QUICK POLL: Which trading method do ET traders most rely on?

Discussion in 'Trading' started by Xspurt, May 21, 2010.

Which method do you most rely on for your trading decisions

  1. HFT Algo

    2 vote(s)
    3.8%
  2. Statistics Bot

    3 vote(s)
    5.7%
  3. TA Bot

    2 vote(s)
    3.8%
  4. TA

    35 vote(s)
    66.0%
  5. News

    6 vote(s)
    11.3%
  6. Fundamentals

    5 vote(s)
    9.4%
  1. My last poll suggests that about 75% of ET active members are day trading.

    I am interested to see how we go about deciding to take our trades. If you use a mixed strategy vote for the one you see as most important for your trading.

    News can be anything from economic data to earnings releases etc. If your News Trading is simply breakout trading then vote for News. If you use News to select candidates but TA gives the trade then vote TA etc.

    Not sure how you would use fundamentals alone to day trade :)

    Many thanks and good trading :)

    PS: I should have put stats as a stand alone opportunity, so if that's your thing please just use the Stats Bot.
     
  2. Bump
     
  3. No HFT's as yet in the UK session.
     
  4. Bump and thanks.
     
  5. cstfx

    cstfx

    you forgot an option: "my gut says..."

    that would probably get the most responses
     
  6. Eddiefl

    Eddiefl


    chirp, chirp,,,,,,,,,,,,,, bump +2
     
  7. My read on the headlines and posts suggests 75% of ET members don't trade at all. They watch the action and armchair quarterback.
     
  8. Believe me, it was a consideration along with chickens entrails, but I am trying to pretend we are all tied to the objectivity of our trading plan.
     
  9. Yip, I'd say so.
     
  10. This isn't a bad assumption, but wrong, nonetheless, because failure is more common in the favorite TA slot, and the rest is noise trading but HFT and statistics bots.
     
    #10     May 21, 2010