If he said that this is the best time to trade stocks he should be challenged to explain that statement right here. I can not wait to see how he redefines is or something else Clintonesque. However, I actually doubt that is what he said. He will probably state that he was referencing the cost per share to trade or something like that.
did anyone hear any details behind this statement? Don are you out there......what is your take on this?
What I am finding is whenever I make a wrong call with the minis , I must recover as soon as possible. I look at my wrong direction too long instead of changing my thinking. Some one said futures should not be thought about too much. I'm beginning to think that is correct. It's basic direction. But also being involved with stocks one tens to analyze info.
I agree....you have to change direction immediatly. Indexes are more price action than any real thought. I think it helps to try to "think stupid" to trade them.
Yes, some issues have seen this: We have just modified what we trade and how we trade. We constantly review our methods and since the beginning of the year we have made a few changes/tweaks to our approach but nothing too drastic. Our experience is that this year - since jan - has been very good in NYSE issues (we also trade futures), contrary to what a lot of people are saying. However, I do know a few people trading at some of the local "daytrading" type shops and several of them have not done well this year, or have washed out. I think that we just recognized that a few changes were required in a few of our techniques earlier in the year and made them. I am very optimistic for the balance of the year and I dont feel that there is any merit to an argument to abandon NYSE issues - at least for our operations.