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Why is it so hard to beat the market?

Discussion in 'Trading' started by stocktrader3429, Dec 26, 2006.

Neet
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Quote from Don Bright:

Just a comment to NEET.

Not trading the first 20 minutes is a fatal flaw that has been taught to retail traders for years...and is simply wrong. Trading the NYSE opening only strategy is such a primary and fundamental way to make money (simply) that very few take part in. A big percentage of all the Bright traders money is made the first 20 minutes.

I agree about TICK and not TRIN.

Still prefer NYSE because of openings and MOC's. Things are changing however. We use a lot of Naz stocks in pairs.

I, too, believe in Karma (not for trading, but in general), and that's one reason that I do my best to share things here as well.

Happy New Year everyone...make some money in 2007!!

Don
More...

Don,

I'm happy to hear you can trade the first 20 minutes successfully in the NYSE.

Unfortunately, I have not found consistency there.

Hope you have a great 2007.

Neet

#91 Dec 31, 2006

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