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Hi palsanand,
Monday, November 17, 2003, 1:56:42 PM, you wrote:
p> Well, Volatility is the life-blood for day-trading, the more
p> volatile the better
Absolutely disagree. You want just the right amount, because you
have NO GUARANTEE your trade will win, and need to set appropriate
stops.
As for the rest . . . I give up. ^_-
p> and it doesn't fly in the face of common
p> sense, infact it is perfectly aligned with common sense. A
p> dip/rally or a breakout is trying to catch the trend when it is in
p> full swing and a confirmed trend-change has confirmed the start of
p> a new trend, so it is natural for volatility to be high in those
p> circumstances, not that it really matters, though low volatility
p> would be nice especially for non- confirmed trend-changes...
Yuki
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