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Hello,
The market is composed of different people, using different time frames all
of which is essential for the markets to operate. I trade futures and I am
rarely in the market for more than a few hours. I have been doing it for 30
years ... have not met with ruin yet.
What could be true, however, is position trading (if you know what you are
doing) is done for wealth, while short term trading of leveraged instruments
like futures is for income.
Geo
----- Original Message -----
From: "Pal Anand" <palsanand@xxxxxxxxx>
To: <amibroker@xxxxxxxxxxxxxxx>
Sent: Saturday, October 02, 2004 01:48 AM
Subject: [amibroker] Re: Awesome trading system
>
> Any day trading system, however awesome, discretionary or
> mechanical, can ultimately by defeated by a superior position
> trading system, discretionary or mechanical. Short-term profits
> leads to long-term ruin.
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