|
PureBytes Links
Trading Reference Links
|
Jerry,
I stand corrected regarding the reference to Charles Drummond's book.
He is a position trader that can last a few minutes to months. He has extensive
materials on the subject of "daytrading" in context with your definition, but is
not easily available. His strategy consists of multiple timeframes and their
interplay or observations for his entries and exits. His basic methodology is
where the trade is taken from the viewpoint of a daytrader with the intent of
making it more than a one day position. His website covers the ideas.
See U
Tom
-----Original Message-----
From: Greatelto <Greatelto@xxxxxxx>
Date: Friday, February 27, 1998 11:48 AM
Subject: Re: Books and Day Traders
>Perhaps we should define "day trader" and not confuse it with "short term
>trader". I consider day trading to be just that....establish a position and
>be out of it before the end of the day. Short term traders may hold a
>position a few days, a week, a month, a few months. If my memory serves me
>correctly, day trading requirements (put up, margin, etc.) are somewhat
>different than the requirements for a short term trader. Maybe someone out
>there can clarify this point.
>
>So, if we use this definition of day trading in conjunction with this list, I
>still do not know of a successful day trader who wrote a book that would "help
>us."
>
>Jerry
>
|