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[EquisMetaStock Group] Re: Mutual Funds



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Yes I trade Mutual Funds. MS is one of the tools I use; Omnitrader is another. Am I successful at it?? I guess that depends on how you define "success" these days!

Anyway, I do it on a weekly or monthly basis. Fidelity Select are my funds of choice. There have been some good articles in TA of S&C over the last few years that seem to be good starting points.

Harry

--- In equismetastock@xxxxxxxxxxxxxxx, "kelols" <kelols@xxxx> wrote:
> Hello Metastock junkies,
> 
> Last year I started using Metastock. I've been trading for a living 
> for a few years, and Metastock has helped increase my trading 
> efficiency and productivity. I only trade mutal funds and some ETFs.
> 
> Yeah, Mutual Funds. All of the traders I know who trade for a living 
> and not as a sideline, and I know a lot of them, trade mainly mutual 
> funds and ETFs--regardless of what they may say publicly. That's 
> where they get most of their money--at least the ones I know who 
> aren't starving. When you go to a party and people ask what you do 
> for a living and you tell them you trade mutual funds, they think you 
> can make more money selling girl scout cookies. I guess they feel 
> sorry for me. Oh well, what they don't know won't hurt me!
> 
> Anybody in this Metastock users group trade mutual funds as their 
> primary trading focus? 
> 
> I see lots of option traders and all kinds of futures traders and 
> some stock traders. A lot of questions go around about options, 
> futures, and some stocks. I haven't seen anything about mutual funds. 
> I guess the gamblers like options better. It gets the adrenaline 
> flowing. 
> 
> Let me know if there are any boy scouts and old ladies out there that 
> have figured out why you can make more money trading mutual funds 
> than you can make from all the other stuff--and no I don't use 
> someone's email alert system or whatever. 
> 
> By the way, there are mutual funds that specialize in options trading 
> and futures trading. You can live vicariously through them with a 
> whole lot less risk. 
> 
> If you trade Mutual Funds, less exchange a little info. However, not 
> to be rude, I don't want to teach someone how to trade mutual funds, 
> just to talk to a few traders that I don't know who ARE trading 
> mutual funds. 
> 
> JO
> 
> I'm going to post this in the other Metastock site also. So if you 
> think you've seen it twice--you have!


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