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Karunakaran,
The "best" way to do intraday trading would be
with trendlines and strict stop losses. That has been my experience. However, I
am a strict advocate of not doing intraday trading, because it
seems more like gambling rather than investing.
However, there are quite a few people who are
carrying on intraday trading. The burnout in such people is huge. An investor
goes thru three bull/bear phases in a complete bull or bear phase, whereas, a
day trader experiences that every hour.
There are other techniques like the pivot points
and S/R levels, the details of which would be available in
archives.
DusantChief Architect<A
href="">http://www.candlestrength.com/
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Sent: Wednesday, April 07, 2004 20:18
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Subject: [EquisMetaStock Group] Any Tips,
Exploration formulas for intra day trading
<FONT face=Verdana
size=2>> I am looking for tips, explorations for intra day trading using
5-> minutes live candles. Anybody, please help me. I am thank
full.> Regards. > K Karunakaran. > > >
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