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Re: Dabbling in Daytrading - $TICK symbol



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Tick is great as a filter in trading the S&P's, along with premium.  
 
But Ron's right in that you got to study tick's divergences with the
S&P for at least 6 months before you can get a good handle on it.

The best things in trading take a whole lot of time and a hell of a
lot of hard work.  Systems, backtesting, and optimization are not a
panacea for good trading.

TJ

---Ron Augustine  wrote:      
> Tick can be very useful in Index trading, but you >have to study it
for a while to get a grip on how it >relates to price action.  It's
about 80% accurate for >spotting divergences at major intraday pivots.