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Yes, daytrading is difficult, there's a better chance of success if you are a
specialist
in one specific market. Your knowing and famillarity in the "NUANCES" (pecularity
habit and style of the players) in your specific market.
Concept of "nuance" is important even in evaluating and studying of technical
indicators.
Its an important concept to be aware of in order to be a succesful trader. One has
to
find this out by themselves as it is part of the process and evolution of becoming
a
successful trader.
KIMBOLEGSA@xxxxxxx wrote:
> Hasn't 'day trading' always been extremely difficult? Isn't volatility the key
> to a 'day trader's' heart? I thought that it wasn't 'worth' daytrading in the
> less volatile markets of the past. Like trying to day trade OJ now. Given the
> volatility in the S&P, I've assumed that day trading is (relatively) easier
> now than it's ever been. If volume remains high and therefore volatility
> continues, the pitfalls of various order placement methods will always be a
> gut-wrenching experience. New ones will only offer a new variety of stomach
> pains. In the end the amount 'they' slip you will only determine whether or
> not you can 'scalp' which is only one type of day trading anyway.
>
> If my assumptions are incorrect then I had better get some tick data for OJ?
>
> Rgds,
> Kim
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