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If I'm in a position to change positions in seconds like a light switch and
my cost is nominal. Then I have the advantage over anything you can do and
will take all your money eventually. This is the odds we give the floor
trader. If your a trader and you don't have this advantage then you need to
change markets or add more time. Time and more of it thus more chance for a
bigger loss and bigger profits but your not going to do any scalping for
long with 100 point slippage like you have in the S&P. That's why I'm going
to stocks because I like to day trade and scalp. You right MB you can't
trade what you see because then your following and can't react fast enough
if things change.
Robert
Mark Brown wrote:
>The other day was a good example of why its better to counter trend trade.
>Everyone I knew was short and they got hung. We are in an age where going
>with the flow is going to continue to kill. The only hope for survival is
>to go against all that is taught and known. Trend traders have no future,
>and trading what you see is just stupid! I dont really care what anyone
>thinks other than to do the opposite. I know this wont set well with 99%
>but for you who can get it then do. MB
>
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>:The S+P's are a rough market to trade for sure not just because of way it
>:moves, but also because of surprise moves like the one the other day when
>:the Fed gave their annoucements. (seemed to move more than any other market
>:and faster too
>
>
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