|
PureBytes Links
Trading Reference Links
|
<<Daytrading and leverage of the SP contract do no necessarily have
something to do with each other. One can trade happily long term
positions in the SP as an overlay to a stock portfolio without
leveraging the portfolio.>>
*****Absolutely! But the question was why anyone would want to day-trade.
<<The main issue regarding daytrading is transaction costs and reaction
time. If you cannot compete in these two areas then you will not
succeed in daytrading since the floor tends to absorb most of the
small inefficiencies IMVHO.>>
*****Again, absolutely! Looking at the larger picture, why would anyone
want to hang-glide, ride a motorcycle, ocean surf, or become president of
the United States? I guess each his own.
Tom Lisk
|