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20-100 handles per what??? given any daily trading range, you can bang
this out in a single DAY trading only a coupla of times. i learned
early on to take advantage of the current intraday range expansions by
"position" day trading rather than scalping. so, i'm flat at eod (no
overnight risk), however, i can still participate in wide swinging
intraday moves with a whole lot less risk than a position trader and
definitely less stress than a scalper.
also, i have less stress in knowing my discretionary methods are
adaptable to any trading environment in long term (15+ years) real
time trading. so, i don't need to worry if my mechanical beast will
blow up next year or next month. not to knock mechanical systems, but
even the best systems don't last longer than a few years in real time
trading though the backtests look excellent. most of my system trading
buddies are always looking over their shoulders waiting for the demon
named "blowout" to come creeping up on them.
as you say, i like to do it the easier way, imho :)
TJ
no method or system or strategy is "better" or "best" unless it makes
consistent money over the long haul in real time trading
---Phil Lane wrote:
then catch runs of 20 - 100 FULL points. That's $2000 - $10,000 on each
trade.
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