|
PureBytes Links
Trading Reference Links
|
All of Coopers work Pretty good...you just need good stop loss precedures
in mind and patience.... Out of 10 stocks here is the breakdown....4 stocks
you get out of ...4 you never get ..and 2 you finally get in and 1 you make
5 on.......but they do work...I backtested all of them.....
At 01:23 AM 5/16/2002 -0400, you wrote:
>I have seen interviews with discretionary daytraders on CNBC where some of
>them acknowledged using this method. Also, I remember an interview with Art
>Cashin on the floor right after the NYSE switched to decimals from fractions
>and he said that he was seeing quite of bit of it.
>
>Kent
>
>
>----- Original Message -----
>From: "David Folster" <mr_bond@xxxxxxxxx>
>To: <omega-list@xxxxxxxxxx>
>Sent: Wednesday, May 15, 2002 10:40 PM
>Subject: stepping in front of size
>
>
>List,
>
>I am curious to know if anybody trades that Jeff Cooper idea of "stepping in
>front of size"? How much success have you had? The idea is one of the only
>daytrading strategies I've seen that makes good sense to me. My
>brother-in-law is a fund manager and he says that when his firm is trying to
>accumulate a large position in an illiquid stock that it can often take days
>or weeks and that yes, big orders will move the market like Cooper says.
>Any comments?
>
>Thanks,
>
>David
>
|