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Re: system trader



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Fundamentals. They would use price to the degree that they would say "This 
stock is too high" but that's about it. No moving averages, no indicators, no 
lines, no charts really, except to see where the stock has been recently and how 
much it's moved. They don't trade futures at all except for stock indexes. 
They stick to news-driven events, which if you're good enough to devine their 
near term impact on the stocks, is probably the quickest way to make money on 
stocks. Unfortunately it's not an easily learned skill.

In a message dated 9/19/04 6:14:56 PM Pacific Daylight Time, 
multitrak@xxxxxxxxxxxxx writes:

> well, what do they use?
>  
>  Tony
>  
>  >The most successful traders I know, by far, are discretionary traders. 
They
>  >don't use T/A though.
>