PureBytes Links
Trading Reference Links
|
Don't you luv it when Fundamentalists put indicators on their fundamental
data. :-)
-----Original Message-----
From: Sigstroker@xxxxxxx [mailto:Sigstroker@xxxxxxx]
Sent: Monday, September 20, 2004 9:04 PM
To: omega-list@xxxxxxxxxx
Subject: Re: system trader
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.
>
|