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Tony Parker wrote:
> I'll be going back to work in a coupla weeks, and I'm trying to
> develop a methodology of monitoring my trades during the day
> without interfereing with my work-day.
>
> I'm a computer consultant by trade, so my bringing a laptop to
> work is no problem, however I don't think lashing up a live RT
> data feed "on the job", is such a smart idea.
>
> I'm tending to favor bringing an alpha-numeric pager to work with
> me and programming signals from TS via Win-Beep on my home-based
> desktop and RT data-feed.
>
> Is anyone else out there doing similar off-site monitoring of
> their markets while working using Win-Beep, TS, & an
> Alpha-Numeric Pager?
>
> I'd like to hear your comments and experiences.
>
> TIA
>
> Tony,
Who says you have to day trade or watch the market all day long
in order to make money?On contraire, I think day trading is a very
difficult way to make a living. I think you can do just fine by taking a
long term view of the markets by holding positions for several weeks to
several months or longer if necessary. I put in GTC orders and sometimes
don't change them for several weeks at a time. I get by just fine with
delayed quotes and CNBC which I really only need to check maybe once a
day. This frees me to puruse other activities. How has this approach
worked for me? CTCR, independent monitor of futures advisors has my
Astro-Trend Advisory trades rated as #1 for percentage of winning trades
for 1997. <http://ctcr.investors.net> . Since I began trading this more
relaxed way, about 4 years ago, I have generated approximately a 230%
increase in my trading equity averaging 25 - 30 trades per year.
Relaxingly,
Norman
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