daytraders after market lounge 23rd aug 2012, page-22

  1. 7,626 Posts.
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    kmac,FMX.
    Couldn't help responding.
    From my limited experience in DTing,I find that it is most often spontaneous (rather than a predetermined assault the night before)...The signals are usually triggered intraday, mostly within the 1st 30 min of the open....Some of the big movers could be quite inert before a certain signal is triggered.
    To my mind the most efficient way of generating profits is to take as many positions ,with near ideal entry points, as capital will allow....Exiting them on the same day or holding them for a few days is individual...But usually a little bit of time in the market is more efficient than a premature exit.
    I am always happy to take many small losses ,but never content with a small profit.
    A quick look at fundamintals gives a little edge as well....A couple of minutes "sizing up" the business is no harm.
    Sorry to muddy the waters.
 
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