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Alias Born 10/27/2008

Re: ls7550 post# 28982

Tuesday, 11/25/2008 6:24:09 PM

Tuesday, November 25, 2008 6:24:09 PM

Post# of 48418
Hi Clive, Re: Short Term Trading...

Yes, I have a method but it is based upon indicator and pattern recognition. As such, it has about a 60/40 win rate in these volatile markets. It would require that you believe in a non random walk method. That might be a challenge, as to have an edge in the market means you have to have faith in it, even when the set ups go bad.

Part of the set ups for me now includes the LRS study. It requires much study and discipline to be a successful trader. Without that in these markets, the other participants can eat one up quickly. We're trading in highly charged and automated markets, so many methods are less successful because of that.

Best, Tim

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