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Old 17-01-2007, 11:39   #5
Trader02
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Re: High Frequency Trading

Quote:
Originally Posted by Soul-Trader2004
horses for courses KP and the point of more than 3 trades a day being too much is a very sweeping statement based only on your experience.

Many city traders trade hundreds of times a day and make a lot more money than you or I - frequency of trades has nothing to do with the success of a trader or strategy - just that you havent seen yet how to do it.

always remember this

** you dont know what you dont know

** most traders who give advice cannot trade for toffee

** Sweeping statements are rarely useful - the day after you make one it is inevitably proved false

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Get a job, chief -- or publish the cliches in one shot, please.

Pity the man who likes to have good, long, lasting, satisfying, sex with his girl twice a week -- as opposed to this millionaire who plunges 20-100 times a day, sometimes lasting only a few seconds per assault.

And we cannot possibly know this is batty until we have tried it consistently for -- months?

A Pyrrhic victory: lots of money but dazed, no-life zombies for the most part, some exceptions notwithstanding -- worse still, only 1-2% of these cats are actually doing real well financially, but even here they've been dead inside a long time ago.

Bottomline: Frequency of trades has EVERYTHING to do with long-term, lasting success that must include mental well-being, family & social life, stress management and thereby reasonably good maintenance of the prime conduit, the eyes.
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