02-13-2009, 10:12 AM
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#17 |
Join Date: Jul 2007 Location: Omaha, NE Thanks: 431
Thanked 551 Times in 228 Posts
| Re: This is My Method, Do You Think I'm on the Right Road? Can you still have profitable days if price action goes back to what it was circa 2005-2006 with 4pt intraday ranges?
Go back and look at some historical charts... if you can make it in that stuff I think you'll be fine. That is my only worry for you is that IF the market were to revert back to tight congestive small intraday ranges that gettinga tick here or there might be much harder and thus much harder to overcome the commissions.
Realistically I don't think you have to worry about that happening for awhile considering the global meltdown thats just becoming evident but I would hate for you to be wildly successful for two years get to trading huge size only to have the market shift on you and your edge evaporate with it.
Other than that you're good to go. The results prove it! Go pay yourself. |
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