Monday, May 30, 2005

Day Trading: In and Out in a Jiffy

The problems with most day trading systems are legion:
  • They're too complex
  • They require too much care and feeding
  • Who knows when or if you'll get a signal?
  • You have to stay in and sweat for hours
  • It's hard to know when to pull the trigger (or the plug) or get out
You may be able to think of others. The Sixty Minute Trader is full of straight talk for those who would like to make an excellent living trading the first sixty minutes (probably just a handful of them, actually) of regular trading hours. I haven't seen the ideas presented anywhere else, and, as I've mentioned elsewhere, I've looked at (and paid for) a lot of other systems.

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