Boyd, I was very impressed by your experience....

I also looked up Joe Ross on the 'net. He sounds like quite an interesting guy....

I thought this was intesting too....

> One finding that you may find useful, that
> my database clearly pointed out, is that
> intraday stock index futures traders can do
> well by trading the first hour-and-a-half of
> the day, and the last hour-and-a-half of the
> day (after the Bonds close), and goofing off
> the rest of the time. Three hours a day of
> real-time tick-by-tick chart reading is
> enough work, anyway.

I'm pretty interested in patterns in the stock market. For example, apparently it is usual for a stock to make it's biggest gains for the year in January. And October seems to have a tendency to be a bad month!

This is an interestic topic to explore more....

I know I've read more about this, but sometimes it slips the mind.... However, I know where I can look some stuff up.... Let me do some reading, and maybe I'll write a post about more of this kind of thing.... :)

There is a luck factor too, to a degree.... I guess it's in my nature that I like to minimize the risk (I guess that's why I'm a long term investor). I tend to calculate risks carefully, and make sure the chances of success are in my favor.... If they are, and if I don't have too much to lose and much to gain, then I go for it! But everyone is different, and everyone has different strategies, and certainly more than one approach works!

(For example, my carefully weighted approach to things seems to usually be disapproved in various "leadership" books, which generally seem to say that leaders should make quick decisions....)

Dien Rice