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Re: Position Traders and When to Execute Trades?
By:Pete
Date: Wednesday, 29 December 2004, 5:28 pm
In Response To: Re: Position Traders and When to Execute Trades? (Erich (vendor, CTA))

Hi Erich,

Thanks for taking the time to answer my questions. As a position trader using end of day data is there a certain time of the day that you find advantageous to call your broker to place an order? Do you ask the broker at what price is the market currently trading to see if the support or resistance levels from yesterday are still holding up at that time? I ask this question because you are basing your trading decisions on yesterdays price levels as a result of using daily charts (end of day data). Thanks.

Messages In This Thread

Position Traders and When to Execute Trades?
Pete -- Sunday, 26 December 2004, 10:27 pm
Re: Position Traders and When to Execute Trades?
Dino Dave -- Monday, 27 December 2004, 10:20 am
Re: Position Traders and When to Execute Trades?
Erich (vendor, CTA) -- Wednesday, 29 December 2004, 4:47 pm
Re: Position Traders and When to Execute Trades?
Pete -- Wednesday, 29 December 2004, 5:28 pm
Re: Position Traders and When to Execute Trades?
Erich (vendor, CTA) -- Wednesday, 29 December 2004, 5:44 pm