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Posted by scott@kungfutrader.com on March 24, 2008, 10:06 pm
Today was a good example on why daytraders who trade stock index
futures can be more profitable by following several indexes, and
trading the strongest index on an up day, or the weakest on a down
day. The markets were strong throughout the day, particularly the
Nasdaq stocks. At the end of the day the S&P 500 and Dow faded a bit,
but the ND100 held most of its gains. Daytraders who trade opening
range breakout strategies would have been rewarded by taking the
breakout in the ND100, rather than the Spoos.
Scott@kungfutrader.com
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