Day trader Trader-X writes an excellent blog. A good start point to read his blog is,
http://traderx.blogspot.com/2005/08/welcome.html
Trader-X said he has the average win ratio above 80% based on his trading. He studied thousands of previous chart and reached his own trading style now.
And trader-x has several followers. They trade on different variations on his main idea.
To put in a nut, he is a gap trader and observes the trend on the first trading hour. And he trades if the chart is similar to his ideal chart pattern.
Saturday, March 3, 2007
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