The Hourly Liquidity Data Bank As A Tool For Day Traders by Donald L. Jones & C. Young
ARTICLE SYNOPSIS ...The Hourly Liquidity Data Bank As A Tool For Day Traders by Donald L. Jones & C. Young
How hourly data from the Chicago Board of Trade's Liquidity Data Bank can help day traders manage their positions.
A typical day trader takes a position and then waits for the trade to workout. Most traders have found
that micromanaging a day trade is poor technique, so working a trade out means that either a target is
reached for a profit or a stop is hit for a loss. New information from the Chicago Board of Trade's hourly
Liquidity Data Bank (LDB) lets the trader evaluate open day trades from cleared vo...