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• Tape Reading And Daytrading Stock Index Futures by Gary Smith

  ARTICLE SYNOPSIS ...Tape Reading And Daytrading Stock Index Futures by Gary Smith Tape reading isn't terribly complicated. In Reminiscences of a Stock Operator, Edwin LeFèvre said it best: "This matter of tape reading is not so complicated as it appears. Of course you need experience. ? The object of reading the tape is to ascertain, first, how and next when to trade -- that is, whether it is wiser to buy than sell. ? You watch the market -- that is, the course of prices as recorded by the tape -- that is, the price tendency." Two key issues for traders here. First, the objective of reading the tape is to discover ...

AUTHOR: Gary SmithDATE: MAY 1997SUBJECT: Basic Techniques

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• Analysis Of A Winning Trade by Gary Smith

  ARTICLE SYNOPSIS ...Analysis Of A Winning Trade by Gary Smith Winning traders tend to have something in common in at least one way, and that is the ability to make rapid trading decisions based on all the factors that affect the market. Here, private trader Gary Smith recounts a trade he made in November 1993 in stock futures and explains about the monthly, weekly, daily and intraday indicators that made that day an obvious buy. The world of successful real-time trading in stock futures differs markedly from that portrayed by theorists and academicians who have little or no hands-on experience as traders. These...

AUTHOR: Gary SmithDATE: MAY 1994