I discovered a great site with free seminars from notable traders and trainers. I was watching one of my mentors just now, Oliver Velez. I was having doubts about my system and having short term base hit trades. Earlier when watching a Hubert Senters/John Carter video they were talking about large stops and giving things room to run. I was feeling guilty about missing some 4-5 point moves. However Oliver just stated an incredible fact...
"the average length of a trade for a Nasdaq market maker is 4.5 SECONDS."
"the average length of a trade for an S&P market maker is 4.5 MINUTES"
If the trading GODS are ultra short term traders, I can safely say I am on the right track.
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