< noob > I was thinking, say your margin interest rate is 10%. So if you held a position open using margin for an entire year, and you made...
So does your broker just debit it from your account then?
Their website is www.power-trend.com. It looks like it's just an EMA crossover system (when the red line is above the blue line, buy), etc....
So if you're making hundreds of trades per day, are you making just a tiny bit per trade? Do that many opportunities arise each day? What...
I thought I remembered reading here that the "average" daytrader makes a couple trades per day (1-3 round trips). But I just read over on Swift...
bump :)
No replies? Post more, I guess.
Good thread. I'm 25 and am working near Chicago as a computer programmer and I'm looking to get into trading... I'm looking for prop shops...
A "rolling 5 day period" means 5 consecutive trading days, right? So like M-F or W-Tu, right? But if I do a 4th round trip within 5 days then I...
I would think you could sign a margin agreement even if your account has been open for a while. I was planning on doing that next year.
Chicago. Almost 25 years old. Been trading for less than a year (not daytrading).
Like I said, I'm a n00b and really have no idea what I'm talking about. That's why I'm here: to learn. Maybe one day I can flame the noobs, too :D
Try 5, 10, 20 EMA. It still won't be profitable on the whipsaws. n/m. Better not, unless you're using some tight stops.
Check out QQQQ with 5, 10, 50 day EMAs... buy when the 5 day EMA crosses over to the top. I can only use 3 indicators at a time, so no...
Really? Wow. Simple. Thanks.
Nah, man, I didn't have that problem. I was just curious what would happen if I did.
Can you combine it with Parabolic SAR? When your MA signals are saying "buy" (whichever crossover that is), maybe check for confirmation from...
My trailing stop just got hit at $46.51. If it rises farther after this I won't be too upset. A gain is better than a loss. Besides, I'm a n00b.
I wasn't planning on day trading for a while. I was just curious because I'd read about these rules, but never the situations about which I...
I'm gonna have to read your posts again to understand the money velocity thing. But in the mean time, since I don't know how to enter, can you...
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