SEC creates rules and regulations, but they hardly enforce it. I'm wondering where all these SEC fees went! Because they sure took a sh*tload out of my account!
$20 a day????? must be nice... I have tons of days where I give them over $1000... and for what????? -mnx
How much risk are you taking when you enter the trade and hold it out for a bit longer time frame? 10 cent, 15 cent risk?
I'm starting to trade SHO stocks a lot now, but I find them harder to read. When you trade SHO stocks how much risk are you taking as a rule of thumb (5 cents, 10 cents) and what would be the most risk per trade you would take? Also, do you scale in and out of the position or is it a one shot deal?
Since so many of our top traders trade correlated pairs, the SHO has really helped us out. We don't have to wait for upticks, which allows us to enter either long or short side first. Profitability and ease of trading has improved considerably. Don
I wasnt a huge bullet trader, but its not fair to call it a gimmick. It was an edge. Trading with an edge is required. Few of us are genius, though from the claims made on chat boards there are approx 10,000 traders making 6 figs + , and barely breaking a sweat to do it.
If you´re trading the higher liquidity, less volatile ones that are already on the hybrid market... like, DIS, GLW, or PFE... you can set your stop as low as 2 cents... the excecution is very much like NASDAQ.