I only trade Intraday (daytrading). Very rare that I hold overnight. I'm actually averaging around $780 a day this year with my trading. My guess is that it would be higher if I stopped trading around 11:30. I'm going to post my Fades today before the market opens. Mac
Tuesdays Fades (looking to Short) Too many today, 10. NASDAQ only. Don't forget FOMC meeting. HANS (be careful, short covering) UP over $4.00 OLGR *LOJN LCRD BIIB *FMCN CMTL *ISPH SONS (under $5.00) MACE (under $5.00) * = Top picks
I trade intraday and swing. Intraday I am rarely in a trade after 12 noon EST unless we are in a major move. In the swings I could care less. When she tells me she's done moving in a direction I listen.
3:00pm CST just go long any US index future contract, place a stop, wake up around 3:00am CST and start looking for an exit. This go long strategy has been golden for the past 6 months, why slug it out with all the day traders. Remember most day traders have been brain washed to never hold positions overnight.
Thanks for sharing you trading with us. If you wish, please let us know how you arrive at this list and how you select your top picks. TIA, DS
Top picks never triggered. So, 2 winners for $1,100 and 1 loser for $300. $800 profit which just so happens to be my daily average. Anyone take these trades? Mac
Thanks for your posts. I didn't look at this thread till afternoon but my best trades are fading gap opens in NYSE stocks. I am curious how you come up with your list. do you have a scanner for stocks trading a certain percentage away from close in premarket or something? I usually use specialist indications on NYSE stocks for stocks I follow with no news to indicate an abnormally weak or strong open and than get the opening print. Unfortunately most mornings most stocks open in a normal area and I don't make any opening print trades. If you could let us know more about how you come up with your list it would be much appreciated