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Daytrading Legit Help!

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DashOver Member Profile
 
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DashOver   Monday, 09/05/16 11:23:59 PM
Re: None
Post # of 819882 
Daytrading Legit Help!

All Day Long I listen to a disciple of Tim sykes who trades his own account while 20-30 guys tag a long.
I have been watching him for 90 days, and he's been positive every single day, no bs.
His trades last 10-30 seconds and he is only active 9:30-10:30 am and 3-4pm.

Gaps from 9:30 - 10 a.m. are consistently the most profitable.
He also trades a live news feed and follows 6 other trading rooms for ideas.
He believes most people are way too aggressive, and he reaches for 10-30c mostly. 1000-5000 shares. ( Money for this effort kept at Suretrader who offers 6:1)
He keeps monies there and retrieves profits as he goes along.

I never thought that you could survive as a daytrader as the commish should kill you, etc. but this guy has for 4 years and counting, so I am pretty impressed.


My style is primarily options swing trades and protected stock trades using puts etc., but I will take a few trades a week.

I leave his room on all day ( $4 a day it costs me...) because I like to watch someone pulling the trigger with solid risk parameters in place.

Pulling the trigger, day in day out can get difficult, so I find being in the company of live traders, useful for now.

If you want to check it out, got to the options site I administer and contact me.

I'd value your feedback...

Thanks!

Dash
http://www.greatwizeoz.com/

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