Short Term Trading Member Forum

[rayank]

New here. I search for the biggest daily gainers and after the first hour or so of trading I look for a stock to short sell for a small day trade gain, if I feel the stock has gained too much on news that is not that big of a deal and look for that little re-tracement or pullback. It seems to work, but it is risky. I am 72 years old and have been into stocks for about 35 years. But even though I still keep busy by entertaining for nursing homes almost daily and have been a musician for 57 years, my dad used to say "even a train stops sometimes", so I am preparing to see what I can do in my spare time if and when I am still alive, but can no longer entertain. I am all into ETFs (14) now that have high yields (8% average) as I prepare my wife and I for a lesser income, but maybe thinking my day trade short selling might add to our social security? I am not convinced I can do it, but I have been doing good except for 2 times out of about 25 times I have done it, but my 2 bad ones, were bad ones. LOL Anyone else do similar or am I the only nut?