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Re: 2018trader post# 377103

Thursday, 10/19/2023 3:11:53 PM

Thursday, October 19, 2023 3:11:53 PM

Post# of 386130
I personally over the years prefer to swing trade, but these curreb market conditions since early Sept has made it much more harder, anyone who gets into a trade and has real decent profits,and doesn't take it before the close, most likely will lose it the next day,especially with mid and small cap stocks, the corrupt hedge funds are running all out short attacks on many of them that run up,and start running short programs before the close,and the scm bags just keep hitting and grinding them down the next day,no matter how many buyers come in. Just about 80% of the swing trades I've done in the past many months had higher profits if they were closed on the day they were bought, back in the day I used to be a pretty active day trader, and would do up to 30 trades in a day, and average up to and some times over 100 in a week, that was ten to twenty five years ago,my best week around 25k,and on average days make anywhere from $200.00 to $1,200, and also worked for a period of a few years at two different day trading firms,one of them had a few hundred traders at three locations,and were well known back then,both firms were run by professional Wall Street floor traders who spents years on the floor.that was before Wall Street went on a mission to attack day traders as a major priority of theirs,making it much harder,and why many these days rather day trade market index options like on $SPY, I day trade nowadays mostly S&P futures and the options on them, did three daytrades on them today.
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Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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