Short Term Trading

[xe2dy]

Hello D, here is a copy of the post I was going to add to the RB jwg board but didn't. I understand and respect the fact that he wants to keep that board as 'day trading'. At this point (and probably for some time to come :) I can't effectively day trade due to the SEC rule requiring account balance greater than 25K for more than 3 day trades per week. In a way that is good because it's forcing me to take more into account when taking a position and holding over night. I need to pay attention to trend lines. divergence. volume etc.

"100% short QQQ, but on review of daily and weekly USPIX and UOPIX charts, along with daily breath charts and the QQQ 30 min chart will be 100% long very soon. Will leave the IRA flat and wait for another shorting opportunity."

BTW D, jwg offered to let me manage this board as he has 'wash his hands' with it. I feel that you are way more capable than I and will give you my vote. You have taught me a lot, D and I appreciate that.