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Re: ~ NT ~ post# 70057

Tuesday, 06/18/2013 2:50:21 PM

Tuesday, June 18, 2013 2:50:21 PM

Post# of 796372
Thanks for your insight. I look for consistent dollar volume and recent sharp declines or increases, as well as a bit of scanning through the hyped tickers like you say you do. I like your thought process. I'm long fnma but recently I've been more into finding current uptrends (intraday hopefully), jumping in for a very short time, and getting out with tiny profits (manually or automatically exiting when needed w/ very tight stops too), and compounding those small gains by doing it again in same uptrend or even a different ticker. I'm a bit new to this like you are, but that strategy I've been into seems to be an interesting and promising complement to my "regular" style of trading. Plus, at some point the compounding would become ridiculous. Even w/ fees taken into account I think it could be a fairly safe and profitable method. At some point it would reach problems of scaleability (getting very very large orders in and out as quickly as I'd need to might be hard), but I'll cross that bridge when I get to it. If anyone sees something horribly wrong with that strategy, please let me know! Maybe I've overlooked something.