Replies to post #17143 on Friends sharing thoughts...

[Wrinkles]

Bottom line, watch the symbols/etf's you like to play for a higher high than previous trading day and see if it breaks out use a stop OR watch for a lower low than previous day to see if a bearish daytrader trend sets up???

It always comes back to those two simple things, EVERY SINGLE DAY ON EVERY SINGLE STOCK OR ETF OR INDEX, PERIOD!!! You can't become bullish on anything without finally breaking a previous days high and giving a buy signal and run commences....but use a stop in case a false buy signal....quite simple....

Works same way when looking to short something and you want to see a lower low than the previous trading day and buy signal to get short, must happen for something to start a bearish trend whether short or long term.....

As a daytrader I think VERY SHORT timeframes, just fits me best and my desire....holding long is assnine for me and especially in this day and age, jmo......even if we see new alltime highs in next 6 months or 12 months, holding long in a completely fake and manipulated mrkt on all levels not for me.....