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Mccune KS | I do not day trade anymore.
But I can tell you what some do.
Most pick stocks they have a feel for.
Some look for patterns and play
off that.
Finviz is a good pattern screener.
A lot average up or scale up in a trade
and run with a winner with a trailing stop.
Day trading is stopping out loses
and going with what's in the news or something
driving the price.
Larry Williams all his stuff is a good read.
I use to play with all the bells an whistles.
Apps that go off with x triggers. I was
basically addicted to the markets.
It's a constant soap opera an they make it that
way.
I love think back in the old thinker swim
platform.
Issues with day trading
You increase your odds of a loss by trading more.
Daller cost averaging is basically out.
Taxes yikes
Selling options off the top is out.
Commish
There are some that's successful
but they are very disaplind.
Like shooting fish in a barrel.
They might wait a long time before they take
a trade.
Like hunting.
Daytraderrockstar is eye candy if you want to see
his ways.
Bottom line ya got to beat the average in the system
ya using.
Things changed 2007 use to be look at bonds
look at gold/silver/doller/news time of week/day(ya matters) then place trade.
It's crazy now
Ohh ya enemy
Slippage ya look into it
Then it's a market u place a sell might not be picked up.
Gaps lovely
Hedging whole other ball game
My thoughts unedited
Waiting for soup to come down
in price gotta eat sometime.
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Day trading in the tractor
