Recent content by dailyramadah

Yes, another 1 or 2 months more...maybe less...it's obviously impossible to call exact tops or bottoms, but when you're position trading, give or take a month or 2 is pretty accurate.

it's really close, i can feel it!

in my culture, we smoke a lot of weed and it helps to calm and focus. i don't particularly smoke before trading, but i can see how it could be beneficial.

I don't really think it matters that half the accounts are fake. FB is still the leading social media website of its kind, although I'm sure Twitter's up there too... (Remember MySpace? LOL!)

I think the SPYders seem to (almost) be in free fall. All I can hear right now is Tom Petty's "Free Fallin'" playing in my head, dreaming of shorting a huge position and making tonnes of cash while everyone else is poopin' their pants panicking!

I'm not entirely sure about this idea, however, it seems as though it could work for some people. I almost feel like it would cause a disservice rather than benefit my day trading. So the weed makes you feel calmer and more focused? :confused:

From what I'm told, it's all about supply and demand. If you're buying long, look for a demand zone that has already retraced, but always, always, ALWAYS make your final decision on a 5 minute or 3 minute chart (if you're day trading.)

I've only heard of the lavish stories of day traders living all around the world. Shucks. Reality is a bummer.

So that means if I trade 100 shares and up, I pay a commission of $1 in/$1 out?

So it's up to the broker to be able to "find" them. I see...and what do you guys think of Interactive Brokers? I've heard they're good from other sources and I might change...aren't their commissions $1 in/ $1 out?

Hey guys, I'm new to trading so please don't be too hard on me. :) When I'm shorting stocks, sometimes the stocks are unavailable to short. Is there a reason for this? Can someone explain to me why this is and how I can know before I want to enter a trade whether the stock will be...

Why is everyone so down on day trading? It seems like a pretty good way to make money. Please reply if you've had some success day trading.