Recent content by unet1604

Thank you for your constructive answer. I didn't understand TSGannGalt's reply until I read some of his other posts.

Glad to hear of your results. I have never shorted, but wonder if similar results could be achieved if buying one tick below yesterday's low?

Thank you for the article link, it was a good one.

When I buy low it always seems to just keep on going lower. When I have bought one tick above yesterday's high and sell with a 10 cent trailing stop I seem to be doing better.

I would be interested in people's experiences regarding these two trading strategies: Buy High, Sell Higher vs. Buy Low, Sell High.

Thank you 2manywhiners for your in-depth reply and graph. I have never shorted a stock before, but now see how you can benefit from going short and long on a stock even multiple times in a short period. I need to get over feeling bad when I hit a stop and realize it is a necessary tool to...

Thank you for your replies. I will save them all and review them from time to time. I have also been looking into the Average True Range and maybe using that with a trailing stop loss.

I see...the reward should be greater than the risk. I have also tried buying at .10 below yesterday's high once it has been hit and then selling for a .20 profit

I would be grateful for any ideas. I presently buy once a day if QQQQ goes over yesterday's high and sell with a .10 profit, but feel there are better strategies than this. My stop loss is .20