Recent content by vanman72001

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    Using a Timer during scalp plays

    You are welcome, and I appreciate all the feedback. I've completed about 50 scalp trades so far using the 3-minute timer system, tweaking the system a little with the suggestions everyone is making. I'm already seeing some pleasantly surprising results, and some of them have to do with...
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    Using a Timer during scalp plays

    The brokerages don't charge interest on the 3x leveraged inverse ETF's like SQQQ, SPXU, and SOXS because I am buying them, not shorting them. These inverse ETF's rise in value when the markets they represent are falling in value. If I buy 1000 shares of SQQQ for example, I want the Nasdaq to...
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    Using a Timer during scalp plays

    I'm doing all my trading in a Roth IRA to avoid tax implications and wash sale rules, so I can't short individual stocks. But I do occasionally trade 3x leveraged inverse ETF's like SOXS, SPXU, and SQQQ, which is essentially shorting the semi-conductors, S&P500, and Nasdaq respectively. I...
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    Using a Timer during scalp plays

    Thanks for all the great suggestions, everyone! I decided to use the 3-minute timer for scalping, and based on all your suggestions, I created a set of rules that go with it. One of the main rules involves using bracket orders with a mechanical stop loss that executes immediately upon entering...
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    Using a Timer during scalp plays

    I've been doing a lot of post-trade analysis of my scalping (mostly scalp low-float stocks up huge on the day). My holding times are generally seconds to a few minutes and average out like this: Avg Winning Duration: 2 mins 7 seconds Avg Losing Duration: 37 seconds After crunching the...
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    Question about Treasury Bills

    Thank you very much!
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    Question about Treasury Bills

    Oh, thanks. Do you find it more profitable to buy t-bills at auction vs. on the secondary market?
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    Question about Treasury Bills

    Thanks, I think I understand it, kind of. I was surprised that bond auctions are actually selling old bonds. I thought that was what the secondary market was for. Anyway, I thought the auction I made the purchase at was for a newly issued bond. Are there bond auctions for newly issued bonds...
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    Question about Treasury Bills

    I need some help. I just bought my first T-bill at auction 3months ago (which I will never do again by the way), and at first glance I thought it lost money. I expected it to pay about 5.3% APY which was the going rate for 3 month T-bills at that time, and instead, it is listed as paying 3.25%...
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    Are broker "Limited Margin IRA Accounts" Legal?

    Yes, it's limited margin that allow you to exit a position and immediately enter a new position with the freed up funds without waiting for the funds to settle. So...if you want to day trade multiple times per day using the same funds in your Roth IRA, you can. You can keep churning the...
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    TD Ameritrade ThinkorSwim Trailing Stops not working

    Well, I spoke with one of their specialists today and we did a live walk-thru of the TOS platform and the advanced trade orders I am using and he is stumped, too. The Trailing Stop should not have executed pre-maturely but it did. There is a really tight spread on this instrument I am...
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    TD Ameritrade ThinkorSwim Trailing Stops not working

    Anyone else having problems with Trailing Stops not working with ThinkorSwim while Day trading? I am using a 2% trailing stop based on the MARK at time of entry, and sometimes the trailing stop order gets triggered 60 seconds or so after the entry before the security moves even .1% in either...
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