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  1. V

    What's wrong with Fridays?

    a. QQQ and SPY are not very volatile. Worst case scenario is that the Empire State Building gets destroyed on the Monday morning after I load up on Friday. The indices open up 10% down, then everyone remembers how the markets fully recovered and I get out by afternoon 5% down. I don't use margin...
  2. V

    What's wrong with Fridays?

    Other than yesterday, the past four Fridays before that people were eager to hold into the weekend. The Comp closed at or near its peak all four Fridays and most of that was a late day surge. While some of that might have been short covering I, for one, loaded up on QQQ and SPY the past two...
  3. V

    What's wrong with Fridays?

    my primary system is a counter-trend system. I more or less fade gaps. Today was pretty neutral for me. No Nasd 100 stocks (except VRSN, which never hit my buy trigger) gapped so I didn't do anything. But the past four Fridays before this were great gap down days that then turned up. Mondays and...
  4. V

    Should I make the switch?

    Hi tradervic. I recently went from my full-time job (I'm an ex-ITer) to fulltime trading. I put about half my money in a trading account and gave the other half to my wife and told her not to let me touch it. In only four months I have had the worst days of my life and the best days. I've...
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