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Dunno about IB, but if i recall correctly, Ameritrade would let you have $110,000 in buying power on that 3xs ETF if you go long or short. That being so, and since they would let you have $400,000 of intraday buying power on a non-leveraged ETF, unless you plan to hold overnight, you may find...

You could only trade short. You lose half your opportunities, but you don't worry about the next 911.

Hmmm, i do like this line of thinking. I will see if i can somewhat replicate it. Makes sense to me.

Good article - I can see how one can take the view held on point # 6, but for me, it's no more difficult to determine a downward trend than an upward trend. Some would point out that upward is more pre-dominate than downward, which is true, but still ... I'm not a fan of that line of thinking. I...

I use savings accounts. As of today 4-28-18 rates are Synchrony Bank 1.55% American Express Bank 1.55% Barclays Bank 1.50% Discover Bank 1.50% Ally Bank 1.45%

I've done a wee bit of swing trading since before black monday. I'm 61 years old now and semi-retired and have the time and inclination to learn intraday trading. I'm completing 3 months of day trades end of month. Profitable, but i still have a lot to learn. I could just retire, but i enjoy...

@expiated - I worked up a crude version of your plan for stocks and ETFs using 5SMA, 10SMA, 15EMA, 20SMA and it looks much better than what i was using. I will test it out tomorrow. Thanks!

This week, I've been testing the classic version of pivot points found at this calculator https://www.investing.com/tools/pivot-point-calculator A few times it was spot on at pinpointing support / resistance in advance but most times not so much. Any thoughts on the usefulness of pivot points...

@expiated ... how many MA's do you use? Are they SMA or EMA? What are the numerical values for each? Thanks in advance!

Good question - i hope we get some answers. I've not used paid news.

Hey Salty, Good thread topic. Everyone has to start somewhere and sifting through youtubes is something most have done. Here are some videos i found useful. candlestick patterns What are support and resistance Support & Resistance How To Trade Breakout How to trade false breakouts...

Thanks for sharing again. I finally have time to learn and i value others opinions. As for indicators, i had swore off of them, but recently am using Full Stochastics with settings of 3,5,2. I also keep a 50 SMA on.

If I'm being too nosey just ignore, but may i ask ... What do you use? Maybe Support & Resistance, Price Action and nothing more? I've probably missed you telling somewhere earlier, but i do notice the smarts in your replies. I would enjoy knowing your thoughts. Thanks!

Here's my thoughts http://www.hopeithelps.com/

Answer is, it depends. Someone already mentioned SPY, you can also trade 10,000 of EEM and BAC at a whack without it changing price direction. Heck, you can do 30k size and without scaling on those 3 mentioned instruments and never notice your trades effecting the market.

I use Ameritrade, which i like. But it took several minutes before i could login this morning. Once i logged in i was able to fetch quotes for one symbol, but when i tried to change symbols i get ... The system is temporarily unavailable. Of course yesterday was the huge 1100+ point drop and...

Thanks to all! @DaveV I just mean the second machine as a backup in case the primary fails. I only run Ameritrade basic (not Trade Architect) and 2 to 5 finviz chart and screener tabs. @Scataphagos ... i like your idea best. Just thought I'd get some wise counsel from others.

I'm planning to buy a new Dell desktop. I'm using Windows 7 and quite happy with it. I just want another for a backup. I'm not too big on changes and may opt for another Windows 7. But between Ubuntu Linux and Windows 10, which do you prefer and why?

I use coinbase for Ethereum and Bitstamp for Ripple and other alt coins.

bittrex.com