thx, etf tab revealing 4:1 call/put ratio uvxy sqqq
its odd biotech inverse labd strong, i bought inverses, in case jan drop, sm size 11k worth
"sometimes ya just gotta say, what the fuck" - Risky Business
happy new year guys
#lastbearstanding
Remember the #daytrading mirc text chatroom... I had a big following under handle mercury... ye olde days
Re datek https://www.thestreet.com/opinion/ex-datek-brokers-hit-with-huge-fines-10062626
https://www.sec.gov/news/press/2003-5.htm
Be rules-based. For example I add to winning swingtrades that close at 2-day highs and scale out at 2day lows. I avoid trading inside days, eg if chart is inside prior day's range.
Just played gta5 for the first time in years....just wow. Totally believable huge realistic city, funny cussing and great 80s pop soundtrack. Just driving around is so fun.
Right, me too datek with qt thumbnail charts on 6 sony CRT monitors from Waikiki condo. Datek and guaranteed 60second order fills.... qt worked great
#wearedinosaurs
Hey Mike good to know, seems like forever ago. Profoundly grateful,, original QT was great, it's what I used to learn and practice daytrading on back in 2000. Amazing how genuinely good it was.
It'll be interesting to see which sectors lead the way up or down.... they're very divergent eg ev solar metals tech and markets dow vs russell sp nas etc .
Would be great to see big overlay chart so we can see at a glance the trendlines
it's a function of the time frame that the candle is calculated on. I find that using shorter time interval candles such as 1 minute for daytrading is a great approach. That's a very interesting question. The main point is why would one want to look at that. The correct use of candles depends...
I was stubbornly thinking markets would sell back down at some point due to the pandemic. Lost thousands trying to bottomfish inverses. Frustrating. At least I did do some long swings like AAPL recently, and MGM off March lows.
I still have a hard time reconciling why markets continue...
Good points.... main thing is small intraday S&P ranges lately are tough to trade in December... hint when premkt gap size is bigger than intraday ranges it's tougher to daytrade. Minor scr so far but no big daylong rallies or selloffs yet.
Look at how tiny the daily S&P candles are on...