As I've tested my algo on various instruments, PA yielded the highest profit margin. But when I saw how illiquid it was, it wasn't very appealing, especially considering that my system is based solely on market orders. For it to work, the order needs to be filled almost immediately. But with...
It seems to show sizable moves, which is perfect for daytrading, but the volume seems pretty tepid. Is it viable to daytrade this without incurring a massive slippage?
Geezus, Cramer was peddling Bear Stearns and Lehman Brothers practically right up to the day they went up in smoke. Then what does he do? He completely freaks out and starts whining that Bernanke is sleep at the wheel. That dude is a master douchebag. End of the story.
A good setup/rule would involve both entry and exit. You should only get out when the exit condition has been met, eg. either when the profit target is hit or you get stopped out.
Personally, I think this is a terrible strategy. Your goal should always be to strive to improve your entry. Taking...
PRESS RELEASE
A new press release from Draganfly reveals that Coldchain Delivery Systems has signed a contract for up to 200 of its Medical Response and Search and Rescue Drones. These will be deployed to the Revived Soldiers Ukraine (RSU) after delivery.
GME hit the previous resistance today, so there will likely be a pullback down to the support. Also notice that it's pretty much mirroring the Nasdaq 100, although on a slightly different timeframe.
Daily GME
Daily Nasdaq futures