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Support & resistance.

Lots of folks will think this is wild....some of my open buy orders I expect to get hit before it's over. SMH @ $17.50 SPY @ $60.00 QQQ @ $18.00 DIA @ $56.00

Speaking of stockcharts, these are the best swing charts on the net....for free. http://stockcharts.com/def/servlet/Favorites.CServlet?obj=ID345192

I've used pristine and they suck for the $ you have to spend. If you want to learn, just go to stockcharts and look in the Public List. There are some good traders there who are kind enough to post their charts and setups. AND, it's FREE. Here's the best IMO...

Don't waste your time with longbull...ain't worth it.

LOLOLOL

It's going to be difficult to judge the website based on my performance. I started trading in June with $6,800. Unfortunately, the small nut to start with has and will continue to restrict my trading until I can build it up and not be subject to the PDT rules. I'm using the website for all of my...

Momentumstockplays.com takes more of a swing approach but I still use it on a intraday basis with success. If you're looking for plays that offer a 1/4 to a 1/2 reward, don't waste your money on it though. I took the trial with longbull.com and the service is ok, but nowhere comparable to the...

Heck yeah...bring him back!

I took the free trial and the service is decent, but I'm sticking to momentumstockplays.com. Not only are there more potential plays, the site is educational as well. Also, it's 1/2 the cost.

Best site I've found for daytrading is momentumstockplays.com.

rs7, Since I'm not really qualified considering the fact I've only been trading 2 months, you can take this for what it's worth. I focus entirely on TA, particulary S/R. Specifically, I short resistance and I buy support. I carry tight stops on everything I trade. Though I do daytrade from...

Whenever the stock market closes lower on both Thursday and Friday of options expiration, it's a short-term danger sign for the first 1-2 days following expiration. Those of you who've been around for some time probably remember the '87 crash. What you may not remember is that the market was...

I too started trading with a small account ($6,800) in June and also have had to take a swing approach. So far I've been lucky in that I've been able to build my account to $11,800 without taking much risk. Specifically, I've focused 90% on going short stocks that are at key resistance levels...

It takes most traders a long time to understand the significance of S/R. While a rookie will wait for a resistance level to be violated before they buy, the pro's short resistance. Likewise, a rookie will wait for support to be penetrated before they take a short position. The pro's buy support...

It depends on your time frame. 2 minute support isn't nearly as strong as support on the daily. The most important aspect of trading, IMO, is determining your time frame and sticking with it. It's a rare trader who can trade multiple time frames successfully.

Anchor, I focus primarily on the daily charts, but I also keep an eye on the 60 minute, particulary for the holders - SMH, DIA, QQQ, BBH, SPY. I prefer trendlines (horizontal & parallel) over MA's but I do use them as well....8, 50, & 200.

In the short time I've been trading, I have focused 100% on S/R and will continue to do so until it doesn't work anymore. Specifically, I short resistance, and I buy support. Since I'm not subjective, I immediately blow the position on a violation. In other words, the risks I take are very small...

I was under the impression that it didn't matter what you traded....different stock....same stock......options....etc....that if you did more than 4 "in and outs" in any "rolling 5 day time period" you would be tagged a PDT.

No. Once you enable margin, they track the # of your trades in the "Quotes & Trade" menu so its easy to keep up with. If you go over, you are immediately tagged a PDT and they slap the restrictions on.