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I use Scottrade now and that's all I do is short stocks between $5-$20 on the Nasdaq. However I have been debating on moving to IB because I have had a few stocks that were unshortable. And when I looked them up on IB's shortable stocks they were there. So if I were you I would just go to IB.

Thanks for making that point clear. I am not shorting "every" top gainer. I am very selective on which stocks I short everyday. Each one has a certain criteria it has to meet in order to be put on my watch list for the day.

Daaaaammmnnn Dustin.. those were all good trades.

This trade was a little faster than usual.. But I just bought to cover at 11.10 for a fast 2% gain. In fact I think I could have stayed in this one for a little longer and made more. Oh well.. I just wanted to trade it for an example. Thanks for everyones input. I have a lot of new...

I just shorted AGIX at 11.34..

Dustin that is a good idea to go both ways. I will start watching the loosers as well and see if I can get comfortable with them. I have noticed that if I short three stocks a day I can usually make money on two out of the three trades.

Thanks for responding. I am glad to see that I am not the only crazy one on here. One of the most imortant things you said is you have to go with how you feel a lot of the times. I don't enter every top ten % gainers, I usually will try to keep it between 1-3 trades a day. And your right...

Interesting you say that Ken. I have looked at trading this scenario as well. However I found that I was not as succesfull in my trades. I will be reading your blog to get more insite. I think it's a very interesting concept of trading.

I didn't trade CPSL. That was just an example that came off the top of my head. Don't look to far into things. And your right, I have shorted a few stocks that shot up again on the second day. That does happen. However I do some fast research on a stock before I enter a short. And can...

You make some very valid points. I have found that by trading this way you have to be very strict on you risk management. And your right volume is very important as well. I have shorted a stock not realizing it didn't have much volume. And when it came time to fill my order it took awhile...

How do you test it before trading it? I have actaully been trading like this and have made over 38% gain in four months. And I tought a friend of mine how to do it and he has made 50% gain in four months. This is all real money not paper tradinig. But I am interested in learning on how to...

Do you guys think it is stupid to short the top % gainers? I have found a little strategy that I think works very well. But I am not a seasoned trader and wanted to get your opinions. I have been shorting the top % gainers of the day. I figure what goes up that fast must come down. At least...

Here is one you may want to watch. CHL I started trading it two years ago when it was around $15. It is now at $43.

Thanks for the tips guys.. I just did what you said and put all my eggs in one basket . I used all the money I had and all the margin money I had and bought google just before close today. I sure hope you guys are right.. otherwise Im gonna be out a lot of money.

Should I stay or should I go..

26 Utah Been in the market for over five years. Am just now trading actively. I currently sale stocks short on the Nasdaq.

That explains it... thanks.

Why won't my sig show up on post??

What is this world coming to????

Could you please explain? What is an outside reversal bar? And what do they look like? Do you have any examples? Thanks, Brandon