Are you mostly Daytrading vs Swingtrading now?

These days about 95% of my money is traded intraday.
That's mainly a function of the zero commissions and a new set of possibilities that have opened up.
 
KCalhoun said:
What are you finding works best for you in this market -- day vs swingtrading, or some of both?

Personally I'm doing more daytrading, since gaps overnight are haphazard.

For daytrading today I had a few winners trading upside reversals in TZA UVXY SDOW.

Any daytrading tips to share, in whatever you are seeing works best?

Here's one: frequently I see midday major reversals, 11-12 like today, which is why I bought inverses at that time ‐- look at today's UVXY chart. Much better to daytrade vs swing.
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About 95% swing/position trades.
Most, but not all gaps on strong trenders are with the main trend-if they were not, mutual funds/investors would not get rich with billions/millions.
Strong summer uptrend; but i'm mostly long non leveraged tech etfs. IF I was super sure of this summer uptrend I would be in TQQQ/ but i'm not.
JAN barometer[Hirsch Stock Traders Almanac] makes the 4th quarter look good + election year also. Took profits on SPYG, yesterday;that non leveraged etf does not drawdown huge like TQQ/LOL
Some gaps do go against the main trend + its worse with 3x leverage...…… Good question KC l………………………………………………………………………………………………………….
 
KCalhoun said:
What are you finding works best for you in this market -- day vs swingtrading, or some of both?

Personally I'm doing more daytrading, since gaps overnight are haphazard.

For daytrading today I had a few winners trading upside reversals in TZA UVXY SDOW.

Any daytrading tips to share, in whatever you are seeing works best?

Here's one: frequently I see midday major reversals, 11-12 like today, which is why I bought inverses at that time ‐- look at today's UVXY chart. Much better to daytrade vs swing.
More...

Looks like you are running out of ideas, and looking for fresh material (desperately).

I addressed you already:
https://www.elitetrader.com/et/threads/n-a.346802/page-7
 
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KCalhoun said:
It's a great topic. The current market requires a flexible approach; I'm simply curious about what my fellow traders here are doing re swing vs daytrading.
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Payday on cash tech ETFs/today[off that IBD list i noted earlier this month];
4.4% in one week, on that one /got about 50% of that 4.4%. May/may not take profit on another/ but its doing better; so we will see........................................................................................
 
deaddog said:
I would imagine the successful traders are sticking with their strategy and the others are chasing their tales switching from one to the other.
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Good point. An important point re daytrading is to minimize trading on inside days like today because they're choppy af. I mostly got stopped out today trading TNA/TZA UVXY etc since whipsaw market.

There were a couple of strong charts WIMI UONE my traders found, but overall a frustrating af Friday :p

Big picture Monday Friday worst days of week; Tuesday Wednesday Thursday best, almost always it's smart to not trade inside days like today. Or at least lighter size
 
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