Does anyone daytrade

Used to trade only IWM and TWM and now use TNA and TZA.

For me there is a lot of truth to the idea of getting to really know what you're trading. And nothing like watching the same two day after day after day for really getting to know them.
 
Hello

It can be done, very sucessfully, and quite a lot of fun!

I've stuck with two thus far. I'm just using a popular no fee/no min/flat fee trade commision highly commercial broker. But they get everything done super quick, my limits are always executed.

So the big one that I'm really driven by right now. SIRI

Just bought 150,000 shares at .27 few hours ago.

Sold for .30 and I'm done for the day. Pulled out 4,500.00 USD

I really want to go longterm! Come on SIRI!!!

But there's how I do it. You could start your nice bank of capital with I'd say a min of 15,000 to get here quickly. Ugh taxes.

Also got in on AIG. Good new will come Tues...
 
Quote from T-Bone Trader:

I trade 1-3 ETFs only and have discovered that I get a very good feeling for the movements as compared to back then when I used to scan the market for "stocks in play" - only to get murdered!

Focusing on 1-3 stocks/ETFs/financial products is the best strategy. All the best independent traders (we know who they all are) trade only a handful of financial products and get to understand the movements behind them.

*** Less to focus on = better individual focus on each trade!
More...

T-Bone Trader : the last sentence should be posted on all our 3.err 10 pcs. It's the key to building your wealth day-to-day.
fabulous must be your middle name!
 
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