You're swing trading some pretty volatile stocks with a big chunk of your account that's running close to the PDT limit. I'd recommend you switch to Interactive Brokers and trade smaller, which is cheaper to do at $1 a trade. And you'll probably find it a lot less stressful trading $1000 or so worth of shares versus $5000.
Don't read my diary
- Thread starter angelina
- Start date
It has not worked EVERY time, just 3 times. You need to learn the difference when trading.
forget stocks and options...honestly...I'd only trade futures and specifically the emini indexes...so much more movement per day and leverage etc...just my opinion...
So far I've done it on paper 3 times and it's worked every time.
Just so you guys know, I'm not stupid - I do know about odds and percentages. I found this system on thestreet.com where they backtested it over several years and found that it works about 90% of time. I'm just saying that I've been trying it myself on paper and it seems to work while I'm actually following along. A system is only good if you can do it yourself and make your own judgements while a trade is playing out.
Guess I should be more critical of how I write things or you guys will trash everything I say.
Just so you guys know, I'm not stupid - I do know about odds and percentages. I found this system on thestreet.com where they backtested it over several years and found that it works about 90% of time. I'm just saying that I've been trying it myself on paper and it seems to work while I'm actually following along. A system is only good if you can do it yourself and make your own judgements while a trade is playing out.
Guess I should be more critical of how I write things or you guys will trash everything I say.