What are your favorite intraday stock plays?

S

SwingOutOn5

and what is your horizon, mandatory liquidity,etc.

tape reader, chartist.....etc.

fav plays: AAPL, NVDA, NTRI, SWN, STLD

my horizon for day trades is less than 10 minutes usually, so 10 min. is my time stop

i use aapl and nvda because of their volitility and liquidity, swn because if it's having a good day, you can ride it for a while, and ntri and stld because of their wild swings.

i like to stay w/ stocks w/ over 1mm shares daily, but i don't stick to it all the time (i.e.: ntri)

i enter trades based on tape and hold and sell based on tape and chart

oh, and I guess this is important: i'm profitable only about 50% (or less) of my trades - see results on trader PnL board

i hope this will be useful to others
 
i have a time stop because if what I'm in isn't moving, something else is

this way, i can get out what I'm in and go lose money faster in something else :D
 
Quote from SwingOutOn5:

i have a time stop because if what I'm in isn't moving, something else is

this way, i can get out what I'm in and go lose money faster in something else :D
More...

what if it is still moving:confused:

time stop sounds weird....you should exit if it stopped moving. not wait for a time period to elapse.



RT
 
there are a lot of systems that use time stops.
The logic behind is: if the trade is not going in your favour after n bars/time, statistics show, it likely will go against you .
You can test that with an adequate piece of software.
 
Quote from RunTrade:

what if it is still moving:confused:

time stop sounds weird....you should exit if it stopped moving. not wait for a time period to elapse.



RT
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well, if you look at my PnL, I'm obviously not getting something! If something is moving in the correct direction (which is rare), I'll hang on until the tape says otherwise.
 
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