Dear Friends of Befriend the Trend Trading,
This is just to let you know that "Dr Stoxx" (Dr. Thomas Carr, PhD) is author of the featured article in July's issue of Technical Analysis of Stocks and Commodities Magazine, the most popular magazine for active traders! His article is adapted from a chapter of his forthcoming book, Befriend the Trend! Dr Stoxx's Complete Guide to Trading Stocks, Stock Options and E-Mini's. You can pick up a copy of this magazine in most bookstores (Barnes and Noble, Borders, etc.). You will also find a link to the online version in this email below.
With kind regards, The Befriend the Trend Team.
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T E C H T R A D E R S - S&C
The Technical Analysis of STOCKS & COMMODITIES Newsletter
June 13, 2006
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A newsletter for the trading community.
Visit us today on the World Wide Web at:
< traders.com >
IN THIS ISSUE:
* TRADERS' RESOURCE: Newsletters And Publications
* INTERVIEW: Michael "Trader Mike" Seneadza: From Swing Trading To Daytrading
* FEATURE ARTICLES:
- Is Overnight Trading A New Way To Daytrade? <== Dr. Stoxx's Article!
- The Power Of Implied Volatility
- The Wilson Relative Price Channel
- Get That Edge In Your Trading
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-= INTERVIEW =-
Michael "Trader Mike" Seneadza: From Swing Trading To Daytrading
< traders.com >
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by Jayanthi Gopalakrishnan
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Atlanta, GA-based independent stock trader Michael Seneadza received a bachelor of science degree in electrical engineering from Stanford University, but he started swing trading for a living in 1999 after working in the information systems industry for nine years. He launched his well-received blog at his website, TraderMike.net, in 2003, providing daily market commentary and education material. Last year, he pulled another switch, shifting from swing trading to daytrading.
Technical Analysis of STOCKS & COMMODITIES Editor Jayanthi Gopalakrishnan interviewed Seneadza via email and phone in early May 2006.
-= FEATURE ARTICLE =-
Is Overnight Trading A New Way To Daytrade?
< traders.com >
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by Thomas K. Carr, PhD
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Is the pattern daytrading regulation an obstacle to your daytrading? There may be a way around it.
On September 28, 2001, the Securities and Exchange Commission (SEC) imposed pattern daytrading regulations on all trading accounts less than $25,000. These new rules prohibited undercapitalized traders from daytrading more than twice in any given five-day period. But "necessity is the mother of invention," so I set to work on finding a way to skirt the SEC rules. It was then I came up with the idea of "OverNightTrading" (ONT). |
