Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?

To: Gush who wrote (4075)	1/20/2005 9:17:09 PM
From: Vendit™	Read Replies (1) \| Respond to of 8752

Gush. A Vendit day-trading lessen: I made it look simple in the post and is once you understand the difference between “day trading” and “swing trading”. You may already understand the difference and I could be preaching to the choir so forgive me if I am. In my chart example to rrufff, I placed the settings that best exploited that stock’s intra-day “rolls”. As it turns out, a 2-minute time frame is best to trade his stock in given the volume and volatility. Your statement about Stochastic is dead on correct. MACD is a slower moving oscillator that I placed there as a confirming entry (but not NOT AND EXIT) signal generator. 139.142.147.22 Lastly, when trading in a small time-frame like 2 minute windows, a trader should also use at least one other longer term confirming time frame with the same technical setup. 15 or 30 minutes will do to spot the trend. 15-minutes 139.142.147.22 This will ensure that you are not trying to trade a stock long while the trend is actually moving down. I hope that makes sense. The last chart above tells me that I have only a few minutes after the open tomorrow to exit my position. Reid