Wednesday, September 17, 2008

Stock Market Day Trading

Here are the two trades I took today.

4 comments:

Anonymous said...

What do you see at the green arrows that makes you want to short the stock?

Anonymous said...

It looks like you go short most of the time. I hope the SEC doesn't end your trading for a while.

Scott said...

The green arrows are where I entered the trade. I'm looking for narrow 15 or 30 minute candles that are confirmed by a "flag" consolidation on the 5 minute chart.

Scott said...

This summer was the first time I've shorted a stock in 5 years of trading. I'll have to admit that I was a bit concerned by the SEC's finagling of market rules. We'll see if this "recovery" changes any attitudes.