Why I want to be a day trader

AEHR is one of the Zweig picks this week. It had a good showing a month ago, but recently has been quite pathetic. It gapped down 30% over night (despite being rated a "strong buy"), so if you were long with this one you were left holding the bag. I've had this happen a few times to me, and I hate the feeling of not having control over night. Several people have told me that trading intra-day is too risky. But I think you have more control when you don't hold positions overnight.

I won't be able to have a day job if I'm selling before 4:00, so that's something I'll need to work out before I jump fully in. I really think this is more my cup of tea than the weekly screen trading I've been doing for the past couple of years. Maybe when the market corrects and starts a new bull run I'll change my mind. But the last six months has really punished my stock screen trading right out of me.

I plan to keep everybody informed as I start trading in a new direction. I'm "going live" next Monday with my first day of selling at the close. I plan to detail at least a trade a day on the blog. If it works, it will be a less stressful (and hopefully more lucrative) way for me to trade. If it doesn't work, it will be another good lesson for me and the 2 others who read StockPunk.