Take a look at the following charts. The first two show charts show what the NYSE and the Advance/Decline Line had looked like at the end of the second week of October in 2004 and the preceding 28 months or so. Now take a look at the same two charts from this trading week which will end on the 8th of October. Nothing else needs to be said!
Journal of my thoughts and trades on the path towards achieving a consistent monthly income from day trading!
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MY DAY TRADING RULES
I will ONLY put stocks BREAKING OUT OF DAILY CONSOLIDATIONS TO NEW HIGHS OR NEW LOWS ON HIGH RELATIVE VOLUME from my DAY TRADING SCAN into m...
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I sold my two overnight positions early in the session and went to 100% cash. $VSAT I took a flat on after being up nicely at Tuesday's ...
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Although in some ways the PDT rule can be a curse in that it limits you from making more than 3 day trades in a rolling 5 day period. The li...




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