Short Term Trading Live Online Help Day Trading Jan 2
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September 3rd, 2010 at 7:19 pm
what software is this?
September 3rd, 2010 at 7:26 pm
Awesome.
If I have $10,000 now, I was thinking of signing up with you guys for a month or 2.. maybe more if I am making money consistent.
With that being said, how would I budget $10,000 in order to pay you $349 and then how much would the software fees be and average monthly commissions…
Lets say I earned 25% the first month…. I would probably be close to break-even after the fees… but I would be learning a lot..
Thanks Andy!
September 3rd, 2010 at 8:01 pm
You should look up NYSE tick indicator, as well as call / put ratio, and bull/bear ratio, they all show what the smart moneys sentiment is toward the market, its well worth a looksey.
i will give the 50 a try, for short term i was trying 8, and 20 day MA i think ima add that 3rd MA now too, what is it exactly for again? im used to the crossing for bull bear signals
September 3rd, 2010 at 8:21 pm
I trade through Goldman Sachs and use REDI+ software and Esignal charting. I average around 50k to 200k shares/day depending on the action
September 3rd, 2010 at 8:42 pm
The 50 ma works well on a 5 min intraday chart as well. give it a try.
I don’t follow the tick so I’m sorry, can’t help you there. I don’t like to get bogged down watching too much stuff and trust my instincts and gut feeling.
I focus on MAs, volume, and stochastics. Volume is the key.
September 3rd, 2010 at 8:55 pm
thank you.
September 3rd, 2010 at 9:05 pm
Hi Steve,
there is an ETF for shipers it’s SEA
it’s very low volume but you can use it in your sector watch list
September 3rd, 2010 at 9:19 pm
what software does he use. what does it cost.. and on average how many shares does he trade per day… also what broker does he use? i assume its a direct-access broker.
September 3rd, 2010 at 10:10 pm
oh cool, another question too, well a few, whats the 50 MA for? i tend to use that on the longer term, i get the 10 and 20 MA’s.
do you ever use/Know Where the NYSE tick indicator can be found? its driving me nuts looking for it.
last question would be, what major indicators and oscillaors do you mix together? i know no 1 indicator can predict everything but im thinking of using different ones, and replacing to increase the success on my predictions. whats a strong combo for day trading?
September 3rd, 2010 at 10:44 pm
The 3 MA are 10, 20, and 50.
I’ve never used bolinger bands.
I constantly look at the daily and intraday charts. I know that long term and swing traders are keeping an eye on them and I always want to know where a stock is on the daily before I a make a trade.
September 3rd, 2010 at 11:26 pm
What are the 3 Types and periods of the moving averages are being used?
Does anyone use Bolinger bands to set stop losses?
and does it help when you look at the longer term, vs the Intraday chart? just curious and would be helpful to know.
September 3rd, 2010 at 11:35 pm
very nice
September 4th, 2010 at 12:20 am
Thanks for the video as always guys…I did the same thing on that PHM and got myself stopped out–that stock was one of the few home builders that unfortunately didn’t follow the heard.