Daytrading Environment
- alphatrends
- July 18th, 2008
The principles I use to achieve the results this week (shown below) are laid out in MY BOOK and in the videos in the “bonus tab”. Notice that the biggest loss occurred in the after hours… I’m lucky it wasn’t much worse, I shorted GOOG yesterday after the close, but my timing was terrible.
I should point out that the most profitable holding time (0-5 Minutes) is not entirely accurate. The software takes the time that I enter the sell order, not the execution time. I often enter a sell order above the market at a predetermined level as soon as I am filled on my purchase. These orders can stay live all day before they are executed, but the report will show it was less than a 5 minute hold.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Brian Shannon is a full time trader (with 20 years of experience), educator and author of the highly regarded book Technical Analysis Using Multiple... More »
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