Day Trading Strategy in StrategyDesk - OIH - 01/05/09
July 1st, 2009 by energy etf
Day trading late in the Afternoon. Pick OIH. Position: Short … day trading for living strategydesk strategy desk td ameritrade daytrading trader strategies buy sell esignal signals chart profit making money back testing backtesting backtest test formula best good working swing stock market charts technical analysis wall street trade station tradestation ninja fidelity apama ideas schwab broker oil ETF ETN sevices
This entry was posted on Wednesday, July 1st, 2009 at 9:37 am and is filed under Oil. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.
July 1st, 2009 at 9:37 am
If you want I can show you the back test in daily chart, a B on 12/31/08 and an S on 01/09/09
July 1st, 2009 at 9:37 am
you were right on to have a buy on spy!
July 1st, 2009 at 9:37 am
Great.. Or they could gap up too (if you are caught short).
Good luck.
July 1st, 2009 at 9:37 am
I hear you, I always fear my stocks gapping down the next morning.
I’m paper trading right now, I set up a game at investopedia, starting out with only $1,000. I want to beat the S&P on a weekly basis by at least 4%, four times before I trade with real money. I was up $15 today.
July 1st, 2009 at 9:37 am
I try to get the best possible price with limit orders, there is plenty of time in 5-10min for price to move. You also never know how your broker will execute your market order.
I don’t swing trade but I can tell you that there is a chance SPY could continue, I have “B” confirmation on 12/31 in my daily chart, but you never know what the news will bring, that’s why I stick with day trading.
July 1st, 2009 at 9:37 am
“Have you ever* tried”, I meant to say, sorry about that.
July 1st, 2009 at 9:37 am
I just gave you 5 stars!
Have you even tried using market orders instead? It seems like it would save some time and be less annoying than having to type and change the limit, IMO.
Also, there is an ascending triangle forming on ‘SPY’ that began on 11/20/08 and just broke out on the 2nd. Do you think it will be a reversal or continuation triangle?