It's possible the market makers blew a lot of stops this morning to rake in some cash but I think for some reason there was a massive selloff. I would say I watch for 1/2 the time the market is open.
That's good to know about tradeking. ST Elite only works on PC's. I think I'll stay where I am right now but ST has offices all over the country. You think $7 trades support that?
They seem to promote certain stocks. Maybe they get a commission both ways? You'd think they'd take AA off their front page as an example with their indicators.
But I can call them on the phone and they always answer or kick me up to the corporate level.
Rather than switching horses right now, I think I'll put my energy into learning options even if I end up not trading them.
In 2008, one person on my comm forum said they lost 200,000 day trading. So they learned to short, said they shorted Lehman Bros all the way down and got their money back. That's gutsy. Now they just daytrade one stock, says you should know all their moves over a period of time.
There are people that can trade options, day stocks, even commodities and real estate but I’m just not one of them —seems a person has to go with with what’s intuitive for them. I’m remembering a guy that spent all his time trading currencies and telling me that he liked it because (he felt) currency info was so much more dependable than stock info.
Go figure.