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I'm with Clay on this. Stocks go up on the stairs, and down on the elevator. Whenever there is fear, and you can smell it, you short it. You can smell the fear the last two weeks with all the panic selling. The more successful traders take advantage of the panic selling. When I'm long...

If anyone is doing day trading, or even swing trading or investing, I highly recommend this program. It doesn't take all of the guesswork out of technical analysis, you still have to study. And it doesn't work well on anything with higher than 6% volatility. If you follow the signals blindly...

I do have the benefit that I only need to work about 20 hours a week in the business, and I can schedule my work around my trading hours. I've had to learn to not be an alpha, I'm now a cuck to the market. That stock is banging my wife, and I'm sitting there in the corner waiting for the money...

Do you not day trade? This trade was in about an hour on Friday, with only 35K. So roughly 7% in an hour. Whenever people say its from being in a bull market, please take note of the - before the number of shares. That denotes I shorted the stock. Do I have more of a risk tolerance? Maybe...

The only future points I'm thinking about are the next trade, and February of 2022. Short term, its trying to make 200-500 a day this month. Next year, that's when I reevaluate how much more money I move from the business to me. Its not good money management for me to have six months'...

I expected to make more than 13%, and told everyone my gameplan a month ago. Go back, look at my post history. I gave the reasoning behind those trades a month ago, right here. A large percentage of my gains came from travel and leisure. Was I expecting Merck to do their drug? No. But I've...

Bulls get fed, bears get fed, I am both. You see my gains I post them daily now. When the market is bearish, I've been shorting the SPY and QQQ as they've been bleeding the last few weeks. I shorted MRNA on Friday and made a couple of thousand in a little over an hour, I shorted Zoom. Not...

Zzen, I'm really just too old for any sort of forum games. Leave me out of them.

I am scalping most of the time, so more trades than most. Anywhere from 5 to 30 trades in a day. I plug in my OCO bracket orders for programmed profits, and if I think it will run, I open the profit up some. Honestly, I do better with 5-8 trades a day. I can't tell you how many times I made...

I don't have any goals other than the next trade, and to be consistent in the next 30 days. 13.1% was great last month, but actually started to feel the pressure of doing that every day. I can easily make 4% a month if I keep my mind clear. I'm not increasing my trades as the balance goes up...

OK, just don't commit suicide. I'm sure you have people that love you.

I netted 13.1% on my day trades in September, had five losing days, the rest winners. I day traded every day but two days (I swing traded the travel stocks and cashed some of them in yesterday). Three of the losers were really small (a few hundred) when everything was choppy. That's bound to...

It might be worth it, especially since they haven't got the insane run up the travel and leisure stocks did.

Don't do that. I had 60k in BTNX at 50 and a year later it went to 400. At the time, no one was saying it would go much higher. So yeah, would have had 500k if I'd sat on it for a year. You'll go crazy thinking about trades you didn't make, or ended early. Literally, they'll be taking sizes...

So I bought up the travel and leisure stocks in the premarket, but hadn't thought about industrials. Thoughts?

Merck

There would be no confirmation to do so, the signals have said to buy past 10 AM. You'd have to be an idiot to short the market today. Shorting a little Zoom. Its up because the acquisition failed, but its still facing horrible comps and reduced growth. The Merck news is not a plus for it...

Adding some MA and PYPL while I still can get at these prices.

These travel and leisure stocks are up 5%...glad I snatched more up before the open.

JETS !!! Glad I didn't sell it, like I was tempted to do.

This trade I told you I was entering on BKNG yesterday, I'm ending it. $352 on the swing trade. I don't think the stock is worth more than $2,500 a year from now. Its hit my price target.

Weiss on CNBC just white knighted MRNA and it popped. Good thing I reduced my short position beforehand.

The data is actually really good considering they used at risk groups.

Trading the QQQ yesterday was not fun, it was so much more volatile.

No one ever went broke taking a profit. All you can do is learn for next time. That, or get access to a time machine.

Why would you sell with covid counts plumetting?

I almost bought more DIS today based on the news, but passed. I closed half my short position in MRNA. I understand its probably going to rebound and then fall again next week. 900 profit for the day, leaving the rest of my pairs trade open.

Damn, when do I cover? If hospitalizations drop 50%, how much lower should a vaccine company be?

Yay, for the pairs trade https://www.investopedia.com/terms/p/pairstrade.asp

Thanks, Sanrith, I owe ya one.

Damn, MRNA is down so much if I end my short, I wont be able to reopen (10% rule).

The travel and leisure stuff is on fire right now. So this has been my first pairs trade, went long JETS, NCLH, MSGE and short MRNA.

You just gave me an idea that made me a quick $500 this AM shorting MRNA. Thanks!

That stock is trading at the same price I sold it last year.

OK, now I see why travel and leisure stocks are flying today. https://www.cnn.com/2021/10/01/health/us-coronavirus-friday/index.html

Are we really expecting a correction after it just corrected?

I can usually get shares to short, just not when its over 750.

Not sure what's up with BKNG, but picking up six shares.

Not doing much trading today, have laid in swing positions based on air travel. The covid numbers have come down that much. https://www.marketwatch.com/story/boeing-and-spirit-airlines-upgraded-to-outperform-at-bernstein-on-expectations-for-recovery-in-air-travel-2021-09-29

If I'm on a stock that's a MEME stock, I get off of it. At any given time, they can lose interest in it, and you lose big time.