Day-Trading

Plan for today is to play the attached link loudly and headbang. Avoid this whipsaw. http://www.youtube.com/watch?v=lab0n7KaSAE

The Edgy Investor is attempting to make a comeback into the SharePlanner fold.  I have a new (read: faster) computer that should be able to handle blog posts, I have a new regular-job that should allow me more opportunities to daytrade than in the past, and I have a new eagerness to get back into

I've been working on this trading strategy for a while now, but really started to focus on it solely in the past week.  Here are some charts showing the moves and a brief explanation. 1. Have either 4 screens or set your 1 screen to 4 charts so that you can see them happening at

This post shows the 2 possible trades on tza today.  Each is making use of the 20ma not only to confirm the entry, but more important to help confirm weakness and the sell point.  I always look for what I call an accumulation candle to occur for the buy….one that is significantly larger than most,

For those of you interested, I thought it might be helpful to have all of the leveraged ETF's in one place.  Feel free to copy and paste them onto your computer for easy reference.  The first are 3x leveraged, followed by 2x leveraged. BGU - Direxion Daily Large Cap Bull 3X Shares BGZ - Direxion

A great example of a positive breakout.  Wait for the moving average crossover to sell, or because of the amount of profit take 1/2 off the table and let the rest stay in play.

Simple breakout of the daily high established from the opening candle of the day.  Place your stop depending upon your leverage.  The more shares, the closer the stop loss.  This was a very low risk trade if you used the low of day as your stop. Sell into strength or weakness from the 20 day

Here are some more possible trades for you to consider in TNA that occured during the afternoon today.  The first shows how you might play 3 different breakout moves and protect profits to the utmost degree, and the second shows how you could play it as a longer term hold by using less shares thus

Here is a current example (from today!) of how to trade quick high of day or low of day breakouts.  This one happens to be on TNA as it broke out of the high of the day. This type of trade is intended to be high risk and highly leveraged, so it’s not for everyone. 

Here's a look back at TNA and TZA for monday nov 22, 2011.  As some of you know this is the only thing that I am currently day trading with as I like the leveraging that it provides.  Some of you have asked how I make my trades.  While it's a hard question to answer