10/24 Week trade guy, what brokerage do you use? I'm curious about how
you are trading indexes.
\_ I'm using Etrade. It's very expensive, at $10 a trade. But
since my volume is super low, it's not a big deal. Also I
have Etrade bank at 3.3% interest rate and that's where my
paycheck goes. I only trade 2 things right now: DIA and QQQQ.
I make it VERY SIMPLE and only use limit orders. If it goes down
10-15% more, limit trigger buys more. If it go up 10-15%,
trigger sell and I simply wait till the next market panic. At one
time
I only have 4 limit orders to worry about: sell DIA/QQQQ if high,
buy more DIA/QQQQ if low. My life is very carefree. I don't run
all that number crunching bullshit. It's meaningless in a recession
where anything goes. KEEP IT SIMPLE and your life will be
carefree... My typical day is just 5 min research, adjust limit,
then go to sleep. I go to work without having to stare at the stock
market ticker. It's been carefree and profitable. I like week
trading.
\_ Is it possible to trade VIX? |