The best daytrades I have seen for stocks generally follow similar rules toMaoxian's Trading for Dummies.
I agree with JimR that it is not for everyone and the commissions can add up quickly.
I prefer the tighter spreads and better fills that I can get from the e-minis.
Search found 2 matches
- Thu Apr 19, 2007 1:47 pm
- Forum: Trend Indicators and Signals
- Topic: Daytrading---how?
- Replies: 3
- Views: 7407
- Thu Apr 19, 2007 1:17 pm
- Forum: Trend Indicators and Signals
- Topic: OBV
- Replies: 3
- Views: 6948
OBV may appear rudimentary but in my experience it works well as a filter. It tends to lead price. I wouldn't necessary use it as an entry/exit signal by itself but if I'm evaluatiing a long (short) trade I would like to see new highs (lows) in prices accompanied by new highs (lows) in OBV. If new h...