Today was a third day up on the timing system. QLD is .8% positive, no much of a gain. I would not be surprised to see more down side. Remember to use stops 2% from buy point, after 5% gain take half of max gain and pocket.
I have been looking at day trading or being able to buy and sell the same ETF the same day. This will allow me to get out of a trade that goes wrong and trade in the correct direction. Need over $25,000 in account to do this. I am not there yet. With the day trade ability I could set the entry and stop loss plus a profit limit all at once.
Happy trading
Ben
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