Question for DAY traders

Question for DAY traders
Looking at SPWR daily chart.

now 2 minute chart

Do you guys Day Trade every time you see a GREEN BAR on the Daily chart then switch to the eg…2 minute chart and trade per Simon III rules.

Man me and Simon can do this all day long. But can’t because of tyme restrictions.

Re: DAL
Delta had a red BAR today, but you can still make a few bux again per the rules.
Question for DAY traders
Looking at SPWR daily chart

Do you guys Day Trade every time you see a GREEN BAR on the Daily chart then switch to the eg…2 minute chart and trade per Simon III rules.

Man me and Simon can do this all day long.

Re: DAL
Delta had a red BAR today, but you can still make a few bux again per the rules.

Now MRK is ugggggggggly today. Oh where is the Out of Gate to buy.


Now MRK is ugggggggggly today. Oh where is the Out of Gate to buy.


Simon is making gold mines. Don’t MRK look awesome.

Quill

3 Likes

Hi Quill,

Based on the rules, on the daily chart, we would have bought SPWR in late march (cant see the dates on the chart) after the low at 12.03 and sold it in early April at 14.02.

And for the day trade today - there were 2 buys, 2 sells…with a final buy at 13.44 and riding all the way up.

Charlie

2 Likes

Hi Quill,
this is the chart for SPWR set up for SS4, 1 day and 5 minutes. I like the TSR for confirming buys and sells especially for day trading. i can read this one quickly. I see two buys in there and profit close to $1 less commission. TSI is the added tool for me…doc

2 Likes