Monday, November 24, 2008

Today's a good day for Day Trading

Rally days like these, during ongoing downtrends, are a good time to day trade. Again, if you don't have a balance of $30,000+ refrain from day trading more than 3 times in 5 business days. But if you do have a large account balance - I would recommend going long for a few hours to see if you can't make some money! But I wouldn't recommend staying in for more than a day as you just don't know what's going to happen.

I, unfortunately, am at my limit until December...crud.