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re: Day/swing trading

Posted on 10/8/16 at 8:34 am to
Posted by JamalSanders
On a boat
Member since Jul 2015
12135 posts
Posted on 10/8/16 at 8:34 am to
quote:

What is your entry point for ROX?


ROX has very narrow margins. I buy in between 0.82 and 0.83 and sell 2 cents higher or lower every time. The trends that I have been seeing with it is that it fluctuates a lot between 0.80 and 0.88. It will occasionally drop or rise severely outside of that 8 cent range but it spends most of its time there.

I do all of my 'day' trading on Robinhood. So I can't do but 4 day trades in a week so I'm not exactly making millions flipping 100 ROX stocks a week.
Posted by bayoubengals88
LA
Member since Sep 2007
19248 posts
Posted on 10/8/16 at 9:26 am to
quote:

I do all of my 'day' trading on Robinhood. So I can't do but 4 day trades in a week so I'm not exactly making millions flipping 100 ROX stocks a week.


I think it's only three in a five day span. I did four and got flagged....Now I can't make a day trade for 3 months.
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