Online Trading Live Day Trading Tips for Jan 9 Part 2

[cularkousbintus]

I enjoy this video =) it makes me really horny!! 7

[wdtexan]

what trading platform do you use.

[pimplife2069]

i dont get it how can you make money when the market is going down what is that called

[radjune1970]

He was shorting , look at the - ( minus ) beside the trade

[ericpayne1]

Shorting = Sell high then buy back low; keep the difference for profit.

[sgomez858]

Shorting. You sell first (borrow shares you dont have from the broker) and buy them back at a lower price. The broker gets the shares back and you pocket the difference. Think of it this way: you borrow 100 Wii game systems and sell them on Ebay. 1 month later, new Wii systems are selling for 50 dollars less, you go and buy them back at a lower price and give back the 100 Wii systems that you owe pocketing the difference in price.

[pimplife2069]

thanx for the help...love the videos keep'em coming

[stockweazel]

Wow! You did have a monster day...whoooooooo!

Great videos guys I am learning a BUNCH!

[radjune1970]

Andy, What is the setting for your moving average indicator ? is it SMA (5) 10 , 20 ?

Also I see Steve using another indictor that you don't use ? what is it ? and what is it for ? and what's its setting?

Thanks

[andyatm2000]

I use 10, 20, and 50 SMA. I think Steve has a stochastic indicator and he'll have to answer the setting question. I've always used a stochastic and a DMI but I'm not too pleased with the Lightspeed's indicators so I haven't incorporated them into my charts