Day Trading Article Written June 17, 2000

All trades in this article should be considered hypothetical
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Dangerous Times To Day Trade

Hi Day Traders,

It has been my experience that from the roll over
to the September contract the second Thursday in
June until July 4th, it tends to be very thin
trading. A lot of traders are vacationing and it
can make for very difficult trading. Floor traders
often seem to be waiting for outside paper (orders)
to come in and then they take it the other way;
especially small orders. I find it best just to
take some time off too. 

Other difficult times are the week before and after
Christmas and any afternoon before a holiday. 

One of the best tips I can give you is to follow my
rule never to trade the afternoon before a holiday.


Yours for success,

Ellery Coleman

The trades referred to in this article are trades that were sent to our Choice Day Trades subscribers as they happened. We have no way to verify whether or not all or any of these trades were taken in real time since we did not take them in our account. Therefore they should all be considered hypothetical.

For questions or comments, call 478-922-9155, or
click here to email me.

 


 

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