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Our purpose is to teach and demonstrate day trading strategies that do not require deep knowledge, vast experience, expensive software, or exotic and complicated investment instruments, and which minimize the high risk that is always involved in day trading. We believe our techniques can be mastered successfully by the average frequent-trader with the minimum $25,000 account required by SEC regulations for day trading, and for whom a day trading strategy and its attending risks are appropriate.
Always on Tuesday
Up from the open, not a surprise here as that's just what we look for on any large gap. In this case, the open is low because of very poor performance in European and Asian markets yesterday, when the U.S. markets were closed, and in a kind of circular fear logic, those markets were down because of fear of what the U.S. markets would do after Friday's dismal performance here.
That means that continued down movement today is not to be taken for granted.
Independent Investor, Inc.
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