types of trades and timeframes

i wont post all my trades in this blog as that would take too long, but i'll try and include a variety of them.

there's lots of different ways to trade the markets.
there's range trades, trend trades, and pattern trading to name a few.
there's also different time periods to trade.

my own definitions are something like this:
daytrade - anything from 5 minutes to about a week
short term - from about one week to a month
medium term - a month to about six months
long term - anything over six months
these definitions can differ between traders, but now you know what im talking about.

the SMM setup mentioned before is obviously a short term range trade, i wouldnt expect to be holding longer than a week or three, and i can afford to wait another week or two for the right conditions to buy.

for day trading there is no such luxury.
hesitation can mean the difference between a profit or loss.

to select a daytrading stock, i find it easier Not to have a predetermined watchlist, but to just follow the news and see where the action is on any particular day.

so im off to read some news and chat sites to see where the action might be today.