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2) Depending on the market environment for short term trading. I will either go long or short individual stocks or decide not to trade that day.
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I Keep it EXTREMELY Simple. I have 2 Trading Strategies that I use to LIVE off the easy money from the market. 1) I decide everyday how I will time the market with Large Amounts of Money. I'm either Long, In Cash or Short the Market depending on what I believe it will do next.