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[quote=Anonymous]Same here, but I make this money on much smaller amount in my taxable account. I made it on election day as I slept.
In my smaller  tax free account, I sell my stock to 'lock in' the gains and sit in cash. I will go looking for something else that is cheap or wait for a down day. 
If my stock goes from $15 to $22 and then back to $15, I'm just trying to catch the difference. The bigger the difference I catch, the bigger my return. 
I have $45k in one account. This would give me 3000 shares at $15, right. Every dollar this stock goes up, I make $3000.
Well, next week I have $48k to make the same $3000. Gets much easier. Ofcourse I won't get it right every week, but I have two such accounts, which give me another chance if I go upside down in one. Thing usually turn around very fast. I really try to wait for the bottom prices for the 5 stocks I use. I know them well.
I need the down days more than I need the up days. NFA.
I would not do it with the big account as it is a taxable account.

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