Would this stock daytrading method work?
I was gonna get a real time quote service on the OTC and pink sheet stocks.
I was gonna check the highest % gainers from start of market. Read up on news on why they may be up and then buy shares and sell them a few hours later. I can get all this info live so their won’t be much delay from the time I read to buying shares.
Would this work? I wanted to make only about $50 a week.
Come on guys. anyone actually try it instead of just giving me joke answers?
Not all of them go up on pump and dump. I said I was talking about the ones with news that came out on them.
If you want to day trade, news is of no importance because it comes too late anyway. The only thing that counts is the price movement itself, which is influenced by the people that have seen the news *before* you.
So… look for volatile stocks and play those with a trendfollowing or breakout system. Stay in the trade as long as it keeps going in your direction. Use up and down trends.
You need some starting capital, as you want to risk only a small percentage of your capital on a trade. But more important, trades that are too small will have their profits being eaten by brokers fees. The name of the game is “staying alive”, long enough to catch the big one which comes once a week or so.
Last bit of advice: paper trade your system first and do it honestly for a few months.
my credit report aquariums tennis shorts Blood Pressure Reduction Gun Cabinet Interest Free Credit Cards Online Surveys For Cash Bass Guitar Instruments Reduce Blood Pressure macon pets
http://www.rockwelltrading.com In this video we will show traders how to day trade using one of our favorite day trading tools, Bollinger Bands.Created by John Bolliger in the 1980’s, Bollinger Bands help traders recognize market volatility, and when used correctly, one of the few indicators that can be used to identify trending AND trend fading opportunities in the market.
Karl Denninger provides MissTrade TV with his outlook on 2010. See more at MissTrade.net
We had a tremendous morning on the DAX today, did you see these opportunities too? If not, contact us for more information on how you can be trading like this as well!
How to run stops with the pros when day trading Forex, futures and stocks.
http://ForexRobot.SecretBest.com You MUST check this out and see it for yourself! If you are looking for the best automated stock picking system on the planet then you must check this out. This secret system is awesome!
http://www.rockwelltrading.com – Here’s a simple day trading strategy for the forex and futures markets. For more info visit http://www.rockwelltrading.com
Http://www.apextrading.webs.com Great video showing how to read momentum Day Trading
How to day trade Forex, futures and stocks with invisible indicators
Goal setting and planning for the new year