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re: Todays day trade

Posted on 9/18/13 at 12:28 pm to
Posted by fishfighter
RIP
Member since Apr 2008
40026 posts
Posted on 9/18/13 at 12:28 pm to
quote:

I'm sure there are $10 stocks that move 20-30 cents a day. Where do you look?


Start by looking at big name companies. Read up on just a couple of them. You need to get to know what is going on with said company way before buying any stock in one. Also know that an avg share trade is around 5 million shares a day. No less.

Stay out of tech for day trading. I lost way to much money and learn the hard way.

I only trade about 10 different companies. I might go a couple weeks without making a trade. Hell, I'm retired. Now when I make a trade, I don't leave the computer from 6am till 8pm that night unless I'm in and then out for the day. I had went in/out on the same stock 5-6 times in one day many times. When trading, it is more then a full time job.
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