Received 4 Karmas
Tunde1306
Tunde1306 Jan 05, 16 7:14 PM

You don't have to trade everyday and there won't always be great news either. If you must make a trade then pay attention to some of your "go to" stocks and possibly wait for support and don't expect huge profits but maybe a slight dip buy scalp. It's usually best case scenario when nothing's hot and moving.

BigStackZach
BigStackZach Jan 05, 16 8:26 PM

I see most of my watchlist on your list here. To narrow your list - focus on the those in your list that you believe are most likely to move early tomorrow morning. No news is good thing - it means that the recent breakout can remain volatile. I like $AETI $GSI $AMPE HTBX. Look at the previous few days intraday and pre-determine what you will be looking for in each at market open tomorrow.

TraderH
TraderH Jan 06, 16 4:17 PM

Specialize in something and master it. For example, if you trade small caps, understand the rules on what to buy and what to short like Tim says in his videos. You don't just buy or short anything. They have to meet certain rules and time events.

TraderH
TraderH Jan 06, 16 4:18 PM

If you day trade stocks in general, then follow the scans and rules of Superman or Investors Underground.

Join now or log in to leave a comment
BigStackZach
BigStackZach Jan 02, 16 12:56 AM

If your account is below 25,000, you can only make 3 round trip trades per week. If you enter into your fourth trade - you will be flagged as a pattern day trader and your position will be stuck for up to 90 days. This is at least my understanding. Google "Pattern Day Trader"

Arussell125
Arussell125 Jan 02, 16 1:21 AM

is that just per broker, so if 2 brokers=6 trades per week

Join now or log in to leave a comment
Page
of 1