Finding Stocks To Trade Shouldn’t Be That Hard
Every morning the trader sits down at his computer to begin the day, and the dilemma faced is always the same – finding a stock or two or three to make a buck on for that day. This really shouldn’t be that hard, but for some traders it is. Let’s see if we can break it down and maybe make it a little easier.
The Final Hour Of TradingFinal-hour trading is effective during typical market sessions that are dominated by economic reports and the collective action of institutions and individual investors.
How To Sell A Stock You Don’t OwnDo not limit yourself to making money in only ONE direction.
Diversify, Diversify, DiversifyAt some point, if you trade long enough, you will undergo owning a stock that drops like a rock for one reason or another. Most people who have traded for any length of time have been there, and it’s no fun at all. Avoiding putting all of your eggs in one basket is the first step in limiting risk when it comes to both investing and trading.
Think, Buy, Sell… Repeat As NeededPeople tend to have a desire to buy at the bottom and sell at the top. Not just near the top, but the “exact” top. It’s simply human nature to want to be the best at something, and trading is no different. Most people that take up daytrading want to be the best they can be. However, aiming for exact tops and bottoms…
