Problem with this is noise will eat up your profits. You need to be become really good at getting in before the big move and also recognizing when wrong early so you don't lose all the profits to failed breakouts.
This is exactly the knowledge i need to learn but the lack of info in the books, blogs that i red is huge. Please recommend me some blogs, books about thos "high possibilities" news and events that will drive the stock/sector moving. Also you mentioned focusing on sector for short and long sales, but i find it very hard for example i am watching finviz group analyser about sector, but i dont think i get it. How do you think i could differ sector that i want to trade on the short or long position? Thank you about the usefull advices.
Yes, I keep it simple and track the price action - and boom 3 days ago the market crashed. Yesterday entered short on a stocks In a downtrend, that seemed to be after pullback - I wanted to catch the momentum of the market down. - and bamm - stocks went up again after the gap. Honestly i am amazed how all of my stock are moving with the general market today. No mather what setups and so on - if the indexes are up all of my short stocks are up and so on. I know trading is hard and no guarantees, but with my knoweldge now i am sure i cant be profitable.
Tell me about it... It is awful to read in every book and blog the same and same info -trendlines, moving average, double top and so on. Okey, but they are not enough to be in good profit. Thanks for the advice
Okey, found it - download it. I am surprised to see he talks about super computers during 1995 - and how this is relevant 25 years later- but i will trust you and write back when i read it. Thanks