I have been at a plateu in my trading as of late. I have been consistent in being profitable, but I cannot seem to make the next step to making more money. Currently, I hawk a few stocks and scalp em pretty well, sometimes catching some of the bigger moves and making pretty good money. However, I want to start trading other stocks and carrying multiple positions. Are there any suggestions out there for some things that I should look at? I tend to like stocks that trade on a 5-10 cent spread, and trades anywhere from 150k to a million shares a day. I usually like stocks that have about a point to a point and half range....any ideas or suggestions would greatly be appreciated.
Therein lies the problem. You are not putting yourself where you could make a lot more money. Whenever I used to trade stocks intraday, I wouldn't touch any stocks under 1 mill in volume.