Discussion in 'Trading' started by payup, Mar 9, 2009.
Which are your favorite to trade?
Try SRS / SKF / FAZ .
Unless you are swing trading, you should stay away from any stock. Overnight risk is too great.
anyone else want to chime in, im interested in hearing from everyone
You need to have:
A. A good strategy.
B. VERY VERY VERY DISCIPLINE.
C. Stop Losses.
POT MOS & ICE Good violatility for daytrades.
Agricultural stocks, people got to eat.
SKF can kill your account, IMHO to risky
May want to add GS / RIMM / also
STRA a little low in volume for daytrading. I usually set a minimum of 500,000.
How long have you been trading STRA? Educational stocks Hmmm. Interesting.
I used to trade 4 stocks day-in day-out:
GS, AAPL, RIMM, SPY
Now RIMM is dead. GS and AAPL are not moving fast enough.
For the past 3 months I have beeing trading only 1 stock (EFT):
No you don't need a stop. With its volatility, your stop order would probably get blown as soon as you set them. It can wiggle up and down $1.00 every 20 seconds. You need a lot of screen time and undivided attention.
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