I am fairly new to daytrading. i have 25k to start with and I only want to trade 100 shares at a time while im learning. I am trying to scalp. i want to keep my losses very small. 10 dollars per trade and be looking to make 25. I am having trouble formulating an effective trading plan that tells me when to buy. and also I am trying to figure out what stocks I should trade with this strategy. obviously volatile stocks wouldnt work. any help is appreciated. best regards.. - Jeff
you can of course look at the videos of my stock trading era, especially the ones about how I stalk a breakout. I kinda disagree with you: I think volatile stocks are the only ones that will work for you… then for scalping, it’s all about the timing of your entry. I will maybe write you a whole post on this, soon.
May 13th, 2008 at 7:37 pm
I am fairly new to daytrading. i have 25k to start with and I only want to trade 100 shares at a time while im learning. I am trying to scalp. i want to keep my losses very small. 10 dollars per trade and be looking to make 25. I am having trouble formulating an effective trading plan that tells me when to buy. and also I am trying to figure out what stocks I should trade with this strategy. obviously volatile stocks wouldnt work. any help is appreciated. best regards.. - Jeff
May 14th, 2008 at 3:15 pm
you can of course look at the videos of my stock trading era, especially the ones about how I stalk a breakout. I kinda disagree with you: I think volatile stocks are the only ones that will work for you… then for scalping, it’s all about the timing of your entry. I will maybe write you a whole post on this, soon.