Please help me to select a stock for daytrading

May 8th, 2012, 03:10 PM

Can you be more detailed?

I pick stocks that have good headlines and try to trade them when positive news comes out. I try to research as many stock as I can but its tough to do being a one man show. I also see alot of good stocks going down or not performing as they should based on the positive headlines. So when is the right time to jump on them? I also dont want to sit on a stock thats gonna go up today and down tomorrow and back up the next day.....etc. Im not seeing any profit there. Many times I have held onto a stock thinking that it would go back up because the drop was due to profit takers and then it doesn't. I've been making more money throwing down $30K at a time and selling at a 10-20 cent profit and calling it a day.

May 8th, 2012, 04:18 PM

All roads lead to Rome, to each his way. You shall find what works best for you and stick to it.
I don't think I can teach you how to trade on a forum thread, the same way I guess you cannot turn me into an architect by throwing in some theories in this reply box.

Contact me privately if you are interested, and we shall discuss seriously.

I don't personally play news on stocks, nor run fundamental analysis on my equities; I am more of a technical trader: price, pattern and time are the secret words...

May 9th, 2012, 01:42 AM

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May 9th, 2012, 01:42 AM

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Please help me to select a stock for daytrading

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Please help me to select a stock for daytrading