The stock market is a cruel mistress. She beckons, and we obey. It has been the lure of many a great man and clever woman, each seeking to reap a financial whirlwind, and more often than not merely reaping the whirlwind. So it is that the common investor — or the would-be investor — finds himself (or herself).
The is a new game in the stock market these days called hot stocks. This goes against the standard Wall St. Recommendation of buy low and sell high. The new hot stocks technique is to buy high and sell even higher. The way it works is that you buy stocks that are rising in price and sell them while they’re still rising. The time between the buy and the sale is short.
Scalper is a workable profile for a small retail trader. However, you should be able to view the overall trend of the market to gauge whether you are trading with or against the prevailing trend. A scalper is also a seeker of short term profits of the level of 25-50 pips.
Candlestick charting is great for traders wanting an extra edge in their quest for profits – this is due to the way the candle bodies are drawn, that gives a better insight that is visual, and shows trader psychology. More traders than ever are using candlestick charts due to the extra trading edge they can [...]
Tool #1: A ComputerThis is an obvious one. In order to trade stock online, one must have a computer. This computer should have the power to be fast and it should at least have Windows XP as an operating system. Tool #2: The Internet Another obvious one, right? What may not be so obvious that [...]
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| DJIA | 10495.46 | ||||
| NASDAQ | 2264.02 | ||||
| S&P 500 | 1106.24 | ||||
| DIA | 104.60 | ||||
| NOVL | 6.01 | ||||
| MSFT | 25.72 | ||||
| PCX | 12.08 | ||||
| PFE | 14.95 | ||||
| SA | 25.45 | ||||
| XL | 17.75 | ||||
| GLD | 115.54 | ||||
| SPY | 110.34 | ||||
| NFLX | 102.15 | ||||
| QQQQ | 45.83 | ||||
| INTC | 20.76 |
