2007-02-12 16:10:40 · 7 answers · asked by Anonymous in Business & Finance ➔ Investing
Exploit the bid ask spread. You want low volatile NYSE stocks.
2007-02-12 16:36:31 · answer #1 · answered by Arnold 4 · 0⤊ 1⤋
penny stocks might be a little too volatile but i use for day trading. i earned $3100 friday and $2200 on monday. some i use: rhwc, gzfx, gmsc, usxp. (I'm using a total of around $10,000 for all penny stocks in my portfolio)
if you find the resistance level and the support level of each of the stocks, it is easy to know when to buy in and out to reap huge profits. for example, rhwc usually doesn't go below 0.13 and doesn't go above 0.2 so i buy in near 0.13 and sell off near 0.2. i only use about 1/5 of my portfolio on these "just for fun" so be careful with these as they can doom you if you get too greedy.
hope this helps, feel free to contact me. berelane@yahoo.com
2007-02-13 01:04:41 · answer #2 · answered by berelane 2 · 0⤊ 1⤋
Buying stocks one day and selling the next ain't day trading.
2007-02-13 02:33:13 · answer #3 · answered by stward101 2 · 1⤊ 1⤋
I can tell..
wht do i get ;-)
First lesson..
Trade for the Trade... NOT for the P&L..
trade has to be good and backed with a good reason... MONEY would automatically come.. IT has to come..
you can mail me at kgirishraman@yahoo.com if you would like to learn how to day trade US stock markets(NYSE)..
http://us.geocities.com/kgirishraman/index.html
Girish
2007-02-16 05:44:58 · answer #4 · answered by kgirishraman 3 · 0⤊ 0⤋
Save your money and go to your nearest casino and gamble. You will have more fun losing your money there than in the market.
2007-02-13 13:38:35 · answer #5 · answered by Contrarian 3 · 0⤊ 1⤋
A fool and his money are soon parted.....
enough said.
2007-02-13 01:45:13 · answer #6 · answered by bob shark 7 · 1⤊ 1⤋
You might try
http://www.ridestock.com/
2007-02-13 01:37:18 · answer #7 · answered by Anonymous · 0⤊ 1⤋