You need to get into the technicals and vectors if you want to trade this way. Vector investing is following the momentum of the stock based on pre-established trend lines.
For this, you will need to learn some somewhat basic math, i.e. statistics, and be able to understand the theory of the critical region on z hypothesis tests. Once you're able to grasp this, you can substitute the alpha level for the lines you've drawn under these trends, and then sell when they cross the threshold. Usually, you will see a trend forming when it crosses the threshold a trend that says that the shares are going down. So sell them short, until it crosses the threshold. When it does, buy them again.
I know it sounds complicated now, but if you really want to get into this, it will be just about as fun as a video game, if you're inclined this way. People who compare the stock market to Vegas are like foxes to grapes. (see Aesop's fables)
2007-10-18 18:06:21
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answer #1
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answered by raffy_09 4
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This is gambling, pure and simple. Maybe, and I mean maybe, if you trade stocks for years, you might get good enough to make money consistently with short term trading. Otherwise you are playing against the house. You might as well go play some blackjack in Vegas.
2007-10-18 17:51:36
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answer #2
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answered by Uncle Pennybags 7
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You need to pick a company study its charts like crazy and then .... Gamble. Take a look a KOG notice the 3-5% run up and the end of everyday. Ready Set Gamble.
2007-10-18 18:05:41
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answer #3
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answered by Marshal Jed Cooper 4
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the best trading software http://tradingsolution.info
i have attended a lot of seminars, read counless books on forex trading and it all cost me thousands of dollars. the worst thing was i blew up my first account. after that i opened another account and the same thing happened again. i started to wonder why i couldn,t make any money in forex trading. at first i thought i knew everything about trading. finally i found that the main problem i have was i did not have the right mental in trading. as we know that psychology has great impact on our trading result. apart from psychology issue, there is another problem that we have to address. they are money management, market analysis, and entry/exit rules. to me money management is important in trading. i opened another account and start to trade profitably after i learnt from my past mistake. i don't trade emotionally anymore.
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake.
2014-12-18 14:43:03
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answer #4
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answered by PURPURA 3
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read the market thoroughly for a week or two and then invest your money on companies which showed constant improvements. but always remember there's always a risk involved in short-term investments. go for long-term.
2007-10-18 17:58:58
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answer #5
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answered by amol.bhushan 2
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You need to learn how to read charts and learn about how the market works. Many people including myself make plenty of money trading this way.
2007-10-18 17:56:36
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answer #6
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answered by Anonymous
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