Recent content by Josette

I would suggest using an automated trader so that you don't have to leave during lunch. What are you going to do if a crash happens while you're at lunch? Even if you are sitting right at the computer, an individual person can't respond quick enough if they want to maximize their profits.

I know that Interactive Brokers has $1 trades if you use Cool-Trade, an automated trader. They also have special pricing through other brokers, but $1 is a steal.

I like to think of the stock market as a clothing store.. Why buy a full priced t-shirt that is guaranteed to go on sale? You're losing money because you buy when the stock is at a high, and selling for a loss when the stock is down and worth less. Start buying low and selling high...

You were using automated traders and then you SWITCHED to day trading!? Haha that there in itself makes the job a lot more tedious. What automated trader were you using? If you want to help your concentration then try going to sleep earlier, taking a shower in the morning, eating something...

Think about it as an opportunity to buy stocks at half price! Like any sale! :) When the stock market finally goes up back up then you can sell at a profit. There will always be losing days in the stock market.

I truly believe that the only way to make money in the market is by using automated traders. In today's market, individual daytraders are competing with large organizations, like Goldman Sachs, who are able to sway the market BECAUSE they use automated traders. There are too many factors...