Day Trade Stocks
- Thread starter stockgirl
- Start date
Quote from reg:
Enjoy the ride.
To the welfare office?
Try INTC, CSCO and DELL.
100 shares only till you gain experience. They don't move much intra day but they do move slow enough for you to learn how to trade in and out.
Try to learn how they move off of support and resistance. How do they react to specific new versus general market news.
GM and HPQ are two more. Both Dow stocks.
All of these have a lot of "thickness" at each price level. I also find they tend to bounce off of "whole" numbers ie 18, 19, 20 etc
Hang in there. Stay focused and ignore the "noise" that comes from Elite Trader posters, LOL.
Good luck
SteveD
100 shares only till you gain experience. They don't move much intra day but they do move slow enough for you to learn how to trade in and out.
Try to learn how they move off of support and resistance. How do they react to specific new versus general market news.
GM and HPQ are two more. Both Dow stocks.
All of these have a lot of "thickness" at each price level. I also find they tend to bounce off of "whole" numbers ie 18, 19, 20 etc
Hang in there. Stay focused and ignore the "noise" that comes from Elite Trader posters, LOL.
Good luck
SteveD
You are going to have to answer your own question with respect to the stocks. Trading requires a lot of research and time. There are a a lot of websites out there were you can plug in your criteria, and then you will need to review the charts for good candidates. There is no subsitute for hard work. But to answer the latter portion of your question, I personally like the NYSE.
don't trade aapl. (you can tell I've obviously been burned)
i second the anti-nasdaq recommendation. but what do i know. day trading and me don't mix well - i do it all wrong, enter wrong, exit wrong, over leverage, double up when it moves opposite my desired direction, get stopped out too quickly when i do enter stops, and lose the house when i don't enter stops. the other 5% of the time I do well.
Net experience: stress and loss.
this is my experience - i'm the one getting scalped, not the other way around.
i second the anti-nasdaq recommendation. but what do i know. day trading and me don't mix well - i do it all wrong, enter wrong, exit wrong, over leverage, double up when it moves opposite my desired direction, get stopped out too quickly when i do enter stops, and lose the house when i don't enter stops. the other 5% of the time I do well.
Net experience: stress and loss.
this is my experience - i'm the one getting scalped, not the other way around.