Favorite Day-Trade Stocks

[popesidious]

Quote from newguy1:

good stuff. I've been tinkering around with line charts at times...just to see price better.

Some traders I know that focus mainly on price seem to scalp. Do you scalp or hold out for longer? (by scalping i would mean...hm....lets say the first leg down on a short on brcm is usually 40 cents...so maybe taking 10-15 cents on that is a scalp.

Theres a guy in my shop that focuses more on price and levels than anything else...but he still has 1 chart with all these indicators on it, and he mainly position trades.

Just curious. Thanks.

When I hold a position for more than 1 minute I start experiencing anxiety attacks:eek:

I never allow myself to lose more than 5 cents, I don't like to lose money so I cut bad trades instantly.

In scalping if you are on the right side of the trade only 50% (or maybe less) of the time, but you cut the loses very fast and ride the winners you can do OK.

 

[Arnie]

I've had fairly good luck with stocks a I can pair-off. Oil's have really been good.

CVX
XOM
CCL
RCL
GCI
KRI
BP
PHM
TOL
BZH

 

[kalzayani]

391 area is dangerous to hold Longs on this stock...although the dow for me is on an uptrend
I think will correct again from 10,750 area to 10,000 again
I will wait to long goog at
435 area

 

[agent_007]

For those interested... I found this article that list stocks that may lend themselves as good daytrading candidates.

<b>10 Stocks with Valuable Volatility</b>

http://news.morningstar.com/doc/article/0,,148211,00.htmlas