Stock trading can be a very profitable activity. You can make big amounts of cash in a short period of time. The problem is, that if you don't know what stocks to look for and how to approach them and leave everyting to chance, you could end up wasting money a lot of cash instead of making your profits grow.
That's why the most important aspect of stock trading is the knowledge FILTER you employ to make your buy and sell decisions. There are many "fantastic" stock systems and trading strategies outhere, but you need to test them in order to discover which ones help you the most. That's part of your homework as a stock trader. Test, test and test again.
Complicated online trading strategies that rely on a "boat load" of technical analysis indicators can make you slow, and being slow when trading hot momentum stocks can be as dangerous as not knowing what to do in the first place.
The worst thing that can happen to a beginner momentum trader is to get information overload. It's better to go step by step, and test a simple stock trading strategy that can show you how to focus on concrete ways to make money and pick better hot stock trading opportunities once at a time.
Fortunatly there are great sites on the web today that can show you how to trade in a sharp and effective way. One of those sites is Smart Day Trading http://www.SmartDayTrading.com .They focus on stocks with positive momentum and provide a practical methodology that is easy to employ.
In the end, stock trading is all about buying and selling stocks according to your knowledge FILTER. Once you master and follow your proven filter parameters like a clock, you can expect to start making serious amounts of cash on a consistent basis.
Find out how to do it with ease and simplicity at Smart Day Trading.
http://www.smartdaytrading.com
James Levington helps day traders around the world take advantage of momentum stocks every morning at http://www.smartdaytrading.com
Oswego taxi to Midway ..I would like to share with the reader an article... Read More
The higher the market goes the more confusing are the... Read More
This is a rather simple strategy with which I am... Read More
Suppose your position has made a big move and you... Read More
The Law of Chaos is the theory of random unpredictable... Read More
As an investor you will want to check out any... Read More
"There is nothing more frightful than ignorance in action!" Johann... Read More
The greatest stock market myth is the idea that investing... Read More
I often hear from people, "I don't trade. I invest.... Read More
There are red lights, green lights, blue lights and spot... Read More
If you are fed up with early redemption charges and... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
In today's volatile and confusing stock markets everyone is searching... Read More
All of the talking heads have been telling us that... Read More
There can't be many traders who haven't at least considered... Read More
Stock trading remains a very competitive field and the stock... Read More
Reach in your pocket and take out that big roll... Read More
If you have not back tested your trading system, you... Read More
There is nothing more exciting than finding an undervalued stock... Read More
Trading is a fascinating activity.There are so many layers to... Read More
Money management starts with protecting your capital, realizing profits and... Read More
You've decided to try your luck at trading stocks or... Read More
Most advisors will tell you they can beat the market.... Read More
Index Fund Trading can be one of the most profitable...or... Read More
The fight continues to rage among traders who use technical... Read More
shuttle from Midway Morris ..Now where have I heard that before? I know. It... Read More
People are constantly asking me why is the stock market... Read More
In my opinion, due to the volatility of stock market... Read More
Every publicly traded company is required by the SEC(Securities and... Read More
Let's hope you did not have any of the Enron... Read More
How can you dispel an illusion unless you look directly... Read More
I would like to share with the reader an article... Read More
One of the greatest challenges of investing in stocks is... Read More
The Shadow knows. Remember him? It seems a shadow has... Read More
A common problem I often see when working with living... Read More
Let's assume that you want to make some serious money... Read More
Before they go over the cliff to their destruction these... Read More
It looks like we have now entered a new bull... Read More
When you invest in the stock market for ever-increasing cash... Read More
Who are the successful investors?There are those who follow the... Read More
There are so many kinds of work that needs to... Read More
Before we get into all the good news out there,... Read More
Right now there doesn't seem to be any "gold fever".... Read More
Disclaimer: Please note that I do not necessarily purchase, own,... Read More
Picking a beaten-down stock requires a different kind of selection... Read More
Stock trading remains a very competitive field and the stock... Read More
It is finally catching up with them. The brokerage companies... Read More
Before you buy another car you walk around the lot,... Read More
To become a successful trader you must have some kind... Read More
What account size do I need?How much money can I... Read More
Stocks & Mutual Fund |