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
move in cleaning service Glencoe ..I have watched my cat play with a bag of... Read More
Let's first define insanity. It is doing the same thing... Read More
Well maybe that's overstating it a little, but it's certainly... Read More
The demand for world oil is increasing while world reserves... Read More
In November of 2000 when the NASDAQ was trading at... Read More
If there is one term over-used when talking about making... Read More
Mutual funds were moderately successful in creating a presence in... Read More
When will the stock market stop going down and start... Read More
When it comes to 401k's there is an overabundance of... Read More
To begin, you might look at playing the stock market... Read More
The ABC's of Stock Trading SuccessStock trading success...why is it... Read More
Have you ever thought of investing? Do you have a... Read More
When you invest in the stock market for ever-increasing cash... Read More
It looks like we have now entered a new bull... Read More
The debate rages all over Eastern and Central Europe, in... Read More
Unfortunately, most of you who are reading my column are... Read More
What account size do I need?How much money can I... Read More
Just about now everyone is confused as to which way... Read More
If you have been dealing with mutual funds for any... Read More
Most advisors will tell you they can beat the market.... Read More
Humpty Dumpty had a great fall and all the King's... Read More
There is a current movie entitled "Eternal Sunshine of the... Read More
Who are the successful investors?There are those who follow the... Read More
In 1960 an engineer working for a watch company in... Read More
Every day I see in the financial section of newspapers... Read More
disinfecting cleaning services Winnetka ..You probably know the story of Sherlock Holmes and the... Read More
What does it mean to short a stock?This means that... Read More
Having lived aboard a sailboat for 2 years I was... Read More
Last time we looked at the real performance of the... Read More
There is no question that the stock market is being... Read More
With all the bad news that has been dumped upon... Read More
If you have been dealing with mutual funds for any... Read More
Outlined below are some of the advantages and disadvantages of... Read More
The stock market has been in an up trend for... Read More
The demand for world oil is increasing while world reserves... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
One of the great truisms of Wall Street is "Don't... Read More
If it walks like a duck, quacks like a duck... Read More
The stock market is very unstable at this time going... Read More
Time to look back2004 is over, now we are in... Read More
For weeks, no, months we have been bombarded with nothing... Read More
Exchange Traded Funds (ETFs) are a group of passive index... Read More
People are constantly asking me why is the stock market... Read More
I'll bet with almost anyone that has stocks or mutual... Read More
Alfred Winslow Jones started hedge funds in 1949. He was... Read More
The gleam and bright lights of Wall Street lure in... Read More
When it comes to buying a stock or mutual fund... Read More
With the internet such a huge part of our daily... Read More
Every Wall Street analyst, financial planner and broker will tell... Read More
Reach in your pocket and take out that big roll... Read More
Stocks & Mutual Fund |