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
limo prices to midway Crystal Lake west of Randal .. Lockport Chicago limo O’HareHow many times have you said to yourself, "I'd like... Read More
How do you invest? What do you really pay? At... Read More
When most analysts, financial planners, fund specialists and investors try... Read More
You may have wondered why your mutual funds have been... Read More
Ever done any whitewater rafting or canoeing? Long periods of... Read More
TOO OFTEN, INVESTORS SIMPLY CHOOSE TO follow the crowd. This... Read More
First let's see what protectionism is. According to Mr. Webster... Read More
There are many important things you need to know to... Read More
Every Wall Street analyst, financial planner and broker will tell... Read More
Let's discuss commodities; with the latest Enron situation, it is... Read More
Money management starts with protecting your capital, realizing profits and... Read More
If there is one term over-used when talking about making... Read More
Recently I was invited to appear on a live CNNfn... Read More
You should ignore analysts on TV, the radio, the newspaper... Read More
Look back over the years and try to remember how... Read More
Mutual funds and brokers are always preaching not to buy... Read More
I am sure that if you have a brokerage account... Read More
One of the basic laws of physics states that a... Read More
I am taking the time to help others learn the... Read More
It has been said that low cost or even free... Read More
You've decided to try your luck at trading stocks or... Read More
I constantly hear the talking heads on CNBC-TV, the radio... Read More
To become a successful trader you must have some kind... Read More
The broker told me not to sell because the mutual... Read More
Mutual funds are doing more and more to discourage investors... Read More
taxi o'hare Auburn ..I mean it when I say that. While plastic silverware... Read More
Because you don't feel too sure about which stock or... Read More
I cringe every time I hear a novice investor tell... Read More
As I have said many times before in this column... Read More
For some "long term" would mean holding a stock position... Read More
The broker told me not to sell because the mutual... Read More
Let's say you are interested in this one company. You... Read More
Ever notice how behavior in one area of life can... Read More
What are you thinking when it comes to your no... Read More
Having lived aboard a sailboat for 2 years I was... Read More
An investor can find and research the best stock on... Read More
Unfortunately, most of you who are reading my column are... Read More
If you are serious about making and keeping money by... Read More
I have watched my cat play with a bag of... Read More
With the internet such a huge part of our daily... Read More
The big bad bear is stirring again. So far he... Read More
A 'stock option' is a contract between two parties giving... Read More
There are many good penny stock investments available, which could... Read More
With the stock market stubbornly refusing to settle down and... Read More
This is the continuing story of our two imaginary traders,... Read More
Stock trading remains a very competitive field and the stock... Read More
How do you make money without picking tops and bottoms?I... Read More
Every day I hear someone on CNBC proclaim that "this... Read More
Picking a beaten-down stock requires a different kind of selection... Read More
Three little pigs went to the market to stock up... Read More
Stocks & Mutual Fund |