Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jenna who wrote (61716)	9/16/1999 5:42:00 PM
From: Jenna	Read Replies (1) of 120523

Daytrading is very risky, but Swing Trading, adding 30% fundamentally strong stocks to watch list as well as adding the Earnings Plays does give you an edge. You 'won't make $300,000 in one year with a $50,000 account' day trading or any trading, that's absurd. I don't know how much 'work' a daytrader puts in when market is closed. I go to bed beween 4-5:10 most nights (which you can see for yourself) . So in the morning it might look easy, but I know those 11 or 22 stocks (two watch lists)like the back of my hand by then and every movement is 'noted'.. Then add about 10-15 or so newsletter stocks that I track so I'm only following about 20-35 stocks that are highly volatile and hopefully in a good technical position for a move up, and also about 30-40% from the watch list that are fundamentally sound. So I would hate any 'potential daytraders/swing traders' to think this is easy. Its an 10-14 hours a day job that is very satisfying and lucrative NOW, but it was a long trek up fraught with some high losses along the way. A watch list like last nights could take 3 hours (with analysis and charts) because there are so little choices. That is why I don't want you to discard them if they don't go up the first day (i.e. POWI, and most likely 2 others from that list will be 'ripe' tomorrow or next Monday).. On average a watch list takes 1 1/2 - 2 hours.. (without charts). That is also why I'm working on a way to get all the watch list 'with common alerts' for up to 4 days.. The main prerequisite for attaining that goal would be more staff (which I'm considering) to track the stocks and a more 'structured' environment, although I'm staying on SI personally. What I like to refer to as: A technologically-advantaged home for Market Gems stock picks. That could be an option for a future more premium service... and other cool stuff also.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next