To go into brief detail, the guy tracks MSFT every day, tick x tick, while monitoring news, accumulation\distribution, momentum, etc. & he sets 2 moving averages using Realtick 111 with realtime data. He also tracks the dow, nasdaq, tick, and futures and takes all these into account before he buys. He has tick data going back several years and can tell you the best days, the best time of day, etc. to play MSFT. He plays msft with position, swing, & daytrades, sometimes buying & selling it several times the same day. When his indicators signals a buy, he hits the buy button getting instant confirmations. He uses money management extremely well and if msft down ticks about 4 times he will sell the daytrade postion and try again later. He visits a daytrading chatroom, with 1500 daytraders posting buys & sells. When he post "BUY" msft, many buy planning to hold from a few minutes to a few hours taking whatever profit the market allows. Most people buy 1000 shares. As for the exact amount of money he makes, only he knows. I've been in the chatroom for a couple of years and am confident he atleast averages 1 point per day just playing MSFT. That would be a very conservative estimate and with about 250 trading days a year, 1 point a day would certainly be worthwhile.
Have a nice day |
