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Strategies & Market Trends : A Simple List of General Do's & Dont's of Trading:
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To: Arthur Tang who wrote (686)2/10/2000 8:02:00 AM
From: Arthur Tang  Read Replies (1) of 769
 
If you like daytrading,

do a few limit buy orders at bid or ticks down. When they are filled, do a few limit sell orders at ask or ticks up.

Don't do market orders, and don't do this strategy when stock is extremely popular.

Note: some people use moving average to determine how neglected the stock will be. If moving avarage is higher by 15-25%, most longs will be on the side line.
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