Joe, here I am a complete idiot about day trades...
I try to go long where possible. So, why am I here? 'Cause I wanna learn how the other side plays. Not shorting. But, trading.
A couple of, I apologize in advance, very basic questions which will reveal my ignorance...
* Do you trade on the basis of events--like rumored upgrades, new deals in a pipeline, actual upgrades, Dow Jones and Reuters news wire stories, etc?
* Or do you go by TA... which is a whole other subject that I know next to nothing about though I am doing some reading in the area... ? Or a combination of both...?
* I'm sure you go into a position with stop-losses, right? Done that. Been saved lots o' problems. But, at what percentage below your entry-point do you put them...?
* I've never invested in a BB stock. Oh, one of my worst dogs BECAME a BB stock 'cause of its problems. (WZTC: arghhh!) Let's say I place an order for 10,000 FAMH on Monday-- not recommending that, just a hypothetical--can I expect the same kind of timely execution I get from my normal NASDAQ plays? And, if there is a typical scenario, will this trade as 10,000 block or will the MM break it up into more manageable units?
* Like I said, Investing101 kind've of stuff. But, hey, you invited me after our little NETZ discussions.
Thanks and Best Regards,
c m
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