The Final Frontier - Online Remote Trading 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 : The Final Frontier - Online Remote Trading

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: TFF who wrote (4190)	5/19/1998 8:31:00 PM
From: TFF	Read Replies (3) of 12617

#DAYTRADERS Chatroom Tips - Do Your Own Homework: Anyone who has spent time in #Daytraders will tell you the fastest way to go broke is to act on every trade that is hot in the room. Every traders has his/her own agenda. Due your own due diligence before leaping into a trade. Here are some things to help you determine if a trade has good potential. News - Do you understand what the company does? - Is the news significant enough to move the stock and attract sustained interest so that you can exit with your targeted profit? - Is the news recent or is it several hours/days old? - Is it a repeat of a previous news release? - Is the news being picked up by major news wires? ( Briefing.com,Reuters,Dow Jones,CNBC ) Volume - Is it real volume or just one or two large block trades? - Is the volume increasing quickly? Price Action - Are the market makers simply moving the stock up briefly so that they can distribute stock to you at a pumped price? - Who is in control? retail or market makers? - Are traders buying on the ask? - What does the chart look like? is the daily trend down? Other - Are you late to the party? have traders in the room already loaded up before you? are they looking to unload for 1/4 or 1/2 to you? - Is the overall market an active market for traders? or are there very few plays making big runs? - What is the float? is it small enough that a significant run won't be diluted? - What is the insider ownership? are there any outstanding warrrants or options? - Who are the major market makers? There are many more factors to consider and you should be able to determine the majority of them as a matter habit - you better! because you know the OTHER traders will!

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next