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Strategies & Market Trends : DAYTRADING Fundamentals -- Ignore unavailable to you. Want to Upgrade?


To: KM who wrote (4224)9/19/1999 2:02:00 PM
From: Threei  Read Replies (1) | Respond to of 18137
 
Well, doesn't sound like a stock I would touch, considering spread, "jumpiness" etc :)
I realize that it's more a matter of personal preferences...
I prefer stock with spread not more than 1/8, rarely 1/4,
not jumping like crazy antelope.
Looks to me, we have to define scalp. Some posters obviously mean by scalp buying stock on pure Level 2/T&S strength and immediate offering out 1-2 level higher. Others define scalp as buying into momentum and selling on the first weakness or into continuing strength WITHOUT letting stock to make even single downtick, whatever move stock made, 1/16 or 2 points. When I play like that I call it scalp and often hear something like: "What, you are just scalper?" :)

Vadym