Silicon Investor (SI) -- The First Internet Community

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 : Momentum Daytrading - Tricks of the Trade -- Ignore unavailable to you. Want to Upgrade?

To: TFF who wrote (674)	3/13/1998 5:15:00 PM
From: Ken Wolff	Read Replies (2) \| Respond to of 2120

Irby, I use news keyword scans and watch the news ticker tape from several sources such as yahoo and other Internet services. I look for stories that with my experience will move a stock such as FDA approvals, patents, record earnings etc, . Then I like to look at the chart with the average daily volume. If a stock trades with normal small volume I will ignore it unless the story is a biggy. Always keep track of NEWS stocks and see how they NORMALLY trade during the day. It takes time and patience. And to answer the short question......I usually time my trades very well and will short a stock on the pause as it upticks and not wait for selling as they generally fall fairly fast depending on the trade. it takes experience because you generally must loosen your stops a bit on top calls versus bottoms. As they say in music , timing is everything..... Good Luck Ken www.mtrader.com