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


To: Kris who wrote (1343)8/1/1998 2:49:00 PM
From: Rick Faurot  Read Replies (2) | Respond to of 2120
 
Kris- I am a member of Ken's room and maybe I can answer your question. Ken is teaching mostly newer traders how to do momentum trading. A lot of these traders have limited capital and cannot buy sufficient shares of MSFT DELL or even LCOS to make a reasonable trade. Also, some of these stocks tend to be a little too volatile for an inexperienced trader, especially since most of them are with level 1 brokers and therefore have slower executions.

Rick