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Strategies & Market Trends : Position Trading Forum -- Ignore unavailable to you. Want to Upgrade?

To: Nazbuster who wrote (3731)10/19/1998 8:31:00 PM
From: Tim Luke  Respond to of 7247
 
i stick with a certain group of stocks for day trading....i buy an average of 1000 shares and the prices are from 10 to 100$....i average 1/2 per trade but alot of the time i will catch a point+.....i average 3 to 20 trades a day and will re-trade the same stock several time a day......i rarely buy anything within the first 10 minutes unless i know for sure the stock is taking off.

i also find that when you trade the same stocks over and over again you get a real good feel of how they move throughout the day.....when i a stock runs it's course i will look to replace it.

here a few of my day traders:
dell
xcit
asnd
osi
ericy



To: Nazbuster who wrote (3731)10/20/1998 9:10:00 AM
From: drdan  Respond to of 7247
 
Daniel, you are better going for the 1/8 or 1/4 point moves on a stock, because they are more likely to happen quicker, so you can certainly day trade more easily. You can also use less volatile stocks that way.


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