lowtrade

[lowman]

That's about the gist of it put in a nutshell.

In order to day trade pennyland, you need at least 100 mil average daily volume (not just 1 days volume) for a triple zero stock, 10 mil for a double and 1 mil for a single. I noticed stocks with this do have nice daily price swings which can produce trades for 10 to 50% worth trading during the day. You need an audience to be able to get both in & OUT in the same day. And normally your days trading will be done before lunch.

There are exceptions, but most action is between open and lunch with a smaller half the morning swing in the afternoon. Catch a stock that falls at open, expect a reversal some time between 10 & 11 am, buy it and sell before lunch.