InvestorsHub Logo
Followers 86
Posts 7947
Boards Moderated 4
Alias Born 01/24/2007

Re: Quindien post# 3514

Friday, 02/08/2019 3:13:00 PM

Friday, February 08, 2019 3:13:00 PM

Post# of 4204
Well I thought I was pretty specific, but you don't need to do exactly what anyone else does.

Others screen for a bunch of technicals, or chart patterns, & even certain fundamentals.

But for me, these aren't investments, these are intended to be money-making trades.

Experiment with scans (I highly recommend you keep it pretty simple as I described), look at a chart, decide what you like, and then watch how it goes, and learn a bit as you go.

If you're trading sub-penny garbage, you can buy into stuff for little $$, then divide that position into pieces and if it moves your way the next day, sell 1/10th, or 1/4th or whatever so that you pocket some money. That way when it turns (and they ALL DO), you've made some on the way up, you've lessened your risk a bit, and you can think clearly and see what's really happening.

Or you can develop a different process. That's what I was trying to discover from Dewm: What's his process?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.