I would suggest in trading in smaller position for a start. It sound like you risking more than you would like to lose. Set a stop lost limit for yourself till you have a comfort zone. I mean a short one to 100 buck on a 1k buy. There is too many fish in the sea. Sitting there watching yourself lose your money will erode yourself confidence big time.
Not sure what platform you trade with or if you’re using stock charts to chose you buy. I assure you news does not mean a stock is going to move all the time. Most of the time it is always in the chart where it trading up to or down.
Make a smaller buy. Never buy before the first 1/2 hour of trading or even 45 min unless you sure of the move.
It’s kind of like learn the playing field before you lose all your cash. The best ways of doing this is picking a select amount of stock and watch them trade along with your indicators you have set up on the charts. Pay attention of the range they trade in. When you in the mode of wondering why it did that. Look up that indicator and read what it means. First read all your indicators to get an understanding what they mean in reference to the chart and the PPS any way.
For now to see some success go with a pick that chartinator may post or myself. Good examples watch for a set up like the
CHINA –EROC-- SUSQ –IO-- SRZ for a few of many. Notice how these had a ridge of candles and the stocks broke to the up side very slow than they break out for some giddy up mode kicks in.
Stay away from the cheap pop and drops these or only good for a day to 2 sometimes pending the set up. Now if you see the same set up on the cheapos before they go watch for the break and when it breaks the candle ridge trend line take it.
Hope this will help somewhat. These types of plays will build your comfort zone. Patience pays to wait for the right point of entry. We or not perfect either but have a very good success rate and it did not come to us over night.
GLTY
GF
GEAUXXXXXXXXXXXXXXXXXXXXX TIGERSSSSSSSSS Keep your eyes on the cash
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