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Re: Briboy post# 531

Saturday, 02/12/2011 11:42:32 AM

Saturday, February 12, 2011 11:42:32 AM

Post# of 36850
Ya, you're right. I mean, AMR moves. No doubt about it.

I did not run any statistical studies on this, but what is the average daily range of AMR?

About 30 to 50 cents? I know some days are big, but it seems to me the AVERAGE daily range is under 50 cents.

Now nobody can catch the whole range every day. Maybe in a 50 cent range a trader would do good to catch half of it on average.

If you didn't want to risk much and had a $1000.00 account, you could buy about 135 shares of AMR, at current prices.

Now if you can catch a .15 move in the daily range you just made yourself 2% on your account. Nice...

But you have to use all your money on every trade and then with stocks the funds have to clear, or settle, before you can make another trade.

Those are two big strikes against trading stocks for my daily 2%...

Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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