lowtrade

[lowtrade]

Boom ADD on to last post!

The first RULE in trading stocks!!!! NEVER chase a running stock NEVER!!!! NEVER. Get my point? Never chase a running stock! If you must have the stock, place a buy order one, two or three clicks above the ask and buy it.

Limit orders are put in lines, 1st come 1st serve. In a fast running stock, your buy at ask, can be way down the list and many wanting to buy at ask, can be passed by. Hense; you keep raising your order and keep missing it. By the time it closes your 20% 30% 40% higher than when you wanted to buy!!! and missed half the run.

This the first thing you should do. Create a watchlist, of stocks that have been doing well!

You have to start making stock plays come to you, not you go to them. This is VERY important!!!!

There are hunderds of stocks out there. Missing a hundered, will not stop others from coming!!! Find stocks that have been doing well for at least 1 month. Grabbing a flat stock that just breaks out of the blue are do or die! So if you start with a good watchlist, you raise you chances of getting out alive.

Concider each night on your watchlist,as work well spent! It takes some work to succeed, screening for good stocks is needed, with ALL trading styles!