BlackBerry Limited (BB)

[kelvin777]

There is no particular formula. You have to watch the trades very closely and as it turns around you trade.

For example, if there is no major bad news out there and the stocks falls then it is usually profit taking. You will see that a lot early in the start of the trades.

As soon as you see the downtrend, you take a small bite and see. Don't put all your eggs in one basket at one time.

As soon as it goes up to a profitable level, you sell. Don't ever be greedy. This will get you. Couple of hundred dollars in profit is good.

Sometimes, you use the buy on the rumor and sell on the news approach. This happens a lot. It sucks but this is the reality.

Usually by the end of the trading, if the stock is down it will ride up slightly enough for you to make some money.

If you don't have much money, you can use OPTIONS.

The main point here is not to be GREEDY for day trading.