Good morning Mel. Be careful of those that are very excited about a certain stock and those that try to sway you to not buy a stock, it is a jungle out there for sure and there will be many that want to take your money and be happy about it. My best advice to you is to be careful in the advice that you decide to take. I would try trading on paper first and not risk your money until you have a feel for how it all works. Watch the highly publicized stocks, they are called pump and dumps for a reason. There is a rule that many use it is called a three bar rule. Usually a stock will breakout above the trend it is in and continue to move up for three days including the breakout day. The key is to take profits at the end of the third day or early the next morning. This is not fool proof but does cut some losses and preserves your capital. That is the key, take profit when it is there because it can disappear really quick. Do not get greedy and stay in a trade longer than you should, take your profits and remember you can always re-enter a trade if it continues upward but with more money in your account. There is much to learn and I wish you good luck, it is very exciting to pick a winner. One more thing, always do your own due diligence, trust only your own research. Others may have a different agenda than what is best for you. Plan your trade and trade your plan. Know where you will exit the trade before you enter it. Have a great day and happy trading.
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