Can One Really Make A Living As A Daytrader???? I'm Gonna Find Out! I'm The Boss Of Me!
Monday, July 9, 2007
Rebel's Gold Star Pick...AA
Hopefully you took that short position on AA on the hunch that their earnings would suck! Because you were indeed correct! Down 50 cents in afterhours trading....gold star for you!
7 comments:
Anonymous
said...
Thank you sweetie. I had no position in AA today, however it was a good short selling candidate. :D --->grin again lol. I am only going to trade on some economic news coming up later this week.
I've all but abandoned the daytrading for now to concentrate on the swing trades. Here's how it works:
I noticed that stocks that report worse than expected earnings AND have a price drop that day, seem to signal the start of a price downtrend. Therefore, at the close of the day that a stock reports worse than expected earnings AND the stock dropped, I short, and look for at least $0.50. Im also willing to wait for it a few days.
7 comments:
Thank you sweetie. I had no position in AA today, however it was a good short selling candidate.
:D --->grin again lol. I am only going to trade on some economic news coming up later this week.
Cool! Good luck with it!
yada yada yada
David your point being?
David needs to attend my "How to Lose Your Life Savings in 10 Seconds" seminar. lol
I'm waiting for next available opening...
And you gotta lower ur price..too
:-)
David - lower it from free? So I should pay you to come? lol
Post a Comment