Can One Really Make A Living As A Daytrader???? I'm Gonna Find Out! I'm The Boss Of Me!
Wednesday, August 1, 2007
Thought for the Day...
You have but one life to lead. If you go to your grave with a list of "reasons why I didn't" as long as your street, all it means is that YOU DIDN'T. - Andrew Matthews
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.
4 comments:
So true! Awesome! Carpe Diem!!!!
Nice though.
Scaaary! No more "Sara-time"? lol Beach?
Rebel - I thought so too!
Mandy - of course beach !- when????
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