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:
Just noticed the icon at the bottom of your blog, congrats!
Thanks! You're only the second one to notice!
Who was first? LOL
Best wishes, hope all goes well.
Do you know boy/girl?
Come Running was first actually - lol!
Thanks for your good wishes!
There are so few real surprises in life, so no, I'm not going to find out!
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