daytrading nov 18 pre-market, page-23

  1. 32,596 Posts.
    Morning all. Bad day to trade. Short o'bought stocks if you can find em. Mr Market got to be a bit worn out by now. Punters are gonna start looking to end of year and thinking, "this is too hard, come back next year".

    Just guessing but, other than pros (not me), I think we have a bunch of punters left who are basically out of the market but are watching and with aim of hitting one running stock and trying to make $200, $500, $1K etc and get out. They're are not worrying about where the stock is going etc.

    So FA is out the window and momentum is name of the game. Unless you can sit here all day and watch stocks you prob are at disadvantage. Take profits early and first run is prob best and only chance. Not the type of set up that suits me unfortunately.

    imo

    Be really careful.
 
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