1......set up a watch list (cue, the financial press )
2......track movement in the share prices
3......remove shares which don't have a regular pattern of rise /fall /rise
4......get familier with the fluctuations so you can foresee them , more or less
.....keep a track of results annoncements to help guess the trend
5.....trade the fluctuations
.......50k at 15c = $7500........at 15.5c = $7750 ,
.........less $56 to broker (or $40 in one of those comsec accounts ) profit $194 (or $210)
6.....don't overcommit ,lest you lack free funds when an opportunity arises
........don't buy early in the day when prices are often higher
7.....remember it is less painful to make a modest profit than to wait for a bigger one but miss out .
........you are not trying to be a m'aire o'night
........'leave some for the next bloke'
8.....stop loss a good idea at the outset
9.....keep a good stock of grains of salt,
........guard against wishful thinking
10....trade on paper only for a month and see how you go
good luck !
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