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Day traders' weekend lounge March 1 - 3, page-26

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02/03/24

18:09

Post #: 72713061
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Originally posted by TraderRR: ↑

traded just shares, you start off with a small account and as you demonstrated credibilty they increased your trading limit. Most traders were just scalpers playing the opening and closing making only pips on stocks that trade less than a cent. The strategy was simple match that stock lower on the open and sell it higher on the close vice versa depending on market sentiment. Was their bread and butter as it was almost flawless if you knew what you were doing. Each pip was about $1000 do that each day and thats $5000 almost guaranteed a week. Sometimes you can make big money. I think some were doing ok, but i am more of a swing trader these days. Enjoy buying on the way up on strong sentiment and letting profits run for a few days and investing. I am however getting back into day trading this week given the change in the lithium market.

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Thanks. I didn't know they did that sort of thing.
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