I do a bit on the blue chip side, at the moment FMG and ALL. They are swinging over 1% within the day. you do need a bit of cash if you aren't leveraged.
Pros
- Easy stops due to small lines
-TA is much more accurate due to large numbers trading
-news seems to make a more obvious influence (i.e. china has bad news stock goes down, china has good news stock goes up)
Cons
-Smaller payoffs but with discipline quite regular
-Bots
-need more cash
-it is a grind you start to feel like a bot,(micro and small caps are way more fun.)
