ELK 0.00% 1.4¢ elk petroleum limited

daytraders, page-11

  1. 17,246 Posts.
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    lesson 1-
    don't listen to people on HC, always do your own research before trading

    lesson 2-
    refer to lesson 1

    lesson 3-
    most daytraders lose money, 7 out of 10 on average

    lesson 4- dont borrow funds to daytrade, u can multipy your losses very quickly

    lesson 5-
    Once you are 100% comfortable with d trading then and only then should you borrow to trade imo

    lesson 6-
    No one gets the market right every time

    lesson 7-
    u learn more from losses than u do from wins

    lesson 8-
    but on rumour sell before the fact, not on fact

    lesson 9-
    when everyone is buying, start selling.

    lesson 10-
    Friday afternoons, best time to buy cheap stock.

    lesson 11-
    Monday lunchtime best time to sell

    lesson 12-
    The above two lessons are based on factual data, however doesn't always work, see lesson 6

    lesson 13-
    Gotta have nerves of steel to be a daytrader

    lesson 14-
    a virtual trading account is a good place to practice

    lesson 15-
    use stoplosses when appropriate

    lesson 16-
    dont listen to some bloke on HC preaching lessons to you

    I will email you later today with some info, cheers






 
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