I am going to start trading next week, I have been researching and watching shares religiously for a while now and trying to notice how people pick out the good from the bad.
I am looking at day trading and feel as though I would be a momentum trader.
I have created a list where at least 3 have to suffice before I will even bother to look to buy.
1. market depth 2. high volume movement 3. announcements 4. What sector is getting alot of attention 5. If there is a parent company, what is happening with them. 6. Not part of huge hype (IMU after BTA and RBY)
I have created a stop loss at 5-10% for myself.
In any case if there is some sort of pointers or something wrong with how I plan to trade, please let me know as I am just a beginner.
Anyways, looking forward to trading with everyone.
