It certainly is possible to make few grand a day and I don't think that fundamentals are important when you trade quick intraday movements. By the time you researched a stock you would have missed the trade.
I just can't see any reason to do this with "penny dreadfuls" when there are so many leveraged instruments available.
IMO the best thing for daytrading is to concentrate on only a few stocks (bluechips, indices, currencies, commodities or whatever tickles your fancy), research them, use your intraday charts, get a feel for them and trade leveraged instruments.
Works for me and I find that they are much easier to chart and follow them much better than penny stocks.
It certainly is possible to make few grand a day and I don't...
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$65.22 |
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Mkt cap ! $12.64B | |||
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29 | $65.20 |
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| Price($) | Vol. | No. |
|---|---|---|
| $65.23 | 2373 | 2 |
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