Seeking Day Trading mentor, page-2

  1. 10,673 Posts.
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    I will give you a bit of free opinion/advice

    I dont reckon Day trading on its own ( Meaning buy and sell same day) will be an income good enough to live off.

    To make money, you need to be buying or trading stocks that have a predictable movement in price.

    Predicting moves isnt easy, but expecting such moves to pay you a profit on the same day is a big ask.

    Better IMO to find a stock or stocks, that you reckon will move, then time your entry as best you can , then wait and tap your foot a million times until it moves as you expect it would.

    That could be one day, 2 or 5 or even 10 days waiting for that expected move to happen. To then give you the exit you were waiting for.

    Buying stocks like CPV, that could have alot of growth in them left would be a good place to start, Buy low and sell high.

    Lots of waiting in between.
    Last edited by ChippyDude: 23/07/18
 
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