How to start short term trading?
most important point is that as a beginner, focus on a maximum of one to two stocks during a session. Tracking and finding opportunities is easier with just a few stocks.
next, never get into penny stocks. they r extremely volatile. avoid new emerging meme stocks such as $Progenity(PROG.US$ or $Pear Therapeutics(PEAR.US$ too. they can easily go down 10% in 5min… 😩either go moon or hell…. personally, i would prefer large cap stocks like $Apple(AAPL.US$ or $Tesla(TSLA.US$. comfirm less profit…. but it’s much safer.
it may be better just to read the market without making any moves for the first 15 to 20 minutes.The middle hours are usually less volatile, and then movement begins to pick up again toward the closing bell, especially during power hour. safer for beginners to watch the market first
don’t panic if things doesn’t go in your way. no personal feelings, emotions!!!! cool down, stick to your technical analysis. if the chart does not meet your technical analysis, just cut loss and move on.
LASTLY, SAY NO TO MARGINN
Hope i can win a $ContextLogic(WISH.US$ or $American Airlines(AAL.US$ stock!!!
sharing the poster i got from the $Futu Holdings Ltd(FUTU.US$ 9th anniversary challenge for those who r interested as well!! please like and share your reviews!
next, never get into penny stocks. they r extremely volatile. avoid new emerging meme stocks such as $Progenity(PROG.US$ or $Pear Therapeutics(PEAR.US$ too. they can easily go down 10% in 5min… 😩either go moon or hell…. personally, i would prefer large cap stocks like $Apple(AAPL.US$ or $Tesla(TSLA.US$. comfirm less profit…. but it’s much safer.
it may be better just to read the market without making any moves for the first 15 to 20 minutes.The middle hours are usually less volatile, and then movement begins to pick up again toward the closing bell, especially during power hour. safer for beginners to watch the market first
don’t panic if things doesn’t go in your way. no personal feelings, emotions!!!! cool down, stick to your technical analysis. if the chart does not meet your technical analysis, just cut loss and move on.
LASTLY, SAY NO TO MARGINN
Hope i can win a $ContextLogic(WISH.US$ or $American Airlines(AAL.US$ stock!!!
sharing the poster i got from the $Futu Holdings Ltd(FUTU.US$ 9th anniversary challenge for those who r interested as well!! please like and share your reviews!
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Qwinbie :
kelvin898 :
Mars Mooo :
Mars Mooo : wow, awesome painting you got.