Details & Knowing when you hold and sell; matters
day trading** additionally controls the value of which ever stock "seems" best..
if the time were taken to read into every tool at your disposal.. you'll make BIG wonders
read into their sec filings. read into announcements. what' when' where' how' why' who' how much' is it something that others will buy' will it help your economy' is this the type of stock for short or long. then decide if it should be a short or long buy.
differentiate between bid & ask. mid & market.
if bid is higher; EVERYONE should buy bid, hold & then continue to buy. same for ask.
when it's held and you have your information on the company & whose doing - running operations. you'll add MAJOR VALUE to your stocks(investments .
cannot add monetary value to anything if you directly pull everything back out.
wait for the right time to sell. it may take an hour may take a month; they say that patience & 5 Ps is a virtue {Proper Planning Prevents Piss Performance}
and then there are some "people" who are damned good at day trading. which essentially; they have done their homework in which they know which to hold and which to sell. /even though it toys with the market.
knowledge is key = Power
wash RINSE re)peat
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A5R0K1NFTOP : also my amount of trades depends on the investment & it's path for the future. could be none a week. could be a few times. I like to dable in everything
having a foot in the door keeps money where it belongs sometimes
A5R0K1NFTOP : eff.. one more. DONT FORGET TO USE YOUR ACCOUNTS LEARNING FEATURES & NEWS d:D
Ryno530 : Right on
whqqq : Yes, the key is to have a strong knowledge base to know the "right time" faster