HOLLYWOOD STOCK EXCHANGE
THE ENTERTAINMENT MARKET
THE ENTERTAINMENT MARKET
Daytrading tip to help you make bank:
For those that check their port 5+ times a day and are looking for ways to up their game, I want to share a helpful strategy. Clearly I'm not the first to come up with this, but I haven't seen it talked about. Feel free to comment, flame, or expand upon this with your own modifications.
You probably consider yourself decent at knowing what stocks are going to move by watching TT and remembering yesterday's movers etc.
However, when you buy something and check back in an hour and it's up $3 and then you come back later and it's dropped to up $1... you missed out on some serious dough and it's frustrating.
Multiply this by the 10 stocks you are daytrading and scrolling through your holdings to locate them... and you realize it's a lot to keep track of and hold in your brain.
What I do is... when I maxbuy (or maxshort) something and it's on the move and I've made 60k+ on it I will go ahead and radar it in the opposite direction.
(radar = buy/short 1 share)
You come back 45 minutes later and you see you made another 50k on some stocks and 23k here and none there... well go ahead and get all your daytrading radars back to zero by dropping that share and readding it.
This way you always have a reference point for what the stock has done since you last checked and a better idea for when the tides are shifting.
The more times you zero-out your radar, the better your reference point.
This way you know when to exit your position with minimal gains lost, and in some cases of fast movement, reverse your position to ride both waves for 2x cash.
If you own a ton of movie stocks you can click to organize holdings by # of shares held and see only the radars (the stocks you are daytrading) and keep tabs on them easily.
Happy trading!
Daytrading tip to help you make bank: May 25, 16:23
Interesting idea, Paul, with the 2 tabs. I thought the arrows were great, but this may just make them better. May 25, 21:10
are you on a boat? {nm} May 26, 07:33
Look again. I'm on a horse. {nm} May 26, 09:12
Arrives at the same reseult but with 1 click instead of 10 to 20. Very nice! May 26, 01:49
Interesting idea {nm} May 24, 10:27
Great idea, thanks for sharing! {nm} May 25, 22:15
No bots here ****es. I do all the work in my head. Blue collar here, you ho's. {nm} May 29, 07:26
