HSX Forum

Playing & Trading Strategy

Depending on how big your port is...

Posted by: Flash on Dec 05, 08:49 in response to MuskMan's post looking for some "Day trading" tips and tricks....

you should decide 'how much' of a profit / loss you're will to accept... then be ready to ride a roller coaster.

I've found that when I get greedy with profits on daytrading is when I get hurt.  Of course you have to factor in buying / selling commissions too when you look at profits as well.

I think  the best thing I found was the same advice given to new players - think short term.  If your stock has gone up 4 points, don't get greedy, sell and move on.

On the downside.. if you find you're losing too much on a stock that's going down, maybe it's best to cut the losses and move on.

Daytrading can be a real roller coaster ride if you're not used to it, so I would say you may want to start slow - see how your instincts work, and then decide if you want to go for more...

Good luck.

looking for some "Day trading" tips and tricks.... MuskMan Dec 05, 07:56

Depending on how big your port is... Flash Dec 05, 08:49





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