day start with stock going down, it because a news come out, and sell off start, but there will be lowest number it will go, pick that number and with buy limit, then when get filled, put another number for sell (ex. +30 cents), then if later the price goes up again, you got profit in one day. People are driven by news reports.
Online trading is pretty cheap today with less than $8 per trade.
Online trading is pretty cheap today with less than $8 per trade.
Below is if you have lots of money so each share only gain .50 still makes a difference. Ex. If you have 4000 shares, then .50 mean $2000 realized gain.
need to check premarket, and watch if a bull or bear
if you have stock, first thing in the morning is to setup stop loss for it. in case stock goes down, just sell it to prevent loss.
if bull then watch for few minutes and decide to sell (it may jump to more than $1 per share, my minimum is $.50).
if stock goes up, put a sell at certain point.
7/13/2016 bought at AAPL 96.95 around 3:30 PM and it went down more to 96.86, I lost at least $2000 on paper. Next day I checked premarket and the price jumped, then I put a limit sale to .50 more. But not realized that I need to watch it more on the request (bit and ask).
7/14/2016 It jumped more than $1.40 and I missed the profit at least .90. 4000x.90=3600, I could have made more. because of my inexperience. I missed the gain about 1/2. But in less a week, I made about $3000 short term capital gain. This showing day trade power, but I am mostly stressed out. so need to take a break for some time, otherwise will die early.
When buy
0. if you believe stock going down, use the previous day price - 50 cents (ex Apple), then if it does go down, you bought with good price (usually stock up and down in a range). Then when it hits bottom, it will start go up again. Then sell immediately.
1. when price is low enough compare to analyst suggested target price.
0. if you believe stock going down, use the previous day price - 50 cents (ex Apple), then if it does go down, you bought with good price (usually stock up and down in a range). Then when it hits bottom, it will start go up again. Then sell immediately.
1. when price is low enough compare to analyst suggested target price.
2. buy just one stock
2.1 after buy, monitor stock set up a + x limit order per share sell price(if extremely bull market it could jump $2 per share in one day) , if sold immediately, you made .50 per share. (This applies when stock going upwards), if loss value, then need to think what's the loss limit
), after market close if you still have stock, then put a limit loss. so to protect the lost tomorrow.
%
2.1 after buy, monitor stock set up a + x limit order per share sell price(if extremely bull market it could jump $2 per share in one day) , if sold immediately, you made .50 per share. (This applies when stock going upwards), if loss value, then need to think what's the loss limit
), after market close if you still have stock, then put a limit loss. so to protect the lost tomorrow.
%
Another option
Update, there is an option of trail loss, say I don't want to loss 10.
3. after buy set up prevent loss order immediately (one time I bought net flex and the price dropped immediately and I loss $200 in few minutes, if I would have done this then I only loss $8+ instead of $200+).
4. when reached potential sell point (ex. if stock price reached 4% gain) set up another prevent loss order
5. continue to monitor and set up prevent loss order
After sold
6. after sold stock because of price going down, then wait for step 1 again. then repeat 1-5
6. after sold stock because of price going down, then wait for step 1 again. then repeat 1-5
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