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Intraday stock trading

 
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candlestick1
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Joined: 27 Jun 2004
Posts: 503
Location: Houston, Texas

PostPosted: Mon Oct 25, 2004 10:49 am    Post subject: Intraday stock trading Reply with quote

Intraday stock trading is usually not be primary goal for high profit swing trades, however, as was being discussed about CL, there are times when you can take advantage of intraday stock trading. Today, MAGS opened up at where it opened on Friday, and started immediately moving up. This was a definite set up for a kicker signal, the probabilities that it would gap up with stochastics in the oversold condition and then discontinue its downward trend was very small. This is one of those instances where is seen this happen that we put out a special e-mail to our members to buy this stock immediately. There is nothing wrong with doing some intraday stock trading when a strong Candlestick signal is setting out. However most of the time, unless you happen to be watching a particular stock, those signals will be recognized until the scans are done at the end of the day.
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