expert trader give me some tips on trading ?
i have been doing day trading for about a year but i am busy and dont have time to sit and watch the stocks everyday. now i am trying to use another way to make some money and that is to buy a stock and hold it for a few days or a week and make some money from it. i am using MACD, STOCKASTIC, RSI and support level to make a predication when will the stock bounce back for a few days. i tried once and i was able to make $350 on a $3000 investing in a week.
what other things i have to look at it to make sure it will bounce back. like at what number should all these three indicator be when i buy a stock.
if u can explain it in detail that would be better. thanks
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about 1 year ago
If I were you, I wouldn’t be trading at all. Instead, I’d invest your money in a CD or something like that and earn interest.
about 1 year ago
I’m not a day trader but I like trend-trading. Right now the trend is fundamenatlly downward so all trading is very risky, you know. But trend trading in a good sector is my favorite and wonderfully non-stressful technique, in normal times.