jamaal
Apprentice
Joined: 27 Aug 2004
Posts: 5
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 Posted: 06/18/08 - 01:54 Post subject: |
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Any investment carries with it a risk in part. Forecasting price trends is one of the most important tasks for you, and it seems to me that you definitely need to use positioning for such purposes. If you are day trading, momentum strategy is certainly something should definitely employ. It is risky, but pretty profitable. You achieve it if make a good assessment of what are currently the best standing stocks. Now, that is practically impossible without knowing news, as news dictate short-term momentum, and rise in value. The pitfall is to come to early or too late because of a bad assessment. Also, you should beware of slow reaction to a bad shift, and leaving your stocks to after-hours effects. For more info, go to http://www.investopedia.com/articles/trading/02/
090302.asp. |
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