I'm new in this trading thing, I need some help from the expert. my question is what is DD I've seen you guys mentioned all the time but don't know what that is and how do i purchase swing trading.
Posted by Bob Frey on :
quote:Originally posted by tradingguy: thanks. I have another question how do i know which stock is good and which is bad. what do i look for in stock? please help
If it's moving up in price it's good....if it's moving down in price it's bad......you look for movement. If it ain't movin' up, move on. Pennies are not for investing in my opinion.....they're for playin'. "Pitchin' Pennies". Play fast and furious, birdchit or baseballs, doesn't matter. Something is always moving even during down market times. Learn to play this way and save yourself a lot of finger drummin' and anxiety. Just my dogged opinion. Ruff!
------------------ 'wid ma mind on ma money an' ma money on ma MIND!!!!!!!
Do Da Due!!!
RUFF!!!
Dog
Posted by tradingguy on :
thanks guys
Posted by Machiavelli on :
You seriously need to buy books and self educate yourself on trading.. the book i suggest is below and also a free charting site that you can do research as well after you learn how to trade...
A Beginner's Guide to Short-Term Trading by Toni Turner (www.toniturner.com) .. can be purchased in various sites including Allstocks, Amazon.com, Barnes and Noble, Toni's site etc.. etc..
I also recommend The Candlestick Course by Steve Nison (www.candlecharts.com) can also be purchased on different sites..
The free charting and research site that i recommend is Bigcharts.com ... hope all this helps...