posted
I hold a number of shares and I would like to increase my current stance. I am not really experienced in daytrading so any advice is welcom. I would like to know how to try and decide when to sell, and again buy back in. I have taken note of times in the morning and afternoon of a run, then retracement. Any advice is appreciated. Thanks.
Posts: 1153 | From: northeast | Registered: Apr 2004
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posted
What I do is make profit on other stocks and load it into QBID at the lowest levels I can.
You can try to swing trade. I.E: If QBID has a low low and a high high for the day, I keep buying at the low and selling at the high, building up shares. I would not recommend that for newbies however.
posted
I agree it is risky, I am not using all my shares maybe around 100k of them though. is there any thing in particular I should be looking for when it comes to an exit or entry? thanks
[This message has been edited by futuresobjective (edited April 26, 2004).]
posted
Level 2 helps me there... Also, I noticed when bid/ask prices become the same an upturn or downturn usually happens. Can anyone else confirm?
Posts: 593 | Registered: Jan 2004
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posted
okay...thanks...I will most likely just sit back and still hold long with all my shares...don't have level 2 and I am still to new to this...but thanks for all the help!
Posts: 1153 | From: northeast | Registered: Apr 2004
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I am also pretty new at this. I traded some of my shares a few times last week with mixed results. Basically after hours of nail biting and sweating I ended up with pretty uch the same amount of shares that I have now.
What I'm trying to say is that unless you have a lot to play with and know what you are doing, don't do it.
This week and from now on I'm just going to keep what I've got (only about 250,000)
good luck
Alan.......
Posts: 108 | From: London , UK | Registered: Feb 2004
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posted
futuresobjective: How RISKY DO YOU FEEL! You could of had a sell order in this morning at .02 or .019 After it sold turn around and re buy at .0185 or what ever it drops to if it drops I thought about it my self but chickened out. The last time I went to do this I missed my entry point and the stock took off. If I was at home to trade in the day time I might of been more apt to do it, But I don't need to miss this one.
[This message has been edited by GHOST (edited April 26, 2004).]
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bauer good luck with that...I hope you get out of thso you want and into qbid at a great entry... McClymont, thanks...its always iffy, especially when it comes to possible losing some shares. I have enough, but greed sometimes takes over....best of luck to you to me and everyone else!
Posts: 1153 | From: northeast | Registered: Apr 2004
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