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Short Term TRADERS

Emphasis is on TRADERS. This is a group dedicated to traders who not only buy, they also sell. In other words, they are traders, not necessarily long term buy and holders - but all are welcome! Short term trades generally last less than a month if swing trading and might only last hours or days - in other words, as long as the move exists. Short selling is as welcome as going long. Hey, to some... more
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BUY LOW, SELL HIGH, USE LIMIT ORDERS

Posted on 10/16/09 8:19 AM

I looked at the perfomance of this group, and it looks terrible. What are you traders doing? Remember to buy stocks in well known large companies, when that company is experiencing a slump, or even when you hear news that there is a new hot product on the line. Companies in the news, like Bank of America, down about 3% today, why don't you pick up those shares, and try to sell it when it gets higher? Remember to set your limit order prices to sell a little above your purchase price, and wait sixty days to sell at the higher price and earn the profit.

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