Comments on: 3 Ways to Improve Your Holiday Trading http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/ Trading blog with trading insights, discussion on swing trading, day trading, and trading psychology. Fri, 16 May 2008 06:26:06 +0000 http://wordpress.org/?v=2.0.9 by: TheStockBandit.net » Getting Ready for 2007 http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3687 Thu, 28 Dec 2006 04:12:50 +0000 http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3687 [...] You may be trading the holiday market this week, but I am not. It’s been a great time to get away from the screens and spend time with family and gear up for next year (next week I guess I could say). As you and I get ready for 2007 to begin, we’ve got a few things to keep in mind. [...] […] You may be trading the holiday market this week, but I am not. It’s been a great time to get away from the screens and spend time with family and gear up for next year (next week I guess I could say). As you and I get ready for 2007 to begin, we’ve got a few things to keep in mind. […]

]]> by: TheStockBandit http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3168 Fri, 01 Dec 2006 23:17:05 +0000 http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3168 Hey Brett, Keep in mind that trading on a virtual exchange is quite a bit easier than trading actual dollars just because there's far less fear involved when the risk of losing money or giving back profits is absent. The executions can also be different, which can skew results as well. Having said that, I don't trade penny stocks, let alone sub-penny stocks, and I've never seen JMCP. I use TeleChart by Worden (click banner in sidebar to check them out) to scan for stocks which meet my trading criteria, but only for stocks trading on Nasdaq, NYSE & AMEX. Pink-sheet stocks or bulletin board stocks are not included, which is fine by me because while they do have big potential, they can also lose their buzz in a heartbeat. As soon as these unknown stocks stop moving, they are left in the dust and quickly forgotten as traders move on to the next hot mover. So that's another reason why I don't trade them because you could easily get stuck in some little stock which (1) doesn't move enough to let you out, or (2) doesn't have ample liquidity (buyers + sellers = volume) to let you out. My site at www.TheStockBandit.com provides picks for members who are seeking trading ideas, and you'll rarely see a stock under $10 in price or 200k daily avg. volume. Let me know if I can help out further & good luck! Jeff Hey Brett,

Keep in mind that trading on a virtual exchange is quite a bit easier than trading actual dollars just because there’s far less fear involved when the risk of losing money or giving back profits is absent. The executions can also be different, which can skew results as well.

Having said that, I don’t trade penny stocks, let alone sub-penny stocks, and I’ve never seen JMCP. I use TeleChart by Worden (click banner in sidebar to check them out) to scan for stocks which meet my trading criteria, but only for stocks trading on Nasdaq, NYSE & AMEX. Pink-sheet stocks or bulletin board stocks are not included, which is fine by me because while they do have big potential, they can also lose their buzz in a heartbeat. As soon as these unknown stocks stop moving, they are left in the dust and quickly forgotten as traders move on to the next hot mover. So that’s another reason why I don’t trade them because you could easily get stuck in some little stock which (1) doesn’t move enough to let you out, or (2) doesn’t have ample liquidity (buyers + sellers = volume) to let you out.

My site at www.TheStockBandit.com provides picks for members who are seeking trading ideas, and you’ll rarely see a stock under $10 in price or 200k daily avg. volume.

Let me know if I can help out further & good luck!

Jeff

]]> by: Brett http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3162 Fri, 01 Dec 2006 22:05:51 +0000 http://www.thestockbandit.net/2006/11/21/holiday-trading-improvements/#comment-3162 Jeff, I am new to day trading and I have been doing allot of research on it. I also have been playing allot of games on virtualstockexchange.com. My average return is about 700% the only problem I have it what stocks to get into. I seem to be doing very well with stock with a price of .0001-.0004 they are very easy for me to manage. The issue I have run into these past weeks it that they arent really doing much of anything. JMCP for example has not moved for four days now. Normaly it will go from .0001-.0002 a few times a day. Is this a sign that it is done moving or is this due to the holiday season? Also, what is a good way for me to find a pick stocks like the ones I have mentioned above? Jeff,
I am new to day trading and I have been doing allot of research on it. I also have been playing allot of games on virtualstockexchange.com. My average return is about 700% the only problem I have it what stocks to get into. I seem to be doing very well with stock with a price of .0001-.0004 they are very easy for me to manage. The issue I have run into these past weeks it that they arent really doing much of anything. JMCP for example has not moved for four days now. Normaly it will go from .0001-.0002 a few times a day. Is this a sign that it is done moving or is this due to the holiday season? Also, what is a good way for me to find a pick stocks like the ones I have mentioned above?

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