Anyone have new stock trading questions for me just post them below and I will answer by tomorrow.
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I have 3 trading apps, but I need to learn how to set up scanner alerts onTDameritrade and webull, stuck on it
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I would call them and have them instruct you on how to set that up. That too much to explain in a tweet.
What would be the top 5 things you would be checking to predict how the S&P will react for the day
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1) I use the S&P system as a guide.
2) I would be looking at S&P charts in various time periods long and short.
3) I would analyze the market action from prior day and short term.
4) Watch futures at night/premarket.
5) Keep eye on any important news coming out like reports etc
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When you are saying who seen that stock “pop up”. What type of filters are you using on your scanner to see these moves being made so fast
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The easiest way to find stocks pop up is to look at the % winners moving live.
How long did it take you in the beginning to become consistently profitable, what helped the most?
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In my case it took a long time because I never put too much work into it.
I started trading in the 1990's and made money even though I didn't know anything. Then lost money after. Wasn't until I lost a lot of money in 2008 that I became a good trader and never lost since.
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When you say, that’s a very low float or that’s to big of one, is there any tips you can give as to how you come up with that conclusion so fast
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Under 20 million is small under 10 million micro but it’s all realitive to the amount of shares trading on a given day.