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#1 thing you must understand with day trading is the P&D. You need to know ahead of time if a stock has a past of P&D's, looks like a possible P&D again? You need to get in early and out on the spike in price and volume. Any other scenario and you lose.
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Ask your self this question. Have you ever seen a pump and dump spike at the open then come back and make a new high on lighter volume?
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