Hello everyone! I am very excited to be a part of the InvestorsLive Network! I’ve been a member of the InvestorsUnderground chat room since the inception.
As some of you might already know, I’ve been tweeting my daily watch for almost 2 years. It’s a big list includes sub-penny to over $100 like AAPL. It seems random, but there is one key ingredient shared by among them and that is volatility. I think this is such a very important factor when you daytrading. I don’t know you, but I just hate waiting hours for a move after took a position. Many of my watch have 10 day Average Day Range grater then 30 day average, so the chance of finding “move” is good. Of course, volatility is useless if you can’t pick a right direction and that’s where the strategies come in. One of my and many traders favorite is red to green(r/g) long. This is a perfect strategy for high volatility stocks.
In this blog, I will up my daily scan as usual. If I see good set-up, I will get into narrowed down watch list with strategy I will be applying.
I learned so many things from InvestorsLive, Muddy, Laura and other great traders in the chat room. It will be my pleasure if I can share how we trade and also show even an average guy like me with full-time job still can make money in the stock market.
If you are not member of the chat room, please contact me for the promotional code to get 25% off subscription. Hope to see you all in the chat room!