yea.. and remember, if if they have moved up doesnt mean its over.. they still move around. I am a daytrader, so even if a stock is down I can make money (not always) like yesterday, NDOL close down 20%, but i made almost 2grand off it from that dip.
as far as money and amount of shares. I currently am holding 7000 shares of NDOL.
i never throw less than 500 at somthing. with 500$ its insanly hard to make money, but its also hard to loose money.
1000-1500$ is my usual to throw at a play. but if i can flip it, i usually take the profit from the flip and rebuy with all of the money. like with NDOL, i have probably 3500+ free shares i have gained flipping.
im still not sure what i am gonna buy
think i will unload half of my ndol tomorrow to reduce risk and basically ride free till friday.
but start small...ask me or IronChef how hard daytading is, and we will gladly tell you about the tears of sorrow and tears of joy.![]()