Let us come straight to the topic and that is profiting 2-3 + % in the stock market weekly. So we all try hard to do so. Some say its worth to trade and some are hard core investors who follow the fundamental principle of buying nice, buying low and staying in market for long.
All heard is true as if someone has followed something consistently over a period of time that means he was successful with it.
We all read various books on trying to understand the stock market and improve our profit potential. We get some insight but end up in quest of learning more and keep on reading and reading............
Here Im not going to teach you anything. But what I am going to do is just Im going to post various ways of making money in stock market.
Simple to follow and practice.......All these means are known before but its just that , we dont follow ............
Before I post any method I want to make it clear that nothing is comitted and these are methods tested by me. if you feel comfortable with them try them otherwise All The Best and do let me know if you have something for me.
For all the methods emotional principle is : Strict discipline, patience and getting out of market at pre targeted price reach......
So method 1.
if some stock moves by 5% + on any given day from its intra day low, provided tends to close higher then its previous day's close and 80% of those gains come in the last 30 mins of trade .......Buy it at the closing and you will gain at least 2% or even more on the following day opening. Do check that the stoch has not run up sharply in last 2-3 dys and this is a new up move.(Provided nothing drastic changes in the market overnight).
Now let me explain this phenomenon : This is called momentum Buy today Sell tomorow call. the phrase itself defines it. The secret is just we are taking the benefit of positive emotional sentiment attached to the stock. As stock have appreciated in late trading hours, whatever the reason behind it. buyers who miss out the news of it appreciating buy it next morning thus taking it to higher level. Now when this appreciation comes that is your time time to book your profit. It is as simple as the saying "Herds follow the tide" and you just take benefit of it.
Daily you will find 10s of such stocks.
For any further query, you can ask me and for next tip or method keep visiting my blog regularly.Iif you benefit from this method, do come back and comment.
Sunday, May 27, 2007
Tip 1 of profiting in markets.......
Posted by Harman at 2:32 AM 0 comments
Labels: Trading Tips
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