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There are only three ways to trade stocks:
- Using Level II
NASDAQ or Level III buy and sell methods when you're a 1/4 or a 1/2
Point ahead-- daytrading scalping.
Good method if you have a lot of technical experience as a trader
(I'm talking about years), have at least $100,000 in your account,
know the difference between SOES and all other ECN's and have an iron
stomach.
You'll need to watch at least one, and probably several screens all
day.
About 80% of people trading this way fail within six months.
I'm not smart enough.
Not my favorite method.
- Buy stocks and
hold them.
If you hold stocks longer than the period they are going up you are
putting your capital at risk.
It is true that stocks may eventually rebound but when?
Moderate profits available over the long haul.
Not my favorite method.
- Capitalize on capturing
1 to 4 points at a time based on a specific stock movement. Use stop
loss to limit risk.
These are the types of trades the NetStock Picks Service provides.
My favorite method.
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