How does one go about it?
The simplest and easiest way to start is to find the cheapest stocks that are in your niche. A great website that will get you on the right track is www.SellMyStocks.co I have used their service and have made over $250USD selling stocks that I liked.
Once you have narrowed it down to five or six stocks you should be able to determine their pricing levels. I find that when there is a pricing difference between 10 and 20 shares I will go with the 10 share strategy.
Next you want to find the lowest fees that you can find in the industry. I find that this is easier said than done. It’s not simple to find the cheapest stocks to put on your screen. For example I find that most companies that are listed on Google are $0.15 above what are listed on the NYSE.
I would say in general that it takes about $1.50 to $3 for one on a web site to list a stock. So I will use that as a general rule of thumb when it comes to scalping.
After you have the three things you need to pay attention to, you can go ahead and create your list of stocks to scop. In the past my most common target stocks was the following:
Mt. Gox (TOK)
I started my process by setting up a free account on www.Futures.com and searching the stocks.
Scoring a Stock
Once you have narrowed down the stocks that would be an ideal target I would suggest you first get to know the company on a deeper level. Do the same with the other two and your target will be a lot harder to find.
Here are my tips for scoring a stock:
Do the math on the price. Is it more or less than a fair price? How does this compare to others in the same industry? If there is a great deal on and around the stock do you see more than others on that market? If you do, which other companies are there that are doing well? What other companies are not doing well?
Does the stock come with an attractive dividend yield (D
short swing trading definition, swing trading options strategy, best swing trading software rated r, free forex swing trading strategies, swing trading strategies malayalam