Re: Never thought making money was so easy
Trading in stocks is inherently risky..I fully understand that…but I try to shield my positions as much as possible. Also, since I do “trades” and not really “investing”, I am unaffected by macro-economics. Sometimes I hold a position for less than an hour.
Like I mention above…I dont buy companies like TZOO or SGTL (check out their 52 weeks range) even though they can look very attractive for day-trading at times…I only buy solid comapanies with beaten-down stocks.
For SHORT POSITIONS, I analyze and look for companies in mid-air descent.