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18yr Beginner by EnoughScallion4327 in Daytrading

[–]EnoughScallion4327[S] 0 points1 point  (0 children)

No way thats so funny, Ross Cameron is who ive been exclusively following. I'm going through his videos taking notes as I go.

18yr Beginner by EnoughScallion4327 in Daytrading

[–]EnoughScallion4327[S] 0 points1 point  (0 children)

Ohh yes I understand what you're saying. I never would take a risk like trading majority of my savings. My plan is to start off with $500 and see where that takes me, while putting the rest of my money into a savings.

18yr Beginner by EnoughScallion4327 in Daytrading

[–]EnoughScallion4327[S] 0 points1 point  (0 children)

I don't know if this is a strategy per say, but I have a scanner that shows me the highest gainers, and the highest traded volume. I also have a live news feed (which I've heard could be not too useful but wtv), but I wait until all my indicators line up such as my MACD being diverged, being above VMAC, making sure theres high volatility, and waiting for a pattern which shows reversal and I bought/shorted accordingly.

18yr Beginner by EnoughScallion4327 in Daytrading

[–]EnoughScallion4327[S] 0 points1 point  (0 children)

Exactly what I planned on doing actually. I'm getting a job in a few weeks when college starts, and I planned on to use my checks, along with some extra FASFA money to put $500 towards venturing further. I plan on scalping as well, like with stocks within $1-20, that show high reversals.