Simple Tips to pick stocks for day trading

Simple Tips to pick stocks for day trading

• 1. Trade liquid stocks
• 2. Avoid unpredictable (chaotic) stocks
• 3. Trade stocks with good correlation
• 4. Move with the trend
• 5. Research

More Details
http://www.rediff.com/getahead/2009/may/22five-simple-tips-to-pick-stocks-for-day-trading.htm

Characteristics Of A Losing Trader

Characteristics Of A Losing Trader

1. Undiscplined
2. No money management
3. Unprepared
4. Overtrading habits
5. Easily tilted
6. Does not trade with probabilities
7. Trades emotionally without controlling: greed, hope, fear, and euphoria
8. Does not have a trading plan and strategy