How to trade stocks daily?
If you are also searching for an answer on how to trade stocks daily, then here are the ways most of the people do it! But my sincere advice is not to follow any of it blindly use your own intelligence ...
- Join a stock market group:
- My 2 cents: Don't do this; you will lose your entire capital in the shortest possible timeframe. If you are really, really lucky to be part of an operator's group directly or indirectly, then it will also need some level of skills to be able to profit over there.
- Search YouTube videos on stock recommendations:
- My 2 cents: There, you need to find a genuine and good content creator. Because they are just 10 to 15% of them! So you need your own intelligence to be able to filter out noise.
- Follow the news on the stocks:
- My 2 cents: News/narratives are nothing more than noise. The higher the amplification lowest importance should be given to that stock specifically. Most likely, they are traps. Perhaps you can remove all noise on any news by checking it's sentiment over here.
- Learn how to trade in the markets:
- My 2 cents: This is the best approach in most of the cases. But its' slow, steady and requires effort. Initially, always create your watchlist, do paper trading before jumping with actual capital. Though without real money, emotions are missing; however, at least it will help to develop the mindset and define the approach.
Note: I have developed my own system, and it took me a couple of years to discover the path to profitability. Based on personal trading and consistent profitability experience sharing this.
u/Neat-Honeydew-462 — 23 days ago