/biz/ - Business & Finance

>>1370058
Buy either UPRO or DRIP depending on whether or not the S&P is going up or down for the day.

Look up stocks $20 and under which are undervalued on the RSI and whose MACD line is negative but with a decreasing divergence. Highly volatile stocks are ideal.

Then, during the day, buy whenever the price dips below the 50 day moving average. Don't buy all at once, but throughout the day when it hits lows.

Also use the 5-day chart's MACD on Yahoo finance to see when the stock is topping out (sell time) or when it's to bounce back up (buy)

When planning to sell/buy, look at the chart's previous history of highs and lows to see when you should begin to get in or get out.

Also, only hold for a couple days at most.

I'm planning on beginning to use my daytrades on UPRO or DRIP so that I can sell right before the market closes. I've been losing a little of my profit by selling the next day because premarket can make it very low.

I'm enjoying fairly constant gains now and it feels great.