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How to pick the Best stocks
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[QUOTE="Oluwasegun purpose, post: 240152, member: 73877"] [B]A one-size-fits-all approach to stocks just doesn't work very well..the same stocks that produce big profit for short term traders will often cause big losses for longer-term investors... we'll take at look at the reason why later in this report..for now just remember that the best stocks for you depend on your personality and lifestyle.... Do you like really fast matra- day trades? Or do you like to hold position for several days, weeks, months or years? Do you like sitting at a computer for hours or days at a time? Or would you prefer to spend 30 minutes a week? from a life style point of view, it's best to choose..... Time frame some stock show a tendency to trend upward for thirty minutes to an hour,,and then trend downward for roughly the same amount of time..this is ideal movement for quick trades .. other stocks exhibit similar up and down movement,yet the price action take much longer days or even weeks..these stocks are best suited for longer term investors.... in either case the best stocks are stocks that match your individual personality,as an investor the simplest way to accomplish this is to use price charts displayed in time frame that match your particular style..... let's say you have full time access to the market and prefer a large number of quick in and out trades during the day.. in this case your charts of choice will likely display very short tune frames- such as five- minute fifteen- minute or thirty- minute bars...... [/B] [/QUOTE]
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