so what's the trick? how is this internet stranger hitting 3-4% gains daily?
I would strongly advise checking out the new learning video MooMoo posted as it is incredibly useful in helping you determine tops and bottoms and even setting up stock screeners to help you identify trend changes.
But look at you, you've read this far so I'll spill it.
it's a combo trick. MACD and Bollinger Bands. if MACD is crossing and the price is at the bottom of the Bollinger band, buy! at the top, short! but don't yolo in there you 😡 mad ape 🦧! enter in with 10% or so of what your willing to utilize for each play and set ladder orders in, incrementally increasing share size the deeper it goes out of the direction you want so if there's a stop loss hunt you'll average in nicely. Now the hard part for people like me with under 25k and have yet to unlock the coveted PDT exclusion, wait a whole day, early the next day setup your sell orders and watch the money come in.
Wait! one of your picks didn't turn green and bear the fruit of your minutes of effort!? no worries, ladder your orders again and wait another day.
this strat for swing trading has worked well for me and am now sitting on only 4 bags that are older than 3 days. just keep DCAing your position and remember, if you are down 20% the price has to go up 40% to meet your cost!! so keep that percentage your down on to less than 5% when you can to be able to close out in profit!
Good Luck you lovely human beings!
NANA123 :![](https://emoticon.futunn.com/rich_daily_life/O_02.png)
71476877 : Does this work
JustSurface OP 71476877 : it has for me but each trader has to find what works for them. set some rules for yourself and follow them. analyze your results. refine. good luck
markg : this is what I have started to do as well
,any profit is good profit ![undefined [undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
JustSurface OP markg : or a successfull trade is good, the money will follow
71476877 : How do you search for the stocks that you think will be good, I mean it must take hours
JustSurface OP 71476877 : try the MooMoo stock screener, it works quite well