QUOTE(christor96 @ Mar 2 2011, 11:00 AM)
Keep watch in the most active volume counter with high volumes in and out..If you notice a counter having panicked selling, price plunging out faster than blood flowing out.. Then you can opt to contra that counter already..
Let price drop until very critical. Time your entry, and enter once price rebound 1 to 2 level.. Sell when profit.. If price U-turn, sell also, don't lose ur capital.. Just pay some bank charges is ok.. Depending on your amount.. Should be around RM50-100 depending on your volume.
This is just suggestion since you want day trade.. On what counter, you choose your own.
But remember, trade at your own risk
So far this method is good for me... Success rate quite high if you enter correctly..
This post has been edited by Bonescythe: Mar 2 2011, 11:08 AM
Mar 2 2011, 11:06 AM

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