CHAPTER 19A Case Study: Facebook

There is a world of difference between theory and practice. I can show you many different methods that have profit potential in day trading, but it is not until the methods are applied that you will fully understand their potential, as well as their limitations and nuances. A trader can possess powerful day trading tools, but those tools must be applied if profits are to be the result. Given that there are thousands of stocks, it is important to know which stocks to day trade, how to find them, and when to abandon them as your trading vehicles if they aren’t working for you.

In Chapter 18 I discussed using the news as a method for day trading stocks. I showed you how to take advantage of knee-jerk or overreactions ...

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