
057: Jesse, @PsychoOnWallSt – $500k of “Beginner’s Luck” and How to Thrive as a Part-Time Trader
Chat With Traders
00:00
How to Trade Stocks on a Daily Basis
I start out looking at the daily. One of the things that, you know, I've learned from a couple of different traders is so like Michelle, she's a breakout trader. She likes stocks that are breaking out. And that's when she likes to buy them on the long side. Tom can feel one of the other guys that I speak with a lot who won't touch anything unless it's based above its 50 and 200 day moving average. For me, I'm a little bit different. On the long side, I like to buy things as close to near to mid term support as I can. That way I have a clear stop, if anything, if the trade goes against
Transcript
Play full episode