You don't essentially have to trade momentum hot stocks all the time. However, you can easily learn stock trading tips and how to take benefits of them when you point out the great opportunities for going long or for shorting them to make money when they are expected to fall down.
In case, you decide to day trade stocks, things you should always keep in mind that for a trader to survive for long and be consistently profitable, it’s essential to keep things as simple as possible. Too much confusion and technical indicators will most of the time make you slow in your decisions and froze you up even if you encounter best opportunity which may be right in front of your screen.
At last but not least, stock market day trading is all about picking the best daily stock opportunities and following your buy and sell signals with ease and simplicity. Once you learn to master your trading decisions, you can aspire to produce consistent profitable results at regular intervals. You can learn more about it with the help of stock trading books available online.
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