What is the best way to approach trading only 1 stock over and over during the trading day? I know scalpers that take up to 100 trades a day and trade only 1 stock
I got that question the other day. This is one of those times where I have to admit I have no idea. I don’t scalp, have never scalped, and have no plans on scalping individual stocks. I have no desire to be that fixated on the price action day-in and day-out. I’d probably go crazy.
That’s just me, though. I know there are folks out there who scalp and do it successfully. For the sake of the asker of the question above, I encourage any reader who has experience in that area to share their thoughts on the matter.
If you like this post or find it informative, I encourage you to sign-up for the newsletter.
Also subscribe to the blog feed and/or follow via Facebook or Twitter.
About the Author
John Forman, author of this blog, has traded for more than 20 years, is a professional market analyst, and authored The Essentials of Trading. He is an active participant in trading forums, consults for trading related businesses, as published literally dozens of trading articles, and has been quoted in a number of books and in the media.
** See John’s full bio.
Similar Posts:
- Which indicators and timeframe can be best used for scalping?
A New Trading Blog for You to Check Out
How come you don’t just start trading full time?
