So many people ask me how I find my stock picks, especially since I have a full-time job (mostly at night), and still have time to daytrade. I guess it helps that I'm addicted to the stock market, and can't step away from my computer for too long. And I apologize in advance to Ahmad, who asked me to blog for him, and tell his followers how I find my picks. I promise, I will do that very soon.
I use equity feed, and then I also use twitter to find out who is promoting it. Seems like a wacky combination, but different promoters have different reasons for promoting. Some, it's because there is dilution going on in the company. Some, just genuinely has news to share.
Equity feed is pretty cool because I can watch the market, and set alerts for what is moving. I don't want to bore ya'll with too much of that, but basically I set the scanner to go off when a stock hits 10% above the lowest price of the day, and then I watch VERY closely. If you don't have Level 2, you really do need it, if you plan on watching.
In between all of this, I like to chat with all of my new friends on facebook and twitter, and see what everyone else is playing. Usually I can jump in on someone else's ride too. I also set goals for myself, for instance, if I make $500 this week, I will buy myself a bottle of Cakebread or Silver Oak, to enjoy for the weekend. I'm very driven when it comes to that, and have every intention of drinking the finest wine every weekend!
So I guess it's back to my stocks; I hope more stocks will be moving soon. I love finding those stocks that go up 5,000% in one day, although that's pretty rare.
And thanks to everyone who already viewed my blog. I might even put some more pictures up for ya'll.
xoxoxo
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