Daily Day Trading Analysis – July 19, 2018
I have decided to share my daily thoughts with regard to day trading.
This is one way to force me to perform some sort of action each day.
I been trading Katanga Mining Limited ( KAT.TO) stocks constantly. In Nicolas Darvas’s word this stock has become one of my pet stocks for day trading. Having a pet stock for day trading can be dangerous. You become emotionally attached and emotions are never a good idea in any type of trading. Because of this I have set a sell order for KAT.TO today at a price of .95 cents. This stock is not a good candidate for day trading. It has low volume. I been in it because I have had some good profit runs with this stock .
Now I have decided to get out of it. I will do some research today to come up with a pick for tomorrow that is not KAT.TO.