Buy stocks holding steady when stock index futures are falling

Cont'd discussion about Electronic Day Traders' Secrets: Learn From the Best of the Best DayTraders.

Serge Milman Interview

Watch the stock index futures. When they are down, but your target stock is not going down, start building a position in it because when the futures index turns up, your target stock will go up. Vice versa, when the stock index futures are going up, but your stock is not going down, start building a short position in it because when the futures index turns down, your target stock will go down.

Be confident. When you’re confident, you try to hit home runs and succeed in building a big position and nailing at big price move. When you’re not confident, it’s like driving with your foot on the brake.

Look for news to trade: stock splits, earnings reports; upgrades and downgrades.

...cont'd tomorrow...

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