ok im usally inside the box and follow ben graham and phil fishers techniques but i have found in the past 2 years that this has been working highly speculative low cap stocks look for ones that gone up 10 – 15% before lunch on a trading day read the chart figure out a good enter point ride it up 1% in one day do this atleast 200 days and in five years with an initial investment of 10000 you a millionaire in 6 your a billionaire
Good idea in theory, not so easy in practice. trying this you will sometimes have success and sometimes get your head handed to you. Plus, even if you are successful at first, $10,000 isn't a large amount, but when you get up to say, $1 million, that's a pretty big order to try and fill right away on most stocks without getting killed by the market makers who will see you coming and want to make some easy money off your order. the bigger the amount you want to invest, the harder a strategy like this will be to actually implement.
Good luck.
That's right, up to a point. That's how momentum investing works, if you're good.
The point where it doesn't work is, your have a larger and large amount of money to invest. You specifically said "low cap stocks" These are stocks that it is difficult to get in and out of quickly with a large amount of money. (That's what low cap means.)
