ZGNX-bounced back from a recent support

Friday, February 18, 2011 by lemonna ·



ZGNX is up 5% today,it was bounced back from a recent support yesterday,
and keep running now.

 

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About this blog

I am a day trader. I think Day trading is more profitable than long term investment.For daytraders, there is one thing should always to remember- set a stop loss. In my first year in trading, I wasn't care about the stop loss,I lost a lot of money and I re-studied, watched and paper traded again.Then I made big profit return in my next two years.
Technical indicators is definitely a necessary tool for day traders and easy to learn, so I here to share my experience and provide you useful stock resource and online stock trading tips.
How do I trade:
Normally, I use combination of technical indicators such as MACD,slow stochastic, RSI,Moving average to pick the stock I want. I like to trade stock with support and resistance, or the stock with MACD and Slow Stochastic Divergence.