Using day trading alerts was very profitable in March. While S&P 500 was about 6.6% up, I was able to make more than 11%.
During past months, I’ve been asked several times to provide more guidance on how to use day trading alerts in the best way. Today I want to share the approach that brings consistent positive results. I don’t want to say this is the best practice. This a strategy that works for me so far.
Here are the rules I follow:
- Do not enter the trades before 10AM or after 2PM.
- Never leave a position open overnight.
- If the prices goes up by 0.4% or down by 0.6% – sell
Here is the list of hypothetical trades in March with starting capital of $50,000. This table shows how much you could earn if you took each trade recommended by Stocks Buy Alerts. I’m sorry to post here a 172 line spreadsheet, but I think it’s a good way to show how the day trading alerts work and how you can apply them for your benefit. Scroll down to see the result!