Have been trading US market and make money from it. The good thing about US market is that the price is going up and down very fast:
Eg. Open: $1.00, High: $1.50, Low: $0.90, Close: $1.30
The different from Low to High is $0.60. If you buy 1000 shares at $1.00 and sell off at $1.30, you make $260 (commission: $40 for buy and sale).
If you manage to buy at low and sell at high, then you will make $540. This is within a day or minutes of trading.
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Thursday, September 3, 2009
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