Stocks: A possible goldmine

This is a guest post from Mike:

I saved up some money before I started. Stock trading is not that difficult. You buy a stock you believe in, and sell when you have lost faith. The decisions you take based on its own analysis, and not listen to what analysts say in the media.

Stock trading is an additional income for me, but now it's gotten to the point that I earn more on stocks than on my job. The strategy I use to trade stocks takes so little time that I need to work on equity investments a whole day. Analyses should I do at night, and the purchase and sale entered into the system at desired levels. I have an in-out perspective of 4 to 8 days.

First, scrape together some money.

I saved my earnings and replaced my BMW X6 to an old Honda. Well I had around 1.7 million when I started.

Find broker.

I found myself an internet stock broker and invested some money. Whichever you use, as long as the brokerage fee is low and they have a good reputation.

Trade stocks.

Strategy is as follows: I shop stocks with a rising trend in the long term, and that also have a rising trend last 30 days. Adds a buy order on the market and sell orders at 4 % above cost. If there are some stocks that have the technical picture outlined here so I'm hesitant. Emphasize also some fundamental analysis but only on a very basic level, and then I see the trend of trade and industry. It is wise to choose an industry and keep up to date on it. I shop most shipping stocks.