|PDF Title||:||How to Beat the Market Makers|
|Total Page||:||151 Pages|
|PDF Size||:||3.86 MB|
|PDF Link||:||Read and Download|
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“Keep your spread to a minimum. By now, it should go without saying that you want to minimize your spread. After all, several of the previously listed rules are in place to help you do that exactly. Remember, the wider the spread, the harder it is for you.
(Trust me, day trading is hard enough on its own.) If you don’t minimize, you will have to be that much better at predicting the movement of the stock to make your day’s pay. Take the easy way out in the beginning by keeping your spreads narrow.
Your absolute maximum spread should be $0.12 as a general rule. Even then, you should feel pretty confi dent that the stock will make a big upswing.
You should only be willing to trade into such a widespread on the rare occasions when the promise of the stock is such that it off sets the risk of the spread, which will not often happen.”
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