They basically hype it up, sell their positions, and then let everyone else take the loss. It's difficult to tell how credible their stock recommendations are as no company information is listed. They "pump and dump" once the stock makes a jump.

They are their own brokers. As far as we know, it could be some 18 year-old kid chuckling as he posts the daily stock pick. Speed advantage of day trading The key advantage of day trading "The Stockster's" picks is its speed. (Disclaimer: I am not endorsing the Stocksters' picks so do not make your decisions based on information read here. Day traders are always in control of their own trading. Their site was taken down several times direct current machine but appears to be back online. Day traders do not need to worry about a "long" or "short" position - because they do not have overnight positions.I know a lot of you use "The Stockster" web site but what is your strategy? Historically, stock trading has been the domain of professional traders. "The Stockster" web site provides stock recommendations but how do they make their picks? If you follow their site, you'll need to be quick on the draw.

During trading, at any point of time the trader always knows the stock's best BID or ASK price. I've found that as soon as they recommend a penny stock, it jumps and then declines later in the day. Now the technology is advanced enough to afford day traders the ability to receive and observe real-time price quotes tick by tick and to send electronically an execution order directly to the NASDAQ market maker.

They examine the financial data, ascertain the trends, and make their own decisions to buy or sell. Going home "flat" At the end of the trading day, day traders close all of their trade positions and go home "flat". Confirmations are received in seconds.

Exiting trades is as easy and fast as entering the trade positions. Control advantage of day trading The other key advantage of day trading is the control of trading. Conclusion If you trade based on "The Stockster's" recommendations, make sure you do it quickly. For the first time, amateur traders have the tools (real time quotes and order execution) to compete with the professionals.) .

Stock trading has been in essence a "private club" with restricted access. They monitor market prices tick by tick. Day traders do not have to worry about the price slippage. Electronic order execution is fast.