[Cajundaddy]

Looking for a software program to identify stocks on the rise? Probably a great way to lose your shirt IMHO.

Clearly identify your goals first. What do you want to accomplish and how long is your timeline? How much risk can you tolerate? Fast moving stocks often move down even faster that they move up. This requires a very good crystal ball. Day trading is highly speculative and not for the faint of heart. I have friends who have done well but it was more about pure luck than skill IMO. Sometimes the blackjack tables have better odds.

Highest risk- willing to roll the dice and risk losing everything in hopes of a quick score.

Moderate risk- willing to consider some losses in hopes of better returns.

Low risk- not willing to accept much risk and looking for long term appreciation.

If the second half of your screen name defines you, and you can lose $50k overnight and still sleep like a baby knowing that tomorrow is another day, day trading might be for you. It is gambling, not investing.