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Trading Plan with Open, High, Low and Close Prices of a Stock

Posted By On 12/16/2008 12:08:00 AM Under
Important aspect as a day trader is that one must follow the Open, (the first price at which the stock opens when market opens in the morning) High, (The stock price reached at the highest level in a day) Low (The stock price reached the lowest level in a day) and finally Close as it shows the gist of the force level of the traders i.e. bull grip or bear grip.

2. Also do remember to see the stock price fluctuations (intraday trading range) during the day as it enables one to make an intelligent choice i.e. when to enter in a stock and when to make an exit from the stock. Moreover by studying these prices one is able to plan for stock trading for the next day.

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