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  • Scalping trading scenerio. Will it fail?

    I am looking for some experienced opinion on a scalping scenerio.

    Say a stock is trending upwards big time (+30% up as of 10 am) therefore i decide to place a bet that it will move at least few % points more and buy 2000 shares at say $5.

    My goal is to make quick $200 (2%) so i place a limit sell at $5.1 as soon as my buy order is executed.

    Now lets say the price reaches 5.1 as planned, Could there be a scenario where my limit sell order will not execute or is it possible that i will not be able to sell these 2000 shares once the price reaches 5.1?

    I tried this scenerio in Questrade practice account which shows data from previous day and it worked. What factors can cause it to fail in real time??

    submitted by /u/Adi320
    [link] [comments]

    source https://www.reddit.com/r/StockMarket/comments/ggujcw/scalping_trading_scenerio_will_it_fail/

    10 May 2020
  • The Unemployment Claims

    The unemployment claims for the last 7 weeks, around 33 million, is higher than the summation of the past 7 recessions.

    Recession Unemployment Claims in millions 7 weeks period
    Coronavirus 33.217 Mar-Apr 2020
    The Great Recession 4.597 Feb-Mar 2009
    Dot-com 3.333 Sep-Oct 2001
    Gulf War 3.466 Feb-Mar 1991
    Energy Crisis 4.645 Sep-Oct 1982
    1980 Recession 4.252 Apr-Jun 1980
    Oil Embargo 3.814 Feb-Mar 1975
    Tech Crash 2.242 Oct-Nov 1970

    submitted by /u/diyinvestment
    [link] [comments]

    source https://www.reddit.com/r/StockMarket/comments/ggu3pq/the_unemployment_claims/

    9 May 2020
  • Studying about stock market for the past 9 months, thinking of attending to a college

    Hello, i'm 21 years old and I've been studying about stock market for the past 9 months. I've learned a lot about the stock market but i'm pretty sure I still have to read many books.

    I've managed to increase my portfolio to 45% pre-corona and right now I'm at 17%

    anyway i'll get straight to the point now. I've done a lot of jobs but all of these were not related to the stock market. I would like to get a job which will help me get more knowledge on the stock market.

    Would you recommend me to spend 3-4 years on a bachelor degree just to be able to find a job in a company related to stock market?

    if yes, What would that job be? also what college degree would be the best choice?

    submitted by /u/bxam
    [link] [comments]

    source https://www.reddit.com/r/StockMarket/comments/ggtoo0/studying_about_stock_market_for_the_past_9_months/

    9 May 2020
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