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Picks & Scans PLAYING FIELD Decision Tree Board Mania Trading the Numbers
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Playing the highest volume tech stocks could backfire on you. Professional traders actively compete against each other in JDSU, QCOM, CSCO and other volatile issues. These heavy cross-currents may undermine your trading style and chosen holding period. Fortunately, the longer you hold a stock, the less you need to limit your choices. Market makers in the big Nasdaq stocks get so involved shaking out scalpers that 1-3 day swing traders can execute positions below this "radar" and turn very nice profits.
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