Short term or day trading is a highly speculative endeavor. Speculation in the stock market is not the ability to know the future since no one can know the future. So how do you speculate with any success?
Develop strategies with winning advantages, when the odds are on your side you have the chance to win more often than you lose. Work the odds correctly and you will lose less often (but be warned that you can still lose).
Take heart, short-term trading is how most traders and would be traders play the markets. For individual stock traders short-term trading offers the greatest financial rewards. But on the flip side short-term also presents the greatest challenge, requiring constant attention and vigilance and a strict plan.
This website offers hourly stock watch lists containing stocks that have the odds stacked in their favor for a rise in price. The analytics used are based on the proprietary use of technical indicators such as price and volume, price convergence/divergence, supply and demand, and trending. All watch lists presented on this site are used best for determining short-term stock positions.
The 7 Day FREE Trial period is so that all new members have the opportunity to back test and paper trade while looking at the performance of the stocks in our watch lists without risking any money (not even the price of our subscription since if cancelled within the 7 Days you won't be billed).
The secret to successful short-term trading is choosing stocks that follow the trend of your trading style, and strictly following the trading plan you developed before hand - when to get in, how long to stay, when to get out - that limits loss of principal (amount invested), and maximizes profits.
This is not a set-it-and-forget-it endeavor. It's more of a set-it-and-watch-it so as to be ready to get out of a trade endeavor. The analytics behind the hourly watch lists presented on this site provide a head start in picking day trade winning stocks. After back testing and paper trading you can determine the best time of day to make and duration to stay in your trades.