Uploaded by Greatstockpix on Dec 10, 2009
PCS is one of about 10 charts we are watching for Friday.
As always, only trade with money you can afford to lose and use tight stops. Information provided in the Service is for educational purposes only and that GreatStockPix.com LLC is not, and does not represent itself to be offering or recommending any securities to be bought or sold. We are not brokers or investment advisors. The service is provided as a guide only, which must be tempered by the investment experience and independent decision making process of the individual.
Day trading can be extremely risky. Day trading generally is not appropriate for someone of limited investment or trading experience and low risk tolerance. You should be prepared to lose all of the funds that you use for day trading. Do not fund day-trading activities with retirement savings, student loans, second mortgages, emergency funds, funds set aside for purposes such as education or home ownership, or funds required to meet your living expenses.
Day trading requires knowledge of a firms operations. You should be familiar with a securities firms business practices, including the operation of the firms order execution systems and procedures. Under certain market conditions, you may find it difficult or impossible to liquidate a position quickly at a reasonable price. This can occur, for example, when the market for a stock suddenly drops, or if trading is halted due to recent news events or unusual trading activity. The more volatile a stock is, the greater the likelihood that problems may be encountered in executing a transaction. In addition to normal market risks, you may experience losses due to systems failures.
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