Online stock trading is a very competitive field and the truth is that the stock market doesn't care if you are experienced or a newbie stock trader. The rules and the opportunities are the same, so either you are going to make money stock trading or you are going to lose it in favor of the more seasoned ones.

As a stock trader your homework is all about studying and testing different market strategies that will help you take advantage of stocks and at the same time protect your investments. Just always keep in mind that a good strategy is simple and practical. Complicated stock systems will always make you slow in your decision making process or confuse you from the start.

Also, don't think that just because a trading system or stock market program promises that you can come up with 8 winning trades for every 10 that you place you will end up making money. To become a profitable day trader your winning trades have to overcome your loser ones in terms of dollars and cents.

Fortunately there are some very good sites on the web where you can access practical trading strategies that are easy to implement. One of those sites is Momentum Stock Pick at

They focus on short term stock trading tactics that can help you identify and handle stocks while reducing your trading risk.

All in all, stock market trading is all about picking the best stock opportunities and following your buy and sell signals with ease and simplicity. Once you learn to master your trading decisions, you can aspire to produce consistent profitable results.