My New Stock Plan

I have been trying my hand at day trading for the last couple of weeks, and have found inconsistent results. So I have decided to try my hand at holding stocks a little longer. My plan is to find stocks that have reach all time highs and are in the teen to twenty dollar range per stock. I am then planning on holding these stocks for no more than 2 weeks and I hope to make a couple percentage points. Hopefully I'll be able to do this over and over again, thus building up my account slowly.

The stocks I am looking at this first week is MCFT, GDDY, PETS. I have decided to go with MCFT for this first couple of weeks because it has had a constant increase in price over the course of last week earning a couple of percentage points. It was also priced in the 19 dollar range which was perfectly in my range.

Another option was GDDY because it too had a good steady increase in price however, it was priced in the 40 dollar range and was a little too pricey for me to purchase. I decided not to go with PETS because it seemed to have a spike of price and didn't have that consistence increase in price.

This is not a get rich quick scheme but it seems to be a little less time dependent and hopefully I can get pretty good at this technique and be able to make money. This strategy doesn't exclude me from still doing day trading because I will have some cash to purchase stocks with. It just wont be at the same level it use to be.