Cap the Night Off

As I was reading that excel file yesterday about Market Capitalization, I felt curious about what it meant.  I learned that it is the measure of the market value of the company.  It somehow seemed like the net worth of a person.  Market Capitalization is the total outstanding shares of the company multiplied by the current market price of the company’s stock.  In trading, Companies are usually categorized into three Large-cap (First-liners), Mid-cap (Second-liners) and Small-cap (Third-liners).  These categories also indicate the volatility of the stock and its potential for trading.

To summarize:

Market Capitalization	Risk	Reward
First-Liners	Low	Low
Second-Liners	Medium	Medium
Third-Liners	High	High

Light-bulb moment:  That’s why traders play with third-liners because that’s where the money is

Here I was still picking my stocks.  I thought I cannot find uptrend stocks in a bear market but I did.  I think I thought I did.  Here are the stocks on my watch list currently

I will still sort them out tomorrow.  GLO should not be there but I might paper trade that one outside this 90-Day Challenge.  I know there are still 2^nd liners and 1^st liners on this list and I will weed them out.