stock market investing

[Jim Vanhorn]

I have been thinking of rehashing up something i used to do. About 8 years ago I had about 30k that I had in a sharebuilder account. I used to monitor a few specific stocks and place limit buy orders at the prior weeks low point. so if last weeks low was $2.20 and high was $2.35 then I placed the buy limit at $2.23 so as soon as the stock price reached that low my buy order would initiate. this was a waiting game but as soon as the buy initiated I would then place a sell limit at say $2.30 pocketing 3% earned on the investment minus the 2 $9.95 transaction costs.

when playing with 30k this was decent money. I was able to do this for about 6 months with about 3 deals per month. it was good side money for no real work.

I have been thinking about starting this up again but really have no idea what platform to use now. is anyone currently doing this?