never done it before but from the outside looking in it appears that if i have some extra cash that now is the time to buy with the stock market sitting on about 6600, right? not trying to get rich just want to make a few bucks with my spare time on weekdays. ... thanks in advance for any starter tips or advice you can offer.
earl, wow, this topic is just insane, Depends on ho wmuch loose $$ you have,, Lets put it this way, If you dont have 100G? give it thefk up. and put your monies into a few vanguard funds. They are noload, and dam reputable,,,
Asknng how to daytrade is tantemount to coming into the offshore and saying who is the best capper here that wins at a 65% clip year round??
Many ways to do it, and all very technical, If you ask SSI, or ask a more technical question I think more could help.
tater
Asknng how to daytrade is tantemount to coming into the offshore and saying who is the best capper here that wins at a 65% clip year round??
Many ways to do it, and all very technical, If you ask SSI, or ask a more technical question I think more could help.
tater
As Tate said, you need a large bankroll(minimum $30,000 imo) to have even a fighting chance.
Have day traded on and off for 15+ years and it's not for the faint of heart. It makes bad beats in sports look like tiddlywinks.
With a 30,000+ BR, expect 1500.00+ swings in minutes at certain times..........
INVEST/DABBLE/PLAY with money you can afford to lose, because there will be about a 98.4% chance that you will when getting your hands wet.
Having said the above, it is a great rush when your riding a winner, and will probably be for you more than any type of "gambling" you have been involved with............and make no mistake about it, this is "gambling".
FH
Have day traded on and off for 15+ years and it's not for the faint of heart. It makes bad beats in sports look like tiddlywinks.
With a 30,000+ BR, expect 1500.00+ swings in minutes at certain times..........
INVEST/DABBLE/PLAY with money you can afford to lose, because there will be about a 98.4% chance that you will when getting your hands wet.
Having said the above, it is a great rush when your riding a winner, and will probably be for you more than any type of "gambling" you have been involved with............and make no mistake about it, this is "gambling".
FH
earl, i basically daytrade the index (ES), its the emini sp 500...
you can open an account and daytrade for $1000-$3000 depending on where you open..
daytrade margin is around $500 per contract traded...
they told you correct, you cant trade individual stocks without alot of money but you can do what i do........ and lately i have been doing it extremely well...
be glad to answer any specific you may have..
SSI
you can open an account and daytrade for $1000-$3000 depending on where you open..
daytrade margin is around $500 per contract traded...
they told you correct, you cant trade individual stocks without alot of money but you can do what i do........ and lately i have been doing it extremely well...
be glad to answer any specific you may have..
SSI
Be careful in this environment. First off, be sure you don't get killed in commissions. Second, continue to get a feel for a handful of stocks and how they move during the day. If you are only looking to make a few cents/few bucks per share per trade, best thing to do is ride the momentum, both on the long and short side. A bankroll is definitely needed. Be sure not to hold to big a position over night if you expect to sleep.
Procede with caution and BoL.
Procede with caution and BoL.
