This training involves, live practical trading lessons in the stock market, how individuals can make money weather share prices go up or down , methods to maximise profits and minimise losses. This training will give me the right attitude and confidence to get into the stock market and make lots of money in a hurry. so paying back my sponsor will not be a problem if need be. thanks
http://adityamoney-aditya.blogspot.com/
That being said, with the market has been swinging up and down the way it has been in the past few months and I’d like to get in and get out quickly on certain trades.
The fact that some of these brokers expect you to to hold a position for weeks or even months is just ridiculous, especially in a market like this one.
Does day trrading affect the market in a negative way? Hell, it can’t be worse than naked short selling.
Ive found some loop holes in certain online brokers and have been able to successfully day trade but it is very hard and not really fast enough. I was wondering if anyone else knows of any online brokers that allow day trading for the small investor without heavy restriction.
the restriction is to make sure that small investors (i.e. people who don’t even have 25k) don’t lose their shirts, and cheat the IRS out of tax revenue, because you are totally inept and will have carry-forward losses for the next decade.
this, of course, gets re-packaged as concern for small investors who need protection from themselves. but don’t let that fool you - it’s all about the tax revenue. nobody really cares enough about you to bother protecting you.
dont worry people i am a long term investor. 90 percent of my money is tied up in index funds and some quality stocks like garmin for long term.
to common sense:
you wrote "With BOA you get 30 free trades a month. But it costs you the difference of earning 5.30% (like www.GMACBank.com) vs. their very small rate"
I put the 25,000$ you need to get free trades in one of bank of america's high yield cds which i locked in at 5.34 percent.
The cds count towards eligibility for commission free trades.
to everyone else who said that I shouldnt do this because day trading is very hard and i am doomed to fail:
I will be placing limit order trades and just set the limits for the highs and lows that I want to buy and sell at.
I feel that is somewhat safer. I will try to buy on a down day and place a limit order sell for like a dollar or 2 above the price i bought it for depending on the stock price of course. The gains wont be too big but at least ill have no commssions eating away my gains.
what do u guys think of that?? still bad idea?
When you spread your time frame out a bit, you even the odds a little more and give yourself a better chance. It's still not easy, but why start off against impossible odds?
Here's some ideas that might help you manage risk a little better and actually have a chance: http://www.srsfinance.com/Smart_Money_Principle.html
Sorry if I'm raining on your parade. I don't mean to. GRMN, BTW, looks great. Just make sure you keep a stop loss under $95 and trail that up higher as the price moves higher. Nothing worse than letting a winner turn into a loser.
Best of luck
intelligent investor by benjamin graham
ben graham taught warren buffet. ben is known as the father of value investing.
So I am curious whether I can make some money with Forex trading, by starting with relatively few amount of money.
As far as I see the trends are small and for a 3 days period from Dec-15 to Dec-18 was the GBP/USD with +0.4% trend of the GBP.
Well…I am not into this business so I have no idea what kind of money you need to start….but seeing the change rate above this means that if I buy GPB with 500USD and resell it 3 days later in the best possible case I will end up with 0.4 percents more? That of course will be funny money…
So what you will advise me to do?
Another way to make consistent profits in stocks in "swing trading," going for small moves of several days to several weeks in stocks or stock options. I use Japanese candlestick charts to swing trade, and have been averaging 8% to 12% a month, using some leverage. Instead of buying stocks, I buy deep-in-the-money options, going both long and short. Doing this, even a small account of $100,000 can make you $8,000 to $12,000 a month, an amount many people would consider a very comfortable living. Get a book on Japanese candlestick trading, paper-trade for a while (just make "pretend" trades, tracking the results in Yahoo Finance) until you become proficient at recognizing and acting on the signals.
Please advice!!!!!!!!!!!!!!!!!!!!!!
Day trading involves technical analysis only, and the trader needs to make quick decisions on what to do.
You are better off investing for longer periods of time.
Christian Nago
CEO & Chief Investment Officer
www.intrepidtradings.com