day tradingsoftwareday traderstock day trading
I am looking to begin my stocktrading next year with my tax returns, the thing is i am looking for quality training that would suit a short term and then active day trading strategies. If anyone knows or has had online training for a reasonable price and has actually derived value from the training, dont hesitate to answer. BTW this training should be specific to the american Markets
Day trading


Day trading is a very tricky full time occupation. Only one in 100,000 people are successful at this. Do not commit more than 1% of your portfolio to this endeavor.
I need a stock site that shows day by day trading. closing prices on each day…very specifically. thank you
It;s just for a school project. mine are all nasdaq
Day trading


Which country's markets??

plenty of those for US markets, Canadian markets, UK markets, Aussie markets, Singapore, HK, and some others.

not so many for UAE [for example]

I've been reading a lot of stock books lately, and I feel a bit overwhelmed with all the info and strategies. I'd like to hear from others what is their best advice and strategies on investing and making money in the Stock market.

For example, sell if it goes down 10%; sell stock in the first hour of the trading day; buy stock in the last hour of the day; use covered calls; buy puts; etc.

Thanks. Hopefully this info can be helpful to others as well.

Day trading


There is no good evidence that any of the strategies you mention really work. There is a lot of nonsense written out there. Your best best is to buy and hold a diversified portfolio of stocks. Studies show that people who buy and hold do better than those who trade a lot. For most people buying no-load low-fee mutual funds is the best way to invest. Read some of these links:

http://www.vanguard.com/VGApp/hnw/planningeducation

http://www.fool.com/school.htm

http://sec.gov/investor/pubs/assetallocation.htm

http://www.diehards.org/readsites.htm

http://finance.yahoo.com/education/begin_investing

http://finance.yahoo.com/funds/basics

I am new to it and very interested in getting started, but I don't know how to get started and I know very little about stocks.
Day trading


You CANNOT trade unless you understand the markets; the products trading in the various markets, and the rules and regulatiions governing investing/trading.
And don't let any one tell you differently, if you do you'll only get hurt.

Before you invest in any security, whether as a trader or an investor the first investment you should make is in yourself, and the best investment you can make is by educating yourself.

Start your education by learning why you should invest, and the importance of being able to make your own decisions.

Get into the habit of making daily visits to some websites like MSN Money and Yahoo Finance.

Other website that can provide instructions and help with procedures and terminology are Investopedia.com, Stock Charts.com, investorshup.com; and 1source4stocks.com
Visit some of the more professional websites like Zacks.com, Smart Money, Schaeffers.com, Trading Trend, Trading Markets, these website will have advertisers who are worth looking into also. And remember, if they offer free information, get it.

Attend all the free seminars you can, just be careful and don’t get pressured into anything you really don’t want or need. Most schools offer courses in finance and economics, but very few will have courses on the mechanics of the investment markets, if they do try taking the course. You may want to consider on-line courses, the New York Institute of Finance use to have such courses. Try to get some fee information from the stocks exchanges they all have (had) free booklets, SIAC and some of the regulators (FINRA SEC MSRB CBOE) may provide some free literature.

Good luck

I'm 19 and I already trade stocks to some degree. I'm going to school for business so I also understand how to analize a company and review their reports. What steps should I take now to someday become an effective day trader and possibly make it a career?
Day trading


First step would be to graduate from the best name school you can. Since you are already starting(university of michigan?) I would look to get straight A's , be involved with leadership activities and transfer into a top 15 university. (michigan is an elite school…but it would make your life ALOT easier if you could get into a ultra-elite). To get into the best trading shops you'll need this badge to get in the door. The best shops have the best technology and I can buy and sell a stock 50 times before someone with an on line broker can place 1 order. You can also go into I-banking(sales and trading) or a hedge fund (they both daytrade like maniacs, i have friends at both)Continue trading and YES analyzing company fundamentals is important. Don't believe the grumpy sheep that tell you all daytraders lose money. When you have a good thing going you stay quiet(why encourage more competition?) Having gone the trading route and now being independent I would steer you towards an i-bank or hedge fund. I make a very good living but you cant do this when you're 50 years old (it takes it toll) so gear for a position where you can trade and have job security. Good luck.