Are you asking if its possible to have a career in day trading?
Sure, you can be a stock broker…
Or
Are you asking, if you can make a living (support yourself), by trading stocks.
In this case, I would say probably not.
Even professionals that have spent their lives studying the stock market have trouble predicting changes. What hope does that give to an average person? Furthermore stocks are meant to perform well in the 'long run' and not from day-to-day.
I suppose its possible to make constant gain if you index the 'entire market', however it probably won't be enough to let you quit your day job.
you are not just investing here, but have a business operations to take care of. without proper tools, how can you expect to compete with all the professional traders worldwide? and on Daily Basis??
www.optionetics.com is thorough, but expensive.
trading need a lot of commitment to continuously update with the market trend. it sometimes difficult for you to sleep well, thinking what tomorrow's market has to offer. if you can't take the heat, you'll can get distracted easily and lose focus on your own trading plan.
http://money-review-site.com/investment.html
How can I get info about major "upcoming" economic news. Like govermnet reportings, and the like (in one single place). It seems like every other day there is some news poping up. Which web site is the best, in your opinion, in reporting this kind of stuff? Thanks
and you're not hedged with options, I take it.
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with the current capability of computers, browsers and broadband, why limit yourself to only one news site?
you can have multiple such sites open in multiple browser tabs or multiple browsers.
look for the upcoming news/events list in places such as
money.cnn.com
yahoo finance
your TDAmeriTrade brokerage site
and/or any subscription services you get such as
investors.com
wall street journal online
bloomberg news
etc.
I MEAN I WANT TO LEARN DAY TRADING STOCKS, LIKE AMEX, NYSE, NASDAQ ONLINE THAT TOO REAL TIME.
I FOUND SO MANY ONLINE TRADING COURSES.
HOW BENEFICIAL IS THIS LINK:
http://lansing.craigslist.org/fns/172121865.html
ANY IDEA:
http://lansing.craigslist.org/fns/172121865.html
Girish:
my keywords:
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http://lansing.craigslist.org/fns/172121865.html
HOW IS THIS LINK WHEN IT COMES TO LEARNING OR LEARN DAY TRADING STOCKS ONLINE?
http://lansing.craigslist.org/fns/172121865.html
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As for sources, check with your brokerage. Many of them make learning tools available to their clients.
Best of success.
read the below tutorials they will help you !
I bought a stock, 5,000 shares at .09 cents. I meant to buy at .05 cents, and that's what my confirmation said before I placed the order, but I didn't realize that the quote of the stocks are 20 mins delayed. Sharebuilder doesn't offer actual real-time quotes, imagine that. Anyways, my account ended up a couple of hundred dollars short, mainly because it still processed as 5,000 shares at $0.09. Anyways, I put a limit order in to sell all of the shares when they hit $.010, low and behold, it hit 0.10 today, but my shares haven't been sold. Called SB, and they said for large orders, it could take a couple of days over a few different trades, and that I would be charged $11.95 for each trade.
Is there a better place or way to do these types of trades? Thanks!
One other thing, I use scottrade and am very happy with them.