What is the ultimate goal of the stock market? |
| I Is it helps and supports for the developments of future generations?Are there any charity funds to help those people who are in real difficulties?I think by these methods of stock market, ... |
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Do you think now is the worst time in history to be investing? |
Stock market close to all time highs, prospects not good ...
Oil/metals / soft commodities at record highs
Am I just being pessimistic, I mean people in 1986 may have been ... |
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How can a 14year old invest in stocks? |
| i have about $700.00 how can i invest it?... |
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Help! I want to get into stocks! I am 17 years old. Can anyone help me? |
| I wanna know all about it. I really dont know how it works all that well. What are penny stocks? Please Help!... |
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How to make £100 without a job? |
im 14 and need £100 pound for the summer how can i get £100 Additional Details i cant get a job,cause im not old ... |
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How powerful is the technical analysis of shares of stock market? |
| The support level & resistance level if followed closely can help to pick up bright stock.... |
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If you were a businessman, in what type of products will you invest your money in the Philippines? |
| Assume that you are a businessman with an interest to invest in the Philippines. Please defend your decisions.... |
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I sold shares in British Airways today. Will I still get the 5p dividend? |
They announced a 5p per share dividend a few weeks ago. I sold my shares today. Will I still get the 5p dividend? Additional Details Friendly alien ... what the fcuk kind of an answer is ... |
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I m girl of 18 from mumbai india.would like make my career in stock mkt can some one help me with best course? |
| i would like make career in stock mkt in mumbai (india) for it i want know abt some good course. which will help for my career in future. i would like to become stock borker in future or good ceo of ... |
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Should I bail out of the stock market now? |
| My broker says's it's going to 11,000 by the end of September.... |
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Where and how do I purchase stock? |
| We are new to the whole stock exchange. We would like to get involved but we dont know how. Does anyone know where we can look up information on stock cost and how to purchase stock?... |
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When to buy stocks? |
| Is it a good time nowadays to buy stocks if the stocks is going down? Any opinions? Thanks in advance.... |
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Inherited Money, Bought a House, What should IDo? |
| Hi there my mother and father both passed away I have been left with approximately 700K, I am 21 and a university student, I do not have a job… my overall goal is to grow the money safely into ... |
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How EXACTLY is money made in investing? |
| Nothing from my research is telling me how you make money investing- does it have something to do with interest rates?... |
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Is this a good investment? |
I have been offered an opportunity and I'm interested in your thoughts.
I invest £75,000, For this the company sources 4 buy to let properties, they carry our any refurbishment work, ... |
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edcyhn | I have 50 grand to invest. I want to quit my job and start day trading or more likely, swing trading.? |
Have you made a living day trading or swing trading? How did you learn? Can you prove that you make a living doing it? Can you recommend some books to read? I would think there are people, Cramer maybe, who have become wealthy and want to share their knowledge out of generosity, but I suspect they are rare. What you would more often find are shysters who sell the hope of making money, but have never been able to do it themselves. Hence they are forced to make a living selling bogus investment techniques to the gullible. So, to repeat my question, if you can honestly say that you make a living trading stocks, how did you learn? |
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Leo P
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"Those who can trade get rich, those who can not -- become teachers"
Look at Cramer's record - it is worse than DOW's -- so why should I listen to his recommendations
About day/swing trading -- start with small amount (say $3000) learn on your own, read and practice, do not quit the job.
Do not listen to others. (including me!) |
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Quixotic
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The best way to end up with a small fortune day trading is to start with a large fortune. |
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mark
 |
This is not the era of the dot com when anybody with a few bucks could double or triple their money over a few years. The market of today is moving slowly, and moving against you just as often (or more often) than it moves ahead.
50k is not much money, and if things move against you, you could be back to work with an empty bank account within a few months..
A better investment would be to buy a condo or a home. Depending on what part of the country you are living in, that could be feasable. If you live in NYC or sourthern California, Chicago...etc then 50k is not enough for a realestate investment |
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Frank Castle
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$50,000 is not enough to retire.
$50,000 is not enough to daytrade. (I mean not enough to quit your job and live only from your stock market profits)
I have over a decade of experience in the stock market.
Harvard.
I can prove it.
I suggest the film "Wall Street" by Academy Award Winner Oliver Stone.
Cramer IS NOT WEALTHY.
When you are wealthy you don't have to wake up in the morning everyday and work. (You hire employees like me to work for you)
I will help you make some money in the Stock Market FOR FREE until you make at least $25,000.00 USD.
Top 4 Answerer. |
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muncie birder
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50 k huh? If you quit your job and use that amount to day trade, the probability is that within 180 days you will be broke. |
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rarguile
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Let me ask you a question: How much do you need to live on?
Your $50K has to produce profits after tax equal to this "cost of living" amount every year for you to continue day-trading as a living. This might be a very steep hill for anyone - to consistently achieve that level of return.
If you had $500K - you could try your hand at day-trading for a year and see how well you do. Otherwise, save and invest and keep your day job! |
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reggieyoung
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I have tried it with a little more finances and it is not as easy as it looks or breaks down. First you must have discipline to follow whatever game plan that you do. Given that you will be doing this for a living, you must respect your bankroll and limit your RISK dramatically. How do you feel when you are losing? It is important to be able to analyse your trades and YOURSELF and make the right corrections. If you don't, YOU WILL FAIL. You must realize the MOST important thing is to make your expenses as quickly as you can. I would learn how to write covered calls and learn to trade futures to make your monthly income. How will you cover your expenses if you have a bad month? How low is your expenses(drop dead)? If they are high, I would not do it!!!!! You must do your homework and read books and come up with a business plan(it is just like a business). I advise TRADING FOR A LIVING and there are many others. Good luck |
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Captain C
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Don't day trade, you'll lose yourass like all other day traders. |
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hgary06
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continue working and trade on the side. |
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