 QUestion on the Stock Market? |
| this is just my opinion and im trying to see if its a smart move or not. The way i see it, the stock market is down a whole crap load. this means stocks are at an all time low. Would this be a good ... |
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 How to make a small investment.? |
| Where am I to look to make a small investment without necessarily having to go through a bank?... |
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 Oil is at approx $61-62, where will it go next?!!?!? |
Oil has gone from $78 per barrel last August to $50 a few weeks ago, and now it is at $62.
Where will it go next? Is ethanol going to push oil prices down, or is conflict with Iran going ... |
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 Do you know of a investment that can give a 10% return? |
| Any suggestions on investments with high long term return?... |
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 Name 5 good companies to invest in? |
| I am a stock analyst in class and need help!!!!!!!!!!!!!... |
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 Being paid 15K a month, how do I manage money for savings and entertainment? |
| I am a s/w engr, fresh out of college. Need expert advice to save money, also keeping in mind per month expense for entertainment, like movies and apparels. I am a kind of spendthrift. Money does not ... |
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 When do you sell short? |
| Can anyone explain to me rather effectively when and how to sell short? I don't know how to read charts (graphs), I don't know when to sell short. I just need some idea on when and how to ... |
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 What would happen if I used a time machine to make money in the stock market? |
| Suppose I can go one year into the future for one day and print out all of the stock prices movements and bring them back to the present time. Besides becoming incrediby wealthy, does that mean that I... |
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 Day Trading Forex possible to make a living? |
Hey,
Are there people in the world who day trade forex for a living? I've read so many articles bashing day trading as gambling and impossible to make money, but I also read some ... |
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 My investments 10k have been reduced to 4k. How can I grow it back in the short term. Penny stocks? |
| The holdings are in two mutual funds and four stocks. The stocks are almost wiped out but the funds are down 50%. Would trading in penny stocks help in the short term. Any suggestions on specific ... |
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 Stock hits zero? |
| We own a stock that is sinking fast down to $5.25 from a high of $16.00 We are going to ride it out but the question is what happens when a stock hits zero? Is the company forced into bankruptcy? I... |
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| What is the best (preferably ethical) way to develop some residual income, starting with ~$25,000? |
Or perhaps you have a better investment idea for that amount? Nothing too incredibly risky please, and I know hard work is probably unavoidably necessary.
And please no "Invest it in me&... |
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 How to get a mutual fund agency? |
| Now I am selling Insurance products. Somebody like's mutual fund products. So Would like to sell mutual fund products.... |
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 Never invested before. With the economy the way it is, what should I do to invest for retirement? I'm 24.? |
| I'm thinking of a balanced fund or asset allocation fund to invest in a Roth IRA. But I've been told at this point, I should stick to something less risky...like a money market fund. Let ... |
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Dragonfly | What is the most lucrative way of day trading? |
What should I be looking into?
I am a serious beginner ... but very open to any suggestions. |
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Richard & Brenda F
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If you are wanting to be a day trader, the 1st thing you are going to have to do is become an expert at technical analysis. Day trading is 100 % TA. You are going to also have to be well funded to even start....the minimum you will have to have is $25,000. The NASD provides that a pattern day trader is any account that makes (i believe) 4 or more "round trip" day trades within any 5 rolling day period. You must also maintain a MINIMUM of $25,000 to keep day trading.
You don't have to be a day trader to be successful as a trader. Explore your possibilities and educate yourself and put in the required time and you WILL be successful! Good luck!! |
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Kiran Kumar
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There is no lucrative way to day trading. Its a fact that more than 95% of day traders lose money. Go for long term trading. |
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mcilvane
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You will have to find the style that works for you. Here are some ways I know that people daytrade.
1) using charts and charts only
2) chasing momentum stocks
3) shorting stocks that had a big run up
4) sector investing
5) using level 3
6) trading the same stock everyday |
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Retired
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I've been day trading since I retired in 2000. There is no easy way to learn although I've seen a lot of garbage being sold that claims to do the job for you. I started with a friend who had been a stock broker over thirty years. The first day I LOST $103,000.00 and he knew what he was doing. I made that up, and more and there are days I will lose some and days I will make some. I sit in my "office" with four computer screens, three of them dealing with the stock market, one (this one) for goofing off. |
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insuranceguytx
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If you want to double your money ....
Fold it in half and stick it back in your pocket. ;-)
* |
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emucompboy
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Most day traders barely break even, so you might be better off just going for a longer term investment, but you already knew that.
If you want a blue-sky idea -- we're in a bull market right now. Abuse the Small Order Execution System. A $40 stock will end the day at about the same price it started -- but during part of the day, might be 25 cents higher than the open. So, at the open, buy 900 shares (some amount LESS THAN 1000 shares, anyway). When the price is 25 cents higher than that, sell them. You end up with 900*0.25 = $225, minus whatever fees your brokerage charged you. Fortunately, you're using a discount brokerage, so the "commission" or fees aren't much. Caveat1: I'm assuming you have $40,000 floating around and are willing to lose it all quickly. Caveat2: If you're going to trade the same stock day after day, you need to maintain $25,000 in your account, because you're a "pattern day trader."
My brother thought he could work a variant of this with options. I did the math, and noticed that brokerage fees would eat up all the gains, and I'd be right back where I started even if everything worked perfectly.
Usual Disclaimer: I don't know what I'm talking about, so I hope you're not taking this seriously. You're responsible for any financial decisions you make, not me. Don't blame my brother either. |
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jbmaher
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Start with at least 5000 dollars. Do your research and be extremely diligent. Be obsessed with the market and understand why the market makes the moves that it does.
I am a trader but I couldn't be considered a "day trader" because that generally refers to the people that do buying and selling in one day. I hold my stocks from 1 week to 6 months. Patience is a virtue as well as a love for business.
If you have anymore questions please feel free to contact me further I would love to try and help. |
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Frank Castle
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You cannot be a daytrader if you are a beginner. |
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