4 ms·
Day trading
by xoxoy 6y ago
Day trading
- maest 6y agoPlease don't.
- xoxoy 6y agoIt’s in all seriousness is a day trading market right now
- snazz 6y agoIt might be a good time for day trading, but it's probably not the kind of stable, safe income that an unemployed person needs.
- ge96 6y agoyou have to have $25K right to be able to do this? (day trade)
- quickthrowman 6y agoYou can day trade futures with any account size as long as you can meet the margin requirements of your broker. It is a really bad suggestion for this thread, futures trading is hard and emotionally taxing and most people lose money.
- ge96 6y ago> as long as you can meet the margin requirements of your broker I see thanks for the info
- koheripbal 6y agoIn this market over the last two months, that's how I've made more money than I have in the entire last 3-4 years combined. Crazy. ...but that opportunity is probably overish. Also, "day" trading is usually bad - buying the dip and selling the excitement on a week/month basis takes much less time and is much safer.
- xoxoy 6y agoI don’t think so. I don’t see how the Fed can do anything about demand or a second virus wave or delay in vaccine. The market is pricing in a perfect recovery. Will likely be a decent short opportunity soon.
- koheripbal 6y agoI disagree. The Fed is printing so much money that you have to remember that all those stocks are priced in now diluted dollars. The worst thing you can do is keep your money in cash. When inflation kicks in, the companies will raise their product prices, and their stocks will inflate accordingly. Meanwhile the purchasing power of your savings will dwindle. This is also why real estate is going up despite the pandemic.
- sizzle 6y agoWhat about precious metals?
- slothtrop 6y agoCall options I guess? I endeavored to just buy stock during the dip for unfairly devalued blue chips but not impressed with my return.
- ghostbrainalpha 6y agoYou mind sharing a couple of your big wins? How many trades a day were you actually making?