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Any day traders here???

jb160 said:
I was curious about this thing I saw on tv called trend trading anyone ever heard of it?

I've been trading net profitable for a few years now.

Don't buy into any bullshit you see on T.V. You need a broker who'll charge you commissions, add those to the fees you'll pay to the "Trend Trading" service and you might as well be broke.

If you are serious about going full-time, find a prop shop that will fund your training period (expect to go at least 3 months without getting paid, if at all) and go to town.

If you are just planning on dabbling part-time, SEC rules dictate that you must have 25,000 equity to day-trade. There are many ways around this, however.

If you can become profitable (and I don't mean two hundred bucks a day profitable) then there is no better job.
 
jb160 said:
I was curious about this thing I saw on tv called trend trading anyone ever heard of it?
there are trend traders there are counter trend traders
arbitrage traders

its almost as dumb as the channeling stocks commercial lol..these people are the ones stealing your money..sure it looks good and you may even have a few winners but bottom line is theyre a rip off lol
 
An earnings momentum investor is not day trading.

What you are refering to is called TA, or technical analysis.


BTW,


I double my cash every year.

.
 
Dirk Howat said:
Earnings momentum is not day trading.

What you are refering to is called TA, or technical analysis.


.

you do realize earnings momentum can be forged as well dont you?
earnings willnot help you get in and out of a financial product on a daily or hourly basis
 
wnt2bBeast said:
you do realize earnings momentum can be forged as well dont you?
earnings willnot help you get in and out of a financial product on a daily or hourly basis


Of course. You look at real earnings which takes away one time exceptions.


Such as:

tax credits
legal breaks



.
 
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