Day Trading Stocks Rockstar Intro on Basics

You not thinking the whole picture, you going to need $27,000 not just $25,000.

According to my stock market expert friend, there are chance that you going to need even more money just to float and anchor til you get a hot stock to daytrade on.

Last week, we are having those gas price problem and it killing the stock market creating a huge momentum where it too expensive to daytrade.

This guy is correct and the video does not talk about this - you need $25,000 to start off a level II day trading account. It's not 'simply' $2,000...

90% lose. 10% earn.

so be in the 10%.

Day Trading is NOT gambling. You can't control dice but you CAN control your trades, you can manage risk.

Im looking to start out in the stock market, maybe day trading, not sure where to start. I have plenty of time to do so throughout the day when the markets open. Just not too sure where to start. If anyone could help with this I would sure appreciate it. Please just send a message and reply that way please. THANKS TO ALL

This guy is in bed with Harvey Wash.

Day trading is pretty much a crap shoot. If u want to learn about the stock market read "The Intelligent Investor" by Benjamin Graham.

Except from the cact that you are saying that you earn 50-100% a month in profit, I liked this video....

good vid. msft looking to buy baidu

Nice information.

you said it best.

could you please tell me your quote tracker settings. I just downloaded it and the charts look like ass. I really like the setup you have can you send me or link the changes you made please?

Do you have any professional experience?

Eye82: Bear stearns was OK, said their CEO and even Jim Cramer, who is just a great entertainer but awfully inconsistant.
Recently, GE, whos good earning were "in the bag" one month prior, according to their CEO, suddenly had some mysterious deterioration of their fundamentals. Can you name many other examples? I am sure that you can. What do fundamentals mean when they being to sour?

A day trader goes home flat EVERY day, to avoid the gap downs AH. NO '87 OR 2000 CRASHES. IT WOULD NOT BE.

You remind me of a young Christopher Walken. Brilliant work on the stocks too!

r u rich?

Cool WORK ! Best Job ever ! I try to do this too...in germany...
best wishes from capitalism germany.

anyway....from who is this nice music in the back ???? thanx!!!

These studies have been written by dumb academics that do not have a clue what trading is about.

If they were able making money with the classic financial theory they teach, why would they be teaching and not making money in the market? THINK!

I have considered that, however I am a few semesters from grad. and I like college life enough for the social aspects of it. Bottom line is daytrading is profitable to those who actually use proper discipline and money management.

@jar587: sounds great. i just wonder, why do you still go to college then? it seems youve found the secret to getting rich. lets say you make $375/day on average. thats $7,500/month...not bad...if day trading is oh so profitable and you guys seem to be real winners, stay at home and forget college cos your opportunity costs are way to high...ever thought of that?

forget the studies pal..buy and hold is a ridiculous strategy that academics push because theyre clueless about anything outside of a textbook..

I KNOW because I am a college student that daytrades the futures by morning and I consistently make $250-$500 a day before I even go to class. Take your skepticism elsewhere.

If you can make $500-$1000 a day...

If you subract weekends, thats
$130,000 a year for $500, $260,000 for $1000. How could you consistently produce those returns in buy and hold strategy. Even if you have $100,000, to invest, how many portfolios double every year? None.

Also how many jobs can you quit and come back to whenever you want based on your financial needs. Its also a job that you can do well past normal retirement age.

many studies showed that day trading doesnt make you more money than a simple buy and hold strategy. on the contrary, if you include transaction costs your performance will be worse...there is nothing like easy money. dont believe such promises.just buy some stocks which have the right fundamentals and leave them in your account. always look at the long run performance of such day traders. i can tell you only a few can show actual profits

How much do you earn average in a 7-day week from trading?

I would like to start day trading, I only have 2000 dollars to start, where and how ,and what website can i sign up with to start?

I would like to start day trading, I only have 2000 dollars to start, where and how ,and what website can i sign up with to start?