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Getbig Main Boards => Politics and Political Issues Board => Topic started by: JOHN MATRIX on January 26, 2009, 01:24:18 PM

Title: any of you make money by day trading?
Post by: JOHN MATRIX on January 26, 2009, 01:24:18 PM

are any of you experienced with this?
ive recently started getting into this, started out as a complete, TOTAL noobie...ive made alot of fundamental mistakes so far cause im learning as i go along, but it seems to me like it wouldnt take a rocket scientist to make a decent living off day trading alone, my goal is to not have to have a regular job ever again
Title: Re: any of you make money by day trading?
Post by: Dan-O on January 26, 2009, 01:46:42 PM
are any of you experienced with this?
ive recently started getting into this, started out as a complete, TOTAL noobie...ive made alot of fundamental mistakes so far cause im learning as i go along, but it seems to me like it wouldnt take a rocket scientist to make a decent living off day trading alone, my goal is to not have to have a regular job ever again

Have you heard the old joke?

Q:  How do you end up with $1,000,000.00 doing day trading?

A:  You start out with $2,000,000.00!
Title: Re: any of you make money by day trading?
Post by: headhuntersix on January 26, 2009, 04:16:36 PM
One of the guys in my office was a cop before coming back on active duty. He had a partner who quit the KC PD to day trade..he was back on the beat in 6 months. I hope ur mistakes aren't killing u financially.
Title: Re: any of you make money by day trading?
Post by: bigdumbbell on January 26, 2009, 08:51:07 PM
me? never tried it but i've seen lives wrecked by it
Title: Re: any of you make money by day trading?
Post by: tonymctones on January 26, 2009, 09:14:23 PM
i think youd be better off playing poker online at least with that the money is somewhat in your hand.
Title: Re: any of you make money by day trading?
Post by: LurkerNoMore on January 27, 2009, 06:39:01 AM
Day trading is like a financial crack habit.

You would probably come out better in the long run just purchasing odds and ends penny stock and keeping your fingers crossed for a year or so.

Unfortunately, I have no idea which penny stocks is worth anything now.

Are you using E-trade or Ameritrade?
Title: Re: any of you make money by day trading?
Post by: Hereford on January 27, 2009, 08:48:18 AM
I typically make a little on a lot of trades, then lose my ass every so often on one.

It typically is a wash at the end of the year... but it's sure fun!
Title: Re: any of you make money by day trading?
Post by: JOHN MATRIX on January 27, 2009, 12:53:45 PM
Day trading is like a financial crack habit.

You would probably come out better in the long run just purchasing odds and ends penny stock and keeping your fingers crossed for a year or so.

Unfortunately, I have no idea which penny stocks is worth anything now.

Are you using E-trade or Ameritrade?

im using scottrade. so far it seems pretty easy, watch a particular stock for a while, wait for a dip, buy a little, in a few days it goes up a small percent, sell for a small profit. its better to do little by little; you arent making alot at first, but you minimize the risk and almost ensure at least a small gain. you gotta watch it every day though