Online Trading and Stock Market help day Feb 18, 2010
www.todaytrader.com.Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. todaytrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least $25000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
March 30th, 2010 at 9:44 pm
busystock d-o-t-c-o-m the stock screener built for traders
March 30th, 2010 at 10:12 pm
I meant bear candle
March 30th, 2010 at 10:32 pm
You said you went long on yahoo right after the powerful bull candle? I don’t get it. At what point did you take your position?
March 30th, 2010 at 11:21 pm
Nice explanation goldenshots. I would add that a 25k account and 4:1 intraday bp you can take that 100k bp and buy 100k worth of xyz and sell it a minute later and repeat all day. So you could effectively trade over 1 mill dollars of equities in a day very easily. Actually a electronic direct access broker such as Lightspeed will require 27.5k to open a day trade margin account. This give the account a little wiggle room of 2500before it drops below the SEC required minimum balance of 25k.
March 31st, 2010 at 12:03 am
I agree with @wisheye1….But just for a heads up, most brokers give you 4X intraday buying power (if you have no positions held overnight in that account)…So a person with a minimum of $25,000 has buying power of 100,000….
Use your imagination lol
March 31st, 2010 at 12:20 am
It’s really not prudent to ask someone how much equity is in there account.
March 31st, 2010 at 12:22 am
If you listen to the video and listen to how many shares he buys of either with Apple or Microsoft, it will give you kind of an idea. –In order to make money, most of the time you need money!
March 31st, 2010 at 12:42 am
@andyatm2000 Thank you.. however I was wondering more ~ how much money you had traded with.
March 31st, 2010 at 1:30 am
I think I traded about 70k shares give or take a few hundred
March 31st, 2010 at 2:10 am
how much do you trade dude ? 1 mil
March 31st, 2010 at 2:52 am
I meant to say strong pullback rather than a double dip
March 31st, 2010 at 3:15 am
Hey I like your videos and I think they’re insightful.
If you guys appreciate technical analysis, look at to go in Goldcorp at $33. It is a very strong technical floor. There will be a double dip soon.
BTW (for the author), can I ask you how technical worked for you in the long term? Do you also use fundamental analysis?
March 31st, 2010 at 3:25 am
Good video
March 31st, 2010 at 3:43 am
You said you made $1,300 gross, $1,000 net.
How much did ya trade with?
March 31st, 2010 at 4:15 am
Great videos, very informative! Like it when you talk about more swing stuff.
March 31st, 2010 at 4:19 am
How do you search stocks for swing trading?