who sit next to the computer all day and trade stocks. When the stock is going down they buy it and when its going up they sell it. I was wondering if that is true that you can do all the trading on your computer without leaving home or asking some one elsse to do it. And if it is true, then is it available to everyone, or you have to be a broker. And if you don't have to be a broker, then how does it work?
2006-08-02 06:00:21 · 2 answers · asked by Arthur 1 in Business & Finance ➔ Investing
What you are describing is called day-trading. It's entirely possible to do from home; there are only two questions: (1) where do you get starting capital?, and (2) do you have a strategy that allows you to win consistently? Plenty of day-traders go belly-up or quit after incurring heavy losses...
2006-08-02 06:30:04 · answer #1 · answered by NC 7 · 0⤊ 1⤋
No you do not have got to be a dealer, however it is a top chance method to make investments. A larger approach for so much persons is to shop for shares in an situated enterprise that you simply believe will maintain to develop, and grasp directly to it by way of the americaand downs, even for years. It would possibly move approach up ultimately. Most persons hand their cash over to a dealer and comply with their recommendation, however you'll open a self directed brokerage account as a substitute. I have one by way of my financial institution and I can do the whole lot from the laptop.
2016-08-28 13:56:20 · answer #2 · answered by ? 4 · 0⤊ 0⤋