i want to learn how to daytrade. maybe take a practice run for a couple of weeks. any good websites?
2006-09-13 09:39:35 · 5 answers · asked by courisousgeorge 1 in Business & Finance ➔ Investing
Have you read John Carter's book yet? Mastering the Trade.
Also read Tom Busby's book, Winning the Day Trading Game.
They'll give you a good primer. Fantastic books to get you started. After that, you'll have a much better sense on what and where to go next.
One option would be to work with a mentor. Todd Mitchell looks interesting at toddmitchell.com for trading.
Though if you go to daytrading, you'll need to practice a lot more than a couple of weeks. Most successful day traders I know practiced at least months before being somewhat successful as there's all sorts of nuances, the shorter the timeframe that you trade in.
Let me know if you have any questions.
Hope that helps!
2006-09-13 09:43:47 · answer #1 · answered by Yada Yada Yada 7 · 2⤊ 0⤋
Penny stocks are loosely categorized companies with share prices of below $5 and with market caps of under $200 million. They are sometimes referred to as "the slot machines of the equity market" because of the money involved. There may be a good place for penny stocks in the portfolio of an experienced, advanced investor, however, if you follow this guide you will learn the most efficient strategies https://tr.im/e3f14
2015-01-25 00:20:27 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I don't want to list any "for profit" sites that may be competing with Yahoo.
I like to visit http://winners-and-losers.com/ several times a day in order to get ideas on oversold stocks and stocks that are breaking out.
2006-09-13 09:48:16 · answer #3 · answered by Lynn S 1 · 0⤊ 0⤋
Online sites:
http://www.bernanke.cn/stock-trade/...
http://www.stock-trading.jims-info.com/....
http://money.howstuffworks.com/......
http://www.investopedia.com/
http://sharebuilder.com/
www.stockcharts.com
Day Trading World:
http://www.daytradingworld.com/...
Daytrader's Bulletin:
http://www.daytradersbulletin.com/...
About.com: 'Becoming a Day Trader'
http://daytrading.about.com/cs/education...
About.com: 'Day Trading'
http://daytrading.about.com/#b
AskMen.com: 'How To Become A Day Trader'
http://www.askmen.com/money/investing_10...
2006-09-13 15:16:09 · answer #4 · answered by dredude52 6 · 0⤊ 1⤋
I would look into the terms "swing trading" as opposed to "day trading".
2006-09-13 11:01:14 · answer #5 · answered by clay_davis_baltimore 1 · 1⤊ 0⤋
Visit http://net-new.blogspot.com
2006-09-13 16:23:44 · answer #6 · answered by netnew 7 · 0⤊ 0⤋
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2006-09-13 09:47:28 · answer #7 · answered by Anonymous · 0⤊ 1⤋