What software do you use that you like? What method gets you the results you want? (day, swing, long and % gain) What exactly do you do to achieve your results? Is stock trading considered self employment for tax/deduction benefits (all 3 types: day/swing/long)?
2007-01-11 13:47:12 · 5 answers · asked by mickeymouse 2 in Business & Finance ➔ Investing
I stock trade but I do it for a hoby and small.
The onlky long i do are banks.
I like research stocks(medical , cancer ect.) hbut i may try someof the new breakout electrical battery and generation stocks. I am also considering investing in alternative fuels such as corn. or othe rgrains.
2007-01-11 14:18:05 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Have you considered trading in FOREX (international currency exchange)?
With Stock trading with $25000 to start with, you can trade on one stock out of 10,000 possible choices and if it goes up by pennies you make a little money but you pay trade commissions.
In forex, with only $250.00 you trade $25,000 worth of currency and only 5 major currency pairs to choose from and no trading commissions. I would recommend a minimum of about $1k-$5K to start with though realistically. I would also spend the first 4 months "demo" trading. IE not using real money. there are several forex brokers that will let you open a demo account for 30 days at a time to try out their platforms and "learn" how to trade.
I am making about 20% per month trading forex. There is even software available that handles all the trades for you and allows you to profit even when you are not there. Best part is you can try it free for a month without risking a cent of your own money.
For more information go to www.huttoinvestmentgroup.com and check it out.
2007-01-12 00:04:44 · answer #2 · answered by Robert L 2 · 0⤊ 0⤋
I use no software. I simply research a company that iinterests me and then go to my scott trade account and buy or sell.
No formula to it for me. For some damn reason I am lucky and can't figure out why so I will just leave it alone and be happy !
2007-01-11 22:09:11 · answer #3 · answered by Kitty 6 · 0⤊ 0⤋
If you need FREE help just let me know.
You don't need any software.
Visit TradeKing if you want to open a brokerage account.
2007-01-12 00:38:09 · answer #4 · answered by Anonymous · 0⤊ 0⤋
BEST SERVICE I EVER HAVE http://www.4xgenie.com
INSTANT DESKTOP TRADE ALERT FOR FOREX.
2007-01-12 02:00:01 · answer #5 · answered by Gage 1 · 0⤊ 0⤋