I been trading on my own but i don't seem to get it. not sure everytime i get in a stock i seem to get out on a lost profit. never know when to get out. I want to do it on my own but i think i need more help. Any recommendation on a excellent broker that does day tading for u. i need a second income that bring some stability. help. thanks
2007-02-19 04:46:54 · 5 answers · asked by john doe 2 in Business & Finance ➔ Investing
Day-trading is not easy for a novice or part-time investor and in order to be done successfully you will need to put a lot of time into research and analysis of various market trends. Also, any good broker will advise you against trying to become a day-trader because of the potential losses and risks. I would personally leave day-trading to the professionals with a lot of capital and time. However, if you want to start investing successfully try to set the goals for the security that you choose as well as an appropriate exit strategy before you even make your purchase. Make sure that the goals you set include the amount of commission that you will pay to buy and sell the security. Also, and this is extremely important make sure that you purchase and sell with limit orders not market orders.
2007-02-19 05:38:29 · answer #1 · answered by BMarine 1 · 1⤊ 0⤋
Day trading almost always loses money for people.
And a broker is not allowed to do it for you.
2007-02-19 05:47:51 · answer #2 · answered by bob shark 7 · 0⤊ 0⤋
he will not be call a broker for nothing. he will make you even more broke.
hope a lesson learn. trading or i would call investment is a full time job. if you have no spare time and cash, ps don't try.
2007-02-19 04:59:30 · answer #3 · answered by Spidy Josh 2 · 2⤊ 0⤋
I have over a decade of experience daytrading.
I am currently a Portfolio Manager.
I can help you.
Top 4 Answerer.
2007-02-19 06:13:56 · answer #4 · answered by Anonymous · 0⤊ 2⤋
You need remedial English. Yes, send your money to me, oh, I lost it, sorry.
2007-02-19 04:50:02 · answer #5 · answered by Anonymous · 0⤊ 0⤋