2007-06-05 08:50:47 · 4 answers · asked by rajesh g 1 in Business & Finance ➔ Investing
Buy low and sell high. Basically do your research, and look at the company's information, financials, etc, what the insiders are doing with the stock. But pretty much your guess or stock pick will be just as good as mine.
2007-06-05 08:54:52 · answer #1 · answered by Anonymous · 0⤊ 0⤋
I agree with Ralfcoder. I tried day trading, buy low, see high. The problem was what I thought was the low, wasn't. The stock (QQQQ) tanked and I lost money. I don't day trade anymore. I have long-term investments that I follow, but leave alone.
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2007-06-05 09:30:03 · answer #2 · answered by Robert L 7 · 0⤊ 0⤋
You can easily double your money this way:
Take it out of your wallet, fold it in half, and put it back into your wallet.
Day trading is a risky gamble if you're not an expert. Even experts don't do well all the time. You're more likely to make money in the market by using dollar cost averaging.
2007-06-05 08:54:58 · answer #3 · answered by Ralfcoder 7 · 3⤊ 0⤋
I think BizWorldGuide will be helpful in your situation. See the link Below:
www.bizworldguide .com/day_trading.html
I am positive, you'll find it interesting and useful.
Good Luck
2007-06-05 09:46:03 · answer #4 · answered by Anonymous · 0⤊ 0⤋