2007-08-02 04:36:51 · 7 answers · asked by michael d 2 in Business & Finance ➔ Investing
You can be an active trader, but you will need to pay for up to the minute quotes on sotck movements. The term dDay trading" just implies that you don't have any other source sof income except from profits from your trading activities.
2007-08-02 04:46:48 · answer #1 · answered by PK 5 · 0⤊ 0⤋
If you make informed decisions and approach your penny stock investments with the same thoroughness that you’d use in your other investments, you too can unlock a whole lot of profit potential. Learn here https://tr.im/wvQ37
It’s absolutely true that penny stock investors can make very quick gains. Synutra International, Inc. (NASDAQ: SYUT) is a great example of a penny stock. This dairy-based, nutritional-products company has jumped from a little Bulletin Board operation to a billion dollar corporation. The company finally graduated from Over-the-Counter status to the NASDAQ Stock Market bringing with it 113% gains in less than two months.
This happens all the time and it’s how some of the best investors in the world became the richest investors in the world. Buying some shares for pennies on the dollar and selling at $10 or $20 is possibly the fastest way from being a hobby investor to a super investor
2016-02-16 12:11:30 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Hi,
Even large scale investors don't spend more than a couple of hours a day on stock trading. It just requires some prudent moves and expert guidances to keep you moving in stock markets. It will never take much of your time once you have learned the key tricks of trading. You can visit http://stocks.advisorinternet.info for some useful tips. Good luck!
2007-08-02 04:42:06 · answer #3 · answered by Anonymous · 0⤊ 0⤋
You can't....
... to successfully 'day trade' you MUST keep an eye on the screen every minute you are invested .. if prices go the wrong way and you fail to act, they can bankrupt you in minutes .. if they go the right way, you may have seconds to take your profits before the opportunity is lost ..
NB. Every 'day trading' package I have come across requires you to open ports in your Fire Wall (good luck explaining that to your Company IT Manager)...
2007-08-03 02:01:18 · answer #4 · answered by Steve B 7 · 0⤊ 0⤋
You are going to lose money if you try to day trade, especially now with most stocks going down. Trading trends is much easier and more lucrative.
2007-08-02 05:21:16 · answer #5 · answered by Anonymous · 0⤊ 0⤋
hmm You probably CAN'T! Unless, you work at a computer all day.
Why would you WANT to anyway?
2007-08-05 20:31:07 · answer #6 · answered by ol_skater_boy 2 · 0⤊ 0⤋
Just hire me as your Portfolio Manager.
2007-08-03 12:51:31 · answer #7 · answered by Anonymous · 0⤊ 1⤋