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View Full Version : Anyone here day trade? Do stockmarket?


poido123
09-30-2015, 06:06 PM
I'm looking to get involved as a day trader.

I have done sales in stockmarket companies and have a relatively basic understanding of the different terminology and how it works.


Anyone recommend some good books to read? Or best trading strategy?

So many different options out there, I prefer to stay away from FX and futures.


Im about to start on a Daryl Guppy book about snapshot trading...
poido123
09-30-2015, 06:20 PM
No one getting ahead in life :lol


Sad times.


Comon, there must be a few of you
GIF REACTION
09-30-2015, 06:29 PM
We're the eagles

The West Coast Eagles

And we're here

To show you why

We're the big birds

King of the big game

We're the Eagles

We're flying high
NBAplayoffs2001
09-30-2015, 06:41 PM
Did simulated trading in high school for a project. We started with $30k and ended the semester at -$14k because one of our partners invested into a stock for a company that went bankrupt and it was 2008 so... :confusedshrug:

My stocks profited about like 30% though.
poido123
09-30-2015, 07:22 PM
Did simulated trading in high school for a project. We started with $30k and ended the semester at -$14k because one of our partners invested into a stock for a company that went bankrupt and it was 2008 so... :confusedshrug:

My stocks profited about like 30% though.


Not bad.

did you continue with the trading? Or stopped at school...
nathanjizzle
09-30-2015, 08:05 PM
Mutual funds people, with atleast 20k.
poido123
09-30-2015, 08:17 PM
Mutual funds people, with atleast 20k.


Mutual funds? I was thinking managed funds when you said that.

Can you elaborate a bit
NBAplayoffs2001
09-30-2015, 08:31 PM
Not bad.

did you continue with the trading? Or stopped at school...

It was a yahoo simulation. Most investors I know hold onto big name stocks for a long time but rarely sell them.

Some really rich kid from Miami in college day traded. Besides that, I haven't heard of anyone else I've heard of day trade consistently.
DCL
10-01-2015, 03:37 AM
less than 1% of traders beat the market index return over a 20-year period.

the odds of fantastic failure in daytrading are remarkable if you're in it long enough.
ISHGoat
10-01-2015, 07:02 AM
less than 1% of traders beat the market index return over a 20-year period.

the odds of fantastic failure in daytrading are remarkable if you're in it long enough.

This.

Op do yourself a favor and buy vanguard index funds. Read up on index funds and ETFs (exchange traded funds)