Time to get back to Stock Market!

Yes, Stock market burned me twice but i like it! why because you can make in one day what you are making online in one month!

i used to average $500/day using day trading. someday around $1K/day but sure with lose margin! its not in your side all the way but if you have what it takes you will get it right!

Online business, hard work.. sometimes with results sometimes without. so i'm pissed off trying and trying. i used to own a real profitable business but sold it with no regret. i don't have it anymore also can't clone it.

i will be heading to NASDAQ, DJIA to meet my lovely stocks and options...

What Doesn’t Kill You Will Make You Stronger right? so i have learned my lesson.

not to mention that i will sell all websites (look at my sig)

 

If can make more than $500 a day by day trading, you would be considered a professional.
How many trades did you average per day?

 

around 4-5 trades, aim is to achieve 2-4% of my capital each day

if you know what you are doing without freaking out then you can make it, GREED and PANIC are the killers.

i will be publishing a series of tutorial very soon here

 

Can you buy stocks online with paypal?

 

quick answer is no, but i will dig for you. once you open an account with any broker you need to wire the amount to your account. i'v been dealing with many brokers all the same!

 

Lots of money to be made/lost playing options.

What type of option strategies are you going to employ? Covered calls? Naked puts? Straddles?

Hope you understand the option pricing model and implied volatility. Otherwise, you will run into the same pitfalls as the majority of option investors.

 

guru, are you in the options game?

 

sorry guys, am not into options game! i only play stocks. E-mini Futures very soon

 

Why not trade and be a webmaster at the same time? That’s what I do.

Make a blog or forum about stocks.

I just made a forum for myself - it's very new, but maybe you can take inspiration from it ..

www.e-investing.in

Being a webmaster is a better option. It may mean hard work, but is definitely less stressful

 

no time my friend...
if i trade, i stick with the chair for 4 hours not to mention the tense so i end up exhausted.

 

Do you ever speculate on earnings?

 

sometimes stocks are much better, i mean just buy and sell and you are done, though risk is lot high, but with good stocks not a problem, i have purchased few stocks recently they doin well,not a day trader though jus buy them for investment sake.
its so easy money , jus a game of mind and luck

 

can't agree more! daytrading require patience, strong nerves, guts.

if you are looking for tense-free trading go for swing and forget about day trading! even with well known stocks that barely moves you can still lose good money.

i run a strategy whereby i aim to get 1-2% of each trade i get in... thats no much but doing it 3-4 times a day will do the job.

if you control it omitting the greed and fear you will win the game. i know its easy talk but i have been there and i know what am saying

listen to this story: back to when i first started i used to gain around $1200/day pure profit, day by day i went more greedy to gain more money so i changed my target to be $2000/day !! thats $40,000 / month

anyway i kept doing what i was doing but with greed to eat more....until the market ate my capital along with all my profits.. how? when you put a target to achieve mentally you stick with it even though its far or near it so you will stick with your positions until your aim is reached.
without knowing i used to lose around 1K /day trying to profit more. you will get blind trying to win while you are losing!!!

 

$2,000/day is $60,000/month not $40,000.

 

20 trading days in a month.

 

ArcticPro: its 20 days trading as sachin said. market is closed on sat, sun

 

ecommerce_guru: are you professional or self-educated in stock market?
I'm also thinking of trying this.

 

Well i am mix of both. dealing with it in a professional way using what i have learned.

Anyway as i said earlier i will be posting a series of trading tutorial.

 

No options? Hmm...

You are either playing with a lot of capital or highly volatile stocks. I can see it with the penny stocks (under $5) more than anything. But those are easily manipulated by the market makers.

 

am playing with high capital , sometimes with margin. and by the way i don't play penny stocks.. as you said its too risky unless you want to through away some $$