Thursday, March 26th, 2015

Question about stock trading..I want to buy and sell stock daily and wondering how does day trading work?

I am interested in the purchase of 2,000 d? Dollars in shares and then sell it if I can benefit at least $ 75 sale. I’m interested in doing this twice a week, but s? What it har? if I can sell and profit out of the city’s first purchase. “C” mo I can do this, bc S? there are different restrictions and delays in the liquidation BC? n values.

Comments

5 Responses to “Question about stock trading..I want to buy and sell stock daily and wondering how does day trading work?”
  1. Nice says:

    I answered a similar question asked by someone else as seen below:

    Check out http://www.forexscalping.biz
    for investing tips in forex.

    Don’t put all your money into
    investing but with forex UNLIKE stocks or futures
    the minimum investing amount is much much lower
    and greater potential for profit.

    This is not investing advice but a suggestion to explore and judge
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    without investing too much upfront.

    Judge for yourself.

  2. MVD34 says:

    The technical definition of day trading is someone who buys and sells the same stock on the same day…but I don’t think that is really what you are asking.

    I think what you are asking is will this work? Can I make money doing this?

    The answer to that question is, no, you cannot.

    In general, trading stock (which is really what you are talking about, not day trading) requires significantly more cash (> $100,000) and experience to turn into a profitable business. Even then, most people fail.

    Long term investing — a rate of 7%-11% per year on average over ten year periods — is much more reasonable and reliable.

  3. John S says:

    If you only plan to do only two day trades a week, there’s no additional restrictions. You buy and sell stocks the same way, exept that you exit all positions before the closing bell.

    The T+3 settlement does not affect your ability to open new positions even if your previous trades have not yet settled.

    The SEC requires a “pattern day trader”, ie. someone who excutes more than three day trades in any five consecutive trading days, to maintain at least $25,000 account equity.

  4. Paul says:

    Unfortunately, it is just simply not that easy. If it was, EVERYONE would do it and we would all be toasting ourselves as our yachts rafted together in St. Lucia.

    Yes there are restrictions and those are a few mouse clicks and keystrokes away. Do your research.

    If you “will only do it if I can sell and profit off of the first stocks (you) buy” then don’t do it. You might get lucky or you might not.

    Did you have any idea at all this morning where Boeing was going to close at this afternoon? Or Alcoa? Or 3M? Of course not. No one did (and don’t let anyone tell you different). Day trading is not for the timid nor is it for people with a low tolerance for risk. If you want to learn how to do it, unfortunately for you, it is going to take much more than simply asking a question on Yahoo Answers.

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