Quote:
Originally posted by woj
Problem is that if you start small the commissions will destroy your profits. If you want to make some money fast, you are better of investing in smaller companies long term or maybe perhaps buying options.
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Invest in a solid deversified portofilio with short, mid-ranged stocks. You will see a 10% return/year. (doable) And you won't lose your money.
On the other hand -> start daytrading with lets say 50K$ times 4 = 200K$, lose half of it -> than you're 100K$ in the hole.. you than lost ALL your money and you need to find 50K to pay your debt...