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Discuss what's fucking going on, and which programs are best and worst. One-time "program" announcements from "established" webmasters are allowed. |
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#1 |
So Fucking Banned
Join Date: Nov 2004
Location: San Antonio, Texas
Posts: 2,544
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Day Traders?
Where do you day trade at? scottrade.com looks pretty good?
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#2 |
Too lazy to set a custom title
Industry Role:
Join Date: Aug 2002
Posts: 55,372
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my friend works at swifttrade.com in toronto
i know a few people who use them
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Since 1999: 69 Adult Industry awards for Best Hosting Company and professional excellence. ![]() WP Stuff |
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#3 |
Confirmed User
Join Date: Jun 2002
Location: MTL
Posts: 872
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netaction with the royalbank. been with them for 5 years. very happy with them.
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#4 |
Confirmed User
Join Date: Aug 2003
Location: In the hearts of cowards
Posts: 2,611
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How is day trading I know a few people that do quite well could someone give me there first hand experience
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Trust no one there all snakes |
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#5 | |
Confirmed User
Join Date: Jun 2004
Location: FL
Posts: 1,154
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Quote:
I have been doing it for almost 4 years and personally I am happy to make 2-3k per week. Serious Day Traders make much more than that and spend way more time then I do. I spend about 4 hours daily M-F and another 2-3 hours on the weekends doing research. Research is key to making money. With any of the markets you not only have to watch the stock you are buying and selling you also have to watch oil prices and other commodities as they influence all the markets. War, Interest rates and natural disasters also play a large part in the ups and downs of the markets. |
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#6 |
Bland for life
Industry Role:
Join Date: Nov 2004
Posts: 10,468
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Day Trading is risky andlike throwing away your money if you don't know what your doing.
If you want to throw away your money go with Options.
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★★★
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#7 |
Confirmed User
Join Date: Oct 2003
Posts: 413
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I used to do regular interviews with the Swift Trade guys. Man, that's scarry business, though! $100,000 buy-in and it can be gone quicker than quick! Yikes!
The one thing I learned when covering the markets was that nobody knows what they're talking about. I don't like the idea of my money being "bet" on educated guesses. But that's just me . . .
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#8 |
Confirmed User
Join Date: Feb 2002
Location: Michigan
Posts: 5,998
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I use Interactive Brokers, but I'm not a day trader.
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#9 |
The Thrilla in Manila
Join Date: Sep 2004
Location: Thurbs' Lagoon, Christmas Island
Posts: 4,785
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if you're really serious about day trading, and want to make it your lifeblood.
I'd suggest looking into something like TradeStation where you get not only a live data feed but live buy / sell processing which is faster than the usual competitor as well as the ability to trade on all the markets, like the Forex and commodities. Just my opinion because I've had great service and experience with them. Low contract rates on options trading, comission free FOREX and their stock comission rates are very competitive with a full scale depending on trade type. but like the above said, its a full time job like any other, your on the market all day, you need to keep charts / graphs and perfomance logs, and then review and improve. good luck. |
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#10 |
Confirmed User
Join Date: Aug 2004
Location: L A
Posts: 1,631
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scottrade, etrade, fidelity are a few in use.
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#11 |
Confirmed User
Join Date: Nov 2002
Location: Belgium
Posts: 7,383
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Daytrading is working for your money. Just invest your money in stocks, nice returns and no work at all...
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#12 |
Confirmed User
Join Date: Oct 2004
Location: Cold North
Posts: 557
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I use interactive brokers to, the canadian one. I used to day trade, lost a lot, won a lot, then lost a lot. Then I got tired of it, and realized you really need to have a focused frame of mind for it. So before you even start, try doing something else.
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Earn 35-50% at www.casinorevenueshare.com tony at crownvegas dot com icq 272-017-313 |
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#13 |
Confirmed User
Join Date: Aug 2001
Location: seattle, wa
Posts: 220
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if you know what your doing check out http://www.freetrade.com/
its like a $1/trade with no minimums or fees. they are like a company of ameritrade.
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Ultimate Topsite System |
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#14 |
Confirmed User
Join Date: Sep 2002
Location: Hollyweird adjacent
Posts: 977
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i use Tradestation for my commodities trading and Scottrade for equities and options....though i am moving my options trading to OptionsXpress....
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