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Old 10-07-2007, 12:04 PM   #1
GITZINGER
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Gonna take $500,000 and use it for day trading, anyone have tips?

I've been doing it off and on for about a month using only about $32k. Made quite a bit of money, now I want to go after some serious profits.

I realize the potential risks...
Who here has experience with this?

Give me your GFY advice peoples!!!
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Old 10-07-2007, 12:07 PM   #2
Iron Fist
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buy low... sell high.
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Old 10-07-2007, 12:07 PM   #3
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Invest it in the banana trade from south america.
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Old 10-07-2007, 12:07 PM   #4
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invest in zango.
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Old 10-07-2007, 12:07 PM   #5
Retributi0n
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you can lose it as fast as you can make it.

I would put it into good real estate. Never lose money that way.
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Old 10-07-2007, 12:08 PM   #6
GITZINGER
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Quote:
Originally Posted by A1R3K View Post
Invest it in the banana trade from south america.
WOOT!! That's how I made the first $500k
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Old 10-07-2007, 12:23 PM   #7
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Quote:
Originally Posted by GITZINGER View Post
I've been doing it off and on for about a month using only about $32k. Made quite a bit of money, now I want to go after some serious profits.

I realize the potential risks...
Who here has experience with this?

Give me your GFY advice peoples!!!
I wouldn't even think about risking that much, unless you don't care about the money. Why not start with $100k if you want a big amount and earn $500k then use $500k to trade with.
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Old 10-07-2007, 12:25 PM   #8
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Invest it in a safe high return fund and then use the time you would waste day trading to make more cash.

Take a look at AGF701 ... It's a Chinese focus fund and it has done 107% in the last year.

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Old 10-07-2007, 12:31 PM   #9
GITZINGER
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Originally Posted by Shoplifter View Post
Invest it in a safe high return fund and then use the time you would waste day trading to make more cash.

Take a look at AGF701 ... It's a Chinese focus fund and it has done 107% in the last year.

interesting, thanks.
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Old 10-07-2007, 12:35 PM   #10
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buy apple..its right before the holidays and is expected to do some serious numbers.
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Old 10-07-2007, 12:41 PM   #11
RayBonga
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All on the red!
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Old 10-07-2007, 12:55 PM   #12
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-Subscribe to Value Line
-Every issue choose the top industry
-Choose the top stock in that industry
That would be a simplistic approach to a low to medium risk stock buying...
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Old 10-07-2007, 01:04 PM   #13
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any other stock suggestions ?
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Old 10-07-2007, 01:12 PM   #14
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if u want to make lots of money, take your $500k and leverage it up
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Old 10-07-2007, 01:17 PM   #15
eroswebmaster
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Okay, here's an amazing tip.

You need old currency, but take $100K of your $500K and build a time machine, then buy about $100K of old currency. Go back in time and buy, IBM, Microsoft, Apple, and Wal-Mart
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Old 10-07-2007, 01:21 PM   #16
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Originally Posted by eroswebmaster View Post
Okay, here's an amazing tip.

You need old currency, but take $100K of your $500K and build a time machine, then buy about $100K of old currency. Go back in time and buy, IBM, Microsoft, Apple, and Wal-Mart
, I wish!!
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Old 10-07-2007, 01:22 PM   #17
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, I wish!!
So do I I'm always a day late, and a dollar short.
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Old 10-07-2007, 01:32 PM   #18
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Change it in CAN$ wait a couple of months, change back in $US...
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Old 10-07-2007, 01:35 PM   #19
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Buy Nintendo

NTDOY
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Old 10-07-2007, 02:08 PM   #20
BigDeanEvans
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Buy 3000 shares of APPL first thing monday morning

blowout earnings coming on 22-Oct-07
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Old 10-07-2007, 03:03 PM   #21
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Change it in CAN$ wait a couple of months, change back in $US...
It's called DAY trading.
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Old 10-07-2007, 03:12 PM   #22
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Buy el paso energy..Great story. cant go wrong with natural gas especially right before the winter. EP on the NYSE
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Old 10-07-2007, 03:25 PM   #23
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Learn to read charts; technical indicators, moving averages, etc... Learn the basics and it will save your ass. You can pretty much predict when to buy and when to sell.

Get a membership at stockcharts.com
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Old 10-08-2007, 01:24 PM   #24
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Buy 3000 shares of APPL first thing monday morning

blowout earnings coming on 22-Oct-07
+ 6.4601

would have been a nice $18,000 gain for you if you did

i've had 4k shares since 141
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Old 10-08-2007, 01:34 PM   #25
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grab a box of matches, and set it on fire, you done!
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Old 10-08-2007, 01:36 PM   #26
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Originally Posted by davyJF99 View Post
Change it in CAN$ wait a couple of months, change back in $US...
Seriously - true.

$500K dumped into the Canadian market five years ago would have returned $1,100,00 now - without any work
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Old 10-08-2007, 01:53 PM   #27
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remove money from wallet...light on fire...stand back and watch. or become a "daytrader", either way you'll be out $500K....
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