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!!!

buy low... sell high.

Invest it in the banana trade from south america.

invest in zango.

you can lose it as fast as you can make it.

I would put it into good real estate. Never lose money that way.

WOOT!! That's how I made the first $500k :1orglaugh

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.

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.

:pimp

interesting, thanks.

buy apple..its right before the holidays and is expected to do some serious numbers.

All on the red!

-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...

any other stock suggestions ?

if u want to make lots of money, take your $500k and leverage it up

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

:1orglaugh:1orglaugh, I wish!!

So do I:Oh crap I'm always a day late, and a dollar short.

Change it in CAN$ wait a couple of months, change back in $US...:1orglaugh

Buy Nintendo

NTDOY

Buy 3000 shares of APPL first thing monday morning

blowout earnings coming on 22-Oct-07

It's called DAY trading.:1orglaugh

Buy el paso energy..Great story. cant go wrong with natural gas especially right before the winter. EP on the NYSE

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

+ 6.4601

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

i've had 4k shares since 141 :pimp

grab a box of matches, and set it on fire, you done!

Seriously - true.

$500K dumped into the Canadian market five years ago would have returned $1,100,00 now - without any work :thumbsup

remove money from wallet...light on fire...stand back and watch. or become a "daytrader", either way you'll be out $500K....