Online Trading Stock Market and Swing Trading Discussion for the day Mar 13, 2010
Author:
www.todaytrader.com.Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. todaytrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least $25000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
gold has been trading really ugly lately even with the DXY weakening. What do you make of that? More gold sellers than dollar sellers? Gold opened the week around 1140 and closed at 1100 even with a weak DXY all week long, i was disapointed
Yes it seems to have disconnected from the dollar. , GLD the commidity that is. Now the GDX miners have been holding up better. 110 is still a big level to watch in GLD. Good observation. Also the Euro pop maybe more responsible for the drop in USD right now and Gold just doesn’t seem to care at the moment
what is the program yall are using… im 19 and im getting a 1600 dollar tax return do you think i could start investing with that or should i wait?
@parrish1108
This charting program is called e-signal. You should wait, have about $5000 before even thinking to start.
i started investing with $2000 when i was 21
With Market going to highs, people might be worrying they are not going to catch another huge up-move. So it Makes sense that GLD is selling off (kinda) while Market goes to 52-week highs
I started investing with $1000 when i was 16. Daytrading when I was 18. @Parrish1108 Start now. But be wise. Cut your losses quick and let your winners ride. Dont just follishly toss it at a stock you like and hope for it to go up. Do research and learn some basic techincal analysis so you minimize risk and maximize reward.
wait until you are properly capitalized, I’d suggest $5.000 as a minimum amount to trade with. However to daytrade stocks you need to maintain $25.000 in your equity.