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I started investing a year ago with $2000. Made $1500 in the nasdaq then came to the pennies, invested another $500 and am now out of stocks with about $1300, down 1200. took a beating in GWAD, $1500 to $1.00...
I have since transferred colleges and now attend the university of Hawaii, so I am now 6 hours behind the market. When I wake up it is about 2-3pm back on the east.
Any tips for trading? I've been out with my beating for a while but have not given up - im ready to jump back in to get some bones back... but this time difference is killer. Any advice for the scenerio?
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Learn to trade options and only trade the end of day or near expiration. ( Expiration is 3rd friday of month )
Posts: 3417 | From: Cleveland, Ohio | Registered: Jan 2000
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ID - Try this, its been working for me. Great to start while young and also while old.
Start with $5000 or $2500. I'll use $5000 as the example. If you managed to make only 10% per trade each month, just 10% on 1 trade a month! You could end up with $1.5 Million in just 5 years. http://www.rollercoasterstocks.com/building-investment.html
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