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Hello, My name is Jacob Schneider, I live in New York and would like to be a part of this group, if theres any spots left, please?. I will not be investing until the second week in Feb. I have a big closing and I am going to do this! I have been wanting to daytrade for a while. Soon enough! I am looking forward to hearing from you soon! Thanks
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I have been following a few on paper. Iam still in the stages of deciding Ameritrade or ChoiceTrade? Any thoughts? But boy, I want to hit a penny that explodes!!! But I have to keep in mind I just want to make atleast $ 75 to $100 a day trading and to not get greedy and lose ALL!
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I do that with cnese it moves 4 points a day like a wave i buy in the morning sell in the afternoon... ameritrade will let you do this 4 times a week... but i got caught once so I am on probation...you have to put up 25k to day trade.
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quote:Originally posted by Thorn: It's more of an award than a club -- seeing if you can find a stock that will result in 100k starting with 1k. You can "join" anytime.
Actually its more like you start with 1K and you build it up to 100K by one years time.. not with only one stock...but what can you do with several stocks over a year's time... You probably misread the introduction to the forum...
-------------------- Let the world change you... And you can change the world.
quote:Originally posted by Nicholas: If I had $1000 I would join, but with what I have thats impossible, commissions kill someone trading $100 at a time lol
Trade pennies 500 shares at a time.. when one of them goes up .20 per share.. you made $100 (before commission so probably best to let it go a little higher to cover commission).. after that you have $200 to play with.. but always put a stop/loss to limit ur losses and protect your profits.. keep doing this.. making $100 profit at a time and before you know it you have a big enough bankroll to play with $500 or more at a time...
-------------------- Let the world change you... And you can change the world.