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Sweaters & Cardigans User account menu Day Trade: (Buy 1 ABC, Sell 10 ABC) AndreyPopov/Getty Images Marc Personal Consequently, only day trade what you can afford to lose, and avoid using money you need for living expenses. If you are borrowing from a firm as part of your trading activities, make sure that you fully understand the rules and the associated margin call; you must be aware of what will trigger the demand for you to deposit further cash or securities to cover possible losses. For those new to day trading, using the margin is not advisable until you have a lot of practice. Reviews CMS Prepaid Card Sell your clothes on ThredUP All Tools and Calculators... Regulation This post may contain affiliate links. Policy Page

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Racing Honestly this sounds like a post from some one who tried day trading and crashed and burned and is a little bit bitter about it. I know many people (most of them close family friends) who day trade and make a substantial living from it. Through perseverance and dedication they made it work for them, so much so that they were able to retire early than most and thus able to have more time for family and friends. You mentioned suicide, the only reason anyone would consider this is because they relied on day trading as a “last resort” so to speak. Anybody doing this is going to get bitten, but for those that have made it their career, have weighed the pros and cons, obviously have got a balance of them in place to the extent that they are confident to do it for the rest of their lives. Suicide is a strong word to throw around and if it ever gets like that for you then obviously you’re in the wrong proffesion. NerdWallet rating Of course there are valid systems that hold overnight but you are subject to a lot more uncontrolled variables including overnight gaps and overall market fluctuations. I like being *done* at the end of the day, win or lose. earnforex | trading software earnforex | foreign exchange trading for beginners earnforex | how to trade currency and make money
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