There is just so much great trading happening at www.daytradingradio.com that I wanted to share a couple gems and trades we are in and looking at. This is just the beginning of the watch list video that goes out every Friday. I am sure you will gain a few nuggets of info that will turn into profits next week. Enjoy. Resources Overview lovelyday12/Getty Images Bank Account Promotions Our psychology has a massive impact on the success or failure we will find so it is in your best interest to approach the session in a balanced frame of mind. Fraud 13. Tutoring Loans Open Government Take advantage of tax laws if you're self-employed. Money saved on taxes is still money saved. You may be able to deduct many of your business expenses (use of your home, use of your car, office supplies, etc.) if you keep good records. You may also qualify for tax breaks, such as deducting your health insurance premiums on your tax return. These laws are in place to encourage commerce and business growth, so don't neglect their benefits especially if you want to make money. DayTraderRockStar PCG 03/09 02/07 40.07 41.91 73.60 PRO PROGRAM RG The requested URL was not found on this server. That’s all we know. We are sorry, but we currently cannot accept clients from your country. Whether a new model or an old one, you can sell your cell phone. You can go for Amazon that gives gift cards for working iPhones, or websites like Decluttr that give you cash for that old phone. Self Esteem Stash curates investments from professional fund managers and investors and lets you choose where to put your money -- but it leaves the complicated investment terms out of it. Tapes Strategies Overview RC Boat--Up to 65% Only work for people you know or your parents know well; never work for strangers. NEVER invest money you can’t afford to lose! Never invest the whole amount at once, that is called greed…..thinking you will hit it big! It’s been tried before. Some will luck out, (as some do in slot machines) but the odds are against you. Your only hope (Roger), is to “try” to come up with enough money to try to recoup your losses with GOOD stocks. Get a 2nd job if you have to….hopefully, your young enough that you have a 2nd chance. The markets bottomed out a couple years ago, and that it when I decided to take the gamble, remembering Warren Buffetts words “Buy when everyone else is selling!” This time, I bought good stocks… F, EMC, FLEX, yes…I took a gamble and bought SIRI, but not after doing some serious DD.. also bought other stocks that have now been sold..all at a profit, I doubled my $$ with F, and kept trying to buy low priced, but good stocks…right now, I am close to 80% profit on SIRI…and going long. Tax Help Since pattern day traders are exposed to heavy financial risk, FINRA places requirements and restrictions on those designated as such. For example, a pattern day trader can only trade on margin accounts and must have at least $25,000 in one. Consider your day trading activity carefully if you wish to avoid the pattern designation. 2 Best Student Loan Refinancing Companies Sandra Cokes 6 months, 29 days ago 12:47 Other Research Embed Converter Expand Bluetooth Wireless Headset You have time to analyze the markets at the beginning of the day and can monitor it throughout the day. Importantly, this is not a pyramid scheme (they are illegal) because there is an end goal which involves a customer buying a product or service of value. A) The Buffett/Gates approach of holding a concentrated portfolio (one company, for instance) forever. The SEC adopted rules in 2001 that declared anyone who makes more than four trades within a five-day period in a margin account to be a “pattern day trader.” Unlike typical margin accounts which require a deposit of $2,000 to open, broker-dealers registered with NASDAQ or the NYSE require that day traders keep $25,000 equity in their accounts on any day that day trading occurs, even if they have not executed any short sales. This number is also the minimum for margin trading, whether you are buying or selling short. Many experienced traders recommend at least $50,000 to $100,000 in order to have sufficient power to buy or sell stocks in the $100 to $500 price range. SUBSCRIBE Dieting NetPicks Trend Jumper Tools Michael R. Lewis is a retired corporate executive and entrepreneur. During his 40+ year career, Lewis created and sold ten different companies ranging from oil exploration to healthcare software. He has also been a Registered Investment Adviser with the SEC, a Principal of one of the larger management consulting firms in the country, and a Senior Vice President of the largest not-for-profit health insurer in the United States. Mike's articles on personal investments, business management, and the economy are available on several online publications. He's a father and grandfather, who also writes non-fiction and biographical pieces about growing up in the plains of West Texas - including The Storm. CTAs What is this ? All investments include some level of risk, but day trading is especially precarious at the start. According to the Securities and Exchange Commission, day traders incur substantial risk of financial loss, especially early in their experience curve, and there is no guarantee of profit, no matter how much time is invested. LOVE Scott’s energy! Business/money can be a pretty dry and boring topic depending on who’s doing the talking and that is definitely not the case with Scott. Keeps me engaged and motivated. Also, what an awesome ‘radio’ voice. Highly recommend!”– Britany Felix NetPicks Options Fast Track Options Trading Systems Babysitting DON'T MISS: 5 reasons the Chase Sapphire Preferred makes a great credit card for aspiring travel hackers In addition, the rules require that any funds used to meet the day-trading minimum equity requirement or to meet any day-trading margin calls remain in the pattern day trader’s account for two business days following the close of business on any day when the deposit is required. The rules also prohibit the use of cross-guarantees to meet any of the day-trading margin requirements. Upvote0 Turn what you know into an opportunity and reach millions around the world. Learn more There is a $100 minimum opening deposit, but if you can swing that, moving your money to a CIT Bank Savings Account is a no-brainer way to grow your money faster. The bank has a 5-star rating from both Nerdwallet and Bankrate. You can read our review of them here. Real Time News June 19, 2018 Day Trading Videos So your argument is that one might as well just be a trader, since it’s not possible to add value to society anyway? Ah, ok. Maybe expand your range of thought slightly? How about being a teacher, doctor, or engineer? Build something or provide a useful service. And that people are just angry that they can’t have control over traders…because they are martars for going out and risking their own money every day? That’s hilarious. You seem to confuse taking risk with adding value. You’re taking risk, sure, but both the downside and upside of that only effect you. As opposed to say, a fireman, who takes risk to benefit someone else. Trading is a closed system. You are taking more from society than giving back to it by benefitting from the productivity of others while not bringing anything back to the table. I’m not saying that no one should ever trade. Go ahead and trade, you have a right to do what you want…just admit that you aren’t a part of real society, and on balance, subtract value from the system. Seeing the answers from some people above makes me think this even more, based on how weak the rationales are. I was hoping someone could really form a stronger argument.

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