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Jinjuli No, it is not really random, the best reason not to daytrade is that it is worthless. Traders have exactly the same value as professional poker players– zero. Even bankers are more useful to society. As an investor, I “loan” money to companies which make a good product, these companies then use that money to hire more people, build infrastructure, make more good product, and make profits, of which I get a share. So in some small way I contribute. Also, I have three stocks that I have held for gains over 1500%. :-)
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It is not true that day trading – or whatever other style of trading – is unproductive! Traders are the lifeblood of capitalism: no traders, no financial markets, no trillions of dollars of money available in the society for building business and improve our civilization and allocate capital in the best directions!
Happiness Sign up for free updates... It’s been fun to read the updated comments all week-end. James: i think you achieved your objective with your original post, if you were trying to bring out people’s emotional response to your put-down of their passionate pursuit! By evoking outlandish, stereotypical caricatures, you enabled traders to bring their own strong opinions to the table. Bravo!
Free Demo – Free 15 day Trial Join the STS deals WhatsApp group Countertrend day trading is similar to trend trading except that once you determine your overall trend, you look for trades in the opposite direction.
I will explain complicated tools to trade with confidence. Photography6 DayTraderRockStar: Bought VERU 2000 @ 1.41 added to position Total 5000 Shares @ 1.35 High Rick Speculative trade. I have added greatly to this position and am still holding.
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Well that's a wrap Have a Happy Memorial Day Weekend see you in the Markets on Tuesday
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Final Rules This is probably the hardest trading tip (although it applies to the world outside of the market) because it forces you to acknowledge that you are accountable for your own success/failure. It is tough to point the finger at yourself especially when it comes to losing money.
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Men's Bags Show All Experts Modified: April 20, 2005 Computer Cases As you might imagine, this isn't necessarily a quick way to make money but once you've got a few investors in your phone book it can prove to be very lucrative in the long run. If you're interested, I recommend reading this book.
Royal MintRare 50p coin sells for £840 on eBay - so it's time to check if you have one in your purse This would in effect be a 100 percent loan to you to purchase equity securities. It is saying you should be able to trade solely on the firm’s money without putting up any of your own funds. This type of activity is prohibited, as it would put your firm (and indeed the U.S. securities industry) at substantial risk.
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Also, since shorting is an art form in and of itself make sure to check out our YouTube Playlist on Shorting to keep updated on shorting videos that we continually post.
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