Stock Trading and Other Things

Is there still money to made in day trading stocks?

I plan on moving about $10,000 around in one or two stocks to have bigger payoffs. I also buy in to stocks $5.00 or less to make my earnings go up alot or down alot. any tips for an amateur stock broker.

Public Comments

1. It sounds like you haven't down much research, which means that unless you are very lucky you will end up losing money and not learning much .
My tips is to start reading and develop a model as to why \ stocks go up and down and use that model to choose your stocks.

also a stock broker buys and sells stock for other people. Since the need a license, they are professionals. You are an amateur stock investor or speculator.

2. The day trading is risky unless you are expert and have deep study of a particular stock.
If some one earn that is because of his luck, his strength of absorb losses his holding
capacity etc. but for new entrant it is difficult.

3. day trading ,penny stocks and Forex are BIG negatives on Yahoo but yes they ALL can make money for people who know what their doing...