Recent content by StevieP

Keep the real estate. That is one of the best sources of income you could ever want. You don't realize what you really have, most people invest and have to wait years to own that much property free and clear. That fact that you are only eighteen makes it a no brainier to keep it. There are just...

Sorry for the confusing wording in the opening post. I just wanted to make it clear, I am not asking for suggestions about anyones trading strategy, but rather opinions based on your experiences about the two choices I listed for an exit strategy . Thank you

Thank you

Oh I agree. My choice of wording was poor. I meant which strategy between the two choices below, not trading strategy. Thanks that will be helpful and the kind of insights I was looking for when asking.

Since I am new to trading I would appreciate feedback based on your experiences. When beginning day trading which strategy would be better for me to first employ? Assuming I make a correct entry which would I be better off doing? 1) leaving my early profits exposed even if...

Thank you, that is wise advice and I will heed it. I don't plan on using much or any of the leverage. My goal right now is geared more towards learning to trade well rather than looking for any specific profits. I figure if I learn to trade well that will come. I was concerned though after...

OK, thanks. I read something that led me to believe that the buying power was the total for all trades for the day and I thought that didn't make much sense. So in reality you can trade an unlimited dollar amount as long as you don't go higher than your buying power at any given moment...

In this scenario would I be able to trade $100,000 over and over again that day, or once all the trades for the day added up to $100,000 would I have to quit? Thanks again.

Thank you all for taking the time to respond.

Hello. I am new here and new to trading. I have a couple of questions about day trading BP. Is the BP dollar amount the maximum you can trade in a day or the maximum you can make with a single trade. For instance if your BP is $50,000.00 can you make trades of $50,000,00 over and over again all...