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    Are settlement rules different for daytraders?

    And on that note, doesn't day trading give you 4:1 margin? So if it takes $25k to open a day trading account, how could anyone trade with less than $100k? Second question: If you have $25k in your day trading account and you lose money on your first trade and it drops down to $24,500, do...
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    Help with exit points for swing trading (pic)

    Well, it took a month, but who saw N today? :D Is a month considered a "long" time for a swing trade? I don't know. I'm just happy I didn't lose money. That's the spirit, right? :confused: Oh, I put in a trailing stop. I'll risk a % or two in order to possibly ride a winner. Too...
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    Are settlement rules different for daytraders?

    Please help a n00b out. None of the 54 people who have viewed this thread are day traders?
  4. I

    Are settlement rules different for daytraders?

    I'm a newbie to all of this. Sorry if this has been covered before. I have an account with Scottrade (I'm not a day trader), and it says there are rules about funds settling after a trade, and what you can do with that money in the meantime. So basically, if you buy and sell, you can buy...
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    College grad w/ job offer and questions

    Did they train you? I'm in the Chicago suburbs and I'm looking for a new job (I've been in systems design/IS for almost 2 years since I graduated). Are they hiring?
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    College grad w/ job offer and questions

    Hey OP, what did you end up doing? I just found this thread through a search and it's been 9 months...
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    Help with exit points for swing trading (pic)

    Thanks guys. I appreciate the replies.
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    Help with exit points for swing trading (pic)

    Thanks. That sounds like a good idea, actually. However, I don't think right now I can take partial profits because, as I said, I'm a newbie and I don't have that much capital to begin with so much of my partial profits would be eaten up by comission. Maybe I should trade bigger positions...
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    Help with exit points for swing trading (pic)

    Ok then, so how do you guys decide when you will exit?
  10. I

    Help with exit points for swing trading (pic)

    Ok. A "decent" or "good" exit point.
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    Help with exit points for swing trading (pic)

    ^ Thanks.
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    Help with exit points for swing trading (pic)

    Why didn't that work for me? I put the pic address inside of [img] [/img] tags. Oh well. ::shrug:: Thanks.
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    Help with exit points for swing trading (pic)

    Hi, I'm a noob to trading. I've seen a lot of talk of entry and exit points, but I feel like sometimes people are arbitrarily picking their exit points just to make the reward/risk profile look good. Take the chart I've attached for Inco Ltd (symbol: N). I entered @ $42.23 as the MACD was...
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