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I use to do this as well. I think it's a novice strategy. Not saying bad, but the very 1st strategy that comes to mind. But instead of using strong stocks I use the technique to identify them. Example, if Nasdaq down 200 points and a stock hasn't decline on any news, than that was considered...

I guess longterm investing could be possible as it's more straight-forward and less reliant on psychological factors. Without life experience daytrading will be difficult.

I don't think that's a good strategy because a strong stock isn't gonna fall much anyways in a bear market unless your talking about 9/11. There are much better strategies for roi that are more consistent.

Nice catch!

I've a curious question. Hypothetically, if you made 50k in 2016 in the stock market but didn't do your taxes that year and then loss 50k in 2017. Would the capital losses you report in 2017 offset the taxes you've to pay in 2016 or does it not work in backwards fashion?

Stock down 15% after a positive ER, upgrade by Zacks and new partnerships with Roche. Really strange action...

Here's one gaining in popularity... Don't trust anyone on ST. Do your own DD!

Earnings on aug 9th. Already spiked from .40 to .50 areas a couple of times already and showed strong support at .45. Also, got an eye on Gevo. Expected positive ER on aug 9th. Had some ridiculous 10 sec selloffs if you were watching this closely today. I think MM trying to buy at a lower price...

Wait, I think he just involuntarily answered that question for the both of us... I've been daytrading stocks for a month now. I think I even freerided a couple of times without knowing what it was. My bank hasn't flagged me yet or given me any warnings.

Btw! Are you sure T+3 applies for both Buy and Sell and not just the Buy side?

Arghh..... I am gonna have to check on this with my bank just to be safe! But I think I should be fine! I borrowed $600 to buy a stock 3 days ago! My balance showed -$600. Then sold it today at the same price for $600 and my balance became 0. So what I think is even if the funds are unsettled...

I see what you mean but I don't think that's how my bank runs or aleast that not how it works when it comes to borrowing money... I don't have to wait for the settlement date when selling stocks. Whenever I sell the stock that balance becomes available right away in my account. Do they...

Nope, I think that's not how it works... My bank told me if I paid within the tradedate plus 3 business days I won't be charged interest at all. But if I don't have money after the 3rd day then they will charge me a hefty 21% interest.

Is the settlement date always at market close? Example, I bought a stock on Friday 9:30 AM. Then I have up to Wednesday 4pm to settle the funds? Is this correct?

I am from Canada so I never did have to deal with ptd rules. I am planning to change brokers soon as my bank doesn't even allow me to short. The only reason I am using them is they don't have a minimum requirement to open.

My bank allows me to borrow up to 1x without a margin account but requires that I do my contribution within 3 days unless I want to pay 21% interest which is crazy. Does anyone have a similar bank that does this and know if selling the securities within the timeframe works or not as I don't...

Look, I am not stupid enough to mistaken when someone is being rude & disrespectful okay? I know what I read & felt. Enough of this talk. I am getting tired of replying to posts every time a random Joe makes the assumption I popped due to a misunderstanding. His disposition was clear af to me....

I just won't let anyone decide for me whether I should get offended or not by his advice. That's just absurd. I believe that should be my choice to make. From my perspective, it really wasn't bad advice (nothing I wasn't made aware of already.) but it was spoken so bluntly it got to the point it...

This never had anything to do whether I was an amateur. I simply didn't like how cocky & rude he was given the advice. You guys are saying that just because I am new I don't have the option to become offended by his advice since everything he said made sense. He has the right to be an asshole...

Thanks for the offer but I think I'd rather invest in myself if I had the funds. No disrespect or anything. I would say the same if Buffet came knocking on my doorstep.