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  1. J

    *EXPERIENCED DAY TRADERS*how would you recommend starting out as a trader?

    Thanks! I want to learn as much as I can.
  2. J

    *EXPERIENCED DAY TRADERS*how would you recommend starting out as a trader?

    Wow Ken im glad I can get your opinion considering how long you've been in the business. Thanks for the advise!
  3. J

    Mentoring JL

    Is there a problem Smith?
  4. J

    Mentoring JL

    Well I appreciate the "watch out" but the reason I'm giving him a chance is because he's giving me a chance. No one else has offered to help me out.
  5. J

    Mentoring JL

    Hey man I appreciate what you are trying to do, but don't bash on somebody else's trading strategy that WORKS for them. He thinks outside the box and that's what works for him. Whether or not it will work for me is a different story but I'm fine with loosing a small amount of my capital to at...
  6. J

    Mentoring JL

    I have now have a seperate bank account ready for investing. 3200 is the max I can do for IB. I will start once I feel comfortable and learn how to place option orders. Is there an app for option simulator trading?
  7. J

    Mentoring JL

    Yes that makes more sense, So we will be changing risk to 10 dollars per trade?
  8. J

    Mentoring JL

    Here you are
  9. J

    Mentoring JL

  10. J

    Mentoring JL

    Q2: what is range? Average monthly price of a stock to help determine if it's a good buy.
  11. J

    Mentoring JL

    I'm not going to cut somebody loose that has good intentions to help me learn how to manage risk on trades and can potentially help my future career as a trader. Even if it doesn't work out I'll still have knowledge and experience to take away from the situation(more important than losing/making...
  12. J

    Mentoring JL

    Q1: what is a spread? My answer: using a spread allows me to set a defined risk and profit.
  13. J

    Mentoring JL

    I am open to hearing your suggestions on what I should do.
  14. J

    Mentoring JL

    In the 3rd chart the price dropped after rising. I may study quite a bit more about options tonight before I open my account. I want to understand the fundementals of how trading options works first. Also are you using IB on your phone? If so I can trade at work as well. Also, I have a question...
  15. J

    Mentoring JL

    Okay I'm going to head to the bank after work and set up a seperate account for investung and hopefully set up my IB account and post my picture tonight!
  16. J

    Mentoring JL

    I'm sorry I will put line properly when Im on my lunch break. As for a daily return,(IB requires 3k deposit) keep in mind I only get paid every 2 weeks, so I have to keep 1k for bills. And I also need to buy a laptop for trading as my desktop is outdated. Also the job Im curently in pays 100 a...
  17. J

    Mentoring JL

    I am a yank by the way. As for as what KP had to say, I don't know much about trading stocks, but I know abything about options so it's going to take me time to figure it all out. I am willing to do so though because I want to expand my knowledge and gain experience.
  18. J

    Mentoring JL

    Sorry for the delayed responses. I will get back to you on everything however I am working all day so bear with me. Call: option to buy a stock. Put: right to sell a stock. Strike price: price of stock when holder buys or sells. Delta: measures profitability. Theta: the options...
  19. J

    *EXPERIENCED DAY TRADERS*how would you recommend starting out as a trader?

    T Thank you for the response. I'll look into Interactive Brokers Student account right now!
  20. J

    *EXPERIENCED DAY TRADERS*how would you recommend starting out as a trader?

    I would really appreciate you showing me your approach. I really have no one to look to as a mentor so that's why I'm here trying to gain insight from someone who is experienced. Thank you very much for understanding! I hope to hear back soon.
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