BestDayTrader Q&A
- Thread starter BestDayTrader
- Start date
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Hello Taigong,
I appreciate your approach.
There is a certain point in time where your percentage return starts decreasing. Compounding only works up to a certain number, where you are no longer liquid.
As for my own trading. I am fortunate enough to have the best of both worlds. I like getting my regular monthly income from businesses and I my money is being traded at the same time. We are actually in the process of setting up a prop shop. My goal is to have many trades trade for me.
As for the idiotic flamers on ET, I just ignore them. As soon as someone starts flaming, I don't even finish reading their posts.
I understand that some people have been burnt before, are frustrated and that's why they are like this. By answering the questions I am able to reach people like you that actually ask intelligent questions.
I appreciate your approach.
There is a certain point in time where your percentage return starts decreasing. Compounding only works up to a certain number, where you are no longer liquid.
As for my own trading. I am fortunate enough to have the best of both worlds. I like getting my regular monthly income from businesses and I my money is being traded at the same time. We are actually in the process of setting up a prop shop. My goal is to have many trades trade for me.
As for the idiotic flamers on ET, I just ignore them. As soon as someone starts flaming, I don't even finish reading their posts.
I understand that some people have been burnt before, are frustrated and that's why they are like this. By answering the questions I am able to reach people like you that actually ask intelligent questions.
Qwiktrade,
This board is sponsored by us. It is only for people that have some respect, honor and manners.
If you are looking to just flame and use disrespectful language, please kindly go somewhere else.
This board is sponsored by us. It is only for people that have some respect, honor and manners.
If you are looking to just flame and use disrespectful language, please kindly go somewhere else.
wow.. you sponsored the whole board? or just 90% of it?
ok, lets trade and make up..
you apologize for making the ridiculous claims that you know are false.. these would include statements of 90% win rate.. 17k daily average.. buying perfect tops and bottoms..
and i will apologize for commenting on your buffet and refrain from posting further about your eating preferences..
do we have a trade?
-qwik
btw.. wasnt that you posting earlier that was using all those curse words?.. hmmm..
Hello LiL "C",
1. breakouts happen right when you buy the stock and exits is when you sell it right?
- Breakouts is a term for bursts of momentum that happen when either a support or resistance are broken.
2. I'm using market orders now. Is this the right thing to do?
- I, personally, mostly use limit orders. They give you a bit more safety.
3. I have read and I'm reading that you should buy them large lots like 1k or more at a time so the market only has to move a little for you to make money because your buying in bulk is this correct.
- You should only trade what you can afford. 1000 shares that move 25 cents are the same as 100 shares that 2.5 dollars.
4. I read the paper every day and I watch CNBC from the time I wake up until the 4 o'clock I just want to know if I have the gist of things you know the right idea.
- Do you have a good charting program? I would charts a lot more than CNBC
Start developing your own methods using charts. CNBC is really full of fluff.
1. breakouts happen right when you buy the stock and exits is when you sell it right?
- Breakouts is a term for bursts of momentum that happen when either a support or resistance are broken.
2. I'm using market orders now. Is this the right thing to do?
- I, personally, mostly use limit orders. They give you a bit more safety.
3. I have read and I'm reading that you should buy them large lots like 1k or more at a time so the market only has to move a little for you to make money because your buying in bulk is this correct.
- You should only trade what you can afford. 1000 shares that move 25 cents are the same as 100 shares that 2.5 dollars.
4. I read the paper every day and I watch CNBC from the time I wake up until the 4 o'clock I just want to know if I have the gist of things you know the right idea.
- Do you have a good charting program? I would charts a lot more than CNBC
Start developing your own methods using charts. CNBC is really full of fluff.
This post is laughable. Shogun, you JUST drove up here. The hood on your car is still hot. So, you MIGHT get more respect if you stay off the soapbox for a while.
For you to show up here and try to make these wild-eyed newbies around here believe that they can make $18,000 a day, day trading, is beyond laughable. Fact I'd label it as downright absurd! ET was a very good board before you arrived and I assure you it will thrive when you leave.
So, I wouldn't take myself quite so seriously if I were you.
Regards,
BSAM
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