Day Trading under $25k...

Quote from Ebo:

"I thought I would try an account with 2000.oo to try them out
4-1 buying power all day long they say"


Get a job and save as much as you can. Your chances of success with 2K and 4-1 BP are slim to none......ZERO!!!
What are you going to make a day? Look at their commission rates. They are 2x industry mean for active traders. Read every post on this Board and learn something. Posting this BS is not going to teach you anything. Get your head out of your BUTT and get a JOB.

:D
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funny thing about stock board HEROES, THEY ALWAYS GIVE ADVICE NOBODY ASKED FOR!

If you can't figure out how to take 8000.00 and trade it in and out all day and make money

what good is your advice?

quick check the threads, somebody needs your help!!!

LOL
 
im a low capital trader..being young i CAN afford to lose while learning..and rebuild. tho the bit that confuses me is..
Why does everyone laugh at say..3-10k capital traders? ...you need 2.4k to trade a futures contract..IF you trade it right..u can make huge %'s of ya capital and grow rather rapidly..you can do same thing with options on low capital bank account..you do have a fairly high risk..tho high reward too


as i said..im new..Extremely new (only been learning a year)..so im still around that..losing..learning from mistake period..but iv seen ppl make quite well just off 1 contract in futures..and Im doing "okay" now with options on low capital..atleast..rebuilding my bank slowly type of "okay" nothing to jump for joy about :P
 
Another option for your friend might be to find a LLC to trade out of. Stated another way a sub account of a larger trading account. Just a thought
 
Just wanted to mention I now know of 3 people using All Day Traders. All are under $25k and all are day trading more than 3x per week (some substantially more than 3x... right Russ? you junkie).
 
Quote from nyc-hotshot:

Just wanted to mention I now know of 3 people using All Day Traders.
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Add 1 more to your list. I just wired money to them as of Friday and I was trading as of Tuesday morning without a problem.
:D
 
Let us know how extensive their short list is. Also if you have any trouble withdrawing your profits.

Michael B.

Quote from tradewiz50:

Add 1 more to your list. I just wired money to them as of Friday and I was trading as of Tuesday morning without a problem.
:D
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