New to day trading, change of career - best tools?

GRULSTMRNN said:
Thank you so much. I was about to ask whether it is just me who is a total asshole and imbecile to berate others the way I just did, but I can't help it when I come across the idiocy displayed by OP.
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The guy is six weeks into the idea of trading. I would say you're over qualified as an asshole to berate him the way you did. Not only that but you attack him for losing his employment without any idea of the circumstances? Is this how new users of E.T. should be treated?

Remember this; you can always decline to engage new users.
 
GRULSTMRNN said:
Yeah of course it has nothing to do with you that your company let an experienced IT veteran go to have him be replaced by an inexperienced, more highly paid, foreigner where the company has to bend over backwards to get that visa approved. Coupled with your claim that after 17 years with your employer you still did not make 6 figures and that you were replaced under the circumstances you described, could it possibly be that you are a total asshole or a complete retard? There is no way that anything you mentioned so far is remotely true.
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Yer coming down overly hard on this lad, who may have been let go simply for the fact that they didn't want to pay him a pension, so they canned him to "roll their plan" forward.

You just can't know what's going on in a company's accounting mind when someone posts about their job woes.

10 years ago I was living with someone who was with Verizon for 28 years when they let her go, 2 years from her retirement. Just like that. She was a "commercial account manager" or something like that.

Always on time, a dutiful employee for 28 years. She knew, KNEW, that they canned her because they did not want to pay her pension. It is skullduggery I tell you.

The OP may have faced the same situation.
 
we5inelgr said:
My goal with day trading is to make a minimum of somewhere in the neighborhood of $300/day or $1,500/week...on average.


I have a moderately high tolerance to risk, so I don't mind high volatility or "penny" stocks.

Looking for ways to identify entry points for stocks that are ready to go up at least 5-10%, then setting a trailing stop % or just selling after such a profit. All, hopefully, within 1 or 2 sessions.

What are the best tools for newbies to use for this type of scenario?

I just ran across TradeSmith, specifically ideas smith. Anyone using that, recommend it?

Some time ago, I discovered finviz.com. Anyone use that at opening to see upward trends to get into for the day?

Thanks in advance!
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My advice is to put in some screen time for about six months to a year. Is there ANY activity you can jump right in and make 75K + a year with no clue what you're doing?

I doubt trading is for you at any rate. You didn't mention your interest in anything but making money. Nothing about learning to trade well; just the money.

"Looking for ways to identify entry points for stocks that are ready to go up at least 5-10%" :rolleyes:

You may not understand this now but in a few years you are going to laugh about posting that one.

Finviz is a great website for general information; it is not going to help you in the least bit.
 
17 years in IT and less than 6 figure income? One must literally shit on the boss's desk to deserve such. I don't know a single developer who worked more than 5 years who would stay in a company that paid him less than 6 figures. That does not appear completely odd to you?

Overnight said:
Yer coming down overly hard on this lad, who may have been let go simply for the fact that they didn't want to pay him a pension, so they canned him to "roll their plan" forward.

You just can't know what's going on in a company's accounting mind when someone posts about their job woes.

10 years ago I was living with someone who was with Verizon for 28 years when they let her go, 2 years from her retirement. Just like that. She was a "commercial account manager" or something like that.

Always on time, a dutiful employee for 28 years. She knew, KNEW, that they canned her because they did not want to pay her pension. It is skullduggery I tell you.

The OP may have faced the same situation.
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GRULSTMRNN said:
17 years in IT and less than 6 figure income? One must literally shit on the boss's desk to deserve such. I don't know a single developer who worked more than 5 years who would stay in a company that paid him less than 6 figures. That does not appear completely odd to you?
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He never mentioned he was a "developer". Just that he worked in IT. That can mean anything. Level 1 or 2 tech support/help desk, junior programmer, tape-spool guy. WTF knows? Just don't lump everyone who works in IT as a "developer". It is short-sighted.

 
SimpleMeLike said:
Sweet Bobby,

1. Do you have any verified proof, that teachers at Theotrade make money trading for the past +3 years?

2. Have you see the teachers trade in real time and see them make money consistently for at least 2 months?

Thank you
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No, I don't have this information. There are several instructors and I've been a member for only about a month. What I do like, is I get to see the instructors make live trades in real time. I've never seen that before. I'm following cautiously, but so far the information presented has been worthwhile to my trading and learning. To each his own.
 
You are right, I made an assumption. Though the sum of off statements does not change my stance in the slightest

Overnight said:
He never mentioned he was a "developer". Just that he worked in IT. That can mean anything. Level 1 or 2 tech support/help desk, junior programmer, tape-spool guy. WTF knows? Just don't lump everyone who works in IT as a "developer". It is short-sighted.

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SimpleMeLike said:
That is very good. Atleast you are watching carefully the instructor tade in real time.
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I know nothing of this service so this is a general statement. I'm a little suspect of a day trading service that shows live trades if they are scalping for small profits. Even a liquid stock like Apple or a liquid future like ES, can be moved by 2000 to 3000 followers all jumping in 10 seconds later.
 
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