Don't day trade. This only make your broker or bucket shop owner rich.
The best investing advice you've ever recieved
- Thread starter felixbocharov
- Start date
Tell that to my trust beneficiaries
L
lovethetrade
Buy low, sell high
Contrary to popular believe that you must use the large sum to trade , I learned that you only invest large money in good stocks , and for trading use small account , in a long run you'll be better off.
An object in motion stays in motion with the same speed and in the same direction unless acted upon by an unbalanced force.
No one will know when the momentum will gone, trend following is no any better than fade trading. They both are loser games if you include commission and slippage.
Leverage with small money is a gurantee for blow up eventually.
Day trading is one of the biggest scam in human history, but it is no different than gambling or lottery in human history.
Be careful of what you're absolutely certain has, is, or will happen. It will take you a hell of a lot longer to unlearn what you think you know than it ever did to learn it.
I agree with you , you don't day trade , you can trade options and even penny stocks , and that"s when you have an experience in the markets.My take is that , you don't expose large account to trading , too much risk,
You're both clueless