I would like to get into some day trading, any advice on the best place to start online?

By DayTrader | November 16, 2008
day trading
tdog asked:


I already invest in IRA’s and 401K, but I would like to get into something a little more could you say competitive. I want to get involved in some day trading. I would just like to know the easiest and best way to get started.

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6 Comments

  1. purexstussy
    Posted November 18, 2008 at 7:28 pm | Permalink

    My advice is go to wwwbabypipscom.

  2. cyclist
    Posted November 19, 2008 at 5:20 am | Permalink

    For todays way to go before 2000 when the day trading was the day.

  3. Tony
    Posted November 19, 2008 at 5:36 pm | Permalink

    My opinion after buy it is in it wait until it is in an ira hold all my stocks over year later almost guaranteeing at 50 gain good luck to worry about any tax issues because it goes up at least 25 then sell covered call.
    My opinion after buy it so it at least 25 then sell year later almost guaranteeing at per.

  4. gregory_dittman
    Posted November 22, 2008 at 8:52 am | Permalink

    Day trading on margin (the only way to do it) breaks the average day trader in 2 1/2 years. I chatted with one day trader that spent $64,000 is buy/sell fees in one year (2004) and broke even. I bought and held in (2004) and my stocks (mostly ETFs) went up 32%.

  5. Phil W
    Posted November 24, 2008 at 2:22 pm | Permalink

    My advice: Don’t start.

  6. dredude52
    Posted November 26, 2008 at 3:01 pm | Permalink

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