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Question: How much can you earn by investing in stock market and doing day trading?

(Posted by: SH on 2010-03-11 06:26:20)

I am thinking to invest 2/ 3 thousnad dollars in stock market. I don't know anything about market very new. How much can I make by day trading? I don't want to loose any money so I will be little risk taker Thank you Its about USA stock market.

Posted by: Jim L on 2010-03-11, 06:45:22

If you are not a risk taker you should not be trading stocks in the short term. Unless you know what you are doing, you are as likely to lose money as make money. And $3,000 is not nearly enough to get involved in day trading - with that amount of money you would not make enough profit to be worth the time you spent. Let's say you trade all $3,000 on a stock, and you catch a 3% increase over a couple of days. After commissions you would net about $75-$80. And that is not going to happen as often as you would like. There will be trades where you will lose money.

Posted by: JustMe on 2010-03-11, 07:13:57

If what you wrote would be a certain stock, I would sell ir or even better short it...with a nice high leverage...Do you like blue chips? What do you think about Mr. Buffett, Cicivellis or Kostolany? Does all that sound like chinese to u? Well than u have ur answer, leave the money in you savings account.

Posted by: A nobody on 2010-03-11, 09:23:34

Since you don't know anything about the market, you stand a very good chance of loosing your entire investment especially if you day trade. Some one once said "a fool and their money are soon parted ", if you move forward on your plan, you'll definitely provide proof to this statement. Before you "learn " to day trade you first must understand the markets, the products traded in the markets and the rules you have to follow to be in the market. You have to learn what to do, why to do it, when to do it and how to do it. If can learn all of this then and only then can you day trade. Before you day trade you must be able to trade Before you enter into any transaction, you should know what you are doing, why you are doing it and how to do it. Before you invest in any security, the first investment you should make is in yourself, and the best investment you can make is by educating yourself

Posted by: daveyg on 2010-03-11, 15:03:25

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