Todays day trade

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Looking at a easy .60 or hold out till tomorrow for the sell @ 27.15.

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$300 isn't a bad day, fish.

Yeah, it's down 5 1/2% today, fish.

Wasn't it like 22 1/4 back in late June?

Oh well. Really though it would turn around today. Still holding the shares. It happens and I might hold them for a month or two.

This is what I did for those 500 shares of Gold Corp. I sold 5 options for Jan/14 at a strike price of $27(in the money). Got paid $2.34 a share = $1,170. Also in that time period and if GG pays the monthly div of .05, I will gain another $125. Then also I will be paid the difference of what I paid for the stock which is another $470. Total + to $1765. Not bad of a return on $13000 for 5 months.


Forgot one thing. If the options drop real low from now to Next Jan, I will go in and buy options back and hope for a up swing. I done that a few times to make some easy money.

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If I could make $300 a day trading, I would quit my job tomorrow. Where to start?

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Start with $600 a day if you want to make $300

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Start with $600 a day if you want to make $300

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This for sure. Day trading is almost like going to a casino. It is NOT for the weak hearted. I had lost a few grand a couple times on a trade.

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As I have shared several times on here, after 15 years of day trading I have discovered the secret of having one million dollars by day trading.

First, you start with two million dollars.....

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Sage advice. I am curious though, as I watch the stock market, see things moving up and down. How about a stock like Apple or Google, it likely will go up or down a few dollars every day.
I'm sure there are $10 stocks that move 20-30 cents a day. Where do you look?

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I'm sure there are $10 stocks that move 20-30 cents a day. Where do you look?

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Start by looking at big name companies. Read up on just a couple of them. You need to get to know what is going on with said company way before buying any stock in one. Also know that an avg share trade is around 5 million shares a day. No less.

Stay out of tech for day trading. I lost way to much money and learn the hard way.

I only trade about 10 different companies. I might go a couple weeks without making a trade. Hell, I'm retired. Now when I make a trade, I don't leave the computer from 6am till 8pm that night unless I'm in and then out for the day. I had went in/out on the same stock 5-6 times in one day many times. When trading, it is more then a full time job.

Are initial public offerings no good for day trades?

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Are initial public offerings no good for day trades?

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I flipped FB on Day 1 and made a few pennies. There is a lot of risk on an IPO, IMO, for day traders.