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re: Day Trading Noob

Posted on 8/9/26 at 11:56 pm to
Posted by RIPMachoMan
Member since Jun 2011
9380 posts
Posted on 8/9/26 at 11:56 pm to
Thank you as well

And to all with feedback. I don’t think day trading was accurate with my intentions so I appreciate you guys level setting what I am attempting.

EDIT: I’ll report back
This post was edited on 8/9/26 at 11:57 pm
Posted by makersmark1
earth
Member since Oct 2011
21532 posts
Posted on 8/10/26 at 5:21 am to
quote:

It’s not smart investing…


It’s not investing at all.

I’m not right about much in life.

With investing, I doubt I could be right about thousands of trades per year on direction and timing.

Good luck.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
92148 posts
Posted on 8/10/26 at 7:25 am to
what level of a regular trader are you? have you done spreads? swings? pump and dumps like we do here?

You are better off trading futures normally than day trading stocks.

I trade stocks and futures and day trading futures was hit or miss until i got into forex and it ate my lunch.

learn to sell options. do normal trades.

if you insist on day trading.....well....................


Posted by bayoubengals88
LA
Member since Sep 2007
25906 posts
Posted on 8/10/26 at 7:34 am to
quote:

learn to sell options. do normal trades
I enjoy this part the most.
Selling covered calls. The only downside is upside that you may miss out on.

But you’ve got to own at least 100 shares to do it.
Posted by Fat Bastard
alter hunter
Member since Mar 2009
92148 posts
Posted on 8/10/26 at 7:48 am to
right. you do cash secured puts also right?

what about naked puts?
Posted by bayoubengals88
LA
Member since Sep 2007
25906 posts
Posted on 8/10/26 at 8:02 am to
It’s essential that you get a feel for the overall market.
Listen to the first 10-15 minutes of these shows every day.
They are recorded.

I agree with others though. Swing trading is probably the best way to go.
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