day trading for a living

Technorati Tags: beginner\'s guide to day trading, day trading for a living, day trading school, make money day trading, pattern day trading

Can anyone plz suggest me some websites or books or article. I don’t hav a huge capital to start. I want to learn this business first rather then running behind the money( it doesn’t hurt if I earn few dollars for my living). any website which is like a blog or a community or a associations updating about stocks. Day trading !!!!!!!!!!

You should watch Mad Money on MSNBC. Jim Cramer is awesome and he doesn’t just suggest stocks but he actually teaches you how the market works and the strategies he uses to make money. Its at 3 pm Pacific Time.

i want to know the best interpretation of the stochastic ossilator while trading with live charts

Parabolic SAR is what i use on 5/30 min chart

test it with quotetraker freeware

Forex is the most traded commodity on the planet. Its traded more than gold or oil. Its traded more than shares or bonds. Heck it’s even traded more than google.com stock. Individuals, Businesses, Banks and countries are exchanging currency on a daily basis as part of the global community. Now with the onset of high speed internet, you can trade it for a living from your home computer.

But only a small percentage of traders end up making money from forex trading on a consistent basis.Are you fed up by trading alone and making the same old mistakes? Need a refreshing strategy that truly works? Then Market Bytes is for you!

Market Bytes unique trading service which combines Live Trading Room action, market commentary and teaches you how to set up breakout strategies for foreign exchange trading.

In the Live Trading Room you will:
1. Work with Senior Forex Analysts
2. Use proven trading strategies
3. Increase your trading and market knowledge
4. Build “live” trading experience
5. Develop confidence as a trader
6. Real time Q&A
7. Make trading profits

MB LIVE is an “Elite Trading Club” where, as a member, you will learn to trade FOREX consistently and profitably by working with our Senior Analysts and panel of expert traders.

MB LIVE concentrates on trading the London open in the Forex markets.

The Live trading room is open daily from 6.45am – 10.00am (London time). You are able to discuss daily set up’s and chart analysis as well as making group decisions on what and when to trade. MB LIVE analyzes the market and your trades in real time, in a ‘hands-on’ working environment. Not only can you trade whilst you watch, you can also ask questions in LIVE market conditions.

As a subscriber you will receive trading alerts through the day with exact entry, exit and stop level. You will also receive analysis of commodities and stock indices.

To check it out, go to: http://www.marketbytes.com/
You can sign up for a 7 days trial, its free.

brend
http://www.articlesbase.com/currency-trading-articles/elite-trading-club-market-bytes-694051.html

When I say capital, I dont mean the amount I need if I want to make living out of it.Just want teh requirements for say, 1-2 trades per day.

you don’t need much at all.

especially with the picks the site below gives you.

this is who i use.

go to: http://tinyurl.com/4reu8z

they average 400% returns on very little investment.

they don’t have many spots left on their newsletter.

last time i checked it was like 27 or so.

good luck.

now is the BEST time to get in…

Is it possible to make aliving trading in the stock market.
Is the emini away to aver 200 a day each month?
Or does anyone have any other strategies or ideas.
I will have about 50,000 to invest. If I could make a slight percentage 5 to 6% a month that would be a living. Is that to much to ask?
it could boil down to finding the right strategy or company that has worked for other people.
In one of my other questions a guy is using emini.
Thats what I’m looking for here someone that has made it happen, found the right company and/or the right strategy.
Alot of things could work if you’re willing to take the risk. Not alot of people are willing.
Right now I am.
I am educating myself as I go.
Some of these stocks adjust 1 to 8 % a day. It doesn’t seem unreasonable to hit those acouple times a week. With 20,000 to make 200 a day would be 1%. Thats the min. I would need to make. Alot go up to 5%. That could average out nicely.
It’s been elusive so far. but My first attempt one day made 900. I’ve sense lost it trying to work out a strategy. But wanted some input from some that have done it.

Of course it is possible but like anything you have to know what you are doing.
Is it possible to make a living playing snooker? Of course it is, a very good living. But if you don’t have the skills…..

I was told about forex and day trading but I think it might be a scam.

Conservatively, you can average about 12% a year by buying large-capitalization stocks and selling (also called writing) call options to collect a premium. So you can make about $12,000 for each $100,000 in your account. With a $500,000 account, you would make about $60,000 a year. With a larger account, of course, you could make more.
Another way to make consistent profits in stocks in "swing trading," going for small moves of several days to several weeks in stocks or stock options. I use Japanese candlestick charts to swing trade, and have been averaging 8% to 12% a month, using some leverage. Instead of buying stocks, I buy deep-in-the-money options, going both long and short. Doing this, even a small account of $100,000 can make you $8,000 to $12,000 a month, an amount many people would consider a very comfortable living. Get a book on Japanese candlestick trading, paper-trade for a while (just make "pretend" trades, tracking the results in Yahoo Finance) until you become proficient at recognizing and acting on the signals.

Course on Forex Trading

The term used to describe the trading of the currencies of the various countries of the world is called foreign exchange, forex or just FX. More than 1.5 trillion USD worth trade activities are conducted in the worlds largest forex market. The forex trade is not conducted by a central exchange unlike stock trading. Telephone or electronic networks are used to connect the two counterparts all over the world to make a trade. Moreover the forex market offers several advantages over equities trading.

Moneymaking or wealth creation is the main goal behind any trade. The opportunities in FX are boundless and it far exceeds the slim margins and picks of other markets like equity or share trading. Moreover the risk involved is also much less and to top it all forex trading can be conducted 24 hours a day. There are always buyers and sellers available, who make this trade more liquid and stable among all others. The banks too provide liquidity to investors, companies and institutions.

Just like any other financial instrument forex trading also involves a deep analysis about the fundamental and technical truths associated with the trade. Keeping in mind the general interest of traders looking forward to invest in forex, many forex trading courses are available. The main aim of this Forex Trading Course is to impart the necessary knowledge about the fundamental procedures and tips on better and professional trading policies.

Forex trading courses offer valuable information related to the impacts on global currencies, market risks, market trends etc. it not only benefits the new trader who wants to set foot on alien grounds, but also the existing investors who wish to brush up their tricks of the trade. All the aspects of the forex trading, using the latest software’s and tools are what the Forex Trading course material is comprised of. Step by step guidance on trade environments, technical analysis, risk management, trading rules, global markets, economic and market indication etc are provided along with the hands on practical guidance from the experienced tutors from all around the globe.

Many factors are to be considered before you make a decision to do Forex trading course. ‘Knowledge is power’ for all our daily diplomatic living. Knowledge on what we do and how we do, especially trading will not only enhance our business dealings but will also allow us to differentiate and track down market conditions. Managing our finance wisely will save us the fear and anxiety about our unpredictable and meek future. Forex trading courses often outline these basic business strategies in their course material.

Forex trading courses are available as online courses and also through printed books. Free tutorials and financial guidance is also provided by many web sites. Choosing a professional Forex Trading Course will provide you with details on

• The best time to trade specific currencies like Euro

• How to anticipate movements and trends in the global market

• Which pairs of currency to trade

• Best time to enter the forex market

• Market conditions and tips about efficient trading from experts

• Technical indicators

Overall a forex trading course should be a complete currency trading solution for all the queries regarding forex and its effective trading options.

Forex Training School
http://www.articlesbase.com/finance-articles/course-on-forex-trading-126662.html

Learn online day trading live, in real time. Watch and learn from this video as I demonstrate tips and strategies during the trading day. I don’t use a trading system. I trade discretionary setups using software filters and Technical Analysis. How to best day trade for small consistent profits is my goal for this video tutorial. The information I give is for education only. Daytrading for a living is not easy to learn. It is something that takes much training.

Duration : 0:8:52

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Technorati Tags: charts, Day, daytrading, forex, futures, help, how to, learn, nyse, online, stock, Trading

I am nearly 18, and I have a very strong interest in Forex trading. I have a practice account with FX Express and have discovered some interesting things and techniques that I’ve discovered myself on how to make money.

I’ve developed my own strategy that works everytime I trade so far, and I’m making 10% compounded everyday I place a trade. in fact I want it to be my career. I will open up a live account with real money as soon as I turn aged 18 with maybe a couple of hundred. The only problem is that my mum and step-dad say "You’ll never make a living out of it", or "You’ll lose all your money." What I’d like to know is if its actually possible to make a decent living out of Forex trading and do you or anyone you know currently do this as a day trader. I’d like to prove them wrong.

Yes, it’s possible, but not with a couple of hundred dollars of starting capital. Think about it, for many professional traders, having a 50% profit on the year is considered a good year. If you start of with $200, and make 50% profit, you would have $100 profit. Is $100 enough for you to live off of? Not unless you live in a cave.

However, if you start off with $100,000 capital, and make 50% profit for the year, then you would end up with $50,000. Is that enough to live off of? Probably yes.

Yes, I know $100,000 is a lot of money. But you can start up with $5,000 and work your way up. You are still young. I would get a job and start saving, and on the side, continue to trade and research using a micro account. (Notice how I didn’t say demo account because demo accounts success do not translate to real account success). Anyways, once you know you can be profitable with real money, then you wouldn’t hesitate as much to put in $5000, or $10,000 or whatever you have saved up in your account.

Lots of people make great living as day traders. But it takes time and patience to get there. Hope this helps.