Last week I began the process of buying and selling extremely volatile stocks in order to make small, quick profits. Although I do not currently meet the IRS’ & SEC’s definition of a Day Trader, I have been, in essence, day trading. Continue reading “Can You Make Money Day Trading? Here’s What Happened when I Tried”
There was a lot of activity in the market today after being closed yesterday for the President’s Day holiday! I went looking for some potential profits on my lunch break.
What you need to know and what you need to do.
If you have opened an account at a brokerage, you have probably seen the term “margin,” “margin account,” or “buying on margin.” If you joined Robinhood, they call it “Robinhood Gold.” If you are new to trading you likely have no idea what these terms mean. Continue reading “Margin Accounts”
If you watched the market today you know it took another hit. I was hoping to buy TCS yesterday when it dropped Continue reading “Stocks Falling = Buying Opportunity”
This week we watched the market demonstrate why this game is not for the faint of heart. During the worst week for the stock market in nearly 2 years, The Dow Jones dropped nearly 4% Continue reading “A Rough Week & What to do Now”