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Who here understand about stock trading?

36 Posts
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charliesafehouse avatar
(@charlie)
Posts: 1316
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Topic starter
 

@rambo

Question number 4 & 5

 

 
Posted : 15/02/2020 1:38 am
josh avatar
(@zexsypmp23)
Posts: 4380
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@charliesafehouse

4) depends on what platform you are using. some platform with charts has huge fees. you can start as low as $500. I use TradeStation for real traders. 

https://www.tradestation.com/

for beginners. my friends use Robinhood

https://www.maximizingmoney.com/investment-opportunities/no-fee-stock-trading-apps/

 
Posted : 15/02/2020 4:34 pm
josh avatar
(@zexsypmp23)
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@charliesafehouse

for those interested in becoming a day trader as a full-time job, you will need $50,000 to $100,000 of money to start.

 

if you have $50,000 worth of money you can earn like $500 a day if you are really good.

that $500 is only %1 of $50,000. 

the average day trader make is %1. that's the basic

 

 

 
Posted : 15/02/2020 4:36 pm
josh avatar
(@zexsypmp23)
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@charliesafehouse

the win/loss ratio in casinos is 48/52. the %4 difference is what fuels the casino economy. (depending on what casino)

 

the win-loss ration in stock trading is usually 1/3 on a regular day ( us-china trade war isn't a normal day) 

as long you can win your win/loss ration to 55% then you are good for a starter. 

 

 
Posted : 15/02/2020 4:57 pm
josh avatar
(@zexsypmp23)
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@sonsofodin

 

I'll make a separate thread for everyone. 

 

 
Posted : 15/02/2020 4:58 pm
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