Current Events > How hard is day trading?

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Dan_Haren- 02/14/23 11:28:15 AM #1:	Thinking about it <cite>Dan_Haren- posted [p:971560994] in How hard i... [t:80347957]...</cite> <quote>Thinking about it </quote> ... Copied to Clipboard!
emblem-man 02/14/23 11:28:57 AM #2:	Don't do it --- http://avatar.xboxlive.com/avatar/emblem%20boy/avatar-body.png haters gonna hate <cite>emblem-man posted [p:971561017] in How hard i... [t:80347957]...</cite> <quote>Don't do it</quote> ... Copied to Clipboard!
mustachedmystic 02/14/23 11:30:27 AM #3:	Id imagine it is hard to not lose money. --- Sittin' here in a hired tuxedo, you wanna see my bacon torpedo? <cite>mustachedmystic posted [p:971561055] in How hard i... [t:80347957]...</cite> <quote>Id imagine it is hard to not lose money.</quote> ... Copied to Clipboard!
PMarth2002 02/14/23 11:34:34 AM #4:	Its basically gambling. https://www.nerdwallet.com/article/investing/how-to-day-trade-safely#:~:text=It's%20easy%20to%20become%20enchanted,more%20likely%20to%20lose%20money. --- When money talks for the very last time, and nobody walks a step behind When there's only one race, and that's mankind, then we shall be free <cite>PMarth2002 posted [p:971561140] in How hard i... [t:80347957]...</cite> <quote>Its basically gambling.https://www.nerdwallet.com/article/investing/how-to-day-trade-safely#:~:text=It's%20easy%20to%20become%20enchanted,more%20likely%20to%20lose%20money.</quote> ... Copied to Clipboard!
GATTJT 02/14/23 11:34:57 AM #5:	Seems pretty risky considering you have to invest a lot of money to make any sort of decent profit, and if you invest in the wrong thing at the wrong time you could lose big --- http://steamcommunity.com/id/gamerfanfan/wishlist <cite>GATTJT posted [p:971561146] in How hard i... [t:80347957]...</cite> <quote>Seems pretty risky considering you have to invest a lot of money to make any sort of decent profit, and if you invest in the wrong thing at the wrong time you could lose big</quote> ... Copied to Clipboard!
littlebro07 02/14/23 11:35:08 AM #6:	On paper it's easy Buy low, sell high, repeat --- https://i.imgtc.com/MGGa6Os.gif <cite>littlebro07 posted [p:971561151] in How hard i... [t:80347957]...</cite> <quote>On paper it's easyBuy low, sell high, repeat</quote> ... Copied to Clipboard!
famfam 02/14/23 11:36:06 AM #7:	how hard is it to do? not at all how hard is it to make money doing it, probably pretty hard. if it was easy money, everyone would be doing it. <cite>famfam posted [p:971561173] in How hard i... [t:80347957]...</cite> <quote>how hard is it to do? not at allhow hard is it to make money doing it, probably pretty hard. if it was easy money, everyone would be doing it.</quote> ... Copied to Clipboard!
g980 02/14/23 11:36:59 AM #8:	Think about how many hedge funds powered by hundreds of nerdy PhD's with access to an insane amount of data manage to post losses might as well just go to the casino --- These old bones live to learn her wanton ways: (I measure time by how a body sways). <cite>g980 posted [p:971561194] in How hard i... [t:80347957]...</cite> <quote>Think about how many hedge funds powered by hundreds of nerdy PhD's with access to an insane amount of data manage to post lossesmight as well just go to the casino</quote> ... Copied to Clipboard!
Dan_Haren- 02/14/23 11:44:44 AM #9:	Well I would do it with extra cash after my main safe investments and the goal would just be to make extra pocket change. So low risk low reward but it's something <cite>Dan_Haren- posted [p:971561376] in How hard i... [t:80347957]...</cite> <quote>Well I would do it with extra cash after my main safe investments and the goal would just be to make extra pocket change. So low risk low reward but it's something</quote> ... Copied to Clipboard!
Serious_Cat 02/14/23 11:47:24 AM #10:	One thing to keep in mind about day trading is that your gains are taxed at a higher rate than long-term investments. --- I are Serious Cat This is serious thread <cite>Serious_Cat posted [p:971561428] in How hard i... [t:80347957]...</cite> <quote>One thing to keep in mind about day trading is that your gains are taxed at a higher rate than long-term investments. </quote> ... Copied to Clipboard!
NeonTentacles 02/14/23 11:49:48 AM #11:	It's basically just gambling unless you're in a position to inside-trade >_> --- https://imgur.com/aMaI3hj https://imgur.com/7PsdJNc https://imgur.com/eK8vZVn https://imgur.com/u2HR4nG https://imgur.com/nQGM5cZ <cite>NeonTentacles posted [p:971561482] in How hard i... [t:80347957]...</cite> <quote>It's basically just gambling unless you're in a position to inside-trade >_></quote> ... Copied to Clipboard!
Solid_Sonic 02/14/23 11:54:18 AM #12:	As I've always said insider trading is the one crime everyone wishes they could commit. --- Surely if I stick up for rich people on the Internet I'll eventually get a sweet job offer from them, right? <cite>Solid_Sonic posted [p:971561572] in How hard i... [t:80347957]...</cite> <quote>As I've always said insider trading is the one crime everyone wishes they could commit.</quote> ... Copied to Clipboard!
littlebro07 02/14/23 12:14:44 PM #13:	My get rich strategy is to take like $10,000, find 10 promising penny stocks to put $1000 each into, and then just set some price alerts and otherwise forget about it If only I had an extra $10,000 --- https://i.imgtc.com/MGGa6Os.gif <cite>littlebro07 posted [p:971561964] in How hard i... [t:80347957]...</cite> <quote>My get rich strategy is to take like $10,000, find 10 promising penny stocks to put $1000 each into, and then just set some price alerts and otherwise forget about itIf only I had an extra $10,000</quote> ... Copied to Clipboard!
Irony 02/14/23 12:17:40 PM #14:	Difficult if you sleep during the day --- I am Mogar, God of Irony and The Devourer of Topics. <cite>Irony posted [p:971562033] in How hard i... [t:80347957]...</cite> <quote>Difficult if you sleep during the day </quote> ... Copied to Clipboard!
Sexypwnstar 02/14/23 12:19:30 PM #15:	Do it littlebro07 posted... My get rich strategy is to take like $10,000, find 10 promising penny stocks to put $1000 each into, and then just set some price alerts and otherwise forget about it If only I had an extra $10,000 ENZC moon when?! @littlebro07 --- http://i.imgur.com/Su4g5.jpg http://i.imgur.com/21DiJ.jpg <cite>Sexypwnstar posted [p:971562065] in How hard i... [t:80347957]...</cite> <quote>Do itlittlebro07 posted... </cite><quote>My get rich strategy is to take like $10,000, find 10 promising penny stocks to put $1000 each into, and then just set some price alerts and otherwise forget about itIf only I had an extra $10,000</quote>ENZC moon when?! @littlebro07</quote> ... Copied to Clipboard!
littlebro07 02/14/23 12:35:34 PM #16:	Sexypwnstar posted... Do it ENZC moon when?! @littlebro07 any day now like the day after I die peacefully in my sleep in 40 years --- https://i.imgtc.com/MGGa6Os.gif <cite>littlebro07 posted [p:971562379] in How hard i... [t:80347957]...</cite> <quote>Sexypwnstar posted... </cite><quote>Do itENZC moon when?! @littlebro07</quote>any day nowlike the day after I die peacefully in my sleep in 40 years</quote> ... Copied to Clipboard!
__aCEr__ 02/14/23 12:36:59 PM #17:	The taxes make it not worth it. --- See you next Wednesday. <cite>__aCEr__ posted [p:971562409] in How hard i... [t:80347957]...</cite> <quote>The taxes make it not worth it.</quote> ... Copied to Clipboard!
Master_Bass 02/14/23 12:41:41 PM #18:	I wouldn't recommend it. You'll probably be better off just putting money into an ETF that tracks the total market or a segment of it like the S&P500. Just keep adding money when you can and you'll be golden. --- Many Bothans died to bring you this post. <cite>Master_Bass posted [p:971562492] in How hard i... [t:80347957]...</cite> <quote>I wouldn't recommend it. You'll probably be better off just putting money into an ETF that tracks the total market or a segment of it like the S&P500. Just keep adding money when you can and you'll be golden. </quote> ... Copied to Clipboard!
theAteam 02/14/23 12:44:08 PM #19:	It's not impossible to make money doing it but unless you already have a ton of money to utilize it's difficult to build up to a point where it may replace your regular day job. And it's even harder to be consistent over a long period of time. You really need to have control of your emotions cause one loss can lead to ruin if you allow it to. Just because you did well one year doesn't mean next year will be the same, especially times like now where it's tough to know what things will be like from one day to the next. --- Buffalo Bills <cite>theAteam posted [p:971562532] in How hard i... [t:80347957]...</cite> <quote>It's not impossible to make money doing it but unless you already have a ton of money to utilize it's difficult to build up to a point where it may replace your regular day job. And it's even harder to be consistent over a long period of time. You really need to have control of your emotions cause one loss can lead to ruin if you allow it to. Just because you did well one year doesn't mean next year will be the same, especially times like now where it's tough to know what things will be like from one day to the next.</quote> ... Copied to Clipboard!
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Current Events > How hard is day trading?