Trading For A Living Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Trading For A Living

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Big Dog who wrote (7)	5/20/1998 9:05:00 PM
From: Dave Twibell	Read Replies (4) of 1729

I agree 100% with Big Dog -- when I started trading, I tried to use E*Trade, since I didn't want to invest the money to get Lev II etc... until I knew what I was doing. What a fiasco. Although I managed to make some money doing this, it was complete and utter luck. You absolutely need real-time information if you want to compete sucessfully as a day-trader. I would strongly suggest you read every SI trading thread and trading web-site front to back before you start dropping your own money into the game. Then, if you are really serious about day-trading, I would commit the resources to get RT streaming quotes, Lev II and time & sales info -- and then study a select few "target" stocks to learn how they move. Only then would I start CAUTIOUSLY trading with real money. One thing any good trader will tell you (and believe me, I am not anywhere near good yet), is that there are always opportunities to make money trading. Don't give into the temptation to just try a trade or two until you know what you are doing. If you lose your trading capital before you understand the rules, you're done. Good luck~ Dave

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next