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Technology Stocks : Ascend Communications (ASND) -- Ignore unavailable to you. Want to Upgrade?


To: Nazbuster who wrote (24759)11/26/1997 4:44:00 PM
From: Tim Luke  Read Replies (1) | Respond to of 61433
 
Dan,

With 25K put on marging and making the right day trades you can 300 to 700 daily. I have alot more then 25 on margin, I'm just using a small figure as an example.

When I have time I will email you with more details just don't give out my email #.

" Never hold a position overnight"
" Volume Volume Volume"
" Never get Greedy"
" Try to start with a 1000 shrares and when you get 1/4 point SELL"
1000 X .25 = $250 minus $30 in com.

$220 in less then 30 minutes, two or three times a day. Thats with only 25K in margin. Now that sure beats a regular job, I know I had one and gave up a six figure income to day trade full time.

I trade a small group of the same stocks daily.