Doesn't surprise me that wall street is rigging the market. Just crazy how openly they are doing it
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What does everyone think about the viability/sustainability of day trading? I work from home full time (lots of time to monitor), and have always kept quite a bit of cash in savings (which gets basically nothing in interest).
I recently put 30K into my TD account, and have been doing some simple trades. My thought is to monitor a series of stocks, and day trade one or multiple of them a day depending on trends/market conditions. By doing so, the goal would be to make a couple hundred dollars (or more) more days than I lose a couple hundred or so dollars. I wouldn't plan on holding long term, just round-trips.
I'm relatively young (33), only debt is a mortgage, and have separate retirement accounts. Thoughts/advice?
Quoted from Bork:For those of you with an AMEX card, you can select Motley Fool under your offers. Then get the Motley Fool premium for 1 year. It will cost $99, then you'll get a credit of $99 from American Express.
I just joined.
Nice! Thanks for the heads up
Quoted from robertmee:Bought a little HITIF penny stock today. Another weed stock, but this one is trading OTC and there's talk of it being listed. They submitted their Nasdaq application Jan 25th. This will be a longer play than HCMC, but after selling SNDL, I need some pot...lol. Everything else is too overpriced right now. If it makes it on the major exchange, it will likely jump to $3 or $4. Then all the RH/WSB crew will jump on board, pump it another few $, then exit time.
Edit to add: Short positions on this stock have dramatically dropped also. Another good sign, I believe.
As always no financial advice, do your own DD!
You still holding HITIF? Bought another block of shares when it dipped today.
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