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Old 02-20-2005, 03:20 AM
wickedgoodtrader wickedgoodtrader is offline
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Join Date: Feb 2005
Posts: 72
Default Re: Newbie to swing trading

Your 6k will get you 12k in buying power on margin. This is how you start making cash. I am a day/swing trader and I think it's the only way to go. I don't understand how guys will settle for a 10% return on their money a year. I will do 10% in 10 minutes. Anyway... I've played poker successfully for over 4 years now and find daytrading much more exciting. I don't work in the winter, poker was my job.. I would sleep in until 4-5pm everyday and hated it. The market gives you somethign exciting to wake up for. You could drink till 5am and get up at 9am for the market and not hit the snooze once. Just run with the hype... ride it up as far as it goes.. when it turns around sell. If you jump in and unexpectedly it starts to fall.. sell right away. It's almost too ez.
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