- Sep 16, 2007
- 231
- 10
Awesome, thanks for answering my questions. Is there a limit to how many trades you can do per day? Cuz it seems too good to be true.. You can knock out 5k aday like this easy..
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Originally Posted by andycrazn
dlm just broke its 52 week high
Originally Posted by imahustla08
Awesome, thanks for answering my questions. Is there a limit to how many trades you can do per day? Cuz it seems too good to be true.. You can knock out 5k a day like this easy..
yeah that's what I wanted to say. You can get below 25K very fast easily. Don't make any moves you're not sure of.Originally Posted by LiLcHiCo4LiFe
Originally Posted by imahustla08
Awesome, thanks for answering my questions. Is there a limit to how many trades you can do per day? Cuz it seems too good to be true.. You can knock out 5k a day like this easy..
No there is not limit to how many trades you make per day.
btw, it's not as easy at it seems. Trust me.
Originally Posted by imahustla08
I mean im looking at C and its been trading at 2.96 - 2.97 for the past few hours.. isnt that guaranteed to work?
Originally Posted by imahustla08
Excuse the ignorance everybody, Im just getting into the stock game. Quick question, I want to scalp stocks and understand that you have to have a $25,000 minimum in your account. Can I just do this: wait till it goes up one penny and then sell, and repeat the process throughout the day?
ie
Buy a stock for 3.50 and sell for 3.51 (25,000 / 3.50 = 7142 x .01 = 71.42 minus $20 commission fees = 51.42 profit. Cant I do this and make a pretty good amount by the end of the day? or am I confused?
Originally Posted by LiLcHiCo4LiFe
Originally Posted by imahustla08
I mean im looking at C and its been trading at 2.96 - 2.97 for the past few hours.. isnt that guaranteed to work?
There are no guarantees.
I think the insiders are getting in knowing news will be released shortly.Originally Posted by LiLcHiCo4LiFe
Looks nice, but I don't see any news on it.
Originally Posted by imahustla08
Chico, I plan to drop 26k into the account and going in and out with 25k nonstop throughout the day. What do you think about this? I will do a stop a few pennies so the risk wont be big.
im trying to make this a long term play but i dont know its kinda hard doing it. il see what happens the first dividend payments comes around.Originally Posted by LiLcHiCo4LiFe
Originally Posted by andycrazn
dlm just broke its 52 week high
Nice! Did you take profit?
i dont know if this is a good thing or bad thing.... will this make it more volatile?Originally Posted by LiLcHiCo4LiFe
Just a heads up...
FAZ and FAS will have a reverse split on July 8th.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6396328
yeah I wanted to know the same thing. what are the consequences of this?Originally Posted by andycrazn
i dont know if this is a good thing or bad thing.... will this make it more volatile?Originally Posted by LiLcHiCo4LiFe
Just a heads up...
FAZ and FAS will have a reverse split on July 8th.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6396328
Originally Posted by freakydestroyer
yeah I wanted to know the same thing. what are the consequences of this?Originally Posted by andycrazn
i dont know if this is a good thing or bad thing.... will this make it more volatile?Originally Posted by LiLcHiCo4LiFe
Just a heads up...
FAZ and FAS will have a reverse split on July 8th.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6396328
Originally Posted by freakydestroyer
Originally Posted by deeice30
cnxt, acas, uis
any reason for this?
ThrowedInDaGame wrote:
Originally Posted by freakydestroyer
yeah I wanted to know the same thing. what are the consequences of this?Originally Posted by andycrazn
i dont know if this is a good thing or bad thing.... will this make it more volatile?Originally Posted by LiLcHiCo4LiFe
Just a heads up...
FAZ and FAS will have a reverse split on July 8th.
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=6396328
For FAS, every 5 shares you have, you will now have 1.
For FAZ, every 10 shares you have, you will now have 1.
So shares are reduced, but price increases.
As for the question on volatility, I'm not sure.
These are decaying ETF's so in a few months, I expect the pps to be down to where they are now and they'll repeat the process all over again.