YHOO's trading range: 28.20 to 28.4, not much room to play unless trade with a few K shares. Short-term might still favors long for upside break, 28.40 resistence is heavy. http://charts.dacharts.com/2007-04-18/smallcaptrading_99.png
PT, How do you not get raked over the coals with such low volume stocks? TRBR only trades 5000 shares daily avg!
Posting .jpg images of your profit and losses means absolutely nothing. Everybody knows these images can be edited. You didn't show us the whole story. Only very naive people will believe you made 998.00 today. Show us your WHOLE trading recored instead of just your profit. Show us how many shares you traded, etc...I think your real profit was more like $8.00. Here is your real profit. 8.00 And here is what you said you made. The moral of the story is that ANYBODY can put ANYTHING in the profit box with a little bit of creativity and software. Simple. Easier said that done. Now show us some real proof.
With 25k you can trade 2000 shares of AAPL on margin. No need to trade anything else, just AAPL. If you cannot scalp .15 cents off of AAPL within fiteen minutes of the open, you really should not be trading. A twelve year old should be able to do this. That's +300 a day on your 25k. Not only doable, but easy, assuming you can trade worth a damn.
How do you trade 2000 shares of a $90+ stock with 25K + margin? Are you getting 4X margin? More like 500 shares. Or is there a class B I don't know about.
You can't trade 2000 shares of AAPL with 25K. AAPL is a 90.00 stock. You need 180,000.00 to trade 2000 shares of AAPL. Brokers only give 4 to 1 margin, which will give you 100K. As soon as your account goes below 25K, you are locked out from trading until you bring it back up to 25K.
TJMXXX, I'm curious, because I don't think I can do it. How would you scalp 15 cents off of aapl everyday?