Newbie trader needs info

Discussion in 'Professional Trading' started by newbietoronto, Jan 15, 2009.

  1. thanks cfelicio that is exactly the info I was looking for..



    thanks to all the other homos who couldn't read , maybe you all can follow me to the casino tonight and tell me where to invest my money.
     
    #11     Jan 16, 2009
  2. =====================

    Well NewT trader, if you have $5,000 in your account & trade $5k;
    both your broker & the laws of probability would frown on this.
    Not the 5% profit, thats fine..............................3 days to clear funds, ask broker.

    Also you said you run your own business, fine, me too:cool: ;
    what about your plan reguarding your trading busines exspenses, which are losses in trading???????????????????.
    %%%%%%%%%%%%%%%%%%%%%%%%%%%%%%

    Also with the exception of oil/oil stocks, some real estate uptrending;
    study investors.com, that's part of wisdom.
    200 day moving average means most all is bearish,.You sell to open in a bear,[sto] ;
    sell to close in a bull market[stc].

    Bottom line, a a polar bear is created a polar bear, ''no bull'';
    no way is a bear[sell] market similiar to a bull[buy ]market].Maybe a new bull market now in oil/oil stocks................................................................
    Sincerely
    murray t turtle

    :cool:
     
    #12     Jan 16, 2009