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Is it profitable to be a day trader?

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Thread replies: 17
Thread images: 3

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Hey /biz/, I'm looking to get into stocks.
I don't wanna lose money, so can anyone tell me where a good place to get started and read up on trading is? I have about 1k and I wanna put it into bcekf. Any information would be great.
>>
>>1064884
You need at least 25K to be legally allowed to day trade in the US. Doesn't mean you can't buy stocks, you just have to wait a bit before you can sell them.
>>
>>1064887
Damn really?
Then what should I do with the thousand. Buy silver? I'm trying to set myself up to have some money in the future. Not like five years per say, but I'd like to turn it into something more than a thousand in like four months, is that possible?
>>
>>1064898
Buy $UVXY when the crash happens
>>
I probably sound like an idiot, but what would you guys do to "get rich quick" what's the best way to say, turn one grand into two as quick as possible
>>
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>>1064906
What the fuck is this, this looks like an illegal market manipulation stock, how is this legal, isnt this just pumps and dumps, explain please
>>
>>1064884

BCEKF
>Negative profits
>Negative cash flow
>All other info is N/A

I'll pass on that one
>>
>>1064921
>What the fuck is this, this looks like an illegal market manipulation stock, how is this legal, isnt this just pumps and dumps, explain please

Are you retarded or trolling?
>>
>>1064949
doesnt the graph look exactly like a pump and dump, wtf is going on explain what that ticker is
>>
>>1064915
>100% return
Investing that will take you well over a decade even if you weren't new and we weren't in a bear market. Your best bet is to literally gamble it on blackjack, 50% odds of success, especially if the dealer has to hit until they're 17 or over (a rule at most casinos)
>>
>>1064954
Agreed, that or some algo on the loose, either case, it looks poisonous.
>>
>>1064954

UVXY is a leveraged etf that tracks the VIX, an index of option prices on the S&P 500. Stay away from it, you will lose your money. Also don't buy bcekf, you will lose your money. Watch this video, it is good for you.
https://www.youtube.com/watch?v=ObYuwuw1ZUY
>>
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>>1064887
not if you wanna day trade cryyyyyyptoooooos
You can trade all day with justa 100 buxx.
>>
>>1066415
this guy is a scammer and a conman.
>>
Day trading is mostly about making small gains per share that add up. You need a fuckton of money to play with if you want to make a living off of it.
>>
>>1066635
30k?
>>
>>1066640
With decent diversification? No
Going YOLO, sure.
Thread posts: 17
Thread images: 3


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