Anonymous
Post 07/15/2013 13:10     Subject: Day trading with personal finances
"I wouldn't be surprised if those wall street folks have a term for people who gamble with their own money."

I think that would be "day trading muppets"
Anonymous
Post 07/15/2013 06:27     Subject: Day trading with personal finances
I wouldn't be surprised if those wall street folks have a term for people who gamble with their own money.
Anonymous
Post 07/14/2013 23:35     Subject: Day trading with personal finances
Sure, just watch a couple videos and learn a system and you will be outfoxing those Wall Street guys in no time!
Anonymous
Post 07/14/2013 22:15     Subject: Day trading with personal finances
The real day traders don't use their own money. Had a friend who did it many years ago. Now it's about computers, programing, small margins-large volumes, thousands of trades a second.
Anonymous
Post 07/14/2013 19:37     Subject: Day trading with personal finances
Inside trading is where the real money is. Good luck to her. Hope she sets loss limits. Market seems to be up, so maybe she will think she's a genius (or maybe she's been "day trading" since December, and that's what's given her the confidence.)
Anonymous
Post 07/14/2013 19:31     Subject: Day trading with personal finances
She will learn and pay the expensive lessen.
Anonymous
Post 07/14/2013 19:04     Subject: Day trading with personal finances
It's stupid. Most people can't do this and make money.
Anonymous
Post 07/14/2013 16:00     Subject: Re:Day trading with personal finances
what is "momentum trading"?

How do you learn to do this or what you do 15:26?
Anonymous
Post 07/14/2013 15:26     Subject: Day trading with personal finances
Why on earth are you so ready to criticize?

DH and I have done short-term trading on our own, with happy results - it pays our mortgage. Not day-trading. Perhaps SIL is not using the exact term, but it does not mean she is necessarily going to lose all her money! Especially if she is young and has time on her side, it's a good time to experiment if she is curious about trading.

Really. Some people are so judgmental.
Anonymous
Post 07/14/2013 15:20     Subject: Day trading with personal finances
It is pretty stupid. Some people have a talent, or are extremely lucky. I have a friend who has generated good returns over the last decade, though he does momentum trading rather than day trading per se, but for the vast majority of people it is a terrible idea.
Anonymous
Post 07/14/2013 14:45     Subject: Day trading with personal finances
My sil is moving to Europe (trailing wife following dh in foreign service). She's quitting her job here for obvious reasons. When asked about her employment plans once abroad, she's informed us (confidently) that she is day trading. Fil implied that she is taking an Internet course And the will trade with her own money. They are a relatively young couple (twenty something)

Is this as stupid as it sounds or am I missing something?