larry1087 t1_j2ddeuz wrote
You lost more trades than you won and that's obvious by your chart. Looks like you had a few great trades then for more than 6 months slow and steady loses .. this is why you shouldn't day trade. You got lucky and that's all bud. Smart move putting the money in savings I'll give you that.
vegastrashy t1_j2driiu wrote
You actually read the chart? That’s a few minutes you’ll never get back. Anyway, this maniacal fantasy goes on to say it’s in an E*Trade “bank,” something that doesn’t really exist. It’d be a money management account with some bank-like features, it could have a debit card, and it’s most likely connected to the origin brokerage account for immediate EFT (transfers). The long and the short of this story is this person seems somewhat impressed with the mundane aspects of money management, from car insurance to savings accounts and likely is very new to managing money, windfalls or debt. I’d not do business with him or most people, the arrogance is thick as fog with about the same substance.
mbcls OP t1_j2eqqwc wrote
yeah? i should "invests" instead of daytrades? how much "investors" made, err lost this year?
larry1087 t1_j2f2cw1 wrote
Dude you were up around 300% then you lost most of that. That's not what a good day trader does. Also there are many other forms of investing other than just day trade and long term. Swing trade and short term trades are among those. Day trading isn't about huge gains. It's about being consistent. Anyway it's your money I don't care either way what you do. I'm just saying day trading may not work out for you based upon your performance since June...
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