#1  
Old 07-18-2009, 04:46 PM
Any Day Traders on here?

Anyone on here do any day trading? Been reading up on it alot but could use some more info, positive or negative. Also run across people who say they make money doing penny stocks?

Anyway post some info or stories here if ya got em!
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  #2  
Old 07-18-2009, 05:06 PM
I do trade a little. If you have a 401k plan, you are a trader, you just might not know it.

I usually stick with well known companies that I know enough about. In my opinion, it is a great time to buy for long term. Stocks are still down, and they will go back up once the economy rebounds. Gas companies are companies I have made a lot of money from in the last few years.

Don't go in expecting to make some quick cash. Invest in companies you know something about. I usually set a certain price that I would sell the stock, this way I make money because the market can get harsh at times, like these last few months.
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