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JJ8

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Alias Born 02/13/2012

JJ8

Re: cadillacdave post# 9306

Thursday, 05/09/2024 4:43:57 PM

Thursday, May 09, 2024 4:43:57 PM

Post# of 9597
That sounds a bit like day trading to me. Whatever works for bottom line profits for anyone in the stock market.

A smart day trader looks and finds opportunities to profit from short-term asset price swings.

In the morning one might predict that a stock may increase in value by the afternoon, so, buy early in the day and hoping to sell in the afternoon at a higher price one could hope to make profits. Alternatively, if one thinks an asset’s price will fall in value, one could short sell early in the trading session before buying later at a lower price to close one's position.

Since these price changes and potential profits can be fairly small, day traders may make many trades.

May be this is why he called "Flip, flip, flip" in an earlier post a bit boasting and as if his special way in response to market "manipulations".

I agree that Money can be made from various ways in the market. He comes across as he is doing well, but at times it makes me feel he comes across a bit angry or disappointed may be at the inequities..

As a day trader he might also use leverage, like borrowing money with margin loans to make larger investments than they could by using only the cash they have on hand. Leverage involves significant risk and can expose one to extreme losses, as well.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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