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Re: sam the sound guy post# 43689

Wednesday, 06/02/2010 10:46:52 AM

Wednesday, June 02, 2010 10:46:52 AM

Post# of 46420
that's a hard question to answer. first off in the states you need a 25k margin account in order to be able to do more than 3 or 4 day trades a week. most important thing for day trading is liquidity and many OTC stocks don't have enough liquidity. some of the sub-penny stocks do, but that's a very tough game and most newbies lose pretty fast. an example of a big board stock with great liquidity that realperson and i really like is HL, but we are more swing traders. i seriously suggest you paper trade for a while to get a feel for markets. the majority of folks who think they are going to be day traders lose their money pretty fast ... jmho

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