Technical Analysis: Candlestick Chart Online Trading, best online trad...
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Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)
Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)
"Assume you average five trades per day, so if you have 20 trading days in a month, you make 100 trades per month. You make $3,750, but you still have commissions and possibly some other fees. Your cost per trade is $5/contract (round-trip). Your commission costs are: 100 trades x $5 x 2 contracts = $1000." To day trade US stocks, you need to maintain an account balance of $25,000 or more. Start with at least $30,000 if you plan to make more than 4 day trades per trading week. 4 day trades or more per week gives you “day trader status” and you're subject to the $25,000 minimum account balance.
Assume you average 5 trades per day, so if you have 20 trading days in a month, you make 100 trades per month. You make $3,750, but you still have commissions and possibly some other fees. Your cost per trade is $5/contract (round-trip). Your commission costs are: 100 trades x $5 x 2 contracts = $1000. Well, this depends on how much you're risking per trade. If you risk $1000, then you can make an average of $20,000 per year. If you risk $3000, then you can make an average of $60,000 per year. If you risk $5000, then you can make an average of $100,000 per year.
MarketWatch — The allure of penny stocks is simple: They don't cost much money and promise big profits. So penny-stock trading thrives. With a relatively small investment you can make a nice return if — and this is a big if — the trade works out. For example, say you buy 10,000 shares of a $.30 stock for $3,000. Day Trading the Forex Market Part-Time. If you can't trade during stock market hours, you can trade the foreign-exchange (forex) market 24 hours a day during the week, making it a flexible alternative for day traders who only have one to three hours at odd times of the day or night to day trade.
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