Is it possible to make a living buying and selling stocks and shares?
Saturday, December 14, 2013
, Posted by Ryanita at 12:00 PM
barry d
I was told about forex and day trading but I think it might be a scam.
Answer
Conservatively, you can average about 12% a year by buying large-capitalization stocks and selling (also called writing) call options to collect a premium. So you can make about $12,000 for each $100,000 in your account. With a $500,000 account, you would make about $60,000 a year. With a larger account, of course, you could make more.
Another way to make consistent profits in stocks in "swing trading," going for small moves of several days to several weeks in stocks or stock options. I use Japanese candlestick charts to swing trade, and have been averaging 8% to 12% a month, using some leverage. Instead of buying stocks, I buy deep-in-the-money options, going both long and short. Doing this, even a small account of $100,000 can make you $8,000 to $12,000 a month, an amount many people would consider a very comfortable living. Get a book on Japanese candlestick trading, paper-trade for a while (just make "pretend" trades, tracking the results in Yahoo Finance) until you become proficient at recognizing and acting on the signals.
Conservatively, you can average about 12% a year by buying large-capitalization stocks and selling (also called writing) call options to collect a premium. So you can make about $12,000 for each $100,000 in your account. With a $500,000 account, you would make about $60,000 a year. With a larger account, of course, you could make more.
Another way to make consistent profits in stocks in "swing trading," going for small moves of several days to several weeks in stocks or stock options. I use Japanese candlestick charts to swing trade, and have been averaging 8% to 12% a month, using some leverage. Instead of buying stocks, I buy deep-in-the-money options, going both long and short. Doing this, even a small account of $100,000 can make you $8,000 to $12,000 a month, an amount many people would consider a very comfortable living. Get a book on Japanese candlestick trading, paper-trade for a while (just make "pretend" trades, tracking the results in Yahoo Finance) until you become proficient at recognizing and acting on the signals.
I am looking for free live forex charts that uses candlestick as a chart option. can anyone help?
bryant w
I have come accross some free forex candlesticks charts but the bars/chart were so small that I could barely see the candlestick bars. I am looking for nice clear candlestick charts for forex. I appreciate the help
Answer
Hi,
www.Oanda.com provide good charting Free of charge. You can sign up for a non expiring demo account. Or you can join Fxcm.com for demo account, but the account expires in a month time. and you can get trading signals from www.forex-signals-4u.com
Hope the above helped.
Hi,
www.Oanda.com provide good charting Free of charge. You can sign up for a non expiring demo account. Or you can join Fxcm.com for demo account, but the account expires in a month time. and you can get trading signals from www.forex-signals-4u.com
Hope the above helped.
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