Archive for April, 2010
I am receiving Unemployment Insurance Benfit and I am about to open an Day Trading Stock Account. Am I still?
I am currently receiving Unemployment Insurance Benefit and I am about to open an "Day Trading Stock Account"…that I buy and Sell stock several times per day. For some reason, I am expecting to earn some $$$ regulary…per month.
Does it consider as an "Other Income"????
Some people say it’s not because it’s an investment.
However, what i going to do is not a long term investment and there will be lot of buy, sell transactions per day. – I will be expecting some thousands of dollars per month.
Am I still eligible to receive unemployment benefits????
I am in California and……to open an stock trading account, i will submit my Social Security # and all the information.
Please advice. thank you.
Your gains will be capital gains, filed on Schedule D. You should consult a tax professional. Early, not at the last minute.
If you really make "thousands of dollars per month" that will probably disqualify you for unemployment benefits. Keep the unemployment office informed of your income. That way you will avoid an unpleasant surprise later.
As a day trader you will need a margin account and $25,000.00 minimum balance. SEC rules! While you are on unemployment some (maybe all) of the mainline brokers will balk at giving you a margin account.
Before jumping into this, you should realize that most day traders do not make money. The thousands of dollars per month you hope to make, is more likely to be a loss.
how to see intraday share trading? plz tell me the website or free software downloadable to see daily stocks l?
I have internet connection in my office, I have no tv here. plz tell me the web site or Downloadable software to see live stocks for NSE etc.I m from India.
I use sharekhan demate and their free software for trading
you should use belowe site for live price change .
Pl. guide 10 Frontline NSE shares one should buy for trading/ short term purpose?
Let me give you a different perspective.
No share is the right share at all times. One needs to move from one share to the next as the market specifies.
Actually it is not very difficult to identify the stock that you should take up now. 10 minutes a day is enough to check it and earn healthy profits of about 40 percent per year consistently. http://www.invest-in-shares-in-9minute.com this site tells about how common investors can invest based on their own judgement spending just 10 minutes a day.
But If you like to go by recommended stocks then drop me a mail at blitz2280@yahoo.co.in, I shall ask a friend who sends out daily recommendation to add you in his list. This way you can keep getting the best share for that time period.
I have zero experience with the stock market, is day trading a bad idea?
I basically suck at my jobs, and i HATE working for the man. My life long dream, or day dream has been to make lots of money with stocks.
I am in a situation where I have disposable income, and was wondering if playing the market is a good or horrible idea.
Please dont advertise to me, just let me know from experience or stories of people who have day traded…
I’ve been trading for 2 decades and the markets are a lot more complex now than they were just even 3 years ago. I would not advise trading if you don’t have full time attention, the right technology, understand the basics of fundamental and technical analysis, a basic education in market history, market psychology, a ton of experience with depth of understanding on how markets really work, and the capital to play in this big game.
I would start by reading this excellent book.
"Manias, Panics, and Crashes: A History of Financial Crises"
http://www.amazon.com/Manias-Panics-Crashes-Financial-Investment/dp/0471389455
Pl let me know where I could safely operate online intraday trading from home with less brokerage.?
Please let me know the exact charges made on Intraday Trading and long trading
RK Global is the best.
Please visit………..
http://tradeniftystockfuture.blogspot.com/
My income from salary(govt)is2.73 lacs&from share trading(short term)is25thousand.What will be my tax laibili?
Tax calculations treating you as male with less then 65 years of age. (Tax free is Rs.1.6 lakhs)
2,73,000 is the salary
1,60,000 less tax free for a Male <65 years
————-
1,13,000 is taxable @10% slab rate (1.6 lakhs to 3 lakhs slab)
======
11,300 is the tax on above 1.13 lakhs
03,750 is the short term capital gains @15% on Rs.25,000
———-
15,050 is the tax
00,452 is the education cess @3% on rs.15,050
———
15,502 is the net tax.
=====
Note: Short term capital gains on shares is 15% tax for this year. Last year it was 10%.
Day Trading UNG ETF and Stock Market Help for July 30
http://www.todaytrader.com. Day trading in stocks is both risky and difficult. Please consult your financial advisor before attempting to trade actively. TodayTrader is not responsible for any content that may be viewed on this channel. These videos are not meant to be recommendations in the market. Day trading equities requires a retail account balance of at least $25,000 and must remain at or above this level to trade stocks actively. This website is not a solicitation to buy or sell securities, options, or futures. The purpose of this content is educational only.
Duration : 0:12:17
Emini Trading – Market Profile on Tradestation, Setting Up profile charts
Emini Trading – Market Profile on Tradestation, Setting Up profile charts. Using Tradestation activity bar and a Free TPO ELD Indicator
Duration : 0:9:21
S&P 500 emini futures day trading education coach Oct 9 live
S&P 500 emini futures day trading coach end of day live trade for about 13 points. Very volitile sell off took a little section of it. Intraday Trading. Http://www.tradingonlinemadeeasy.com
Duration : 0:2:56
Review of Larry Connors’ new book “Short Term Trading Strategies That Work” by Markus Heitkoetter
http://accounts.tradingmarkets.com/r.php?109 – Markus Heitkoetter reviews Larry Connors’ new book “Short Term Trading Strategies That Work”. Get your copy of the book here: http://accounts.tradingmarkets.com/r.php?109
Duration : 0:1:30
