RE:Whiplash city!Hey Zalmonella, You're right, I am having a lot of fun. I switched over to trade LSPD because of it's incredible volatility and crazy upward swings like today and because I also get way more shares for my buck than with NVEI. Bought 2700 shares at $35.53 today and got out at $40.42. At a take of $4.89 a share, I made a real killing of $13,203 on just this one trade today. GLTY.
*** Disclaimer: Day trading is NOT easy money. I don't recommend anyone day trading, unless you reeeally know what you are doing. Trades can easily go against you, with you losing money. After a few losses, like a gambler, taking ever bigger risks, trying to make it back, it can progressively lead to bigger mounting losses, with you eventually blowing up your account and losing it all. Stat: 90% of all day traders lose their capital, fail and are forced to give up. 5% of day traders continue trading with negligible success while breaking even, then give up. Only about 3% to 5% of all day traders consistently make decent money. They tend to trade for a full time living/income/profits. So be forewarned! The odds are highly stacked against you. If you still want to daytrade, then swing trade instead. The odds are more heavily in your favor of being successful. Occasionally, I do swing trade.