Recent content by brett

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    minimum stock value for day trading?

    I have recently read a review from someone who attended a day trading (stocks) seminar who said he learned to only trade stocks valued at over 30.00. Another trader said he starts them at 20.00. Neither one gave a reason but I would be interested to know how some of you feel about that and...
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    Newbie Q about trading futures

    Thanks Alex, thanks a million for your help. What you taught me about number of contracts that I could trade is what I initially thought. I know all about over-leveraging so that is not an issue. I do believe in tight stops and letting winners run. I have had good success day trading stocks...
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    Newbie Q about trading futures

    ok Hmm, are you sure? I could have sworn the required trading margin meant per contract but what you say kind of makes sense too. Technically, someone could get whole lot of leverage (high risk) with that, amen? According to what I think you are saying, it seems that each future has a...
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    Newbie Q about trading futures

    Hey all. I am a total newbie and have only traded stocks but because of the pattern day trading restrictions, I am interested now in futures. Can someone answer a couple of very basic questions for me? I am a little fuzzy on what a contract and tick is actually worth. For example, according to...
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