how to day trade w/o a lot of risk?
397923
funny!  You don't.  Day trading is VERY risky no matter how you do it.
422680
You have two logical choices.\n\n1. Invest in the oil companies themselves.\n2. Invest in oil futures or options.\n\nThe safer choice of course would be choice 1.  Futures trading involves much higher levels of risk.
691600
Either buy one key of the white stuff down south and move it up North then flip that double your money in 5 days or Bet 10K that San Antonio will cover against Dallas on Sat. Ha ha that's the risky side. Or just watch the news if they say gas will get MORE expensive just put it all on EXXON stock and wait for their profits to come out get your residuals then sell. It should get you at least 5K. 1 or 2 yr period to double your cash you have to be risky though and watch whats hot on silicon Vally jump on that early
87614
Since you're already just throwing money at the market, Here's three suggestions:\n\n1. Save up $1000 and make one good trade at a time. Don't worry about being left behind. Check out how William O'Neil trades, how Gary Kaltbaum trades, how Warren Buffett trades.\n\n2. Put it in mutual funds.\n\n3. Buy a single call option on awesome companies. Read William J. O'Neil's How to Make Money in Stocks. This is the most risky proposition of the three. Highest possible pay off too. You seem to like risk though! :-) Just keep in mind, if they're out of the money when they expire, they go to zero!\n\nOptions are not for everyone, they are very risky.
239889
Putting to much stock in something..\nFor What Goes Up WILL Come Down...\nTry and contain yourself always..or you'll be headed for a fall..
905774
That all depends on how fast you want. Forex, or the foriegn currency exchange has notoriously high-risk/high-reward positions. If you would, however, like to play with less risk, look for small and or mid-cap stocks which tend to have a higher volatility, that it, they tend to make bigger moves up and down. Do your research, start with a pharmaceutical company with drugs in its pipeline, or find an up-and-coming tech company. Also, I highly recommend international companies, as they tend to have higher returns. Look to China, India, and Russia. They all have ETFs (Exchange-Traded Funds, like a mutual fund that tracks a country!). Russia's is TRF (with an astounding 16.10% Dividend!), China's is FXI (more than 40% growth YTD!), and India's is IFN. Also, SSO double's the return of the American S & P 500. Check them out!
517192
Buy a diversified series of mutual funds. Individual stocks are just way too risky in most cases, especially for novice investors, even if they look like a sure thing.  How are Enron and Worldcom doing right now?\n\nMake sure you hit all the assets classes, like Large cap stocks, small/mid cap stocks, international stocks, emerging markets stocks, government debt, corporate debt, hi-yield debt, foreign debt, emerging markets debt, real estate, commodities, and precious metals. That's 12 categories right there, so let's say you get started with with $1200, you're talking about $100 each. \n\nThen sit back and rebalance each year, back to your original percentages. This is called asset allocation. The thinking being, what's BEEN hot is more than likely not going to STAY hot. All markets, after all, are cyclical.  This is why people who invest their 401(k) by just putting in whatever's had the most recent best numbers never get anywhere--they're investig in something that DID will and IS probably NOT doing well.\n\nThis sort of portfolio should average 8-12% per year, so just split the difference and say 10%. Will it do 10% EVERY year? Of course not. I'd be surprised if it ever did EXACTLY 10%. That's an annual average. With that average, your money should double roughly every 7 years. \nSo, in 7 years you should have about $2,000\nin 14 years you should have about $4,000\nin 21 years you should have about $8,000\nin 28 years you should have about $16,000\nin 35 years you should have about $32,000\nin 42 years you should have about $64,000\nin 49 years you should have about $128,000\nin 56 years you should have about $256,000\nin 63 years you should have about $512,000\nin 70 years you should have about $1,024,000!\n\nOf course, if you keep adding money in, say $100 a month, you'll become a millionaire MUCH sooner. The key is discipline, and sticking in when markets are up OR down. Don't try to time the market--you'll NEVER get it right.\n\nHere's a handy formula:\n\n$100/month x 12% retutn x 20 years = $100,000.  \n\nSo if you invest $300 a month, you can expect to have $300,000 or so in 20 years, depending on what return you get.  And remember, even if you stop there, that money itself will double again in 7-10 years, depending.  Then double again.  Then double again.  You get the idea.\n\nIn short, you can make a HELL of a lot of money, with a small output on your part, if you do it right, and are patient.\n\nOh, and if you qualify, and do this all in a Roth IRA? Then every penny will be 100% TAX-FREE. That's a deal that's too good to pass up. That's why I tell all my under-30 clients--if you make under $90,000, and therefore qualify to do a Roth, you'd be a fool not to. Just having the power of youth (and therefore time) on your side is such an advantage, to squander it would be such a waste!\n\nHope this helps!\n--J.\n\nP.S. The previous answerer's advice about contacting Edward Jones is gold.  I would go to their website at www.edwardjones.com, enter your zip code, and find the closest office to you.  Chances are there's one within 10 miles.  They have 10,000 office in the US, UK, and Canada.  And they will take care of you right if you decide you don't want to go it alone.
729205
Its because the market is constantly changing and thats what day traders try to capitalize on. Stocks make money through either capital appreciation (raises in value) or dividends (money paid out from company). Day traders usually do trades that run from a couple of thousand dollars to much more. They make their money by using the large amount of stock purchased with those thousands and then later sell them after capital appreciation. Meaning the value of the stocks went up and they sold them for more and since they bought so much stock those few cents turned into much more than even thousands in some cases. The reason its so risky is because stocks fluctuate meaning they also go down although historically the stock market continually rises. Hope that gave you an idea.
538721
You're insane.  Buy commodities as a diversifier and inflation hedge only, and as part of a larger diversifed portfolio.  They should make up no more than 5-10% of your portfolio, depending on your personal risk tolerance.  They are VERY volatile, so keep that in mind.  The best way to do it is through a diversifed commodities fund, like the DWS Scudder Commodity Securities Fund.\n\nHope this helps!\n--J.
484335
Instead of trying to get something for nothing, which will only get you opinions and not facts or knowledge, start looking at "how" to invest, rather than "what" to invest in. \n\nInstead of looking at assest classes and divestiture and mutual funds vs Google, find out first the condition of the market, its position, and its trend. All boats rise and fall on the tide, unless you're clairvoyand and can pick the one or two that doesn't. No future in swimming against the tide.\n\nYou have to consider that the Dow is again approaching that all-time historical high set in Jan 2000 at 11,721. Looks like a Double Top to me, but some people say we could double that again. Logically, this is one of the scariest markets I've ever seen in two decades of watching it; just try to find something that is stable, anything. Doesn't exist, does it. Anything could send this market over the edge to the great void. But hey, it might double too, who knows.\n\nThis is simply not a good entry point for investors. Be patient, wait a few months, and you'll be able to buy much more stock a lot cheaper, the risks will be lower (even though they will seem higher), and your chance of success greater.\n\nFor most people, the name of the game is capital preservation. You don't invest when the market gets too risky or too frothy or is nearing a market top or an old market top, or when the market is overpriced, or unstable, and all of these things are true today. There really is a time when cash is King. That 1.5% CD is going to look pretty good when everyone else is cryin' in their beer about losses. Or the market could just go sideways to work off the excesses, but either way, you're safe if you're out. Wanna throw the dice, go to Vegas.\n\nIf you wish to research the “Buy and Hold Strategy” further, or perhaps trade yourself, I recommend two book titles. One is called "Which Is Better, Buy-and-Hold or Market Timing?" The other is "Do You Have What It Takes to Be a Market Timer?" They will give you plenty to think about.
247301
Maybe some tips could be found on www.betonmarkets.com.\n\nOther source are amazon.com's books. Go to the site and search for books with keywords like: trading; wallstreet; expert traders, etc.\n\nHope will help.
1110499
You can day trade the ticker GLD, which is a gold-based EFT.  There's one other, Ishares Comex Gold or something like that, but I dont' know the ticker.\n\nGood luck, I hope you don't lose your money.  Commodities are notoriously unpredictable.
936271
You can trade options on Ameritrade.\n\nAlso, I read a good book titled Options Made Easy. It helped me become a the current profitable options trader that I am. I am currently running a series on my blog about using options called 'creating investment cashflow'. I just wrote part I and will write the next two parts in a few weeks. The point is that you can easily be profitable on options and lower risk with a few principles. Mostly, I try to stay on the sell side of (short) options. Once I started doing that, my investment returns greatly increased, to 80-100% yearly. You may find it interesting. I try to explain step by step how to do it, but they are long reads.\n\nHere is the address: \nhttp://www.gmoolah.blogspot.com/
585700
The proper platform for Day Trading is RealTick at TerraNova. It will cost you $275/mo. No other online broker comes close, so save yourself a lot of effort. You have to have immediate executions, the most tecnologically advanced system in the world (an edge), and a vast array of indicators. This is RealTick.\n\nWhether you make money is up to you.
673039
EAG is trading this morning. $1.54 last trade, has traded over 65000 shares this morning. Whatever broker you are using is a moron. The pennies you are saving from using a moron is costing you lots of aggravation and lost trading opportunity. There are lots of discounters out there...i would find another if i were you!
124038
Day trading is like being a musician.  A few talented and lucky people make a bundle, but most people just get by.  (or worse, for day trading.)  It is easy to become one, just get an online brokerage account.  It is hard to be any good at it.  If you are serious, read William O'Neil's books on his method for "technical" trading, CANSLIM.
141892
go to Schwab.com or Fidelity.com or Ameritrade.com or Scottrade.com\n\nfollow directions, send them money... very easy to do