Step 1. Open an E-Trade account. Step 2. Fund the account. Step 3. After your brokerage account is open - open a margin account. Go to the Home page click (Documents) drop down menu click (Forms and Applications) Go to Margin Upgrade and click (Apply online). Any questions call. 1-800-387-2331 They can take you step by step on how to open a Brokerage and Margin account.
Congratulations on your new brokerage account with E-Trade. Login into your account. On the far right click (Launch Pad). Look for Power E-Trade, Click (Launch). Pop up window click (OK). Right above the word Trading (slight right) look for the symbol that looks like a lightbulb (click the lightbulb). The drop down menu click (Platform Tutorial Videos). Under Platform demos click (Power E-Trade).
(Power E-Trade). Make sure you watch Videos: Stock trading on the Power E*TRADE platform - Identifying Opportunities using Live Action - Automated Pattern Recognition - Stock trading on the Power E*TRADE app and Technical Analysis. (Stop)
Scroll back up to Platform Demos - Underneath, to the left of Power E-Trade Click (E-Trade).
(E-Trade). Make sure you watch Videos: Stock trading on etrade.com - How to use the Stock Screener - Stock trading on the E*TRADE app. (Stop)
Go to E-Trade home page, click (Transfers) Drop down menu click (Transfer Money) - Click (External Accounts) - On the far right click ( Add External Funding Account) Follow instructions.
With Power E-Trade: Launch Power E-Trade, Under trade type in your ticker that your trading, Underneath the name of the company you will see a arrow click the (Arrow) so it is pointing down, Above the name of the company look for studies click the (Arrow for drop down menu) Click (Volume) change the up volume to (Green) and change the down volume to (Red) Click (Save).
With Power E-Trade: Launch Power E-Trade, Look for tabs - Views, Display, Studies, Events, - To the far right you will see two squares. Click ( The Squares) Go to the Top/Right where it says Chart, Click the (Drop Down Menu) Then Click (Chart & Ladder)
E-Trade: How to find and buy stocks. (Watch)
Day trading is a form of speculation in securities in which a trader buys and sells a financial instrument within the same trading day, such that all positions are closed before the market closes for the trading day to avoid unmanageable risks and negative price gaps between one day's close and the next day's price at the open. (Watch)
Over-the-counter (OTC) refers to the process of how securities are traded for companies not listed on a formal exchange. Securities that are traded over-the-counter are traded via a dealer network as opposed to on a centralized exchange. (Watch)
The U.S. Securities and Exchange Commission (SEC) uses the term “penny stock” to refer to a security, a financial instrument which represents a given financial value, issued by small public companies that trade at less than $5 per share. Penny stocks are priced over-the-counter, rather than on the trading floor, hence the use of the name “OTC stocks.” The term “penny stock” refers to shares that, prior to the SEC’s reclassification, traded for “pennies on the dollar.” (Watch)
What is Buy The Dips? Buy the dips refers to purchasing an asset after it has declined in price. Buying the dips has different contexts, and different odds of working out, depending on the situation in which it is utilized. Some traders may say they are buying the dips if an asset is in a long-term strong uptrend. (Watch)
These are the most common first green day patterns: Stocks pull back. They consolidate (sometimes for the entire day) They crack around 2:30 p.m. (And when they crack at that time, you can never tell if they are going to gap down or gap up in the second day) (Watch)
A watchlist is a list of securities monitored for potential trading or investing opportunities. Investors track the list to analyze price movements and spot trading opportunities. (Watch)
A candlestick chart is a style of financial chart used to describe price movements of a security, derivative, or currency. Each "candlestick" typically shows one day, thus a one-month chart may show the 20 trading days as 20 candlesticks. (Watch)
A trading journal is where you track your daily progress as a day trader. Typically, trading journalentries include details about your trades (or notes on why you didn't trade), what you did, and your overall results. (Watch)
In the United States, a pattern day trader is a Financial Industry Regulatory Authority (FINRA) designation for a stock trader who executes four or more day trades in five business days in a margin account, provided the number of day trades are more than six percent of the customer's total trading activity for that same five-day period. (Watch) To avoid the PDT Rule (Watch) OR just have a cash account AND only trade whats in your account. Margin Account vs Cash Account: Which is right for you? (Watch)
An order is an instruction to buy or sell on a trading venue such as a stock market, bond market, commodity market, financial derivative market or cryptocurrency exchange. These instructions can be simple or complicated, and can be sent to either a broker or directly to a trading venue via direct market access. (Watch)
Supernovas occur when stocks experience high volume and high volatility. It's an explosion in price that can provide many buying opportunities on the way up. Then there's a huge drop in price which provides opportunities for short selling on the way down. (Watch)
One of the most enduring sayings on Wall Street is "Cut your losses short and let your winners run." Sage advice, but many investors still appear to do the opposite, selling stocks after a small gain only to watch them head higher, or holding a stock with a small loss, only to see it lose even more. (Watch)
Do NOT invest / Trade more than 30% of your account... Start off small and grow... This is not a race. Race to grow your Knowledge account...
A paper trade is a simulated trade that allows an investor to practice buying and selling without risking real money. The term dates back to a time when (before the proliferation of online tradingplatforms) aspiring traders would practice on paper before risking money in live markets. (Watch)
A trading halt occurs in the U.S. when a stock exchange stops trading on a specific security for a certain time period. The halt, which can happen a few times a day per security if FINRA deems it, usually lasts for one hour, but is not limited to that. Trading halts can happen any time of day. (Watch)
+Market opens 9:30am to 4pm EST, +Rolling five day trade - 3 trades per 5 business days with a margin account, +Always give yourself some room to take a risk if the stock drops, +Prepare one hour before the market open, +Look for midday dips, +Dip buy when the stock dips 20% or more, +Be willing to risk some loss, Cut your losses quickly, +Only focus on 2 or 3 tickers, +Do your homework, +Stop losses are important so I don't panic and sell to early, +Sometimes the best trade is NO trade, +Do market scans twice - one at night and before market open, +Think of a reason not to trade, +Take small risk - Do NOT size up to fast, +Do only limit orders not market orders, +News moves stocks, +This is a journey - not a race, +Dip buy morning panics - after it's been running for days or weeks - right after morning open -Caused by stop losses with no bad news, +The best spike on Monday is with a good set up close of day on Friday, +It's ok to miss - you're not going to win every time, +Technical breakout is buying above the morning high, +It's better not to have stop losses - only in your mind - pay attention and know where you want to stop, +Plan your trade and trade your plan, +Carry over on news - If one company has good news - it's possible another company in the same industry can do good as well, +Focus on one pattern, +Do not trade sideways stocks, +Look for the run up, +Always have a plan, +Do not trade right at opening - avoid pre market trading, +Do not trade more than 30% of your account, +Look at history of stock, +Buy the rumors - sell the news, +Take singles and doubles - don't always go for the home run, +Control your emotions, +Don't believe in the company -expect the worst - focus on the action of the trade/ticker, +To many halt stops are not good, +If I don't know use Google or YouTube, +Make a throw away email - go to google type in hot penny stocks and sign up for multiple mailing list, +Invest no more than you're willing to lose, +
Day trading is in the details, not the high or low but the meat in between. Even if the stock is doing bad, there are opportunities in the bad. Day trading is buying and selling a stock / ticker in the same day.
Penny Stocks / OTC Stocks are Stocks that are for sell under $5.00 USD. Penny Stocks are companies that are trying to grow to a large company or a large company that is doing bad and trying to survive or rebound.
Penny Stocks are stocks that are traded under $1.00 USD - Remember this is just to buy and sell the same day - NOT to hold and sell weeks, months or years down the road... Just in and out...
Go to YouTube Timothy Sykes page and type in (Dip Buying Morning panics) Study as much as you can...
Go to YouTube Timothy Sykes page and type in (1st Green Day Stock Pattern) Study as much as you can...
Stupid Simple (& Effective) Day-Trading Patterns for Beginners
Pick the Patterns that works best for you. Don't have to many in the beginning, Just focus on one or two...
Look, be patient and wait for the right move. Don't strike at every play...
Look for 1. Look at the chart, 1 day, 5 day, one month, one year. 2. Look for what's hot of the day, do homework the night before the trade. 3. Look out for good or bad news.
A watchlist is like a battle plan before you go into battle. The stock market is like a battlefield and you need to strike like a Expert Marksman.
Go to YouTube Stocks To Trade page and type in (Dip and Rip) Study as much as you can...
Stocks, Tips, and Stock Market Dips : A Guide for New Investors in the Stock Market. By: Delia Williams
The Adventures of Zechariah and the Talking Money Machine is a delightful children’s story that introduces financial concepts such as stocks and investments. With eye-catching graphics and an exciting storyline, your child can follow Zechariah as he leads the Toy Coins on a quest to avoid the hungry, Money Machine. The first in a series of children’s books on financial education, The Adventures of Zechariah and the Talking Money Machine is one book you will want to add to your children’s library.
Stock Sista's Invest like a Journal; 200 pages; 6x9 lined sheets; Can be used for a journal for stock market daily trader or investing notes; Sewn binding keeps pages securely attached; Great for school aged and college students, business people, new and active traders; journaling and record keeping. Can be used to establish strategies, right stocks or investment securities; create a passive income strategy; goals; write down your thoughts about the stock market truth or myths; established trends; creating a portfolio; write or journal how the stock market will work for you. Grab one for you and another stock sista.