anybody have any good links on the basics and how to get started?

If you have to ask then it's not for you.

thats the dumbest thing I've ever heard, what were people born with the ability to day trade?

maybe you shoulda said something like, if you don't know everything about it it's a bad idea to get into it

yeah obviously

You're asking people on a honda forum for advice on daytrading. Seriously. If you want to throw your money away bad enough AT LEAST visit a website dedicated to the practice.

Huh? You're telling me that if you had thousands of dollars to waste you would go to a honda forum and ASK random people how to get started?

No. You would do the research yourself from established websites that have far better resources than honda-tech.

It wasn't legitimate it was just plain dumb.

OP - don't ask how to invest your money. Find out by researching it yourself, which was the point I was making.

The information is already out there.

I would hope the OP would research other wesites and forums but whats the point of H-T? To converse on similar like, wants, needs, reconmendations etc. Why not ask here, he's already struck accord with members on here and this forum has helped out alot of people including myself.

Instead of bashing the OP why dont you send him in the right direction with these links and places he can get the information.

Quote, originally posted by dazman696969 »

anybody have any good links on the basics and how to get started?

???????????? really?

oh is that a new website? google? I didn't know I could do that, why thank you for the 10,000 links

maybe you could direct me to some that have better information then others?

We're talking day trading here. It's a stupid way to try and make money where a majority of those who do try lose. This is not the place to ask for help. Use google and find the sites yourself. I don't think people on h-t should show others how they are most likely to lose money.

For those of you you claim to be successful - save it. I do not care to hear your fishing stories.

it's a risky way, but not stupid

the risk is just as great as the reward

Sure. Then we can create a thread dedicated to making money on poker.

Quote, originally posted by dazman696969 »

it's a risky way, but not stupid the risk is just as great as the reward

So is gambling.

Maybe Money and Investing mean something different to you but I generally would not lump net loss money schemes as something that should be discussed in this forum. GDD is more appropriate IMO.

An investment should not be attributed to gambling or similar schemes.

your arguement reminds me of a little kid, you know damn well that is a terrible comparison

OVER 80% of day traders LOSE money. I cannot fathom how you fail to see a comparison to gambling. Start reading.

"A new investigative article released earlier this week by Casino Gambling revealed a close link between Internet gambling and online day trading.

The article, written by Terry Goodwin, titled 'Legal Internet Gambling in the US', was written to describe the almost identical characteristics of each of the two hobbies.

Terry described how each industry is promoted in the same way. He described how the sign-up process is almost identical in both industries, the depositing process is actually easier as a day trader, and he found the risks to be much greater for the online day trader.

The article reveals a few things, here are some conclusions from his research.

Starting out as an online day trader you must find a place online to make your trades. There are more than a few places competing for your account. Each offers a bonus for signing up, each offers competitive rates per trade, each entices you to sign up with them.

Starting out as online gambler you must find a place online to play. There are many places competing for your account. Each offers bonuses for signing up, each brag about their high payout rates for all games, each one entices you to start playing with them.

For both online day trading and online gambling you must provide proof of your age, that is, you must click the box that says you are over eighteen. For both online casino players and online day traders you must be able to deposit money into your account. Day traders have the option of keeping an unlimited amount of money in their account. Through Neteller, online gamblers have automatic limits on how much they can deposit per week.

Day traders can buy a stock that goes out of business, even though news says the company is doing well. Gamblers are told the payout percentages of slot machines and are aware that they will most likely lose their money. Day traders have a serious reputation for making very intelligent people go bankrupt. Type in 'day trading' into Google and every site you find will warn you of the very serious risks involved. Yet, with no training at all you can easily sign up, deposit money and start trading.

Day traders have the ability to borrow from the place that hosts their account. The gambler cannot do this. This means a trader can deposit money, lose it, then borrow more from the trading company. A gambler can only deposit what they have if they have not yet reached their limit.

Day traders make very few people rich. Gambling makes very few people rich. Day trading is highly addictive. Gambling is also addictive.

Online day trading is legal and accepted by the United States government. Gambling at online casinos is also legal, yet not accepted by the United States government.

The United States Department of Justice has been in a war against online gambling related companies in the past year, while online day trading is thriving.

This is a situation that needs serious attention from the United States government. Either legalize Internet gambling, or criminalize day trading. It should not be any more complicated than that."

http://www.casinogamblingweb.c....html

Day trading is NOT a thriving business, it's dying more and more by day.

http://www.sec.com -> search proprietary trading regulation

Modified by Matgallis at 7:10 PM 6/25/2008