I'm currently getting about 250% a year return from daytrading.  Can I do better than that?
93635
To all other answerers,\n\nThis is not really a question of can I do better?  What the asker is looking for is recognition on how well he's doing right now.  An ego stroke, if you will.  Here goes:\nNo, you can't do better, you are amazing! I hope to be like you when I grow up.
314414
$25,000 according to the SEC\nhttp://www.sec.gov/answers/daytrading.htm
27267
You are asking for a 45% annual compounded return!  It is possible to do that if you get very lucky witb a very small portfolio of small stocks.  It is also possible to win the lottery.  Neither of these alternatives is really "investing", they are both gambling.  By the way, anyone who says they know how to that is either lying or delusional.
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.
1034247
No. It would not. Go ahead and do it. When I started I put all my money into one stock--10 shares of Household Finance.  You have to start somewhere and sometime.  Now is a better time than a month ago.   But next month might be a better time still or even next year.
381960
firms that teach daytrading? they all suck.\n\nbrokerage firms that allow daytrading, that is a different story. check out barrons, smartmoney, wsj, kiplingers, money mag, gomez, they all do some ratings.
905594
It depends on how risky you want to be.  Do you feel confident about your ability to play the stock market?  If so you could take a chunk and invest it there.  If you are more conservative then I would suggest an ING account or a CD with the highest return of investment.  Usually a 12 month CD will carry a higher return but you cannot access this money easily without paying a penalty.  So if you want a good return with access to your money either a money market or an ING account would probably work best.  Happy investing!
820485
That is daytrading.  There are no other rules.  Just be prepared to "lose" as often as you "win".  \n\nDaytraders usually play with alot more money.  There goal is try to turn 10,000 into 30,000, not turn 1000 into 1005.
360864
I have been successful overall with trades lasting a few weeks or months but shorter than that I haven't done well.  I generally don't make good decisions under pressure, in the stock market or anywhere else, so day trading doesn't fit my psychological profile.  But even if you work well under pressure, like an emergency-room doctor, that's no guarantee you can do well at day-trading.  If you want to try it, I'd strongly suggest you start with longer time frames and see how you react to different situations.\n\nWC Lewis' answer doesn't make sense and you can see from his questions that he's an impostor or a lunatic.
942958
Invest it and draw out 1% less then you return is. At a return of 8% that would be an extra $ 70.000.- a year. That's not to shabby.
60320
Disregard that last well meaning answer.  There are two parts to your question.  The first is where are some greate ways to invest money.  The second is to see a good return in a couple of years.  The second constrains the first.\n\nThe problem is that equity mutual funds (of which Vanguard is a great provider) are really decade or longer investments.  The market is very high right now in absolute terms.  The odds of making a great return in a few years is pretty low.  About the only thing that can give you a good return in a few years with any margin of safety is a certificate of deposit.\n\nI did a search on bankrate monitor.  The two best rates are at AMTrust in Cleveland, Ohio, with a yield of 5.00% for a two year investment.  A $1000 investment would yield a total value of $1102.50 ignoring taxes at maturity.  Slightly lower, Pacific Mercantile Bank is offering a yield of 4.92% per year in Costa Mesa, California.\n\nIf you wanted a one year CD, Corus Bank in Chicago is offering a 4.94% annual yield for its one year CD.\n\nIf you lift the constraint of a year or two to a more indefinite horizon and would include equity mutual funds.  I would recommend the following funds, Mutual Financial Services Z (symbol TEFAX) only warning is that it is very globally diversified, Fairholme (FAIRX), American Century Value Inv (ACTIX), BB&T Large Company Val I(BBISX).  You can buy these from discount brokers.  In BB&T's case, you can go into their branch and purchase it.  TD Waterhouse is reasonable in terms of purchase costs and you may be able to purchase directly from the funds.  Check each out online to see if they offer direct purchase. \n\nThey take different risks, but you should avoid too much grief in any of them and over time you should do reasonably well.  A combination of them might be in your interest if your time frame is long.  You should presume you will not do well in the next few years however.
295724
It depends. Please give the details of the INVESTment OPPORTUNITYies for my PERUSEal and EVALUATEion. You can e-mail me at: romy472000@yahoo.com. thanks.
593181
Well, the old addage is true...it takes money to make money.  The more you have to invest, the more you can make.  I've made $30K in one day based on one buy of $100K worth of the stock.\n\nOne word:  RESEARCH\n\nRemember, the more you invest, the more you can LOSE too!!!
718239
Overall, not too bad . . . you made a profit.\n\nConsidering the timeframe you are trading, I don't understand why you are referring to a an exit at 1.1006 "which looked like an important resistance".\n\nIt looked like recent resistance was ~1.1055 and sloping upwards.\n\nI would have tried to 'trade the range' of it coming down to ~1.1055 and having hat as a 'buy on stop' or not had any exit order in place, in the hope there was significant weakening due fundamental events (of which there are many these days).
592059
10% penalty plus taxes...so, yeah, at least 30% penalty. \n\nProject returns 50%....which will be taxable, right? So, if you are in 25% bracket, you lose 25% of your return...so, now you are down to a net gain of 37 1/2%.\nSo, it costs 30% to access your money to make a 37 1/2% return....\ntherefore...\nyou net 7 1/2% return. My guess is....you stand a decent chance of making 7 1/2% INSIDE the 401/k and saving yourself all the hassle of moving the $$ around.
97677
You can day trade ETFs (exchange traded funds).\n\nMany (maybe most, I'm not sure) mutual funds impose a fee if you sell funds you have held for less than 30 or 60 days. This is as a result of the market-timing 'scandals' of a few years ago.
767113
do you mean my answer 1M in 167 trading days?\n\nYou may contact me by e-mail vp_invest@yahoo.c..