Online Trading Live Day Trading Tips for Jan 9 Part 2

Online trading or stock day trading is best to learn by watching live videos. My name is Steve Gomez. My partner Andy Lindloff and I are day trading for a living Learn from our winners and also our mistakes from the trading day. Trading from home can be done using software that has Level 2 data and charts. Charting is essential for day trading. Consider a day trading mentor if you are serious about successful trading.

Category:

Education

Tags:

• day
• trading
• daytrading
• trade
• online
• help
• how to
• nasdaq
• nyse
• forex
• live
• real
• time
• software
• stocks
• systems
• tutorial

[pimplife2069]

i dont get it how can you make money when the market is going down what is that called

[sgomez858]

Shorting. You sell first (borrow shares you dont have from the broker) and buy them back at a lower price. The broker gets the shares back and you pocket the difference. Think of it this way: you borrow 100 Wii game systems and sell them on Ebay. 1 month later, new Wii systems are selling for 50 dollars less, you go and buy them back at a lower price and give back the 100 Wii systems that you owe pocketing the difference in price.

[cularkousbintus]

I enjoy this video =) it makes me really horny!! 7

[wdtexan]

what trading platform do you use.

[pimplife2069]

thanx for the help...love the videos keep'em coming

[ericpayne1]

Shorting = Sell high then buy back low; keep the difference for profit.

[radjune1970]

He was shorting , look at the - ( minus ) beside the trade

[andyatm2000]

I use 10, 20, and 50 SMA. I think Steve has a stochastic indicator and he'll have to answer the setting question. I've always used a stochastic and a DMI but I'm not too pleased with the Lightspeed's indicators so I haven't incorporated them into my charts

[stockweazel]

Wow! You did have a monster day...whoooooooo!

Great videos guys I am learning a BUNCH!