The first step in short selling is for a day trader to advise their broker that they wish to borrow a certain number of shares in a stock. In most situations, a broker will lend those shares. The day trader will in turn almost immediately sell those shares and then very carefully begin to monitor […]
Today, one of our new traders, Daniel, emailed me and shared his Profit and Loss with me. It was over $8,500 for the day! It is very impressive! I was curios to know how long he has been trading with me. It is only less than a year! Of course $8,500 a day is not […]