I’ll bet you can, and have plenty of tips.
First, the basics:
Why you should buy and sell stocks
Scalping is no longer a new activity. It has already been around since the 1920s and is still alive and well. Most of the big sellers of 2000-2007 are doing the same.
So here’s the deal: If you don’t have enough money to gamble (i.e. have a high enough balance on your bank account) then sell it right now to make some money. You don’t need all the money in the world. All you need to do is spend it (i.e. put it in your bank account) and wait for the tide to turn. But watch out for “scalping stocks.” I’ve seen people who have over $10,000,000 in invested capital get scammed by the big sellers like Apple, Cisco, etc! Be careful and always sell stocks you are confident are overpriced.
Don’t fall for the “it depends on your bank account balances” excuse. Scammers, particularly those in the US, don’t take their clients seriously when they say it costs less to buy a stock than it does to sell one.
How to sell stocks on margin
I have heard many times at some point someone tell a client that in order to get money out of a stock on margin they should buy that stock and sell it at a loss, buy another stock and sell it at a loss, etc.
This sounds like a great idea (as long as you have enough assets to cover your buy orders), but is a trap. Remember: you are not saving on your buy orders, in addition to taking on a loss and selling at a loss. The profit that you get from these “sell at a loss” trades is not enough to cover any losses you’d incur and is usually only a fraction of what you would have made if the stock hadn’t gone up in the first place.
That’s why scammers don’t take client confidence seriously. They can’t help you, and you’re not going to find many “experts” trying to help you.
On to the basics:
What margin means
Scalping isn’t margin trading!
It’s not “margin trading” when you trade it that way. This is a scam!
If you’re reading this on margin trading forums and there’s something you need to know, please
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