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Question: How much capital do you need to start swing trading stocks?

(Posted by: Me on 2008-10-09 12:29:15)

When I say capital, I dont mean the amount I need if I want to make living out of it.Just want teh requirements for say, 1- 2 trades per day.

Posted by: Evan D on 2008-10-09, 14:57:50

Before being trading you should technically have no debts (Car, etc). Otherwise you're trading with borrowed money basically. Aside from that, you should probably follow the SEC daytrading rule and have at least 25,000. If you want to follow events in the market try the software at stockhawk.net . It shows you events over longer terms for example 20 day upward channels. etc. It might be useful for your trading.

Posted by: WorkAtHomeMOM on 2008-10-12, 19:24:15

You don't need much at all. especially with the picks the site below gives you. this is who i use. go to: tinyurl.com/ 4reu8z they average 400% returns on very little investment. they don't have many spots left on their newsletter. last time i checked it was like 27 or so. good luck. now is the BEST time to get in...