Stock Market UpSwing to level off?

Originally Posted by Praxeas

can you offer some suggestions on educating myself to do some day trading?

BTW are yiou referring to selling short?

I stay out of short selling simply because the risk can become high real fast. I prefer to by in and out of small issues where I can leverage a small amount of capitol and HOPEFULLY get a modest to good ROI.
If you are interested in daytrading, let me reccomend some good books to read before you plunk down any money:
a beginner's guide to day trading online- Toni Turner
The Electronic Day Trader- Marc Friedfertig and George West (A+++)
Stock Market Rules- Michael D. Sheimo (this is a must read)

Mrs. Turner's book is concise and discusses her ideas about trading. She reccomends some good ways to paper trade to avoid losses while gaining experience.

The Elec Day Trader offers some good strategies for trading and good outlines as well to learn while not losing money.

The last by Mr. Sheimo is excellent and dispels many miyths about trading. His experience in the market is second to none.

If you want advice, please accept this- don't trade until you have done several weeks of paper trading for experience. Had I followed this advice, it could have potentially saved me several thousand dollars which I lost on my first trade.

I have since learned a few things, but it was a very expensive lesson.
God bless,
NI