Stock market scalp traders

[Pepe Gekko - Wallstreet's my bitch No.49399890]

Lets go boys $30k double leveraged trades on margin accounts.

Rules:
Pick stocks listed on US exchanges between 14-24$

Watch market signals and buy low sell high (in and out in 10-15 minutes preferably less)

Example:
3000 shares @ 14$ buy
3000 shares @ 14.02 sell
0.02*3000 = 60
60-10 = $50 profit

Repeat a few times a day, Don't get greedy and over trade!

Each couple of profitable trades you increase the number of shares.

Over time using exponential growth e.g.: (20,000*1.01^x) you will hit over a million.

Then get house and lambo and larp and tell everyone how fucking poor you are.

LOL

PEPE Gekko out
*drops mic, peels out in Lambo SVJ Roadster*

[Anonymous No.49399961]

wen lambo?

[Anonymous No.49400292]

Those $50 are easily eaten by fees

[Anonymous No.49400308]

My fees are 5$ per trade and 10$ for both a buy & sell due to trades / quarter

[Anonymous No.49400318]

Been thinking about doing futures scalps.
>>49400292
Any first world brokerage will have 0 fees. If you don't hold overnight you pay no margin interest either.

[Anonymous No.49400386]

Opinions about TA and candle timeframes?

[Anonymous No.49401089]

For trends i just watch for when a stock is in a steady uptrend for the day and trade using macd / rsi . The key is patience

[Anonymous No.49401201]

>>49401089
What timeframe?

[Anonymous No.49401430]

I try to be out within 5-10 minutes.

First calculate how much you'll make off each trade.
Then divide your profit by your total balance.
Then solve for x

Example:
20000 balance
Each trade your target goal is 50$
so 50/20000 = 0.0025

then you solve for
1000000=20000*1.0025^x

solve for x on mathway and x = the number of trades you need to make to get to 1 million