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How much money do I need to start day trading penny stocks?

Posted by Eric LeRiche | May 2, 2010 .

Duston asked: I have been doing alot of research and I see you need to have a minimum of 25,000$ to day trace but do I need that much to trade penny stocks? If not how much do I need? I have about 500$ I would like to start with and just day trade some [...]

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What’s the difference between trading stocks and gambling?

Posted by Eric LeRiche | March 15, 2010 .

WithTheLightsOut asked: I know some people are good at stocks but the fact is that it’s never guaranteed anything. Even the best can lose. So what I want to know is, how is this any different from gambling, besides the name. The principle is the same thing. My friend knew someone at work who lost [...]

12 Comments