cancel
Showing results for 
Search instead for 
Did you mean: 

Any day traders here? Or anyone that invests as their main source of income?

tag
Blender
Established Contributor

Any day traders here? Or anyone that invests as their main source of income?

Just seeing how many people here do this and if their would be any interest in a thread where we could have market talk and share trade ideas, P&L, etc..

 

Ive traded just about everything and finally found what works for me and thats day trading options. I've been scalping in beteween patients at work but have thought maybe later this year taking the leap to do it full time.

1/2024
FICO 8
FICO 9

Message 1 of 6
5 REPLIES 5
CorpCrMgr1
Frequent Contributor

Re: Any day traders here? Or anyone that invests as their main source of income?

Probably like a number of others, I play a little here and there.

Message 2 of 6
iced
Valued Contributor

Re: Any day traders here? Or anyone that invests as their main source of income?

I'm interested in the day-to-day movments of the market though I'm not much into short-term trading on most of that movement. I fall well into the buy-and-hold camp of traders.

 

It won't replace my main source of income until I decide to retire, but the occasional sale plus the dividends do add a respectable contribution to the bottom line each year.

Message 3 of 6
Blender
Established Contributor

Re: Any day traders here? Or anyone that invests as their main source of income?


@iced wrote:

I'm interested in the day-to-day movments of the market though I'm not much into short-term trading on most of that movement. I fall well into the buy-and-hold camp of traders.

 

It won't replace my main source of income until I decide to retire, but the occasional sale plus the dividends do add a respectable contribution to the bottom line each year.


And I'm more of an instant satisfaction kinda guy. How you invest is way less stressful for sure lol 

I was doing great on my longs for a bit there, almost nailing every top and bottom but the market hasn't been respecting traditional TA so that's why I'm getting in and getting out. 

1/2024
FICO 8
FICO 9

Message 4 of 6
sznthescore
Established Contributor

Re: Any day traders here? Or anyone that invests as their main source of income?

Any recommendations on brokers compatible with Metatrader4? I've been stagnant with trading as my original broker made changes that weren't compatible with Metatrader4. 

REBUILDER CARDS




Goal: FICO 700+; (0) zero inquiries (7/2025)
Message 5 of 6
Xanthos472
Contributor

Re: Any day traders here? Or anyone that invests as their main source of income?


@iced wrote:

I'm interested in the day-to-day movments of the market though I'm not much into short-term trading on most of that movement. I fall well into the buy-and-hold camp of traders.

 

It won't replace my main source of income until I decide to retire, but the occasional sale plus the dividends do add a respectable contribution to the bottom line each year.


I use a hybrid approach, a combination of buy-and-hold, dividend capture on blue chips, reinvest dividend payouts into the closest ex-date, and sell covered calls deep OTM.

Cap 1 QS #1 2.5K | Cap 1 QS#2 16K | Citi DC 5410. | Synch 2% 10K | Disco IT 11.3K | Disco Miles 10K | Amex BCE 6K EDP 6.2K Schwab 3K | Citizen's 1.8% 10.7K | Wells Cashwise #1 20K #2 1K | USBank Cash+ 21K | Fidelity 20K | Truist Spectrum #1 7.5K Spectrum #2 4.5K Bright 5K | PNC Cash #1 3K Cash #2 600 Points #1 600 Points#2 600 | BECU Cash 23.4K Low Rate 10.5K | BoA Premium Rewards 25.8K Travel Rewards 30K | FNBO Evergreen 20K | SAFE CU Cashback + 10K | Huntington Voice 5650 | Keybank Latitude 8K |
BECU CLOC 15K
~BIZ Credit~ Amex BBP 9.6K BBC 10.2K Biz Plat NPSL x3 Biz Gold NPSL x2 | USBank Biz Cash 10K | Citizen's ED Points Biz 7K | FNBO Biz Evergreen 13.7K | BoA Biz Unlimited #1 7.5K |BoA Biz Unlimited #2 50K | BoA Biz CCR #1 7K | BoA Biz CCR #2 22K | CIC 9K | INK Premier 80K/16K Flex | CIU 11K |
~formerly known as Xatos~
Message 6 of 6
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.