Seems like people love to talk about the stock market or complain about having less than $20 to their name.
Heres a treat for you.
Leveraged trading is risky, its borrowing to invest.
People do it to take advantage of tax breaks - but also to multiply their returns. The risk is you do multiply your losses.
Most brokers (online stock brokers) will let you open a free account, there are offers from time to time that offer free brokerage or sign up bonuses - use them.
Once you have an account get familiar with the settlement times. A standard broker will settle the trade T+3 (day of trade + 3 days) - although if you buy AND SELL within this window they will only debit or CREDIT your account.
Making 1% on %10K is $100 - you lose a little to brokerage, but at the end of the year you can claim the brokerage on tax.
I choose 10K because thats the limit my broker allows you to buy before they ask for you to keep some level of cash in the account. Its a free 10k margin loan.
You pay no interest - you just carry some extra risk.
If you're broke and at home you can do this. Wake up before the first bell and watch the indices and pick a few key blue chips to follow - some days you wont make a trade, other days you might make 3. Some days you'll catch 4% - other days you'll break even on brokerage, or lose money.
If you put a few hundred into the account it means that your account wont go into the red if you make a bad trade.
The trend is your friend. Dont be greedy, just ride the train one litle stop.
Avoid fast moving things. %10+ daily movements are too volatile.
Get in early. Watch the opening movement and jump on - get off by midday.
Know the market. Dont read mainstream shit - read stuff like www.dailyrecokoning.com
and do your own research.