Fastmoneytraders.com

05/22/2025

Kimberly Nix-Murray Kimberly Murray

03/02/2023

By: Kimberly Nix Murray

Day trading in this market. People have asked me is it worth day trading in this market when nothing is making sense and what is day trading? Day trading is when you buy and sell the same stocks in the same day capitalizing on the short-term changes in price. If you decide a stock is going to go up then you go long on it, if you think a stock is going to drop in price then you short it.

Here at ELITE TRADER, LLC, www.fastmoneytraders.com we have a proprietary scanner that we share out to all of our clients. We have a collaboration of day traders that share ideas and stock picks. We run a daily chatroom that opens up 30 minutes prior to the bell ringing. Depending on the market, we sometimes alert trades presale or after the market closes. There is a saying, “Day traders that trade together, win together.” With all of the news and research that is out there, it only makes sense that a group of day traders can fare better than a single person trying to grasp all of the material that is flooding the market.

Can you make money at day trading? Most day traders do not make money at day trading either because they are not disciplined, do not have a plan or they lack an edge. There are a lot of psychological aspects to day trading and many people do not know how to manage their money.

I cannot tell you how many people over the years who have sent me stock certificates that either they inherited or held on to and now are worthless. You need to know when to buy and when to sell stocks to make money and holding onto stocks can be a downfall. Of course, many people will argue if you had bought stocks in Apple in the 1980s when it was $22.00 a share and held on to it, of course you would have made money. Let’s say you purchased 100 shares at $22.00 a share in 1980, today you could sell your stocks for over $14,400. If you had bought a 1,000 shares of Apple stock in 1980, it would have cost you $22,000, but you could sell it and earn over a $144,000 today.

But anyone who bought shares in Siboney Corporation $SBON, a company that sold educational software and own the stocks would cost them more money to sell it than just hold on to the worthless certificate. Each share is worth less than a third of a penny today. My uncle owns 140 shares, which is worth about 40 cents today.
Which is why it makes more sense to buy and sell and not hold on to stocks that may or may not be here in the future.

Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or, a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.

01/27/2023

What is Day Trading?
by Luke | Jan 26, 2023 | Blog | 0 comments

Day trading is the practice of buying and selling financial instruments within the same trading day. This approach to trading has several advantages over longer-term investment strategies.

One of the main advantages of day trading is the ability to take advantage of short-term market fluctuations. Day traders can enter and exit trades quickly, capturing small profits that may not be available to longer-term investors. This can lead to higher returns on investment, especially in a volatile market.

Another advantage of day trading is the ability to limit risk. Day traders can use stop-loss orders to limit potential losses on a trade. Additionally, because day traders only hold positions for a short period of time, they are not exposed to the same level of risk as longer-term investors.

Day trading also allows for greater flexibility in terms of trading strategies. Day traders can use a variety of technical indicators and chart patterns to identify potential trades. Additionally, they can use leverage to increase their returns, although this also increases the risk.

Another advantage of day trading is that it can be done full-time or part-time, allowing traders to fit trading into their busy schedules. This is especially beneficial for individuals who cannot commit to longer-term investment strategies.

In summary, day trading has several advantages over longer-term investment strategies. These include the ability to take advantage of short-term market fluctuations, limit risk, greater flexibility in terms of trading strategies, and the ability to be done on a full-time or part-time basis.

However, it is important to note that day trading also has its own set of risks and it’s not suitable for everyone. Day trading requires discipline, knowledge and a lot of practice to be successful. New traders should be aware of the risks and carefully consider their own financial situation before getting involved.

Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.

09/09/2021

Day Trading With an Account of $5,000 by Kimberly Nix Murray

People ask me all of the time if they can day trade with an account of $5,000. The simple answer is yes. However, the IRS has rules when day trading and in order to avoid being a PDT or Patterned Day Trader, you must have at least $25,000 in your day trading account or you will be limited to three trades per week. This means that you must be very picky when selecting your buys or shorts because of the PDT rule. There are several things you need to watch for before choosing a stock to buy or short:

Volume – how many shares are available to trade? You run a risk if day trading a stock that has very little volume or shares for sale. Look for stocks that have a good average trading volume. You also want to make sure that there is enough movement during market hours with these stocks, otherwise, you should avoid them.

The stock ticker – who is the company? Is it a Chinese company? China does not follow the same rules as companies in the United States and you have to make sure that it is a legitimate company, not a fly by night one. If you are well versed in a particular industry and can learn the sector’s particular nuances, you may be successful in buying or shorting a company’s stock. There is no 100 percent guarantee you will always win, as there are so many variables at stake, but you can increase your chances if you increase your personal knowledge.

Cost per share – with a $5,000 trading account, you want to generally stay away from Penny Stocks and focus instead on stocks that are in the $20 to $40 range.

Research – you should be reading a company’s financial statements before taking the lunge to buy or short its stock.
Patterns – look for patterns when buying or shorting a stock. Keep in mind that day trading is all about looking at patterns to figure out when it is best to enter or exit a stock to make a profit or to minimize your losses.

Day Trading Chatroom – look for a day trading chatroom that has other successful day traders with knowledge and expertise in different industries. Consistency in making a profit is the key to being a successful day trader, as there is no one in the world who exists who has 100 percent green days for the 252-day trading days available every year. Luke Murray does have red day trading days (or losses), however, the majority of his trades are green (wins) and we successfully make a profit every year.

Options is also another area that is difficult for many day traders to be successful in, I personally know so many people who have blown up their day trading accounts trading options, which is why ELITE TRADER, LLC rarely trades options and only when due diligence and the research has been performed before alerting an option trade in our chatroom.

Day trading is inherently considered a high-risk investment, but with knowledge, research, expertise and patience you can make money if you also stay disciplined.

Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.

02/26/2021

2021-02-25 Even though markets were down today, we were up over $1,200 day trading on a $50,000 account. The Dow was down -1.75% or -559.85 points, the Nasdaq was down -3.52% or -478.54 points and the S&P 500 was down -2.45% or -96.09 points.

Someone on Twitter asked how come our chatroom is not free, well first-of-all we are not striving for quantity, we are striving for quality day traders. A man in the free Atlas day trading chatroom announced that he lost over $175,000 in a single day when the stock markets dropped today. He stated he has been day trading since the 1990’s so he should have known better.

When people got their first stimulus checks, many young adults used that money to buy stocks thinking they can all get rich quick. Sadly, many people inexperienced day traders have lost that money they could have put to better use.

Luke Murray created Lifestyle Day Trading where you earn one percent on your account each day and then pay yourselves at the end of the week. Elite Trader, LLC has a proven track record of helping our clients meet their goals. Last year, 90 percent of our day trades were green days and 10 percent of our day trades were red.

We show you how to make money by buying and selling stocks based on candlesticks, volume, performance, research and our personalized scanner that we share out to our clients. We are not a quick get rich day trading chatroom, as with those there are few winners and lots of losers.

We take you through our trades as to why we are choosing a particular stock to buy or sell. Sizing is also important in day trading as well as not being married to your stock picks. We share our personalized scanner out to our clients on our monitor and announce our trades all live in chat. If you want to see some of the trades, after they have happened of course, you can follow Luke on Twitter at LukeMurray@EliteDayTraders

Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.

02/23/2021

www.fastmoneytraders.com Wins Even if the Markets are Losing.

Even though the Nasdaq was down 204 points yesterday, February 22, 2021, we and our clients were up in our chatroom at www.fastmoneytraders.com. Our chatroom is for mature day traders who want to day trade with serious other day traders. We are not a free chatroom where we are pumping and dumping stocks. We show you how to make money by buying stocks based on candlesticks, volume, performance, research and our personalized scanner that we share out to our clients. We are not a quick get rich day trading chatroom, as with those there are few winners and lots of losers.

Day trading takes patience, research and knowing when to buy and sell at the right time. We do not offer free trials, as we try to keep the riff raft and the inexperienced day traders out of our chatroom. We do premarket day trading as the market permits. Luke is live on the mic 30 minutes prior to the bell and throughout the day. We also do some aftermarket day trades. We teach Lifestyle day trading where you make at least 1 percent daily on your account and then go enjoy the rest of your day. We have a proven track record of 90 percent green days and 10 percent red days. If any day trader tells you they have never had a red day then they are lying to you. We have several clients who made over a million dollars in our chatroom last year, but these clients were also trading with large amounts of money.

We offer monthly and quarterly subscriptions, and you can cancel at any time. Our cancellation policy is on our website under FAQ. You can follow us on Twitter at LukeMuray , of course our wins are only pasted after they have happened, because that information is listed in our paid chatroom for our clients.



Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders.

Fast Money Traders is the best online place to learn day trading and swing trading and learning to trade for a living and utilizing lifestyle trading

02/15/2021

Monday the stock marketis closed due to President's Day!

12/12/2020

For many years, I had the honor of serving our nation in the U.S. Marines and then the Army. OORAH! And now I am looking forward to serving you, and the other fortunate traders who are active members of my chat room…FAST MONEY TRADERS.
In case you did not know, I am a full-time professional day trader with decades of experience who has applied the discipline and mind frame I learned in the U.S. military to consistently crush the market, while racking up impressive profits along the way.

We are all about setting daily goals and being very disciplined driven. You have to know when to walk away and come back tomorrow. Lifestyle trading allows us to hit our goals and learn to walk away and enjoy life.

Forget what you think you know about trading chat rooms. Most pay affiliates 30-40% of your subscription, which means you pay more so they can pay affiliates. We do not do affiliates so you will save money from the start as I pass that savings on to you. I will only have one chat room I will not ask you to pay more to join another chat room with more features. I will be on the mic pre-market to discuss that days movers and will remain on the mic throughout the day as times require. I will live stream my monitor to you.

This is a true one stop shop. No upselling you to a $5k to $10k dollar mentoring room and keep asking you to pay more as the mentors are put into their own newsletters. I will focus on day trades but will have 2-5 swing trade ideas a week.

Are you a profit driven, trigger-happy trader looking for intraday ideas?
If so, this is exactly what you have been looking for! Our mission is to help you make $500+ a day, as many days as possible. I have a saying that goes like this… “$500 a day keeps the job away.” $500 a day was my goal for the program, some people have a smaller goal while others have larger goals. Do not make it too big based on your account size or this will add pressure on you. If I double my goal I am done trading until the power hour.

We also control risk by being all in cash by the end of the trading day! What you do is up to you but being cash at the end of the day reduces stress and will help you sleep better. Swing trades are meant to be held overnight, day trades are what we are referring to being all cash at the end of the day. This is a chat-based only service.

We are targeting mostly small caps, but we will move on anything that can produce a quick gain. Also, because our members are so hungry for profits, we make as many trades as the market allows. Lifestyle Trading is in chat between 9:30 a.m. – 11:00 a.m. eastern standard time. Using about $10,000 a trade, your goal will be to make $500 in profits during the first 90 minutes of trading and close up shop once you hit your goal. I created Lifestyle Trading years ago and it has been a huge success.

This is our way of preventing costly mistakes by over trading. After Lifestyle Trading is finished at 11:00 a.m. EST, professional, full-time traders will dominate the chat room until the markets close.

At times, day trade alerts can turn into swing trades. Of course, this happens at your sole discretion.

As the day is coming to a close, I scan for gap plays between 3:00 p.m. and 4:00 p.m. EST as the market conditions permit. This is an added benefit that caters to all members, but especially to those under $25,000, because these are swing trades. I started doing gap plays years ago as well.

The chat room is open all day. Some traders like to sit around all day and wait on trades to happen. If this is you then you will have company as the chat opens about 3 hours before the opening bell and remains open through the after hours session.

Disclaimer: The information provided in this article is as a service to investors. It is neither a legal interpretation or a statement of policy. If you have questions concerning the meaning or application of a particular law or rule, please consult with an attorney who specializes in securities law. Stop Loss orders and Stop Limit orders may not be available through all brokerage firms. Investors should contact their broker to determine which orders are available for buying and selling stocks, and their broker’s specific policies regarding these types of orders. Each person's potential earnings depend on a variety of things such as total investment, number of shares purchased and sold, time of purchase and sale, number of shares available, and your Broker's rules and regulations.

Fast Money Traders is the best online place to learn day trading and swing trading and learning to trade for a living and utilizing lifestyle trading

09/23/2020

Please vote for Broken Arrow, Kammy's cheer team. You can vote more than once!

http://tulsa.vypetv.com/hubs/suburban/area-news/623-vote-now-tulsa-suburban-area-most-outstanding-cheer-team-presented-by-excel-physical-therapy-poll-ends-9-25.html?fbclid=IwAR1XKagGKTyv4oHm7gwcHi2dgxnzsd3he3YQTLTMldM1rf9pPQzV7W1HwUU

Everyone go vote!! You can vote over and over!

High School Sports

09/16/2020

What separates Luke Murray at www.fastmoneytraders.com from other day trading chatrooms?
by Kimberly Nix Murray | Sep 15, 2020
ELITE TRADER, LLC also known as www.fastmoneytraders.com is the only day trading room that posts our daily wins and losses in a chart. No other day trading room is tracking and showing their day trading history. Luke has a proven history of helping our clients make money. You can also follow his trades after the fact on Twitter
Here is our daily tracking chart: https://drive.google.com/drive/folders/13-v-tYF-lYI7i5WPp67tnPcYcQrZs-AN and click on Luke’s 2020 Performance vs Markets
We started 2020 with a $50,000 account and we rebalance every Friday. Some people ask why we start with only $50,000 and we feel this number best represents what is doable for most avid day traders who make their living by day trading. Of course, you can trade with more or less money, but keep in mind that under IRS rules you must have at least $25,000 in your account to avoid being a pattern day trader. There is an article about pattern day traders on our blog.
Our current balance is $166,304.42 and our year to date return is 232.61 percent! Our biggest winning day so far this year was $11,542.63 and our biggest losing day was $9,995.84. We have had many clients make over $60,000 a day in our day trading chatroom, of course they are trading with a $250,000 account.
There have been 176 trading days so far this year and we have had 159 winning days and 17 losing days. Our average money made per trading day is $660.82. As you can see, we are the real deal. There are no smoke and mirrors here. We do not rent out jets and take pictures to try to lure people in to our day trading room. A lot of research goes into our trades as well as experience. Luke is known as one of the top ten best day traders in the world and we have clients from a variety of countries that are in our day trading chatroom.

We offer monthly and quarterly subscriptions and you can cancel at any time. We do not offer free trials, as that keeps the riff raff out of our day trading chatrooms. We have clients that have been with us since day one as they see the value in what we have to offer. Luke is live on the mic 30 minutes prior to the bell ringing and throughout the day. He also do some pre-market trading and after market trading depending on what the stock market has to offer that day.

08/18/2020

Want to day trade with the best? Join our chatroom at www.fastmoneytraders.com
We start each week with $50,000 and are up over 200 percent and our account balance is over $100,000.

Day traders who trade together win together. : ) Kimberly Nix Murray