/biz/ - Business & Finance

>>29267440
The SOXL Chads have a point. You can buy a bunch of SOXL and sell covered calls. That's kind of like swing trading but there is a huge margin for error since calls have a time limit. That is, you sell calls and even if SOXL doesn't move at all you make money. If SOXL goes down you make money. If SOXL goes up just a little bit you make money.
If you want to day trade individual stocks, find a good scanner (maybe Finviz) and look for low float stocks that are up in pre-market then try to get in on the momentum. If you like swing trading, look for decent companies that are having some kind of huge dip. Commodities can work too. SCO is an oil short that is dipping right now. Get in that and potentially make 100s of % gains in the next few months.