Pay Your Mortgage With This Stock Investing Method

OK, so I do have a little bit of experience in the stock market. I have been actively trading stocks for 5 years and I am a licensed financial representative. I chose this career because of the money in it and the fun that I have trading stocks for myself and for others.

First I want to let you know that my mortgage payment is $1,300. So if you break that down per day I have to make $65 per day since you can only trade during the work week. The way I started was with $500 in a online account and build it up, I now trade a daily balance of $3,000. That is it, only $3,000? Yes, that is it. I trade that amount because I am still keeping my eye on the market and the economy for now, but once the economy and the job crisis is over I will put an additional $12,000 in the account.

So here is what I do every day and never steer away from this method: I buy penny stocks daily and I trade $500 of higher priced stocks weekly. My weekly stocks are bought on Friday 1 hour before the closing bell and then sold on Thursday morning. I do this because the sector I trade in has this as the lowest priced time and highest priced time. I don't want to reveal my preferred sector because I don't want you to feel like there is no risk in this sector. And as far as my daily traded penny stocks I buy them throughout the entire day and sell them throughout the day as well. There are times where I buy and sell the same stock 2 times per day. There are rules on how many times you can buy and sell stocks per day, but if you are just starting out you won't need to worry about this.

Since my goal is to get $65 a day have to figure out how much I need to make per stock. So it all depends on how many stocks you want to be managing per day. I usually manage somewhere between 8-12 different stocks. I don't like to go over 12 because I do have other businesses I run so I can't watch the market every single minute.

The most important thing I bet you have already heard was not to invest money that you can't afford to lose. I have lost money before, but I always come back with a vengeance. So just keep records of what your gains and losses are and you will be fine.