Any day traders here???

[wnt2bBeast]

Of course. You look at real earnings which takes away one time exceptions.


Such as:

tax credits
legal breaks



.

huh????
theoretically what is the price of a stock related to?

 

[Dirk Howat]

In the long term, the stock price equates to the companies instrinsic value.
Current price usually equate to the estimate of its future earnings.

 

[wnt2bBeast]

In the long term, the stock price equates to the companies instrinsic value.
Current price usually equate to the estimate of its future earnings.

not bad..so if jackass analyst uses a messed up disconting rate i can make the stock equal to whatever i want it to be in 6 months..hence henry blodget and the internet bubble..then i get my ass'sitants to come up with a nice little story about the stock that jives with my analysis and ten igive it to my sales force to seel to the dim witted public but first i try to give it to the big hdge funds and institutions

 

[Dirk Howat]

Henry Bloget.

He was not an security analyst but rather a salesmen or politican type who went on t.v. to pump and dump a firms stock.

You have to become a security analyst yourself.

 

[wnt2bBeast]

Henry Bloget.

He was not an security analyst.

You have to become a security analyst yourself.

whatever his name was from merril
i traded on the street for 7 years..id never be an analyst..theyre very anal lol

 

[Dirk Howat]

Trading is a losers game.


Take away uncertainty.

Takes eductation and due diligance.

 

[dio_9944]

Trading is a losers game.


Take away uncertainty.

Takes eductation and due diligance.

Maybe if you are an idiot like you who can only double a $300 account.

I've posted 3000 percent gains on my 40k account (meager, I know - but honest) for three years straight.

Perhaps YOU are a loser's game.

You know that for every dollar I, or Goldman, Lehman, Morgan, NITE, SCHB, etc... makes - chumps like you have to lose.

You must trade an Ameritrade account.

 

[wnt2bBeast]

Trading is a losers game.


Take away uncertainty.

Takes eductation and due diligance.

buy and hold is for suckers and those too afraid to put their foot in the water

 

[rsnoble-im-back]

I've been trading net profitable for a few years now.

Don't buy into any bullshit you see on T.V. You need a broker who'll charge you commissions, add those to the fees you'll pay to the "Trend Trading" service and you might as well be broke.

If you are serious about going full-time, find a prop shop that will fund your training period (expect to go at least 3 months without getting paid, if at all) and go to town.

If you are just planning on dabbling part-time, SEC rules dictate that you must have 25,000 equity to day-trade. There are many ways around this, however.

If you can become profitable (and I don't mean two hundred bucks a day profitable) then there is no better job.

where/who could I see to learn about this??

 

[Dirk Howat]

buy and hold is for suckers and those too afraid to put their foot in the water

"Suckers"
You should know better.
Institutions must be suckers then.

That is a joke.
Its about making money.

What did you do specifically and why did you get out?

I have read about most of the great investors.
They are buy and hold.

To back up my claim:


Read the books, The Money Masters and the New Money Masters.

The only short term trader I esteem is GerarldLeob. I read his autobio and read his book called "The Battle For Investment Survival" which has some good tips for any investor.

I.e. concentrated portfolio
know the company
follow type II analysis to look for momentum
Get out quick of a bad situation
Let your winners ride

But there alot of great books on investing especially books on Warren Buffett who made 40 billion using the same basic type of technique I use.

What Stock market books do you recommend would be investors?


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