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Misc Stock Investing
- Thread starter jesse_01
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bakemeacookie
New member
you have some privileged information that it will rise significantly in value so that you make some half-decent money. Or is this mainly gambling like everyone else?
c
jesse_01
Banned
Just did some reading and checked out the charts. I put a sell in for $.85, a quick 13.3% if it hits it today.
Everything in life is a risk/gamble.
You think a 9-5 job is so secure?! Getting married?! etc...
You think a 9-5 job is so secure?! Getting married?! etc...
bakemeacookie
New member
be careful, 99% of people try "gambling" and wind up losing money or less money than they'd make working at mcdonalds part time. Of course they never admit it, but i'd leave the stock market to people with 10,000 fast computers to do flash trading - and concentrate on other markets like derivatives and commodities. You'll fare much better. Most poeple haven't learned their lesson from the dot-com and morgtage busts
c
be careful, 99% of people try "gambling" and wind up losing money or less money than they'd make working at mcdonalds part time. Of course they never admit it, but i'd leave the stock market to people with 10,000 fast computers to do flash trading - and concentrate on other markets like derivatives and commodities. You'll fare much better. Most poeple haven't learned their lesson from the dot-com and morgtage busts
c
I think I would shoot myself if I was around you for more then 5 min lolol
jeez
jesse_01
Banned
be careful, 99% of people try "gambling" and wind up losing money or less money than they'd make working at mcdonalds part time. Of course they never admit it, but i'd leave the stock market to people with 10,000 fast computers to do flash trading - and concentrate on other markets like derivatives and commodities. You'll fare much better. Most poeple haven't learned their lesson from the dot-com and morgtage busts
c
Oh I dont do stocks for a living. Just enough to pay for toys and what not.
Yes life is a risk. If your not taking a risk, what fun is there.
billfred
New member
are you making fun of my marriage?
billfred
New member
Note post was made after siri gapped up for the morning. Want to impress someone, show us what you are going to invest in tomorrow. Not a stock that has already gone up by the time you made the post.
jesse_01
Banned
I use a few things when it comes to what stocks I buy. In no order I can look at news, charts, brand name, future earning powers, trends, growth, bull/bear ratings, dividends(long term), hype around it(short term).
If I like what I see some times its just a gut feeling. Some stocks look good but if I'm not feeling it I don't buy.
It may not be the proper way,, but I think everyone has their own way on how they pick a stock.
There is a few places on line where practice trading. That way you can kind of wet your feet before you use your own money.
If I like what I see some times its just a gut feeling. Some stocks look good but if I'm not feeling it I don't buy.
It may not be the proper way,, but I think everyone has their own way on how they pick a stock.
There is a few places on line where practice trading. That way you can kind of wet your feet before you use your own money.
what sites to practice?
i gotta get in on this action bro
jesse_01
Banned
online stock games - Google Search
stock trading simulator - Google Search
Use google and see what you can find.
stock trading simulator - Google Search
Use google and see what you can find.
which one do you recommend, i got no experience here but can certainly learn.
bakemeacookie
New member
Not when it's money. I don't play risk with my money. Lots of people do and they're the ones crying every few years. Just be careful - people way smarter than you with a billion graphs, charts, financial analystts and algorithms couldn't even see the mortgage securities downfall. Neither could our dumbass ex-president.
food 4 thought.
c
jesse_01
Banned
This is all true. Only gains you get that are guarantee are 3% yearly locked in. You need to have some risk to make money.
Jon79
New member
lolol
Jon79
New member
mrplunkey
New member
You're trading on edges, which isn't a bad method to make money. Basically you make tiny margins on stocks by timing your entrance and exit to the market.
The problem with that approach is it relies on an underlying market that is creeping upward. In the event of a crash (even of a specific stock), you'll lose that 1-2 years worth of multiple +$0.05/share trades you made. So if you're going to rely on the market going up, it's just as easy to find a fund that matches your investment horizon and goals.
The problem with that approach is it relies on an underlying market that is creeping upward. In the event of a crash (even of a specific stock), you'll lose that 1-2 years worth of multiple +$0.05/share trades you made. So if you're going to rely on the market going up, it's just as easy to find a fund that matches your investment horizon and goals.
jesse_01
Banned
The money I use now for these penny stocks is money that I have already made in the market. In the event of a market crash I will be out 5k or have a stock that I have to sit on till it goes back up in 6 months-yr.
Whenever I sell any money I made I pull it out and stick it into another account if I'm saving up for something. I only put more than 5k in stocks that I hold for dividend purposes.
With me trading with my tax free savings account, I dont have to worry about paying tax on what I make.
mrplunkey
New member
Unless you got stuck at the top of the market.
Again, I'm not hating on what you are trying to do. Just realize that in a real crash, you'll get stuck with negative positions in stocks you don't necessarily want to own.
Research any company pouring money into Yas Island like Benoy Architects and Aldar Properties, find a good mutual fund with them in it so you don't have to play international exchanges.
I work for a MF company, but in IT not a trader for MF manager.
I work for a MF company, but in IT not a trader for MF manager.
mustang_00
Well-known member
don't do it bro. i see this ending in the irs taking away your fonzy jacket cause you got in over your beard with stocks.
stick to the penny/nickle machines like me at casino's!!!
nimbus
New member
lmao you just out razorgunned razorguns!!
bakemeacookie
New member
Ask the former Enron employees bor
j/k
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