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Anyone doing Stock Trading?

Discussion in 'Making Money' started by toxtom, Dec 1, 2009.

  1. toxtom

    toxtom BANNED BANNED

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    Anyone?
    Seems like this is pretty decent way how to earn some serious $ if you have some money to invest.. If you split between 10companies which stocks you buy and if they have had in past 6months only raise in share value - seriously there isn't a reason why the trend shouldn't continue. well some may drop but if split between 10 , then 5 of them won't go down of course!

    So anyone doing any kind of stock trading and how is it going?
     
  2. san007san

    san007san Registered Member

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    of course you can make good money in trading , but you need to have huge investment and lots of patience and start with small amount trades ..
     
  3. goranco

    goranco Registered Member

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    I am in it right now and let me tell you I can't wait to get out because it looks like market might crash again very soon. I would suggest you to wait a little longer if you want to invest your money because prices are too high right now. Also wait and see what happens with this health care bill before you do anything.
     
  4. wojos

    wojos Registered Member

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    I trade it and also forex market. I think the same. Not good time to invest in stock market right now with serious money. To be honest... I am waiting for next crash :p Everyone is shocked when it come but... I it is a HUGE oportunity to earn a lot. Think outside the box :)
     
  5. simpleguy

    simpleguy BANNED BANNED

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    what if the company is closed down ?? lol then the shares is worthless piece of white paper..
     
  6. mightybh

    mightybh Jr. VIP Jr. VIP Premium Member

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    At first glance this might seem as easy as buying shares that go up in price over time. In reality you get things like overnight premiums and margin calls. Especially if you start with small amounts of money and large leverage, these things can bust you in the matter of minutes. You should start at least with $50,000 or so to be safe.
     
  7. amsk98

    amsk98 Newbie

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    you should eye on company profile & last financial accointing record before investing
     
  8. bagging

    bagging Newbie

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    Howard --> You are 100% correct. Gold is what you want to invest in right now. We are in a resession and the $ is going down fast! So stocks are down and demand for "real" assets like gold is going up. Look at the past and you can see this trend.

    cheers
     
  9. cagefighter

    cagefighter Junior Member

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    Stocks is one thing i suck at, and i can prove that by showing all how much i lost by just listing to "friends" telling me what to invest in.. Im sticking with the net...
     
  10. ghettogong

    ghettogong Regular Member

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    You can easily make a few hundreds a day with less than 10.000. You just have to keep up with the news all day long, get up around 7am and read news.

    I have invested in mittal, aegon, ing. Lost 1K one day cause i was experimenting with penny stocks. Furthermore i am about 500 down today on tomtom now.

    Stock game requiras balls of gold!
    Posted via Mobile Device
     
  11. nothingnothing

    nothingnothing Jr. VIP Jr. VIP Premium Member

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    Its all about how well informed you are and when too!
    You can make good money even with less investment just keep your eyes open. Gather some knowledge about the company profile before investing and have an eye on any market hiccup. The more informed you are the better chance you have at making money , its all about the right timing.
     
  12. Wini23

    Wini23 Junior Member

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    Ehm. The gold price is rising since the last ~40 years or so (I tend to say since the last 100 years but I don't know if this is correct). ;)
    But you are right: The Gold has a really big volatility. It's perfect for long-term or swing trading - for scalping I prefer some major currency pairs (also the high spread in gold is a problem...).

    Just my 2 nuggets,
    Wini23
     
  13. whiteninja

    whiteninja Regular Member

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    You might want to check out Bob Eldridge, he does options trading as a business. You need 25k to start but he literally takes you by the hand and guides you so you won't mess up. He instructs you on which options to do and so forth. He is with Better Trades. He dosen't try to get greedy, just make at least 250 dollars a day for each of his three accounts, short term account(bills) medium term account(money to replentish his short term account should he need to) and long term (his retirement fund). I would definetly invest in gold right now and also silver, I recently heard it's doing even better than gold but I don't know for sure. Good luck :)
     
  14. ClThis

    ClThis Regular Member

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    If you stay on top of your stuff stocks are not a hard science. Bought BIDU at $115 a share, Ford at $1. Bought 10 shares at $250, sold at 6k. (last one was over a few years, all others were in a few months double, triple, etc)

    Those are all the ones I have held over time.

    If you want to be a day trader, pay attention to the news!!! When the stem cell thing got singed by Obama stocks shot up 100% in one day, and the next day...DROP. Day trading is easy if you watch the news and the bills that are going to be signed and court cases, wait for the verdict and by well before it, sell right whne the stock spikes.

    Easy 20% on any given day, and like that stem cell day, easy 100% +
     
  15. IamNomad

    IamNomad Junior Member

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    i disagree regarding options. there is HUGE money to be made but its not for the weak of heart or the horrible with numbers. I can make money if the market goes up or down !

    forex.... i played with forex a bit.. what i didnt like about forex is there is no real regulation board for the different exchanges. meaning the forex exchange can just decide to muck with the price in whatever direction they want.. meaning no amount of info can help you really. it a stay at home legal version of vegas pretty much.

    futures... i dont have much experience with other then crude oil and metals(2 years ago i had so much gold you would have thought i was a pirate). but i will say this is the one that is most effected by media news. for example if saudis decide they arent going to produce as much barrells randomly.. the price will sky rocket. however on the same token, if they produce more barrells due to say market reaction.. it will plummit.
     
  16. agente808

    agente808 Regular Member

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    Sure there is. it's called a market crash (even a dip will take you out) or poor company management, or changes in consumer purchasing habits, or a fad dies, or a new fad pops up somewhere else, or an industry faces difficulties, or China raises import fees on the company's product, or.....etc...
    and 6 month trends are NOTHING - you need to look at 10 year, 5 year, previous year, rolling 12 months, rolling 6 months, rolling 3 months and previous quarter(s)...

    10 companies? my portfolio generally has 100-150, spread the risk

    5 of them won't go down? hahahahahahahahahahaha - you don't think 10 stocks can drop at the same time?!

    Do yourself a favor, sign up at:
    Code:
    fool.com
    (as in Motley Fool, not trying to be funny) and read there... a lot...

    Then sign up for a "stock market practice account" (google) look for one that uses real, current market data (not a simulator!) one example (I have not personally used it, but it looks like the right type):
    Code:
    http://www.nobletrading.com
    Once you are doing great with the practice account, consider dropping some real money into the market.
     
  17. dukebry

    dukebry Newbie

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    Last edited: Dec 3, 2009
  18. blackhattrial

    blackhattrial Regular Member

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    even I do stock trading.
    i enter when market falls. buy some fundemental stocks
    then wait for anothe year or when i get good reuturn around 20%
    and sell them
    this way i dont make much money but I dont loose either.

    I have focused myself on few stocks and keep my eyes on them.

    i used to do intradaytrade. but not now.
     
  19. Damienr88

    Damienr88 Registered Member

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    17!?!? :eek:
     
  20. blackhat50

    blackhat50 Regular Member

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    lol funny ass post, very comical.

    at first i thought you were being honest til i read the "you should start at least 50,000$ or so to be safe."


    thats the best part lol very funny,, why not suggest to a newbie to write down when he thinks he wants to buy a stock and how many shares then see how it goes, why would u suggest to start with 50k or perhaps you were suggesting that he used 'fake 50k ' ?

    and why the f*ck did you suggest that he trades on margain? i take it you don't invest but maybe read a few books and or some shit. and think your knowledgeable when your feet aren't even wet.

    i've been investing for 7 years , I highly recommend anyone to not take mightybh advice on investments.

    honestly bro 50k? where did you pull that number from? please tell me you were going to give him suggestive upsells(commission fee) for you to profit from him aka exploit the newbie.


    wow honestly, he already stated hes newbie and his strategy is to pick 10 stocks with good past history(aka 'tech. trading'... 'fuck fundamentals'= common for newbies) and he believes that hmm maybe 5 will earn him money (which is based from who knows what, clearly he is newbie with that type of logic). and you give him advice to trade on MARGAIN? wow so you want this newbie to trade HIGH RISK with unsecured money that he doesn't have and you suggest he starts ATLEAST 50k? for a newbie ?

    wow...

    you should sell a ebook or create one of those bullshit "forex/stock robots that reap in monies for everyone"
     
    Last edited: Dec 3, 2009