Discussion in 'Dropshipping & Wholesale Hookups' started by skyea, Jan 31, 2015.
Thanks for any help and reply
Please be more specific. What do you mean by "work arounds"?
1. Find a broker
2. Set up account
3. Buy stocks
You should do some reading first before doing that.
Have you heard of etoro? I can reference you, if you like and want to help me out! Ha
You get free $20 on sign up towards a big stock (McDonald's, Netflix, Coca-Cola, etc.) and you can always sell the stock and take the 20 and invest elsewhere. Also I think there is a sign up bonus or something like that for more. Let me know I can refer you . It has a mobile platform, which is great, AND there is this feature where you can "copy" people and invest in the stocks, currencies, commodities that they are investing in. Firstly before copying you would of course want to see their past results. Great application, I like it.
Hope this helps somehow
i work full time professionally in finance (specifically equity trading) and i would advise you to read up before you think about investing in any individual stocks. day trading is not a viable 'get rich quick' scheme
I play the stock market and have been doing very well.
Some of my money was made in Q stocks. Q stocks are stocks that were trading on the big boards and then declared bankruptcy. They are then delisted and given a new ticker symbol which includes a Q, this the Q stock. These stocks then plummet and you are given the opportunity to buy billion dollar companies for pennies. There is a ton of risk in this but it can also be very lucrative. When the company comes out of bankruptcy the shares are almost always deemed worthless, but if you go in for awhile and get out before there restructuring, there is a ton of money in it.
Some big plays of mine in that 2009 stretch:
CEMJQ (Chemtura) bought at .045 and sold at 1.50
SSCJQ (Smurfit Stone Container Corporation) - bought at .19 sold at 7.00
SSCCQ (another class of Smurfit stock) bought at .03 sold at .70
The real key to trading well is to figure out a system and go with it. I trade mostly big board stocks although I occasionally dabble in a Q stock play but they have largely cooled off.
Stickky Stock Charts is a good book to look at.
Heres another: http://www.amazon.com/How-Made-Milli.../dp/1897597991
The book talks about developing a system and going with it. Trading should be non-emotional.
If you also want to watch some interesting shows about trading check out Wall Street Warriors, you can find it on Hulu.
Some episodes these guys lose a million dollars and they show no emotion because they followed their system. It's hard to be stoic, but if you can, you can make money in the stock market.
One thing nice about Q stocks is the upside is huge considering there down so low to begin with.
As far as day trading and channeling stocks here our some nice rules that have helped me trade more successfully.
When I trade big board stocks I mostly only do high frequency trading. Where I move in and out of short-term positions at high volumes aiming to capture sometimes a fraction of a cent in profit on every trade for consistent gains on margin accounts.
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