Stock Market info & fun

[SPIKER]

I know the feeling about should have bought MORE lol. last week I bought Ford (F) and GM both at or near 40 year lows... I sold out fast at 30% profit... Sounds like you are doing much better than I had been so far. I signed up for ZACKS investment which is free one. figure any info is good info... I found 3 or 4 on there that are good out of 5 or 6 I looked at...

I have some higher quanities of FRE & FNM freediemac & Fannie may . they while in poor condition stocks also at 30 yr lows... feds will rescue them and already stocks up a good bit...

U got any good picks ?
4 I watching / buying now WWAT, NVDA, SKS & SOL

Mark

 

[Travelover]

I know that talking investing philosophy can be like talking politics or religion, but I want to say for the benefit of others reading this thread that one can make a lot of money using the old "get rich slow" technique. This technique involves investing money on a regular basis in broad based stock index funds with low expense ratios (the dealers take). Some have made money jumping in and out of stocks, but eventually most get burned.

I'm not interested in arguing which is a better approach, but want others to know that if you are interested in investing in stocks and bonds, there are some great resources that are free or nearly free.

 

[SPIKER]

I know that talking investing philosophy can be like talking politics or religion, but I want to say for the benefit of others reading this thread that one can make a lot of money using the old "get rich slow" technique. This technique involves investing money on a regular basis in broad based stock index funds with low expense ratios (the dealers take). Some have made money jumping in and out of stocks, but eventually most get burned.

I'm not interested in arguing which is a better approach, but want others to know that if you are interested in investing in stocks and bonds, there are some great resources that are free or nearly free.

I agree with you a lot on this: Infact I've had/owned stocks for year all in good hard working companies that provide stable earnings. sure they have dropped some in last few months most stable markets have. I would have liked to KEEP & HOLD some of the stocks I've gone through in the last week or two... GM & Ford are 2 big ones. While HOLDING them will be good long term investments due to where they are in relation to past performances & price. the AMOUNT I can make by keeping the $ liquid is better in THIS market... I do intend to start HOLDING some of the stocks...

Mark M

 

[js5020]

Good point DT,,, and also correct I might add. There are many ways to profit from the markets,,,,,, and there are also many more ways to lose! In my opinion the longer term your view of the trade is and the less leverage you are using to make that profit the better your chances of success are. Those returns posted earlier were made using INSANE leverage, not safe nor wise money management,, and on a demo account not real money. I'll also add for the benefit of other readers the month after I made the 600% I completely wiped out a 10k account in 3DAYS using the exact same methods,, sure glad that was paper!!!!! Another good point DT brings up has to do with resources/training,, there are alot of scams out there looking to part you from your cash, I have never spent one dime on training,, I do not use signal services,,,, theres an old saying I go by,,,,, those who can't do teach.

 

[Travelover]

theres an old saying I go by,,,,, those who can't do teach.

Excellent point. If one really had a sure fire system to beat the market why would you mess around selling newsletters and training videos as opposed to just investing, getting stinking rich and then retiring?

 

[js5020]

Precisely!!!!! No one in their right mind would leak any info what so ever about such a system,, if one could exist.

 

[SPIKER]

Excellent point. If one really had a sure fire system to beat the market why would you mess around selling newsletters and training videos as opposed to just investing, getting stinking rich and then retiring?

I think I like that plan "investing, getting stinking rich and then retiring" lol
but then it may just go the other way...

(I can't stress the amount of learning & research I've been doing last 2 weeks.)

Worse problem right now is getting funds to BUY with without being in the "FREE RIDE" areas... Seems that you have to wait up to week+ for some of the trades to go through? I have paydays set for 22nd that were made on the 16th... GRRRR that means you can't re-invest the money unless you HOLD the stock/commodities until AFTER the pay date. I'm not sure WHAT they do to you when you try/do this they list it and report it as a "FREE TRADE" but I haven't found what this actually means... I'm wanting to sell 3 or 4 stocks that are stuck into this hold pattern now. so to BUY some stuff I need to add cash so I can get some more stocks that are at many year lows...

Mark M

 

[js5020]

And some of what your saying is exactly why I switched to forex,,, instant deals,, no playing around,, if I want in now I'm in,, and if I want out now I'm out,,,, instant settlement no waiting for days for things to "go through", profit today, money is in the account instantly.

 

[RobJ]

Excellent point. If one really had a sure fire system to beat the market why would you mess around selling newsletters and training videos as opposed to just investing, getting stinking rich and then retiring?

For one reason it's a lot easier and a lot less risky. There are no guarantees in life...but annual newsletter sales...is pretty close. :d

 

[SPIKER]

JS:

I opened a paper account over at forex: ya so far I'm worse off than I thought, there are SOOOO MANY things there that are different than the stock mkt. all this so far is pretty confusing, some help was gotten over at the pips place. I wasn't aware exactly HOW it all worked as I have used my time to explore learn and trade the stocks not forex mkt. anyhow I'll have to spend a LOT of time trying to figure out all the
ratios pips as it seems that depending on what type of account you open you ratio changes if it is std mini or what ever. I'm still slightly confused as to how the PIPS actually work for ya. also I haven't found a clear way on how to do any good research on the rate you want to get into. seems to me that will be the hardest part. as far as learning past performance ect.

It seems that while you may be able to make $ there it will be more of a guess at he exchange rate for the next few days, (unless you can predict where next hurricane is going to hit in a few days.) I think my mental reasoning is better suited to stocks at this time, but I'll be playing on the forex with paper for a while and may start looking for better info on it. the pips site BB has some good info but I'm way back in the novice range... Making actual money in stocks is what I'm going to stick with for now, and free time to play in the forex...


Mark M