Stock Market Trading Stocks

[hobokeni]

Anyone here into trading stocks,
if you are shorting the market now ?,this bounce

 

[OzyBoy]

I was thinking about buying some certain stock earlier this year but decided not to at the last minute. Ahhhh!! It is up about 250%. :cuss:

 

[hobokeni]

buy and hold is not the only way
many traders/investors short the market
sometimes the down moves are very fast for quick profit.

I was thinking about buying some certain stock earlier this year but decided not to at the last minute. Ahhhh!! It is up about 250%. :cuss:

 

[Alle_Gory]

buy and hold is not the only way
many traders/investors short the market
sometimes the down moves are very fast for quick profit.

Unless you read it wrong. I trade Forex. Its already random enough. The stock market?? Forget about it. Especially with the commissions involved and the unpredictable fluctuations now.

 

[ready123]

Buy BAC and wait for it to go back up to 50

 

[Wiesman44]

Buy BAC and wait for it to go back up to 50

Some of us don't have 40 years to wait for this to happen :crackup:

 

[speakeasy]

I wish I was good at this stuff. In the meantime, I'll just have to work for my money.

 

[synergy1]

I wish I was good at this stuff. In the meantime, I'll just have to work for my money.

short term traders historically have the least return on the investment in the long run when compared to any other type of investor ( U cal Berkley study if anyone cares...too lazy to dig up the research) including people who put their money into mutual funds.

 

[Alle_Gory]

...

 

[ready123]

Some of us don't have 40 years to wait for this to happen :crackup:

you could've bought BAC when it was at 3 back in Feb and today it hit 15. 5 bagger. even if you bought last Monday, it was at 12. 25% gain in a week

I don't give a fvck if it hits 50 or not, which it will when the economy gets healthy, but I'll be surprised if it doesn't hit 30 by next year. 100% gain is fine with me

easy money if you're not daytrading

 

[hobokeni]

This is not time to buy
dont listen to TV
its all free on tv cnbc isnt it ??

Price is what you pay ,value is what you get
dont be the one left holding bag,

there are few good chinese companys with growth rate
not in US many company have high multiples p/e and overvalued on fundamentals,
big boys are dumping now

you could've bought BAC when it was at 3 back in Feb and today it hit 15. 5 bagger. even if you bought last Monday, it was at 12. 25% gain in a week

I don't give a fvck if it hits 50 or not, which it will when the economy gets healthy, but I'll be surprised if it doesn't hit 30 by next year. 100% gain is fine with me

easy money if you're not daytrading

 

[Alle_Gory]

This is not time to buy
dont listen to TV
its all free on tv cnbc isnt it ??

Price is what you pay ,value is what you get
dont be the one left holding bag,

there are few good chinese companys with growth rate
not in US many company have high multiples p/e and overvalued on fundamentals,
big boys are dumping now

Which is why the price is taking a dive. But it depends if you're a long term investor or short term. Also, BAC is pretty overvalued.

 

[cordoncordon]

I daytrade for a living...thats all I do. I even have my own stock news letter I send out to my group. Making money in this is not easy, but once you get the hang of it, it can be done. For example last week I made about $10,000, and just today I made about $15,000, mainly on ZENG and BEHL. So far this year I have made about $250,000 on BEHL alone. It was promo'd and I get info ahead of time on which stocks could move. These are all penny stocks mind you, they can move up and down fast. For example BEHL has gone from .005 to .15 all in about a month. I also play larger cap stocks. My best overall winner this year is MRNA, have had that from 20 cents all the way over $3. Heckuva company.

Now dont think its that easy and please dont take what I said as bragging. Trust me ive lost plenty of money in the market before I started making it. Ive been trading since I was 15, am now 35, and the first 3 times I put money into an account, I lost it all. You just need to get experience. But like I said it can be done.

Anyway, if you need any advice or help, let me know. I can always point out some things. Or if you want in my stock group, let me know as well.

 

[Evzone]

My recommendation, as I'm in finance myself but I'd rather not get into stocks or fixed income opportunities that I'm looking into here:

1. If you're in college right now, take Financial Markets at your econ department. At some schools it's called Money and Banking. I thought I knew about markets going in, and then I realized that I still have a lot more to learn.
2. Read Fooled by Randomness.
3. If you're serious about making this into a profession, head over to the forum Wall Street Oasis. There's lots of crap on the internet about investments or trying to get a job as a finance professional, but those guys are very legit. In my opinion, I'd highly recommend getting a job at a proprietary trading firm like Optiver, First New York, ect., or the sales & trading desk of an investment bank than working at a chop shop or trading your own capital (unless you REALLY know what you are doing and aren't just plain lucky).

 

[macallik]

Been obsessed for the past couple months. I'm gonna post up the books I've read in my journal if anyone is interested. I still got a lot to learn but now things are making sense, coming from a guy who knew NOTHING about the market a couple months ago.

I wanted to jump in but everyone says get a feel for it first so I'm only paper trading although I did use the amount of money I had in the bank to buy in instead of the $100,000 they give you. For my first stock, I just took Warren Buffet's info on buy what you know.

http://tinypic.com/r/dmbn89/3

that was kinda lucky considering the lack of fundamental analysis I did but Now I got how to read stocks and chart on them and alla that good stuff.


To the OP, as for shorting the market. If you know something I don't go for it, but to my knowledge it is a bull summer and coming off the best continuous period in the last year...

 

[ready123]

2. Read Fooled by Randomness.

great book

To the OP, as for shorting the market. If you know something I don't go for it, but to my knowledge it is a bull summer and coming off the best continuous period in the last year...

yeah, I don't get the insistence on shorting either, unless maybe you're daytrading or know a specific industry that's going down. it's gonna be a bull summer with a few pullbacks

personally I think if you're doing long term and willing to hold for a couple years if you have to, this sht is not all that complicated. I put myself through grad school by playing semi equipment: AMAT and KLAC. Before the recession, AMAT cycled between 15 and 20 and KLAC between 30 and 50. Why? Because of this thing called Moore's Law that refreshed the product cycle for semis every 16 months and the fact both companies have stable market share. That's all I had to know and I bought and sold accordingly

AAPL is releasing a tablet in September (other OEM's put their tablets on hold because they're scared) and everyone knows how good AAPL is creating market share out of thin air. If that tablet catches on, that stock is rising. If it doesn't, that stock is still rising because the economy is getting better

As for BAC, common sense tells me financials will rise as the economy gets better. If BAC, with govt intervention, new leadership, and new assets, takes 40 years to hit 50, that means China took over as the world hegemony and we're all screwed. And if you wanna talk about stock being overvalued, GOOG has been overvalued for the past half a decade

 

[macallik]

AAPL is releasing a tablet in September (other OEM's put their tablets on hold because they're scared) and everyone knows how good AAPL is creating market share out of thin air. If that tablet catches on, that stock is rising. If it doesn't, that stock is still rising because the economy is getting better

Oh yea? I saw a story on CNBC yesterday about how tablets are being introduced for free in a handful popular universities across the country, and how they end up saving students 30-50% on their books. The idea of tablets selling well does make the assumption that Americans have a predisposition to reading that I don't quite agree with but I'll have to keep an eye out on the situation sommore...

The reason I was attracted to AAPL was the market share as well as how they run shop. They aren't content with their product being first... instead they want their product to be first, last year's model to be 2nd and the spin-off product to be third like they did with their IPods. And the marketing campaign against Microsoft has definitely made them the popular trendier company in the computer world. Right now, anything with the AAPL symbol in it can sell itself.

In the phone world there seems to be more competition. Like where i'm from, blackberry msngr is the sh!t. Everyone got their pin's on fb and it is like an exclusive club thing that the whole hood is involved in. However, the newer phones may offer better technical specs or programs, but they don't have the power behind the name that AAPL does. The average consumer doesn't care that Google's phone is more powerful or that the new Palm Pre is gonna be something to marvel, they want the phone their friend has at a cheap price and AAPL is doin that.

 

[Alle_Gory]

they want the phone their friend has at a cheap price and AAPL is doin that.

Not likely. The iPhone is a premium product.