Stock?

[Pliablemoose]

Strategy Lab is a good tool to see how professionals stack up against each other...

If you follow the best trader, you can usually make money, but as you can see, the pros have a hard time even breaking even.

 

[DaveSimmons]

Originally posted by: jjsole

Originally posted by: DaveSimmons
I've sold shares exactly once in the last 5 years when I dumped Janus Worldwide to buy Vanguard's VEUREX.

How has that worked out? I haven't followed mutual funds altho I heard Janus took a significant dive a few years ago.

Pretty well -- I waited long enough that Janus recovered a decent amount, but finally dumped the fund after the managers changed and Janus was in the market timing scandals up to their neck. The Vanguard fund is up nicely, and the small capital gains loss just mean less tax to pay on my other gains.

I'm a lazy investor so I'd much rather accept lower growth from funds like VFINX in exchange for zero effort and much lower risk than aggressive funds or trading individual stocks.

 

[IHateMyJob2004]

Originally posted by: doma
I am now going to just get into trading stock. I want to know which firm i should have an account with. All I want to do is trade on a daily basis. I want an account that has good reputation but a llow cost. Anyone have any good ones? As of now I am going with either Schwab, Sharebuilder, or e-trade.

Ameritrade....even though there are rumors of a buy out coming soon.

And I pray to god you arn't going to be a trader, but an investor.

 

[IHateMyJob2004]

Originally posted by: everman
Inexperianced + Day trading. how quickly are you determined to loose all of your money?
I don't mean to flame, it's just not a wise move. If you're just learning, try doing it with a portfolio manager on yahoo, fool, or morningstar, without real money. Make sure you take into account how fast transaction costs eat up any profits.
Good luck, and be careful 😉

Any experience + Day trading. how quickly are you determined to loose all of your money? I don't mean to flame, it's just not a wise move.

 

[IHateMyJob2004]

Originally posted by: Pliablemoose
Look for stocks that have taken a 30% drop in the previous trading day, buy it low, the owners will seek to fortify their position at the new price & there's a bump on the 2nd day, then when the investors realize it's a lost cause, they dump it all at a loss... You sell on the denial bump😀

Obviously has read the study on how many samples are required to see a pattern.... nto that it matters, but an interesting study.

 

[iversonyin]

Day trading is not for noobie. You have to be master in technical analysis to do that kind of trade. If you don't know what you doing, you'll be out of the market as quick as you get in.

 

[Miramonti]

Originally posted by: DaveSimmons

Originally posted by: jjsole

Originally posted by: DaveSimmons
I've sold shares exactly once in the last 5 years when I dumped Janus Worldwide to buy Vanguard's VEUREX.

How has that worked out? I haven't followed mutual funds altho I heard Janus took a significant dive a few years ago.

Pretty well -- I waited long enough that Janus recovered a decent amount, but finally dumped the fund after the managers changed and Janus was in the market timing scandals up to their neck. The Vanguard fund is up nicely, and the small capital gains loss just mean less tax to pay on my other gains.

I'm a lazy investor so I'd much rather accept lower growth from funds like VFINX in exchange for zero effort and much lower risk than aggressive funds or trading individual stocks.

Great, sounds like a wise move (or series of moves).

 

[iversonyin]

Originally posted by: jjsole

Originally posted by: DaveSimmons

Originally posted by: jjsole

Originally posted by: DaveSimmons
I've sold shares exactly once in the last 5 years when I dumped Janus Worldwide to buy Vanguard's VEUREX.

How has that worked out? I haven't followed mutual funds altho I heard Janus took a significant dive a few years ago.

Pretty well -- I waited long enough that Janus recovered a decent amount, but finally dumped the fund after the managers changed and Janus was in the market timing scandals up to their neck. The Vanguard fund is up nicely, and the small capital gains loss just mean less tax to pay on my other gains.

I'm a lazy investor so I'd much rather accept lower growth from funds like VFINX in exchange for zero effort and much lower risk than aggressive funds or trading individual stocks.

Great, sounds like a wise move (or series of moves).

Index funds are pretty good also.

 

[ponyo]

Daytrading is tough. Easy days of 98-2001 are gone. Of course if you're good, you're going to make money no matter what but it's definitely tougher now.

First figure out if you're trader or investor. If trader, figure out your trading style. Then learn much as you can with play money until you're comfortable putting real money on the line.

I'm more of a swing trader. Mix of fundy and charts although most day and swing traders are pure chartman.

Best of luck.

 

[Miramonti]

Originally posted by: Naustica
Daytrading is tough. Easy days of 98-2001 are gone. Of course if you're good, you're going to make money no matter what but it's definitely tougher now.

First figure out if you're trader or investor. If trader, figure out your trading style. Then learn much as you can with play money until you're comfortable putting real money on the line.

I'm more of a swing trader. Mix of fundy and charts although most day and swing traders are pure chartman.

Best of luck.

What charting/analysis software do you use?

 

[iversonyin]

Originally posted by: jjsole

Originally posted by: Naustica
Daytrading is tough. Easy days of 98-2001 are gone. Of course if you're good, you're going to make money no matter what but it's definitely tougher now.

First figure out if you're trader or investor. If trader, figure out your trading style. Then learn much as you can with play money until you're comfortable putting real money on the line.

I'm more of a swing trader. Mix of fundy and charts although most day and swing traders are pure chartman.

Best of luck.

What charting/analysis software do you use?

Back in 98-00 I don't think you need any charting or analysis. Pick any tech related stocks
IPO and it'll go up like an rocket. My parents bought on brokers recommendation make handful during that period. Only to lose it all when hell come down in March

 

[IHateMyJob2004]

Originally posted by: iversonyin

Originally posted by: jjsole

Originally posted by: Naustica
Daytrading is tough. Easy days of 98-2001 are gone. Of course if you're good, you're going to make money no matter what but it's definitely tougher now.

First figure out if you're trader or investor. If trader, figure out your trading style. Then learn much as you can with play money until you're comfortable putting real money on the line.

I'm more of a swing trader. Mix of fundy and charts although most day and swing traders are pure chartman.

Best of luck.

No offense .... "investors"
What charting/analysis software do you use?

Back in 98-00 I don't think you need any charting or analysis. Pick any tech related stocks
IPO and it'll go up like an rocket. My parents bought on brokers recommendation make handful during that period. Only to lose it all when hell come down in March

 

[Doggiedog]

Cheap shouldn't be the most important factor. Speed and execution should be something important to consider. Who cares if you save yourself $5 if a trade you make is slow or the market maker at the broker rips you off for a lot more?

 

[TwoBills]

If you're going to just dabble (ie: gamble) go w/Scottrade. $14 round trip. I'd stay away from Sharebuilder. They have limited offerings.

 

[doma]

can someone with an analyst tell me how these stocks look?
ABRI
IKNX
QUIP
CSLR
AEISE
AMD
CARN
DELL
DIS
DSCM
EMC
GIGA
GNW
INTC
LU
MNTA
MOT
MSFT
NVDA
PLCC
PSUN
SIMC
SIRI
TASR
USB
VEXP
WMT

 

[qaa541]

Try out Firstrade, they have a slightly cheaper than scottrade commission and they do free mutual funds if you hold for over 180 days. No account minimums or fees. I think they also have a 5 second execution guarantee for market orders.

 

[iversonyin]

Anyone here do technical analysis and what software do you use? Is it even possible to get a hand on those software like Reuter and Bloomberg but less complicated one?

 

[lowfatbaconboy]

*waits for the AT effect to hit the stock market*

 

[Doggiedog]

Originally posted by: doma
can someone with an analyst tell me how these stocks look?
ABRI
IKNX
QUIP
CSLR
AEISE
AMD
CARN
DELL
DIS
DSCM
EMC
GIGA
GNW
INTC
LU
MNTA
MOT
MSFT
NVDA
PLCC
PSUN
SIMC
SIRI
TASR
USB
VEXP
WMT

I actually follow LU and MOT professionally as an analyst. The guy next to me follows SIRI and the guy behind me is an axe on INTC.

 

[iversonyin]

Originally posted by: Doggiedog

Originally posted by: doma
can someone with an analyst tell me how these stocks look?
ABRI
IKNX
QUIP
CSLR
AEISE
AMD
CARN
DELL
DIS
DSCM
EMC
GIGA
GNW
INTC
LU
MNTA
MOT
MSFT
NVDA
PLCC
PSUN
SIMC
SIRI
TASR
USB
VEXP
WMT

I actually follow LU and MOT professionally as an analyst. The guy next to me follows SIRI and the guy behind me is an axe on INTC.

Technical or fundamental? and whats your professional opinion on LU and MOT?

 

[Doggiedog]

Originally posted by: iversonyin

Originally posted by: Doggiedog

Originally posted by: doma
can someone with an analyst tell me how these stocks look?
ABRI
IKNX
QUIP
CSLR
AEISE
AMD
CARN
DELL
DIS
DSCM
EMC
GIGA
GNW
INTC
LU
MNTA
MOT
MSFT
NVDA
PLCC
PSUN
SIMC
SIRI
TASR
USB
VEXP
WMT

I actually follow LU and MOT professionally as an analyst. The guy next to me follows SIRI and the guy behind me is an axe on INTC.

Technical or fundamental? and whats your professional opinion on LU and MOT?

Fundamental sell-side. We have a technical guy here also. Spoke to him yesterday about a bunch of stocks. He's got proprietary technical models that spit out tons of charts and figures. Neat stuff but you can't just use one data point.

We put out a note today on wireless spending that stirred the beehive a bit and in particular LU. If you have access to First Call you will see it. Essentially, we said spending by Cingular is slower than expected and may impact LU sales. My boss is going to visit MOT on Monday so I'm sure his opinion on it will change.

 

[doma]

if i was going to invest in those which would you suggest? out of the list?

 

[Doggiedog]

Originally posted by: doma
if i was going to invest in those which would you suggest? out of the list?

I don't follow the other stocks on that list so I can't really tell you. I know some of them like NVDA but that was over 5 years ago. NVDA, TDFX, STBI, CREAF, DIMD, TDDDF are the reasons why I found this website. I was doing some consumer research on them and people's thoughts when I stumbled upon Anandtech. I haven't left since. 🙂

The stocks I follow now are CSCO, JNPR, COMS, EXTR, FDRY, XXIA, NTGR, PKTR, LU, NT, NOK, ERICY, MOT, RDWR, SYMM, WGRD, CGFW, SNWL, ANDW, PWAV, RBAK.

Anyway, although I am registered, I shouldn't be giving that sort of advice on stocks here.

 

[iversonyin]

Originally posted by: doma
if i was going to invest in those which would you suggest? out of the list?

I suggest you take the time and learn it yourself...or else you will never learn.

"Give a man a fish, you feed him for a day. Teach a man to fish, you feed him for life time"

 

[WildHorse]

I use ScotTrade.

On one hand Technical trading is for idiots,
but on other hand,
the world is full of 'em
& they throw so much $$ they move markets,
so it's good to be aware what new trends
the tech traders are swinging on at any given moment.