what is so difficult about stock trading?

[jefa]

it's just one of the legal forms of gambling

 

[mugs]

Originally posted by: thepd7

I can't do 33% but I'll give you 5% in less than a week on one:

WFR

Yesterday I was going to invest in the following stocks except my money hasn't completed the Etrade transfer yet:

C (10.2%)
GM (up 2.41% on the day but I would have sold earlier when it was up 10%)
BEXP (up 10.55% today)


Is it that simple? In this market, yes. I know absolutely nothing, research nothing, and I have made 30% after taxes in about a month.

Only one little caveat: you have to be willing to lose it all.

In this market - exactly. Anyone could make huge gains in this market, but the OP seems to think he could do it at will. If he honestly believes that, I think he'll be surprised.

<-- up 55% in about a month with my "play money" account

 

[thepd7]

Originally posted by: thepd7

Originally posted by: mugs

Originally posted by: Dear Summer
let's assume you have $10000 to invest
conduct due diligence and fundamental research
analyze the graphs, numerical data, daily range, read equity research reports, etc.
you easily locate a low value stock (especially now). For example, a share priced at $6 that you know will move up based on your research
you purchase 1666 shares
set a sell limit at $8 which is realistic and easily attainable based on the data you have researched
in a matter of days, you have made over 3k

Name one stock that will go up 33% in the next few days. I'll come back next week to see how you did.

I can't do 33% but I'll give you 5% in less than a week on one:

WFR

Yesterday I was going to invest in the following stocks except my money hasn't completed the Etrade transfer yet:

C (10.2%)
GM (up 2.41% on the day but I would have sold earlier when it was up 10%)
BEXP (up 10.55% today)


Is it that simple? In this market, yes. I know absolutely nothing, research nothing, and I have made 30% after taxes in about a month.

Only one little caveat: you have to be willing to lose it all.

Just doin a little quoty quote to remind people how awesome I am. 6.2% in one day.

The next ones will cost you, PM for details.

 

[ivan2]

marked.

 

[LegendKiller]

Originally posted by: thepd7

Originally posted by: thepd7

Originally posted by: mugs

Originally posted by: Dear Summer
let's assume you have $10000 to invest
conduct due diligence and fundamental research
analyze the graphs, numerical data, daily range, read equity research reports, etc.
you easily locate a low value stock (especially now). For example, a share priced at $6 that you know will move up based on your research
you purchase 1666 shares
set a sell limit at $8 which is realistic and easily attainable based on the data you have researched
in a matter of days, you have made over 3k

Name one stock that will go up 33% in the next few days. I'll come back next week to see how you did.

I can't do 33% but I'll give you 5% in less than a week on one:

WFR

Yesterday I was going to invest in the following stocks except my money hasn't completed the Etrade transfer yet:

C (10.2%)
GM (up 2.41% on the day but I would have sold earlier when it was up 10%)
BEXP (up 10.55% today)


Is it that simple? In this market, yes. I know absolutely nothing, research nothing, and I have made 30% after taxes in about a month.

Only one little caveat: you have to be willing to lose it all.

Just doin a little quoty quote to remind people how awesome I am. 6.2% in one day.

The next ones will cost you, PM for details.

6.2%, that's all?

 

[nerp]

I AM UP 100% ON A STOCK I BOUGHT AT .00001 NOW IT'S .00002!

ROFL

 

[KentState]

I had the one hunch you get in life that pans out and that was SIRI @.07. I picked up 80,000 shares or just under $6000 after fees and large purchase surcharge. Anyways, that has turned into $30k and was up even more yesterday.

 

[thepd7]

Originally posted by: LegendKiller

6.2%, that's all?

One day, plus I can't give away all my secrets for free!

 

[Miramonti]

Originally posted by: nerp
I AM UP 100% ON A STOCK I BOUGHT AT .00001 NOW IT'S .00002!

ROFL

I'll take that return any day.

 

[Miramonti]

Originally posted by: KentState
I had the one hunch you get in life that pans out and that was SIRI @.07. I picked up 80,000 shares or just under $6000 after fees and large purchase surcharge. Anyways, that has turned into $30k and was up even more yesterday.

The fact that I didn't buy any there is why I'm a loser.