O good I haven’t seen a post about stocks yet today. I hope you enjoy the Dow plummeting. I just invested in gold 10 years ago when I was starting 4th grade, I’m a rich man now.
The Oracle was having health issues when I was in 4th grade so I didn’t want to risk it. And gold is FaF I just smelted it into a huge appreciating yacht.
Read anything by William J. O’Neil, who founded Investor’s Business Daily. Anyone who pays attention to charts, volume, profit share, and profit growth from the same quarter the year before can beat the market consistently. There is still a little chance involved, but there is a science to picking winners. Anyone who compared, say, Chipotle stock, a consistent leader, to a speculative stock like Mako, knows that. My dad and I both beat the market this year and cashed out just before the market started taking a beating. Do some research before you show your ass, kid.
In this market it’s still hard to trade based on pure technicals or fundamentals. Daytrading is very hard when you consider the power that the institutional traders have; better statistical models and technology that allows them to profit on the discrepancies faster than a single trader would. Anybody who thinks they can beat this volatile market consistently is ignorant, and more than likely will lose money. Better to pick strategic longer term plays or perhaps limit risk with derivatives. As always options TFM.
Rockefratter, I do agree that the high food and gas prices and the uncertainty created under Obama has made this a horribly choppy bull market. I compensated by cutting losses at 7% and taking gains at 15% instead of 20-30%. I’m probably up 25% on investment since the bull market began. Not a huge return, but hopefully we have a Republican in office by the start of the next bull market.
Day trading under Obama is like gambling with Joe Pesci’s character from Casino. When you lose he collects, and when you win he tells you to go fuck yourself.
O good I haven’t seen a post about stocks yet today. I hope you enjoy the Dow plummeting. I just invested in gold 10 years ago when I was starting 4th grade, I’m a rich man now.
13 years ago at 12:31 pmInvesting in gold, NF. Investing in Berkshire Hathaway, TFM.
13 years ago at 1:21 pmBuying 20 VIX calls last week. TFM
13 years ago at 1:35 pmWas long VIX futures.
13 years ago at 2:03 pmThe Oracle was having health issues when I was in 4th grade so I didn’t want to risk it. And gold is FaF I just smelted it into a huge appreciating yacht.
13 years ago at 2:21 pmDay trading is not glorified gambling if you know what you are doing. Take a lap, kid.
13 years ago at 12:32 pmYes it is, and if you think it’s not then you need to grow up and take a statistics class.
13 years ago at 1:26 pmRead anything by William J. O’Neil, who founded Investor’s Business Daily. Anyone who pays attention to charts, volume, profit share, and profit growth from the same quarter the year before can beat the market consistently. There is still a little chance involved, but there is a science to picking winners. Anyone who compared, say, Chipotle stock, a consistent leader, to a speculative stock like Mako, knows that. My dad and I both beat the market this year and cashed out just before the market started taking a beating. Do some research before you show your ass, kid.
13 years ago at 2:05 pmMy bank accounts are also beating the market broksi.
13 years ago at 2:37 pmIn this market it’s still hard to trade based on pure technicals or fundamentals. Daytrading is very hard when you consider the power that the institutional traders have; better statistical models and technology that allows them to profit on the discrepancies faster than a single trader would. Anybody who thinks they can beat this volatile market consistently is ignorant, and more than likely will lose money. Better to pick strategic longer term plays or perhaps limit risk with derivatives. As always options TFM.
13 years ago at 2:44 pmHey guys, no one mess with BROwnOutOfProportion. He absolutely knows what he is doing. He read it in a book.
13 years ago at 3:10 pmAssuming you mean YTD on beating the market then congrats on making over 2% on your investment
13 years ago at 3:29 pmRockefratter, I do agree that the high food and gas prices and the uncertainty created under Obama has made this a horribly choppy bull market. I compensated by cutting losses at 7% and taking gains at 15% instead of 20-30%. I’m probably up 25% on investment since the bull market began. Not a huge return, but hopefully we have a Republican in office by the start of the next bull market.
13 years ago at 7:31 am*have
13 years ago at 7:35 amDay trading with slams, FaF.
13 years ago at 12:35 pmSlamming a slam while the market gets slammed. TFTC
13 years ago at 12:39 pm^ Was this in the book you read?
13 years ago at 5:14 pm^Yes, with pictures and step-by-step instructions.
13 years ago at 7:33 amGet a fucking broker, geed.
13 years ago at 12:37 pmHaving someone we hired years ago handle the situation while I roll one, pack a cooler of beers and head for the links.
13 years ago at 7:03 pmGetting richer one bp at a time.
13 years ago at 1:03 pmSeeing that you are from Arizona, day trading illegals from mexico is just TFTC.
13 years ago at 1:10 pmHuman trafficking – FaF
13 years ago at 1:12 pm^ Liam Neeson
13 years ago at 7:18 pm^That guy…just keeps losing his daughter.
13 years ago at 7:45 amDay trading, NF. Options, TFM. Futures, TFTC.
13 years ago at 1:36 pmDay trading today would drive me to drink.
13 years ago at 1:42 pmday trading under Obama is like gambling blindfolded and high.
13 years ago at 1:49 pmDay trading under Obama is like gambling with Joe Pesci’s character from Casino. When you lose he collects, and when you win he tells you to go fuck yourself.
13 years ago at 2:04 pm^fuckin this. Or goodfellas, you never know when he might shoot you in the face.
13 years ago at 2:23 pmAre you guys really as dumb as you appear to be?
13 years ago at 4:40 pm^Kill yourself now.
13 years ago at 5:42 pmTell that to rain man who practically bankrupt a casino and he was a retard.
13 years ago at 3:37 pm^ You fudged up, guy.
13 years ago at 5:18 pm^Never go full retard.
13 years ago at 5:46 pm