Day trading, it's like gambling with slightly less drinking. TFM.

  1. Fratent Pending

    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 pm
    1. Fratent Pending

      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.

      13 years ago at 2:21 pm
  2. BROwnOutOfProportion

    Day trading is not glorified gambling if you know what you are doing. Take a lap, kid.

    13 years ago at 12:32 pm
    1. foundingfather

      Yes 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 pm
    2. BROwnOutOfProportion

      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.

      13 years ago at 2:05 pm
    3. JohnDRockefratter

      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.

      13 years ago at 2:44 pm
    4. Kenny_Powers

      Hey 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 pm
    5. Codename Duchess

      Assuming you mean YTD on beating the market then congrats on making over 2% on your investment

      13 years ago at 3:29 pm
    6. BROwnOutOfProportion

      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.

      13 years ago at 7:31 am
    1. hinckley

      Having 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 pm
  3. Oprah Is A Dyke

    Seeing that you are from Arizona, day trading illegals from mexico is just TFTC.

    13 years ago at 1:10 pm
    1. carolinahaze

      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.

      13 years ago at 2:04 pm
    2. Fratent Pending

      ^fuckin this. Or goodfellas, you never know when he might shoot you in the face.

      13 years ago at 2:23 pm
  4. bourbon and coke

    Tell that to rain man who practically bankrupt a casino and he was a retard.

    13 years ago at 3:37 pm