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      11-18-2010, 10:39 PM   #331
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Quote:
Originally Posted by richpuer View Post
yes it does make u think...but if u quit your job and attempt this full time, you will see that the tides have changed and ironically be looking back at the f/t job, going what the hell did i get myself into after blowing an account or two....making money in a bull run can be done even by even the greenest of all investors (not implying ur green or anything, just saying)....trading for a living is a WHOLE NEW ballgame. many have tried their hand at this and probably more than 90% fail...you ask why? because if it were easy, everyone on the planet would be doing it...it's the greatest job in world.. Afterall, where else could you work 6 hours a day, from home in your underwear, AND make a 6-7 figure salary?

best of luck to u, mate!
Most people are either hoping or guessing unless they have inside information which is most likely why 90% will fail unless of course it is like you said to where one basically bought after a crash and the market went on a bull run after.
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      11-19-2010, 09:09 AM   #332
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Quote:
Originally Posted by richpuer View Post
yes it does make u think...but if u quit your job and attempt this full time, you will see that the tides have changed and ironically be looking back at the f/t job, going what the hell did i get myself into after blowing an account or two....making money in a bull run can be done even by even the greenest of all investors (not implying ur green or anything, just saying)....trading for a living is a WHOLE NEW ballgame. many have tried their hand at this and probably more than 90% fail...you ask why? because if it were easy, everyone on the planet would be doing it...it's the greatest job in world.. Afterall, where else could you work 6 hours a day, from home in your underwear, AND make a 6-7 figure salary?

best of luck to u, mate!
Richpuer,

If you don't mind me asking, what was your career path like up until running a HF? I only ask because I have similar aspirations one day (work in I-Bank now). You'd could PM me if you don't want to share publicly, always nice to hear success stories, proves inspirational.

~Mike
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      11-19-2010, 09:31 AM   #333
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Quote:
Originally Posted by MJC///M3 View Post
Richpuer,

If you don't mind me asking, what was your career path like up until running a HF? I only ask because I have similar aspirations one day (work in I-Bank now). You'd could PM me if you don't want to share publicly, always nice to hear success stories, proves inspirational.

~Mike
PM sent
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      11-19-2010, 12:00 PM   #334
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LVS green again today Up yesterday and up today again. A tug between the bears and bulls today. Call options really paid off well for those bought in 2-3 days ago on the dip.

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      11-19-2010, 12:02 PM   #335
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Quote:
Originally Posted by stylinexpat View Post
LVS green again today Up yesterday and up today again. A tug between the bears and bulls today. Call options really paid off well for those bought in 2-3 days ago on the dip.
LVS is amazing..blows my mind everytime i look at the chart...WYNN is on my radar...possibly MGM for a catchup trade

btw. nice trade!
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      11-19-2010, 12:06 PM   #336
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Originally Posted by richpuer View Post
LVS is amazing..blows my mind everytime i look at the chart...WYNN is on my radar...possibly MGM for a catchup trade

btw. nice trade!

I like LVS more. Has more potential than WYNN in my opinion. Macau and Singapore doing well for LVS. Also Chinese New Years is coming up and next quarter earnings will have Singapore's full quarter earnings which should help boost the stock price. If all goes well I expect LVS to hit $80 before June of next year.
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      11-19-2010, 01:09 PM   #337
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SIRIUS has treated me well so far.
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      11-19-2010, 04:17 PM   #338
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MEE
RIG
WDC
check them out
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      11-19-2010, 04:22 PM   #339
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http://www.nasdaq.com/aspx/dynamic_c...charttype=line

Very nice. But kind of late to join the party now.
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      11-19-2010, 04:45 PM   #340
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agree, I have have been in since 10-14-10

Regarding SEC day-trading rules- as long as you have the 25k minimum they will leave you alone. A few years ago when I was day trading I had a very small account and could only trade until my day trading buying power went to zero for that day or it was reset. I would say its >95% where day traders end up with nothing in the long run or get wiped out due to improper position sizing compared to account size.
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      11-20-2010, 01:47 PM   #341
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Quote:
Originally Posted by richpuer View Post
yes it does make u think...but if u quit your job and attempt this full time, you will see that the tides have changed and ironically be looking back at the f/t job, going what the hell did i get myself into after blowing an account or two....making money in a bull run can be done even by even the greenest of all investors (not implying ur green or anything, just saying)....trading for a living is a WHOLE NEW ballgame. many have tried their hand at this and probably more than 90% fail...you ask why? because if it were easy, everyone on the planet would be doing it...it's the greatest job in world.. Afterall, where else could you work 6 hours a day, from home in your underwear, AND make a 6-7 figure salary?

best of luck to u, mate!
Ha! By no means do I think I have the skills to quit my job and do this full time. It's just nice extra money. When I said it makes you think, I just meant it's so funny that you work hard and long hours at work and the right trade can make you more so much more easily.

I'd say more like 98% fail. This has been a relatively easy market to navigate as of late. I know a guy that worked for George Soros and developed automated trading software (prob that smartest guy I know) and he is always preaching how difficult and how shitty of a lifestyle it can be doing it full time.
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      01-12-2011, 11:23 PM   #342
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Stocks and Trading

Anyone on here trade or invest as a hobby or career? Just got back into to the market after being out since 03 04 and dont even know where to start.. Im in some
Green energy and coal right now hoping i can make 5% id be very happy with

whats some solid strategy for a market so volatile?? Day or long term positons?
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      01-12-2011, 11:36 PM   #343
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Search. There are other threads like this.
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      01-13-2011, 03:58 PM   #344
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i personally love Financials

Risky yes.. but overall good
and profit is great

not really great for long term... don't hold it for more than a day or 2, maybe a week?

I'm playing with foreign banks, specifically NBG

NBG actually just helped pay for my cosmetic mods this week...
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      01-13-2011, 08:34 PM   #345
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Nationl bank of greece?? I'll have to check it.

Ive been on EEE and URRE for now. Made a killing of 300% with EEE but figured it was a one time run, im nervous to go back in as that is against my old method of being emotionally attached to a stock

To health and new money
RL
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      01-13-2011, 08:52 PM   #346
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what do you want to know?

VIX is down at 16ish.... these markets are NOT volatile....
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      01-13-2011, 10:38 PM   #347
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Quote:
Originally Posted by BigDog View Post
what do you want to know?

VIX is down at 16ish.... these markets are NOT volatile....
I'll have to give VIX a look quick, are you in finance professionally?

I'll PM ya what im looking for because im going to have to put a kid through school soon so I figure I better start swimming with the sharks again
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      01-20-2011, 09:50 PM   #348
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Thumbs up Stock Market (Shares)

Hey guys,
I have looked around and havent seen any threads relating to stocks so I decided to make one.

What stocks do you guys think are good ones to invest in as of january 20, 2011? Any tips would be appreciated also. I am very new to this...

Thanks,
Alexandros
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      01-20-2011, 09:52 PM   #349
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liar
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      01-21-2011, 12:51 AM   #350
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repost.com


I hear its shooting through the roof
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      01-21-2011, 12:52 AM   #351
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jesus, in the last month atleast 5 of these threads all stating they searched

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      01-21-2011, 08:13 AM   #352
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10000% what collins said, you're a damn liar if you said you looked around. These threads are popping up on an almost daily basis
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