Which technicals do you find most useful when making your investment decisions?
Thanks -- J1
Stock trading ? Any professionals out there :P? Anyone have consistent results?
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Thanks -- J1
Originally Posted by blackrock13
He didn't ask how. He asked who. I guess you missed that part.
He is making it up. He does not know anyone.call up the cra maybe theyll give you some names
Because if it was that easy we'd hear about it and be doing it.He is making it up. He does not know anyone.
So you don't know or can't name any? That's all Prophet asked of you.call up the cra maybe theyll give you some names
most people don't trade stocks, yet alone even just own them. that was a retarded question. if you wanna find traders how about joining a trading forum.He is making it up. He does not know anyone.
it isnt easy, ive been studying the market for years and I still make mistakes here and there. the average person is completely clueless on basic financial education so how do you expect them to trade stocks and be successful? it needs to become your life. for instance I bought first majestic silver monday for a trade, was up $1000 yesterday and didnt sell bc of a presumed bullish FOMC statement and they released their earnings today so I was expecting to at least cash in 2k this week. anyway, turns out even though the US fed says they are gonna print more money PM stocks sold off, and first majestics earnings came in 10% weaker than expected due to capital expenditure on an acquisition and lower silver prices which is short term negative, so the stock sold off today 8%.....now im 3k in the hole but this will be only temporary probably a week or 2 the latest. if I had put a stop loss I would have sold my shares before I incurred a paper loss, I didnt use it bc sometimes that backfires when the shares end up rallying.Because if it was that easy we'd hear about it and be doing it.
:caked:Buy and Hold is an outdated strategy and doesn't work when the volatility is high as has been the past few years. Imagine applying the buy and hold principle to RIMM or Nortel or any of the stocks during the tech bubble of the early 2000s. CISCO was over $60 in 2000 and in the teens today. Short term trades is the way to go to make money in the current markets, IMHO. Lots of money to be made in options trading as well when the volatility is high.
Suggest you watch Jim Cramer's Mad Money show which is one at 6 pm on CNBC. He is bit of a nut and may not always get things right but I find his shows very information and a learning opportunity.
Goodguy
...(end run on sentence) except you weren't claiming a smart person could churn their way to a small profit after fees and taxes. You suggested there are guys regularly getting an annualized 120% return. You suggested there are guys who crush the market by an incomprehensible amount, regularly. Everyone knows it's easy to make a profit and still trail the market due to trading frequency.it isnt easy, ive been studying the market for years and I still make mistakes here and there. the average person is completely clueless on basic financial education so how do you expect them to trade stocks and be successful? it needs to become your life. for instance I bought first majestic silver monday for a trade, was up $1000 yesterday and didnt sell bc of a presumed bullish FOMC statement and they released their earnings today so I was expecting to at least cash in 2k this week. anyway, turns out even though the US fed says they are gonna print more money PM stocks sold off, and first majestics earnings came in 10% weaker than expected due to capital expenditure on an acquisition and lower silver prices which is short term negative, so the stock sold off today 8%.....now im 3k in the hole but this will be only temporary probably a week or 2 the latest. if I had put a stop loss I would have sold my shares before I incurred a paper loss, I didnt use it bc sometimes that backfires when the shares end up rallying.
msog87 is clueless..LOL. We asked you to name one trader who regularly gets 120% annually! asking me to join a forum tells me you don't know one and you're a LIAR!except you weren't claiming a smart person could churn their way to a small profit after fees and taxes. You suggested there are guys regularly getting an annualized 120% return. You suggested there are guys who crush the market by an incomprehensible amount, regularly.
if you wanna find traders how about joining a trading forum.
rsi is my favouriteWhich technicals do you find most useful when making your investment decisions?
Thanks -- J1
Of course you do, he's an advocate of the the Austrian economic school, but we all ready know how good they are, not. How long has he had the moniker of Dr Doom? As the old celtic saying goes, even a broken clock is correct twice a day.
As the old celtic saying goes, even a broken clock is correct twice a day.
and : Empty vessels make the most noise.
lol yeah he must be clueless since we are in the worst recession since the great depression, last i checked there has been no recovery for almost 5 years! like faber would say, I love your optimism. btw, he he been calling for a 20% decline since the dow and s&p were at their highs, they have since fallen almost 10%, faber is one of the best out there.Of course you do, he's an advocate of the the Austrian economic school, but we all ready know how good they are, not. How long has he had the moniker of Dr Doom? As the old celtic saying goes, even a broken clock is correct twice a day.
I trade trendlines mostly. www.screenulator.com provides a really good trendline picks for most of US stocks.
there is no growth now, so how can it make sense that picking stocks is easy since 2008? It doesn't matter what strategy you use. The best thing I have done for myself was subscribe to Hulbert's Financial Digest where they monitor the top 100 investment newsletters available and give performance feedback. Though it is hindsight, I've been able to keep above 7% each and every year over year since 2007. Prior to 2008, 12% returns were average... This being an election year, I am up- 17% from January, so it is a good one. my strategy is buy and timely sell (hold stocks 3 months to 3 years based on reaching a target price I stay disciplined to).
My method is not the best, but I am a financial analyst that is more concerned with private small business growth... I don't want to get too involved in stock analysis. If experts like Jim Cramer are only making 3% (2011), it is definitely not worth my time.
My method is not the best, but I am a financial analyst that is more concerned with private small business growth... I don't want to get too involved in stock analysis. If experts like Jim Cramer are only making 3% (2011), it is definitely not worth my time.
