hesitation costs $
- Thread starter stang
- Start date
stang said:I was going to pick up a stock yesterday and quickly unload it today. I waited and didn't act. Sure enough I missed out on an easy $800. Would have been fun hobbying money for the weekend
Figures.
I feel for you. That is the difference that separates the very good traders from the rest.
The way the markets been dropping, I'm sure theres many more who lost $800 if not more. But the shorts are living it up.
mmouse said:
Aint that the truth....just 2 days ago I noticed AIG stock go from the mid $14 range at around 2:30 pm to close @ 4 pm at $17.50. Wow, I said to myself, should have been logged on to Street Smart Pro and picked up 200 shares for a cheap $3,000....well yeah but if you forgot to sell before 3:59 you better had moved fast the next morining...stock open up at like $15.50 and nose dived fast back to around $14...it closed at $12.
So I could have made around $400 in about 1 hour or I could be looking at about a $500 loss right now if I hung on and hope it bounce back...all off a little $3,000 invest.
And thats a Dow Jones 30 stock...this market is moving very fast...too fast for me.
im newbie in this game and eager to learn the game.
do you guys prefer to trade using online broker (eg. TD Waterhouse DB, Etrade, and etc)? I'm trying to figure out which one is the best site to do trade. Of course, Im looking the one with lowest trade fee. Please give me some advice.
Thanks.
do you guys prefer to trade using online broker (eg. TD Waterhouse DB, Etrade, and etc)? I'm trying to figure out which one is the best site to do trade. Of course, Im looking the one with lowest trade fee. Please give me some advice.
Thanks.
stang said:I was going to pick up a stock yesterday and quickly unload it today. I waited and didn't act. Sure enough I missed out on an easy $800. Would have been fun hobbying money for the weekend
Figures.
which stock was it?
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