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Stock trading ? Any professionals out there :P? Anyone have consistent results?

msog87

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Dec 11, 2011
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Ok, "buy and sell". Who is so smart that they can buy at the right time and sell at the right time? Making 2 correct decisions.
its easy, whats hard is calling the exact bottom/top. what you have to do is buy when undervalued and be happy with your purchase even if the stock falls further, and you have to sell when overvalued even if it means your stock goes up another 20% before it comes crashing back down to earth
 

danibbler

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Feb 2, 2002
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its easy, whats hard is calling the exact bottom/top. what you have to do is buy when undervalued and be happy with your purchase even if the stock falls further, and you have to sell when overvalued even if it means your stock goes up another 20% before it comes crashing back down to earth
I have to agree with that. I've done reasonably well with buying a stock and watching it rise (or fall) but have always been terrible at selling. That being said, my portfolio has done (knock on wood) pretty well over the years.
 

msog87

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Dec 11, 2011
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I have to agree with that. I've done reasonably well with buying a stock and watching it rise (or fall) but have always been terrible at selling. That being said, my portfolio has done (knock on wood) pretty well over the years.
you have to take a few things into consideration such as market cycles and profit growth when making your decision. plus looking at how high above the 200 dma your stock has gone, the p/e, market cap vs fair value. pick a target price and stick too it there is always opportunity the important thing is capital preservation greed will hurt you
 

Rockslinger

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Apr 24, 2005
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you have to take a few things into consideration such as market cycles and profit growth when making your decision. plus looking at how high above the 200 dma your stock has gone, the p/e, market cap vs fair value.
You are assuming the market is rational. It is not because the market is really just a bunch of human beings running on emotion.
 

msog87

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Dec 11, 2011
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You are assuming the market is rational. It is not because the market is really just a bunch of human beings running on emotion.
well, it definitely helps to know these things than to blindly trade. im in the precious metals markets that has just gone through an historical downturn for the past year and a half and has begun a new cyclical uptrend, the last cyclical uptrend was from early 2009 to spring 2011 and of course there were short corrective periods during that time, since the equities tend to follow the underlying commodity during bull runs, its generally wise to sell when the underlying commodity has become technically overbought. now that being said gold and silver right now are technically overbought in the short term and could have a healthy pullback, but since we just came off a depressed market and the equities are very undervalued vs the bullion price, equities should remain strong I wouldnt even think about selling until they are well above the highs from 2011. you should always have core holdings that you are planning to hold onto for the next few years, until the bull market is near the end phase bc its hard to predict whats gonna happen with this new uptrend, how long it could last bc the u.s. fed has announced an unlimited qe program, so has the ecb so there is no end date. when deflation is about to rear its head, thats when you need to exit. you need to live and breathe the markets, start listening to those market watchers that have great track records to help guide your decision making process. gold is going to around $2500 before another major correction and silver is going above $50
 

Warrior666

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Oct 10, 2006
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...Options trading is extremely dangerous...it's a zero sum game, for every winner there's a loser.
Options trading is the most rewarding if you know how to do it right; it doesn't make sense trading stocks and expecting to make a living unless you have over 1 million in the market.
 

danibbler

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Options trading is the most rewarding if you know how to do it right; it doesn't make sense trading stocks and expecting to make a living unless you have over 1 million in the market.
Yeah, the operative phrase is if you know how to do it right. As for trading stocks, I'm not in the market to trade stocks back and forth, like I said, I'm a buy and hold/sell kind of guy. My intent now is to find more growth stocks/sectors and emerging markets. My portfolio has just turned massively dividend paying and it's throwing off over 4 figures a year that I can now put towards something else which is why I went with msog's suggestion of Wildcat Silver.

That was a good idea but it was in lieu of another growth stock that is now up over 100% over the same timeframe.
 

Rockslinger

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Apr 24, 2005
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Old Irish proverb: "There are BOLD traders and there are OLD traders but there are no BOLD OLD traders."
Jesse Livermore was a famous successful trader until things went bad and then he committed suicide.
 

Barca

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Sep 8, 2008
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I use a combination of technical and fundamental analysis for my clients. ETFs for small portfolios and individual security positions for larger ones. I have been able to outperform the index consistently for years.

Option trading is less and less used out there. Other than covered call strategies, it's pretty much a shrinking business.
 

Closer68

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Dec 26, 2005
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www.economist.com
What about buying an index fund (the entire market, essentially) when the market has dropped and then selling it when the market bounces back? Basically, unless the entire market is higher than when you bought, refuse to sell. How can you lose money this way?
 

duang

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Apr 17, 2007
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What about buying an index fund (the entire market, essentially) when the market has dropped and then selling it when the market bounces back? Basically, unless the entire market is higher than when you bought, refuse to sell. How can you lose money this way?
Of course! It sounds so simple...

D.
 

pipelayer

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Jan 2, 2011
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I use a combination of technical and fundamental analysis for my clients. ETFs for small portfolios and individual security positions for larger ones. I have been able to outperform the index consistently for years.

Option trading is less and less used out there. Other than covered call strategies, it's pretty much a shrinking business.
Option Trading is on the increase. You are misinformed. Check with mx or cboe. The stats are there.
 

msog87

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Dec 11, 2011
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Options trading is the most rewarding if you know how to do it right; it doesn't make sense trading stocks and expecting to make a living unless you have over 1 million in the market.
lol a million? more like 50k. a good trader can make 10% a month.....with a million that would be 100k a month. do you really need to make 100k per month to be able to survive and trade for a living?
 

Prophet

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Aug 29, 2001
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lol a million? more like 50k. a good trader can make 10% a month.....with a million that would be 100k a month. do you really need to make 100k per month to be able to survive and trade for a living?
Who are these traders making 120% a year in this market?
 

msog87

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Dec 11, 2011
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Who are these traders making 120% a year in this market?
using basic tech analysis its pretty easy. if a stock is in an uptrend, you buy the dips. but there isnt just stocks, you can trade etf's. bear etf's, bull etf's. it doesnt matter the type of market, bad or good you can make alot of money.
 

blackrock13

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Jun 6, 2009
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using basic tech analysis its pretty easy. if a stock is in an uptrend, you buy the dips. but there isnt just stocks, you can trade etf's. bear etf's, bull etf's. it doesnt matter the type of market, bad or good you can make alot of money.
He didn't ask how. He asked who. I guess you missed that part.
 
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