You'll be ok as long as you don't try to fool yourself into believing short term trading is investing, it's just a glorified form of gambling.

quote:

Originally posted by Jon_Snow You'll be ok as long as you don't try to fool yourself into believing short term trading is investing, it's just a glorified form of gambling.

I disagree.

Its still investing so long as you take your fundamentals into account.

So long as you've done some sort of research to support your position / play and mitigate your risk.


the market is based on supply vs demand, bid vs ask; psychology vs statistics

i've held positions based on fundamentals for years and some for seconds.

Neither instance did i ever consider them gambling as thorough research to support fundamentals at the time was done.


risk vs reward is another story. A short play with a high beta shouldn't be considered gambling.

quote:

Originally posted by Nrg2Nfinit I disagree.

Of course you would.

quote:

Originally posted by Euforix All stocks are waste of time if you don't have an inside tip.

I hope you know more about music

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quote:

Originally posted by Euforix All stocks are waste of time if you don't have an inside tip. Although in long term it can be a good way to save money (and make a little profit).

Disagree completely

I disagree as well.

If I cared much about stocks a few years ago. I would have very well rode the apple wave or netflix wave. Big companies are the easy way to play stocks just as long as you have a little insight on what people are liking these days.

True money I believe is made in stocks by following whatever the baby boomers are doing and invest directly with those companies this demographic deals with as they age.


If I had enough money I would buy a funeral parlor or Cemetery. as these baby boomers start dying off I'd be a freakin billionaire

quote:

Originally posted by Vivid Boy I disagree as well. If I cared much about stocks a few years ago. I would have very well rode the apple wave or netflix wave. Big companies are the easy way to play stocks just as long as you have a little insight on what people are liking these days. True money I believe is made in stocks by following whatever the baby boomers are doing and invest directly with those companies this demographic deals with as they age. If I had enough money I would buy a funeral parlor or Cemetery. as these baby boomers start dying off I'd be a freakin billionaire

Depending on when you bought Netlfix you could have been screwed. A little over a year ago it was at its high of 300 and as of last Oct it dropped to $50, only with in the last few month has it recovered only 1/2 of its high. It's easly to look in hindsight at the chart and said I could have made x. Classic example sighted is Microsoft. It's funny you even mention Apple as a solid stock, only a few years ago they were looking go out of business until they struck gold with itune/iphone. There are no sure things.

definitely but you dont always have to buy right at the bottom. It was pretty apparent apple was going to do well a year and a half into the development of the ipod and itunes. they then opened all those apple stores everywhere, that were packed and even then the stock was still climbing and hadnt peaked.

Well give it try.

screw apple..

its going to go back down to the 200s

I knew at the 700s it wasnt sustainable, in price and growth.



With the US economy in a sort of stalemate position on teh premptive of downturn. I would hold my money until a nice opportunity arises.

I currently only hold gold cos right now as i see them as undervalued relative to the price of gold.
that and natural gas shorts.

Eric if you play penny, keep your eye out on CEE

its up 5% since last i mentioned it (yesterday)

quote:

Originally posted by Jon_Snow I'd "short" MELY

you can't i think regulation stats that the stock has to be above 2 bucks to short

plus i doubt anybody in your brokeridge is holding that stock

they need to have holders in order for you to borrow sell, and buy back