Who plays the Stock Market?
- Thread starter Cruci
- Start date
I
IRON37
Guest
where the hells G4 when you need him?
A
ALLO
Guest
I did for a while. I also used a scottrade account. I didn't realize how bad they were until I saw that they were having a hard time filling orders when i wanted them filled. Also, scottrade is notorious for creating a mess with the IRS. I was lucky enough to catch it early or it could have been alot worse than it was. In overall stock trading, I was told by a seasoned trader not to even think about it unless you have enough capital to go with Lever2. I think the requirement with scottrade on level 2 is 25,000.00. Short google, you might get lucky.:lue:
BTW, it is more expensive to trade OTC stocks than they advertise.
BTW, it is more expensive to trade OTC stocks than they advertise.
Cruci
Vet
- Joined
- Nov 14, 2006
- Messages
- 1,569
Yeah, they told me about that when I first called them. I am more interested in bigger companies though. Buying low and attempting to sell them high. And having fun and learning something new as well.
J
-JP-
Guest
I play but G4 is way better then myself right now... i'll tell him to get his ass on here
C
Ching
Guest
Yep
M
Ms.Wetback
Guest
Well said ................... we do a lot of investing, but it is all long term. Some of it is VERY speculative, but the payouts have been huge.
G
Guest
Guest
Couldnt be further from the truth
... it just takes a level of discipline and commitment that many cannot achieve.... but i agree its very tough... its been a long day ill get in a disscusion with you guys later..., but the thing with the stock market is this, or any investment vehicle for that matter..... you have to understand your personality and play to that.... theres two types of ways you can "play the market".... you can do long term investing, where you find companies or whatever that you belive, or based on your "analysis" you feel is undervalued, you buy it and hold and dont worry about the swings or "noise" of the day to day market.... Than you have trading, in a nutshell, im trying to time the market, while people think this is risky, on the contrary its very safe... i dont lose much money, i get in i get out, if im wrong , im wrong i cut my lose and move on.... many people have a VERY tough time admitting they are wrong, thats why they lose money, thats my beef with long term investing.... but like i said, to each their own, there no one right way to do this, the bottom line is if your account is up at the end of the day, week month, year etc
