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-   Money Matters (http://forum.e46fanatics.com/forumdisplay.php?f=79)
-   -   Stock people (http://forum.e46fanatics.com/showthread.php?t=915246)

ThreeFinger 04-12-2012 06:29 AM

Stock people
 
Anyone here dabble in the stock market? I'm not talking day trading, maybe just weekly/monthly trading? look into a company and buy a thousand or so let it go up (or hopefully not down) for a week or two and sell?

BoogetyBoogety 04-12-2012 07:01 AM

Week trading? Instead of day trading? Yeah, that'll work... :tsk:


:lmao:

Wraisil 04-12-2012 07:10 AM

Quote:

Originally Posted by BoogetyBoogety (Post 14284730)
Week trading? Instead of day trading? Yeah, that'll work... :tsk:


:lmao:

Actually, it's called swing trading, and yes it does work for many of us.

OP, try http://forum.e46fanatics.com/forumdisplay.php?f=79 where we talk about such things. This thread may present some information for you http://forum.e46fanatics.com/showthread.php?t=755483

ThreeFinger 04-12-2012 08:18 AM

Quote:

Originally Posted by Wraisil (Post 14284738)
Actually, it's called swing trading, and yes it does work for many of us.

OP, try http://forum.e46fanatics.com/forumdisplay.php?f=79 where we talk about such things. This thread may present some information for you http://forum.e46fanatics.com/showthread.php?t=755483

Thanks!!!

Yeah I've done pretty good on a week/month basis, (no where near what a daytrader does- but I also work full time and check out the market on lunch etc.)

I'm also into buying things that could be long term gainers an keep them, pretty much a different mindset than the daytraders.

someguy_99 04-12-2012 08:21 AM

Quote:

Originally Posted by BoogetyBoogety (Post 14284730)
Week trading? Instead of day trading? Yeah, that'll work... :tsk:


:lmao:

I dont know whats so funny. As long as you keep track of what is going on you will be fine. Sortof

v8 5 04-12-2012 08:22 AM

Hope you have a nicely sized fund if you want to trade weekly... otherwise time spent and, if any, gains made are not really worth it.

Some might disagree with me but I'm talking over $20,000 at least... I've never been one for the penny market.

ThreeFinger 04-12-2012 10:36 AM

Plus I'm not talking about making thousands of dollars a day/week/month (it would be nice but...) I'm just talking about spending a $100 on some penny stuff that has potential or a little more for $2-5 ones. After they go up sell make a few bucks. It won't be a primary source of income whatsoever.

Wes 04-12-2012 10:38 AM

PM detz

Wraisil 04-12-2012 10:41 AM

Quote:

Originally Posted by ThreeFinger (Post 14285378)
Plus I'm not talking about making thousands of dollars a day/week/month (it would be nice but...) I'm just talking about spending a $100 on some penny stuff that has potential or a little more for $2-5 ones. After they go up sell make a few bucks.

Don't touch penny stocks with any money you wouldn't put on the roulette table...

v8 5 04-12-2012 10:42 AM

Roulette is a safer bet than penny stocks

217Bimmer 04-12-2012 10:45 AM

you will lose your shorts in no time. buy dividend paying stocks and reinvest. if you want to play games with stocks, there are online games to occupy yourself with.

XKxRome0ox 04-12-2012 10:46 AM

Always bet on black

Posted from Skyrocket using BimmerApp

ThreeFinger 04-12-2012 10:48 AM

Quote:

Originally Posted by Wraisil (Post 14285398)
Don't touch penny stocks with any money you wouldn't put on the roulette table...

This sounds sound.

I have liked the penny stuff since I first started (had one skyrocket) prolly just lucky on it, have been pretty consistent though.

(plus there isn't a table readily available) ;)

ThreeFinger 04-12-2012 10:50 AM

Quote:

Originally Posted by 217Bimmer (Post 14285417)
you will lose your shorts in no time. buy dividend paying stocks and reinvest. if you want to play games with stocks, there are online games to occupy yourself with.

Yes on gains that are decent I buy shares in solid cos.

DangerousMind 04-12-2012 11:07 AM

SIRI is all I'm saying.

someguy_99 04-12-2012 11:15 AM

Quote:

Originally Posted by ThreeFinger (Post 14285378)
Plus I'm not talking about making thousands of dollars a day/week/month (it would be nice but...) I'm just talking about spending a $100 on some penny stuff that has potential or a little more for $2-5 ones. After they go up sell make a few bucks. It won't be a primary source of income whatsoever.

You know there are fees its not hey they are selling at $10 you can get them for ten and when you sell aswell if they go up by a 1% and you sell you will still lose and a small uptick isnt worth the time

BmwMan325 04-12-2012 11:21 AM

Whatever you do... Don't look in the Money Matters Sub forum.

someguy_99 04-12-2012 11:32 AM

We have a money matters subforum wow

Old Rum 04-12-2012 12:29 PM

Penny stocks made me a killing this week. NGSX ALXA FFN APP (but yeah don't touch them unless you are in and out very quickly)

Old Rum 04-12-2012 12:35 PM

Quote:

Originally Posted by someguy_99 (Post 14285591)
We have a money matters subforum wow


That Video is hilarious:rofl:


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