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Money Matters
Financial, Stock, Investment etc. posts here.

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Old 04-12-2012, 06:29 AM   #1
ThreeFinger
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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?
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Old 04-12-2012, 07:01 AM   #2
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Week trading? Instead of day trading? Yeah, that'll work...


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Old 04-12-2012, 07:10 AM   #3
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Week trading? Instead of day trading? Yeah, that'll work...


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
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Old 04-12-2012, 08:18 AM   #4
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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.
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Old 04-12-2012, 08:21 AM   #5
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Week trading? Instead of day trading? Yeah, that'll work...


I dont know whats so funny. As long as you keep track of what is going on you will be fine. Sortof
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Old 04-12-2012, 08:22 AM   #6
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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.
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Old 04-12-2012, 10:36 AM   #7
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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.

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Old 04-12-2012, 10:38 AM   #8
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Old 04-12-2012, 10:41 AM   #9
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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...
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Old 04-12-2012, 10:42 AM   #10
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Roulette is a safer bet than penny stocks
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Old 04-12-2012, 10:45 AM   #11
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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.
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Old 04-12-2012, 10:46 AM   #12
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Old 04-12-2012, 10:48 AM   #13
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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)

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Old 04-12-2012, 10:50 AM   #14
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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.
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Old 04-12-2012, 11:07 AM   #15
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Old 04-12-2012, 11:15 AM   #16
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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
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Old 04-12-2012, 11:21 AM   #17
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Whatever you do... Don't look in the Money Matters Sub forum.
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Old 04-12-2012, 11:32 AM   #18
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We have a money matters subforum wow
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Old 04-12-2012, 12:29 PM   #19
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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)
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Old 04-12-2012, 12:35 PM   #20
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We have a money matters subforum wow

That Video is hilarious
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