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Stocks: Are you a trader? email this discussion to a friend?

myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money3 months ago

How do you invest in the stock market? Do you trade (buy/sell) online? Do you do day trading? or do you do the kinds of stocks that you hold for the price to go up and get dividends from it?

If you do work the stock market, where do you get your tips? Have you ever had trades that made you a good bit of money?

If you are in the stock market, will you share your experiences, your successes and your failures?

 
 
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tags:  stock market, stocks, trading, invest, investing
 
1. myLot reputation of 72/100. defcon505 (441)   ranked 6,195 out of 27,762 in make extra money   3 months ago

I invest for the long term. I don't trade online but I do have a broker that take cares all the things like cost and management. MSNBC is the best source of good news about stocks and other securities. I personally recommend Jim Crame's show.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

Yes, I agree that MSNBC is a good source... there are others too.

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2. myLot reputation of 98/100. danitykane (1177)   ranked 7,538 out of 27,762 in make extra money   3 months ago

Hi oreocookie3:)

I'm learning to be one. lol I tried practicing at Marketiva, I have virtual forex... and I'm still learning how to trade online (buy/sell) wisely. It's kinda tough, but they have given me real $5 for live forex once I'm ready to do it. It's hard though, what I do is, I go to some forex forum site like Gain Scope and see what are the predictions in the stock and learn from the gurus. blush


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

Very interesting daintykane... I've never heard of these websites. I wrote them down so I can visit them... I would like to learn more too.

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3. myLot reputation of 97/100. coffeebreak (4850)   ranked 55 out of 27,762 in make extra money   3 months ago

I have in the past and did well, and did this time last year when the stock market went down SOOO low!! It was rather great... I got some great stocks at under $7 a share, and now they have tripled and one even quadrupled! Didn't have a lot of money to invest, but a little and it will sit there till I retire and then I will sell... providing things go as planned. But I watch the prices couple times a week...


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

Yeah, prices get low and people panic when their stocks take a dive, and then other investors can pick them up for almost nothing, and then hold them while the values climb. I just learned you can buy stock by a single share if you want to... I saw that on Oneshare.com... i'm thinking of buying one share of Google Stock.. it's very pricey ... but I could buy it a share at a time. I buy so much coffee at Starbucks.. I should buy stock in it. lol

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4. myLot reputation of 86/100. bluesinjid (587)   ranked 877 out of 27,762 in make extra money   3 months ago

Yes, I am trading stocks, and I made a good return on microsoft on Friday, and earned a decent $200:) I think that stocks are a great investment, mind you, if you know how to buy and sell right, and not invest in bankrupt companies, like Lehman brothers.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

Good job! You did great!

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5. myLot reputation of 98/100. scheng1 (1702)   ranked 831 out of 27,762 in make extra money   3 months ago

Hi Oreo, I invest in shares, using the fundamental analysis method to pick shares.
During college, I took up business course, got to study about Economimcs, Corporate Finance and Managerial Accounting.
After college, spent half a year on CFA course, and learnt more about investings.
Now is the time to apply the knowledge in the stock market. So far, so good. Since I dont have much capital, it's impossible to buy all growing companies. Sometimes feel heartache when the share prices go up, knowing that I would buy if I have enough money.


myLot reputation of 88/100. lindiebiz (786)   ranked 2,693 out of 27,762 in make extra money  3 months ago

I am interested in learning how to invest in share too can u give some insight


myLot reputation of 98/100. scheng1 (1702)   ranked 831 out of 27,762 in make extra money  3 months ago

It's either you learn the fundamental analysis or technical analysis.
Fundamental analysis means looking at the economic situation, then into industry, then into the company. you have to learn how to read annual reports, and calculate the different ratios. Investors with long term views use fundamental analysis
TEchnical analysis looks at chart, at the 50 days moving average and 200 days moving average, and try to see a trend in the stock movement. Day traders usually use this method.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

Some people use P/E ratios, and they know how to read the charts, and interpret all the reports...and others don't.. I think the successful people actually get some background education in stocks before trying to trade.


myLot reputation of 98/100. scheng1 (1702)   ranked 831 out of 27,762 in make extra money  3 months ago

Hi Oreo, none of those I know uses just PE ratios, fundamental analysis is more than just using PE ratio. Anyway, PE ratio wont tell you what price to buy and what price to sell.
PE ratio is very misleading, subjecting to depreciation method and other ways of covering up.
Fundamental analysis takes years of formal studies. Next to CFA, the best course is Masters in Applied Finance. Technical analysis is easy, just a couple of days training and download the charting program, and the trader can start making money.

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6. myLot reputation of 65/100. BCMike (3316)   ranked 2,893 out of 27,762 in make extra money   3 months ago

I am not a market speculator. I have not got the kahonies for it.... even if I did have the money. But my track record for losing money is near perfect. I have given up on being rich or even independently wealthy.

All I have to do is wager any amount on anything and I'm done.

There isn't a sports team that I have bet on at any time by any amount that has won a match I bet on.

I bet on any team and it's the kiss of death for them. I did think of reverse psychology on them too. But the powers that govern gambling know who is kidding who.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

happyI hear ya! I wouldn't mind buying one share of stock.... and see what happens... like Google.. or something... but I don't know how these day traders make a living.. but many do.

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7. qunfeng (7)   ranked 24,008 out of 27,762 in make extra money   3 months ago

I always buy and sell in a same day, but usually this will result in lost on my
account,so now I will research a company for several hours, but not listen
any advise from others, I just want to invest according to my will,
finally you will find you have win some money,
anyway investment is a art, number, trend is no use to help you to get money.

hope you have a good result on your account.

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8. myLot reputation of 96/100. BarBaraPrz (3493)   ranked 172 out of 27,762 in make extra money   3 months ago

Hi Oreo. You must be writing another article...
I don't have any answers for you: I've never dabbled in "the market" and probably never will.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

lolYou know me so well!w00t

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9. myLot reputation of 97/100. williamjisir (13162)   ranked 73 out of 27,762 in make extra money   3 months ago

Hello OreoCookie. We have bought some stocks. It is my wife who is doing this, but ever since the beginning of the latest recession, the shares of stocks have been left there without our trying to sell or buy any. We just let them be. I wish someday it will become good again.


myLot reputation of 94/100. OreoCookie3 (18812)   ranked 315 out of 27,762 in make extra money  3 months ago

I think they are good to have for retirement... many keep them until retirement and then sell them. Thanks for coming by Williamjisir.

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10. myLot reputation of 97/100. haiershen (929)   ranked 2,625 out of 27,762 in make extra money   3 months ago

never, i don't know tips and the money which is for me to invest is little so that if i made a wrong decided, our life maybe will be break down.i have heard that seveal weeks ago, many of people lost more as the bad market.almost all of the shares from more companys which had been down low fastly.so for me,a person who is no knowledge of stock maket is not suit to become a trader in this bad situation.good luck and have a nice day!

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