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post #1 of 8 (permalink) Old 07-27-2014, 05:47 PM Thread Starter
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Trading

Does anyone here financially trade?

Stocks? Commodities? Futures? Etc.
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post #2 of 8 (permalink) Old 07-27-2014, 07:26 PM
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Originally Posted by TheGreanTeamInc View Post
Does anyone here financially trade?



Stocks? Commodities? Futures? Etc.

I trade time for money. I know. I losing proposition. Kill me.
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post #3 of 8 (permalink) Old 07-27-2014, 09:39 PM
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My prediction is this thread will get moved.

I use Options-express,And Ameri-trade, i dont play with Futures or Commodities, out my league, to risky. I do play with fortex, but only when i get alerts from my buddys at Investorshub forums.

My 2 big winners last week was,BOA and GOPRO im waiting for Alibaba’s IPO to hit so i can jump on that one for-sure, its the next Google.

On a good week i a can make 700 or lose it just depends on the timing and how much time i have to play with it, Biggest problem i have is Capital Gains i pay at the end of the yr, screws my accountant up big time so after the first of the yr im starting a new company for just trades. i have a software program i pay for monthly that does all the trades for me threw my accounts, Ameritrade has the tendency to slow down on stock runs and rundowns trades, so i will probably remove it from lineup. Its a hobby of mine while im stuck in my office all day. But InvestorsHuB has made me some money tho, my favorite is Stock-Googies, or known by its other name penny-stocks. Ive been trade on the side for about 2 yrs now and im getting much better at it, and i run and manage my IRA threw my Biz and my Roth on my own with 12% dains over the last 6yrs.

Disclaimer:: my comments are my alone and are not to be interpreted as advise on investing. Beware!!
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post #4 of 8 (permalink) Old 07-28-2014, 10:43 AM
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@ Zuse, pretty good prediction.



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post #5 of 8 (permalink) Old 07-28-2014, 11:06 AM
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I did up until about 6 years ago. Made some good money, lost a little, made some more and then started losing it again. One thing remained constant-my fees.
Yes, capitol gains were a killer. I cashed everything out and decided I could make better returns on my money investing outside the markets. Land, rentals, flips, personal property, vehicles, equipment, etc. I make a much better return, easier to expense out profits to keep your gain, and the risks just are no where near what they were before.
Of course my neighbor's son down the road tells me I could make just as much without any overhead or labor by doing what he does all day-playing online poker.
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post #6 of 8 (permalink) Old 07-28-2014, 01:28 PM Thread Starter
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LMFAO playing online poker. Most of those websites have hackers who rig game or see your hand.

And my apologies for placing this thread in the wrong place. I honestly didn't even know there was an "Off Topic" place to post.

Zuse, have you ever traded Options? If not, pick up a book on Options Trading. A buddy of mine used to trade (over 10 years) in the pits in Chicago before it all went digital. He's taught me quite a bit over the last few years on it. He's great friends with Paul Tudor Jones. Anyways I've watched him trade many times over and this guy legs into trades and 25% of the time when he is fully in his position he's already profited. It's insane the amount of money he makes. Puts this entire P&P industry to shame quite frankly.

GTX63, 99% of traders actually lose money and it's because they have no clue how to take a loss. Optimism gets into their head and they start "hoping" that it will all turn around for them. Real Estate is definitely a more sure thing, but it is also something you have to know about. I started selling real estate at the age of 12 actually under my Mom's name. She purchased some program from John Beck or something. Anyways I used to go on Bid4Assets.com and buy a bunch of land and then flip it on eBay Real Estate. Made real good $$$ until the scammers got into it. We bought a property from eBay and I didn't do my due diligence... turns out the a-hole sold the same property to 9 other people. How the county doesn't realize multiple owners on one property beats me but I stopped doing that soon after.

I think Alibaba will make people a lot of money, but the thing with buzz is you need to read in between the lines. That is all I will say about that one. As far as trading goes, any stock that has high volume is a stock that can make you lots of money --- whether it goes up or down. Google, Apple, Amazon are all great examples of stocks that have a lot of traders trading it. I love trading it is definitely one of the easiest ways to make money when you know what you are doing in the markets.
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post #7 of 8 (permalink) Old 07-29-2014, 12:22 AM
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Last time i played poker was on a cruse ship and had my aras handed to me, left the dealer at the table 2k. On to PUTs and Options, i don't play, its a 24hr job, mix that with the emotional roller coaster ride, not to mention the 5k fiber optic connection you need to stay on the top of the game, Not saying their are those that go well with a regular connection speeds, but you really have to live 24hrs in the market and its intentions short term. As to Alibaba their biz model is way ahead of its time, the demand for the IPO from investors in the western markets is so in intense that the SEC.gov has been force to grant the IPO. Their model bringing manufacturers together in open market place has raised the GDP in all but a few Asian Country's which is mostly do to the fact that technology hasn't made it possible. But that too is changing..If Alibaba IPO comes in at 1billion or over, its game on, and its a long term buy over the next 10yrs are so, much like Google which took years to get to where its at today.


But i digress, isn't this the same model you the GreanTeam are pushing is an open platform of connections!! I do guess thats why you have come here to expand your plat-form knowing the P&P is a 3.4 billion dollar industry, of course that includes all aspects of the default industry. Except the realty sales on the open market.i give you LPS stock its a perfect example, the investors love it.. much like myself i must say. BlackNight is already stream lining the operations and the stock is a reflection of it.

But your numbers of the winners and losers at 99 percent or just misleading at best. SEC has reported the last the trades ran 37% lose and the rest gains, most stocks have rebound since the 2011 thats why the market is busting 17k today all time highs. Its the obvious plays that hit big.

Look at NBL in conduction with DLKGF developing the Natural gas deposits off the Israel coast just discovered last yr. Big GAINS, or BOA was at less than $5.00 in January 2011. if you bought 1500 shares and waited until today to sale at todays price which is $15.50 you would have made out like a bandit or better yet you could do like me and sale 1/2 of your stock and let the rest float for more Gaines. BOA was a no brainier the FEDS bailed them out to the tune of 54 billion that was just for starters. it had no where to go but up, with the backing of the to big to fail mentality. Jeez that was one of my best plays.Hell and its still going up.

Playing the market now is even harder the the P&P, and there is money to be made going P&P, but of course you have to play with the big boys direct and run a tight ship. If there is one thing you can count on its CHANGE. Our industry is changing and we change with it are fall to the wayside, Im a service company i serve at their leisure and charge for it.

I could probley sit around and trade all day but that's not what chose to do, the smart monies uses this industry to leverage on to a better and easier job down the road. DO you realize some people get shot out of cannons not because they have to but because they want to.

Zuse
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post #8 of 8 (permalink) Old 07-30-2014, 12:14 AM Thread Starter
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If you're going to play poker you may as well do it in person because online is a joke. As far as Alibaba goes, I think it's a good stock because of their assets. If we are talking solely their website, it's nearly no where on the books. 80% of its revenue is driven from other websites that are owned by Alibaba group. Bringing the global markets to the public arena is what Alibaba started, give them credit where credit is due. Invest in it or not, it's still a good concept.

Your SEC statistics speak about stocks going up and gains being made. I simply brought up that most TRADERS lose money, which is a fact that very few want to bring up because then it would make poor ole' worker bee Joe change his mind in investing in the markets. Some of the biggest gains made by traders in world history came from the markets going down... rather than up. And like I said in an earlier post, go read a book on Options Trading. You'll probably never buy stocks again in your life.

Buddy of mine bought BofA options with an expiration in 2015 about 8 months ago. His contracts have returned him more than if he would have bought the stock outright --- and did I mention it cost him nothing to enter into position. I'm not an expert in trading, but what I do know is that there is a lot of mula to be made when you know what you are doing.
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