Recent content by stockjedi

So is that your method of trading, flipping a coin?

Has anyone set this up in Sierra Charts? I need a little help if possible. Thanks in advance!

This is just too entertaining of a thread not to post. first off, I'm a newbie, not an expert trader, not a TA genius or anything like that. One thing that I hate the most on all these sites is the naysayers. It's always "No it can't be done", "Everyone only loses money on the markets", etc...

I Trade 4 Money: I just read your thread, it looks like you came across a bit cocky. Making $200k by end of 2008 is difficult but possible. You would have to play a lot of OTC stocks in order to get there which is very risky! High risks could equal high rewards. But I have to tell you...

I agree with you that 150% return is not easy to make and especially is not sustainable. Of course I have made 120% return in the past 2 weeks (and taken the profit by the way so it's not on paper) and that was with the $3k "play money". I'm not saying that I could have done the same with $50...

rateesquad: Thanks for the feedback and point well taken. You are absolutely right, I would be happy with 3 solid days of gains and 1-2 days of loss/break even. I definitely understand that you're not going to make money everyday. By the way the 500-600 a day would be really on my higher...

Knyyt: Thanks very much for the link. Regards, Stockjedi

Can you give me an idea of how much I would need?

dwitherell: Please go ahead and beat me up, I need it badly! ;) I understand your point about the 100M income lifestyle. I'm looking at investing $50-100k in the market either day trading or swing trading and making $3k per week in 2-3 years. I'm just trying to figure out what would best...

To make a long story short, bought some stock that turned my original $1k investment into $6k, then used the $6k to buy another stock which turned into $40k, then I took the whole $40k and put it into 2 different stocks which took me up to almost $200k. Since I was a stupid newbie I thought...

Thanks I'm shooting fairly low to start, again I don't want to be greedy. If I have a great day and make $500 that's fine, but my goal is the $200-300 per day. I will not quit my day job until I can prove to myself that I can sustain $500-600 a day for 12 months straight.

Hi all, Brand new to the board here, just joined today and started reading. I think I need a couple months to read the wealth of information on this site, but I'll get there. Until then let me cut to the chase: Started trading stock in the late 90s just because I was so fascinated by...