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    My Plan

    wow, ok. I knew this thread would eventually get negative, a little suprised that it took five pages though. I'll try to clean it up hear and clarify some things. 1. You guys must have stopped reading halfway through some of my posts. For some reason some of you think that I am going to go...
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    My Plan

    Thanks for all the replies guys. I do appreciate it. If anyone has any more advice to give, then please speak up. Even if it is harsh, I can take it. I am definitaly going to seek a financial advisor. I am also going to trade with the 55k. Its less than 8 percent of my total capital, so its...
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    My Plan

    Thanks for the advice so far everybody I would not buy Ge until it tests new lows or at least gets into the 7's. I do not think its screwed, its so large and diversified. I can see it going lower but I eventually think it will fully rebound. NAT current divi is 87 cents. Of the last 20...
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    If you could master one strategy, which would you choose?

    I'd have the genie make me a master at penny stocks. Theres not many systems that could give you the same kinda profits that you get when a ten cent stock goes to ten dollars.
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    POLL: Do you clearly and specifically predefine your profit target?

    Look for an exit point, but instead of exiting put a tight trailing stop behind that point. Locks in almost all of your profits while providing additional upside potential.
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    My Plan

    renting the houses out is not a bad idea, but I still dont think that the housing market will ever get back to what I feel was an artificial high just a short time ago. I think that if the housing market improves= economy improves= large cap, divi paying stocks improve. I think that both the...
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    My Plan

    The only problem with that is I will not have any income to live on. I do not think I can make a living by trading w/ 50k, not yet anyways. I am SOOOOO green (inexperienced) right now and I am going to basically shoot for break even for the first year of my swing trading. If I keep the real...
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    My Plan

    I am a very young man, 18, still in high school. I have been middle class all my life, worked summer jobs for gas money, all the normal teenager stuff financial wise. I have been following the markets and self educating myself for about two years, but I never had any capital to trade with, and...
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    What if the Pre fails? (PALM)

    I guess thats why they are hitting 52 week highs in the middle of a recession. Their products are not garbage, your posts are.
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    If you had a choice to pick a box that would make you money trading, would you pick a

    :confused: You guys would choose a dick in a box? Thats cool. :D
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    Finally, I decided it: I'll get a loan on my home (mortgage) to invest!

    :eek: I got a mortgage on my house to invest in the market. Say that out loud five times and tell me it doesnt sound at least a little stupid.
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    RT (Ruby Tuesday)

    Up to close at 6.63. It was under a dollar just a little over a month ago in early March. The fact that it rose that fast and that sharply just mainly on the news that they beat earnings makes me think this will not be sustained. I shorted at 6.57. I usually dont trade against the market...
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    WARNING: ROUGH DIAMOND PATTERN ON THE QQQQs CRASH IMMINENT

    If he calls QQQQ to go down every single day for a couple of weeks or so, eventually he'll be right a day or two. Its a perfect strategy!!!
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    WARNING: ROUGH DIAMOND PATTERN ON THE QQQQs CRASH IMMINENT

    QQQQ up 45 cents today, wow what a crash!
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    Gm

    Wagoner just resigned, so will this do anything to the stock price? My guess is no, shareholders will probably say good ridance. I'm still a beginner though so I'm not too sure. what are your thoughts?
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