Hey oliver.. you dont anticipate pre-announcements.
You record them, and ride the stock before its actual earnings date knowing it will be better. Your welcome.
my edge is trading catalysts.
What might make a stock advance in the near future??
Hmmm... maybe pre-announcements or stock splits?
Those two are free...
paper trading can only do so much, it is when real money is on the line where the markets bring out every emotional defect you have. Like lilduckling said on his new thread, risk small capital so you can stay in the game long enough to learn.
you don't need to be series 7 if you want to trade from home.
The best way to start is to paper trade. Learn yourself and read online articles about TA. Ofcourse paper trading is not the same as trading with real money b/c you will see how your emotions play into your decisions. So start...
Also illliquid, track the certain index of the stock you are currently in. For example, if your Trading KLAC, watch the SMH. Especially S&R levels. When the indices get tired, you stocks will come soon after.
I actually went to highschool with his son. He use to take us out to the city when his son and I were in third grade. Only if I knew then that I was hanging out with a millionaire. ;)
Well I must say, if that guy really is legit and making money, he doesnt have much care for money. I know I would be pissed working hard to earn money in the markets just to piss 15K straight gambling, as oppsed to educated gambling...