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Thanks for the replies! I agree with both of you, it can be a good spec play, but not something you should invest in as a sizable portion of your portfolio. Yeah man, that's crazy it used to trade around $70 a share, now it's around $1.

Hi All, Out of curiosity today I checked to see whatever became of MCP (Molycorp) and noticed that it is up 67% to 89 cents, as of writing this. The biggest piece of news I saw on it was that Siemens and MCP made a 10 year deal to supply the rare earth materials in future Siemens...

Thanks for the reply! :-)

Hi All, I bought HSBC and plan on holding it long-term. I have heard news that there are calls to break the bank up since it is viewed by some to be "too big to manage." I realize they may not even break it up down the road, but if this happened, what would that do to the shares I own in...

Hi Everyone, I think these two stocks are pretty interesting to watch, and it will be good to see what happens in the future with them after the FDA approvals or denials with their weight loss products. Anybody else following them?

Hi All, Thanks for the responses, I will heed what you all said! I agree with the last post, since I don't have a lot of capital and are not diversified enough, it makes it more stressful than it should be. But, I will also work on the other things so I don't panic or over-think positions I...

Hi, Thanks for your advice! Lol, I agree, I don't think the CNBC commentators should be listened to for financial advice. But, that's what I've figured, it's best just to stick with it and learn from my mistakes and just find any way I can to learn more! :-)

Thanks, I agree. If I just don't look at all and the stock goes the wrong way, I won't be any better off. You're right, I think, over time I can learn to control my emotions better.

Hi, Thanks all for the answers! I agree with what people were saying, there is no magic cure for selling at the right price. I think, hey, as long as you're making money, it's all good! :-)

Hi All, I enjoy trading, but as a retail, small time investor all the information I get about the market is on CNBC and the internet. Also, I don't have the same training the pros have, although I would like to learn. Does anyone have any info on what it is like in the day of a retail...

Hi, Like other people, I either panic when a stock is down and am tempted to sell or when I'm up I like to sell too early to ensure I will keep the profits I have. Are there any methods people use to control these emotions? I know one way is to just not login to my trading account, or just...

Hi All, At times I sell my option chain when it's profitable, but I sell too early. Is there a decent method to use to enhance profitability? Before I did stop losses or sold at limits, but at times the option and stock go higher and I lose out. I know there's no way to call the tops and...

Thanks for your help everyone! :-)

Hi, Has anyone ever traded for a prop firm (which you pay the $5k or whatever deposit then begin trading)? I am curious what it is like in one of those firms, such as, is there training that is provided or are there monthly quotas to meet? I suppose I am curious what it is like working...

Thanks all for your help, that makes more sense! :-)

Hi, Let's say I buy an option chain for XYZ Corp. with a strike price of $3.00 and it is currently trading on the market for $2.95 with a premium of $0.25, so I'd need for the price to be over $3.20 to make money. If let's say the option chain expires in a couple of days and the price is at...

Hi All, I have been following the stock market for a couple years now (I am 26 y/o) and I haven't done too well in the past when , but I have learned a lot through my tribulations. In a nutshell, I'm tired of attempting to half-assedly trade and I want to learn how to truly be a good trader...

Hi All, I am teaching English in Vietnam right now on a visa (I'm from the USA) and I didn't know if anybody has heard anything about retail day trading within Vietnam and if foreigners such as myself are allowed to trade like retail day traders do in the USA. Has anybody heard anything...