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    The Best Investment Strategy There Is?

    Yeah that's the idea, I just never seen anyone really laid this out in detail anywhere as a strategy. Do you know of anywhere that has? Also the idea is to just invest 10% or so when you think the time is right in an individual sector...with that small of an investment you don't really need to...
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    The Best Investment Strategy There Is?

    I think I have come up with the simplest, safest, and most rewarding investment strategy....Do you see any flaw in this? Wall Street teaches us that if we "invest" all of our money in mutual funds we'll get rich. Or if we just buy and hold we'll get rewarded. Here is my investment idea...
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    Florida Money World Conference

    I'm writing this from an airplane. I'm flying back home from the Money Show in Ft. Lauderdale. Security is tight in the airports. I flew in November and there were a 1/3 of the security workers in the airport then there is now. Apparently they are stepping things up in front of any possible...
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    The folly of stock picks

    my thoughts on running a financial website and getting people constantly begging for stock picks: "The mid-1970s were not a productive time for the markets, which stagnated between 1964 and 1982; the Dow closed at 874 in 1964 and at 875 in 1981, racking up a magnificent gain of one point in...
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    How to SwingTrade - An Educational Thread

    andrassm -I use tc2000 to scan through my stocks. Its fairly simple and only costs 30 a month so anyone can afford it. HAs a nice option that will rank every stock sector. Than go through the sectors and find the dynamite stocks. Takes me a few hours a day. I also have some canned...
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    How to SwingTrade - An Educational Thread

    An introductory article on swing trading. Give you an idea of some of the benefits and drawbacks: I can briefly describe swingtrading as taking advantage of brief price swings in stocks lasting anywhere from 1 day to a month and using technical analysis to pinpoint entry and exit points...
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    How to SwingTrade - An Educational Thread

    In the past 3 years I have racked up an 800% gain in my account by swingtrading. I define swingtrading as holding a position from 2 days to several months in order to take advantage of the upside or downside momentum in a stock. Stocks are chosen using technical analysis and basic chart...
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    You won't get rich daytrading - my story

    Praetorian said: "I admit that daytrading is probably the most difficult profession around. But if you want to put in the time and effort, it is most likely the most financially rewarding one around. I have no real motives, but you are flatly wrong for thinking that most traders have stopped...
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    You won't get rich daytrading - my story

    Someone gave these as reasons to "flame the thread": "Tradermike sells a newsletter which he referred to as "free" (which it is not) in his first post. When questioned, he edited his post and claimed that he had not even mentioned it. " False. Nowhere did I claim that I didn't mention...
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    You won't get rich daytrading - my story

    "I guess I have too much free time on my hands. I guess the "Old-Fart" (me) has no life " If you are like me than you spend time during the day typing on message boards just to pass the time sometimes.
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    You won't get rich daytrading - my story

    "Just so happens I was too busy to read tradermike's original long post and did a screen-shot with the intention of reading later. As sniper_trader and qwik have pointed out, he was in fact hyping his website and claiming that it was free. And not only did he never admit to the re-editing, but...
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    You won't get rich daytrading - my story

    Vinigar: "Why do most fail and lose a lot of money. Sure you can generate a laundry list: Use stops, money management, risk/reward and on and on and on! Sure you can debate between long term, short term, swing trade, daytrade. But, what is the real answer? " This is my attempt to answer...
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    You won't get rich daytrading - my story

    VVV said: "one thing i have to agree with however is that when daytrading, and never mind the risk of ruin etc for the momement, you cannot achieve geometric growth of your capital due to liquidity etc considerations... marty schwartz from "pit bull" fame may achieve something like a...
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    You won't get rich daytrading - my story

    Hitman: "Here is my experience with swing trading, I don't think it is any easier than day trading because I did it back in 2000 and honestly I couldn't get anywhere with it. Am I going to say you can't make money in swing trading? Of course not. I tried it, it wasn't for me, I got chopped up...
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    You won't get rich daytrading - my story

    Huby said: "It seems to me that you are trying to accomplish one of two things. 1) Hype your website. or 2) Create a controversial thread just for fun. If number two was your goal, then you certainly accomlished it. Congratulations. I hope you got your jollies off of it. " Controvesy, but...
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    You won't get rich daytrading - my story

    Using marign is not always risky or dangerous. As long as you balance out your account and have short positions in it. Than you are better of using margin than not. Problem is most people's idea of margin is "hey I think JDSU, ORCL, JNPR, EBAY are cheap now and Maria Bartiromo says the market...
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    You won't get rich daytrading - my story

    "I disagree about the time frame comment. The shorter your timeframe is, the better your odds of success are.. ..There are too many opportunities for news to affect the market. I definately think that the shorter your timeframe, the better your odds are." This is completely false and to hold...
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    You won't get rich daytrading - my story

    sniper says: "Mike says, "I don't think I've had a day where I made more than 10% so far this year, but I'm up almost 150% so far. (the miracle of compounding) " In the book "The Stock Trader" by Tony Oz he makes 56% return in one month trading short-term something like 100 trades or...
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    You won't get rich daytrading - my story

    Yes - it does look like we are talking about different groups. I'm talking about the average daytrader - and statistics show that the average daytrader blows up - while you are talking about the 2-5% the manage to make money. One day a movie will be made about the Internut trader who made...
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    You won't get rich daytrading - my story

    Thread is about my post and my story. Not about the website. I haven't mentioned it. Others have as a way to try to quickly dismiss my points. What did you think of my story and experiences daytrading?
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