I must be out of my mind!

[john99]

I started out like you. Paying high commissions and looking at the % gainers and losers. I actaully swing traded biotech stocks that got overhyped, and at the time I knew relatively nothing about technical analysis except that volume was a good indicator. I would know everything I could about the company, and I would read all the news about it that I could. Times have changed, for the better.

Now I trade stocks intraday that are in the $20-150 range(also GOOG) that are volatile and present opportunities every few minutes. Sometimes I trade stocks that I know nothing about, it doesn't matter, as long as there is a trade setup. I would suggest getting some books on TA if you don't already have some. I think a simulated account may be a good idea as well to test strategies for a few months and gain experience. If your going to day trade, you need commissions as cheap as possible, good charts, and fast execution. Keep reading and learning and try to preserve capital.

I don't think I would trade any of those stocks intraday that you listed, because of lack of volume and low volatility. However, MSTR could have a breakout. I would wait for confirmation and make sure SP500 was on your side. I would personally hold off all swing trades until after the FOMC meeting. Good luck.

 

[steve46]

I appreciate the humor. I don't even watch TV anymore. I just dial in here and read these threads. You couldn't make this stuff up.


Good one Cash

Steve

 

[CaptainObvious]

Quote from Dogballoon:

It's a lot easier to have unattainable hopes than to do the hard work of actually setting pragmatic goals and achieving them. When you fail in the first instance, it's no big deal. In the second, you feel real pain.

Setting unattainable goals is actually a way of doing nothing and not feeling guilty about it, proving to yourself that you're not capable of making more tangible progress
Cash
Some sage advice that you should take seriously. I don't know how many community college allumni are running hedge funds but I'd venture a guess and say not too many. Listen up! You don't have to be a zillionare to be happy and successful. The fact is, most people in this country are lazy and stupid. That's good news because just being average puts you in the top 10%. Anyone with half a brain and some real motivation can jump to the head of the pack if they try. Quit dreaming about goofy shit and focus on what's right in front of you.

 

[JimmyJam]

Quote from ******:

Steve, Steve, Steve

This is GOD,

you have been a bad boy Steve ehehheeh nah

listen I enjoy your gung ho approach to life, you are having fun with idiots who think they can find an edge here. I too trade index mostly, have been at it since 1994.

I just wanted to let you know that you aren’t the only know-it-all fish here, go easy a bit on some of these new people sometimes, have a soul man. (I think JJ is Joseph’s son too)

The only way I can explain your arrogance is if you had a good mentor (maybe your father) and don’t really know what these beginners have to face.

Anyway keep on making me smile,

... and just who the fuck are you?

no really, jackass, why create a new ID just so's you can run shit out of your mouth?

coward.

... and for the record, this kid holds the record for the most threads created with the absolutely most clueless posting seen here on ET. Hell, it's like he's not even trying to do the right thing and put some serious knowledge under his belt through sweat equity, he just wants to take another toke from his pipe dream and think about the money that he'll be gett'in paid.

and you say traders who are trying to point him in the right direction are arrogant???

first of, fuck you. you'd better not show your real handle, especially if you are how I thinks you might be.

secondly, if he wants to throw his money into the market, fine.

he should focus on the mini's though, i'd love the added liquidity.

later,

jimmy jam

 

[JimmyJam]

Quote from ******:

hey Jimmy Jamin or whatever, why such harsh words.

if you are one of those kids looking for edge for free here on forums,

read my post again, and than you can thank me.

if that is too smart for you, then I will sink to your level

you Fucking Stupid Fuck, Profits are in chart study not in asking me

Who The Fuck Am I

ignore

keep hiding, ass-wipe

 

[skulltrader]

Quote from cashmoney69:

I want to run my own Hedge fund by the time I'm 25. I currently dont have a College degree. Most the money would come from friends and family.

Friends and Family are going to back you up? LOL Dude you go to a Community College, You're going to need a whole lot more than tuition money to start your HEDGE FUND.

 

[JimmyJam]

Quote from ******:

you have no manners Jimmy and neither do I when someone uses words "fuck" in the first sentence directed toward me.

this is my first handle, and frankly I am much more interested in exchanging few posts with Steve not you.

my first post was directed at Steve not you Jimmy.

you are a complete asshole, regardless

...

for coming on here and making a pseudo of a pseudonym just to talk shit

 

[JimmyJam]

Quote from ******:

when I was fat for example, ...

come on bitch, give us your real pseudonym

 

[JimmyJam]

Quote from ******:

you have no manners Jimmy and neither do I when someone uses words "fuck" in the first sentence directed toward me.

Oh, you mean as in: "Fuck You!"

this is my first handle,

you're a complete and total liar, you've probably posted thousands of times ...

and frankly I am much more interested in exchanging few posts with Steve not you.

... then why you still running shit out your mouth?

my first post was directed at Steve not you Jimmy.

so now you're backpeddaling? ... pussy

 

[JimmyJam]

Quote from ******:

... (I think JJ is Joseph’s son too)

... and is it just my imagination, or did you remove your posts?

hmm

good thing I archived this thread.

later ******, you chump!