Perpetual Lottery Tickets Drawer

Quote from Mr. Bollinger:



I'm sorry I'm a little slow. Can you just explain the whole N, X, and Sum(P) thing ? Also, are you constantly looking for different stocks to buy each day, based on your criteria?

Also, are you constantly looking for different stocks to buy each day, based on your criteria? Yes.

N: number of tickets
X: total cost
Sum(P): total profit
 
Quote from random trader:

10/6/03

N = 18
X = $727
Sum(P) = $76

Stock market to the middle class is lottery to the underclass.

Sounds like you are aleady pretty far in the hole considering transaction costs (commissions). What is the point of this thread again?
 
Quote from snooptrader:



Sounds like you are aleady pretty far in the hole considering transaction costs (commissions). What is the point of this thread again?

Smart ***, commision is $1 for 100 shares, and already included in the cost. What do you say?
 
Quote from random trader:



Smart ***, commision is $1 for 100 shares, and already included in the cost. What do you say?

Sorry dawg. Was not trying to be a smart ass. So, commissions are figured in the 76 profit. Buy and sell?

I wish you luck. I assume you are just looking for one big hit. Personally, I have better use for my $$$. But, more power to you.
 
why don't you list the stocks you buy, it will only help you to front run and move the price up of your holdings.........look around, there are sheep everywhere on this website.
 
Quote from snooptrader:



Sorry dawg. Was not trying to be a smart ass. So, commissions are figured in the 76 profit. Buy and sell?

I wish you luck. I assume you are just looking for one big hit. Personally, I have better use for my $$$. But, more power to you.

Only buy commisions are included. Sell commisions are often not needed because you know why. :)

The purpose of this thread is to test whether "a diversified portofolio of penny stocks is safer and offers higher return than major indices" is true. My guess is yes if you always buy on the cheap, otherwiser I wouldn't be doing this.

Getting rich quick is not the purpose.
 
Quote from bigbeech:

why don't you list the stocks you buy, it will only help you to front run and move the price up of your holdings.........look around, there are sheep everywhere on this website.

Not counting the time I spend answering questions occasionally, I put in less than 2 minutes maintaining this thread every day. It's simply not worth the effort to list all the stocks I have bought.

If someone really has interest in the details of my trades, check out "Forex Forex". I post my Forex trades there in real-time. All are welcomed to front run me and move the price anytime.
 
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