the Market will not like this--------

How many sharre do you have? If you had a few thousand you'd be off on your new boat enjoying the start of the summer.

If you have 50-100sh you'd be on this site cheerleading your picks telling us how well you're doing...

Love to know your port. value of these winning stocks. You're posting regimen and "I told you so" demeanor seems to jive with a piker who got it right and needs his ego stroked. Guys that make the real dough do not do this crap you are doing......

Quote from stock_trad3r:

Here is when I was bullish on RIMM after they missed the number by one cent and traded at 135


http://www.elitetrader.com/vb/showthread.php?threadid=91925

I told people it was no big deal

(and in hindsight it wasn't)

AND THERE WERE A LOT OF BEARS WHO DOUBTED ME

But I remained calm
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I own over 100K in stock assets

And I have done very well in 06' and 07'

Thats all I disclose

The point I am making is that to make money in the stock market DON'T over trade

buy stocks that go up!

And hold em'!


I held on to BIDU when it fell to 130 to 90 and then rebounded to 140

If you want to trade contracts and options best luck to you but this is my style

I have no hard feelings to anyone!
 
Quote from stock_trad3r:

I own over 100K in stock assets

I held on to BIDU when it fell to 130 to 90 and then rebounded to 140
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And that's why in another few years you'll have a whole $150k in assets...because you're not very smart.

Just imagine the people reading your posts who have made 100s of percent gains for the last few years...you sound like a 2nd grade dunce bragging...there is nothing impressive about the 15% gains you've made. :p

Holding a stock that loses 25% of its value and then riding it back up another 10% from the previous peak is NOT something you brag about to a bunch of TRADERS. I'm not one of them, but some probably pissed their pants laughing at you for that bragging point.

And $100k is not something you brag about nowadays...this isn't 1957! :D
 
Quote from SiSePuede!:

And that's why in another few years you'll have a whole $150k in assets...because you're not very smart.

Just imagine the people reading your posts who have made 100s of percent gains for the last few years...you sound like a 2nd grade dunce bragging...there is nothing impressive about the 15% gains you've made. :p

Holding a stock that loses 25% of its value and then riding it back up another 10% from the previous peak is NOT something you brag about to a bunch of TRADERS. I'm not one of them, but some probably pissed their pants laughing at you for that bragging point.

And $100k is not something you brag about nowadays...this isn't 1957! :D
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And I keep asking what have you done, genius? What are your major accomplishments
 
Quote from stock_trad3r:

And I keep asking what have you done, genius? What are your major accomplishments
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If you must know I've gone from $50k or so about 4 years ago to almost $2M now. Only about $1M is super liquid though...but the rest is in what I consider to be stable instruments and will probably double in the next two years.

I've just diversified into a few new small caps that I'm quite sure will really surge in the next two years. I expect 300-500% gains on those in the next 2 years and that's with $1M+

So sorry if holding GOOG for 15% gains or riding BIDU down 25% and back up 30% what you consider great skill...I think it's pure shit and Jim Cramer could do it.

And I'm not bragging, only making a point...I know guys that have done a lot better than me and I'm fairly jealous of them...but you certainly have no bragging rights other than maybe to your community college friends who have only $40k in their IRA while you're breaking off $20s to buy the gang a round of burgers at McDonalds.

:p
 
Quote from SiSePuede!:

If you must know I've gone from $50k or so about 4 years ago to almost $2M now. Only about $1M is super liquid though...but the rest is in what I consider to be stable instruments and will probably double in the next two years.

I've just diversified into a few new small caps that I'm quite sure will really surge in the next two years. I expect 300-500% gains on those in the next 2 years and that's with $1M+
:p
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If thats true, thats pretty incredible, congrats

how long did you start trading to get the skills to 10x bag your money?

Surely you didn't just pick up the stock picking skills in the last 4 years to 10x your money ,

Tell us some general idealogy behind your stockpicking, smallcaps who look like they will be 10x in the next few years? Pinpoint with canslim type? etc..
 
Quote from SiSePuede!:

If you must know I've gone from $50k or so about 4 years ago to almost $2M now. Only about $1M is super liquid though...but the rest is in what I consider to be stable instruments and will probably double in the next two years.

I've just diversified into a few new small caps that I'm quite sure will really surge in the next two years. I expect 300-500% gains on those in the next 2 years and that's with $1M+

So sorry if holding GOOG for 15% gains or riding BIDU down 25% and back up 30% what you consider great skill...I think it's pure shit and Jim Cramer could do it.

And I'm not bragging, only making a point...I know guys that have done a lot better than me and I'm fairly jealous of them...but you certainly have no bragging rights other than maybe to your community college friends who have only $40k in their IRA while you're breaking off $20s to buy the gang a round of burgers at McDonalds.

:p
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Well put. Drunk, college sophomore (community college). 100K, wow. Trad3er? Inveztor? RIMM job!
 
Quote from makloda:

If I ever learned one thing is that you won't consistently make money trying to predict and outguess the markets. If you're too anticipatory you're shooting yourself in the foot.
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You are correct that you will not make a penny by consistently trying to outguess the market. You will in fact probably go broke pretty quickly. There are, however, certain periods of time when you can outthink the market and do very well in the attempt. The market is mostly random, most of the time, but its not 100% random , 100% of the time.
 
Quote from coolweb:

If thats true, thats pretty incredible, congrats

how long did you start trading to get the skills to 10x bag your money?

Surely you didn't just pick up the stock picking skills in the last 4 years to 10x your money

Tell us some general idealogy behind your stockpicking, smallcaps who look like they will be 10x in the next few years? Pinpoint with canslim type? etc..
More...

Hey, thanks.

I didn't trade my way to those kinds of gains. I'm only really trying to learn trading as something now, more out of personal interest than want to make great returns from it. I really made money investing anywhere from 2 months to 1 1/2 years.

I started about 4 years ago, yeah. I made most of my money in small caps and micro caps. In that arena I find that the story is really important and it suits my personality to try and understand a business angle and look at the market to see if it fits. The fundamental education came along with all of it, but I'm not an accounting nerd or a technical nerd so I'm trying to hone those skills now as I find them interesting.

I can't really say there is an ideology...you just have to scour the piles of shit in the OTC and on the AMEX and find companies that really look like their management is able to accomplish. In the small cap sector you can't say enough for devoted and competent management that doesn't use a company as a piggy bank.

I find the general markets are much much tougher actually because small caps are in a world of their own.

Investing in small caps is good and some of the guys on this forum have a "longshot" thread in the stocks category that is pretty decent. It's not about getting into the buzzing company...most of those usually flop. I find that the really tightly held companies with good management and a solid business plan are the better choice.

Cheers bro, good luck. :D
 
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