What's the fastest and SAFEST way.....

Quote from GenesisTrader00:

buy 200k shares of a stock and immediately put in on the offer a penny higher.


sounds, good, I'll try it tomorrow! Now where can I find a stock where I KNOW it will go up by $.01 ??? and not down, say $.30
 
that's easy buy a penny stock. Mine went up .03 today. I own over 80,000 shares in 1 account. So I did pretty good. It was GFCI. My goal is to make $ 100,000 but in a 3 month trade, not a daytrade.
 
Quote from Thunderdog:

"Fast" and "safe" are not usually found in the same paragraph, let alone the same sentence.

What you are saying is that you wish to essentially double your money every month, assuming no compounding during the course of each month. Now, imagine compounding only on a monthly basis, meaning that you adjust your trade size only once a month to reflect the increased size of your account. Take a calculator and see where that gets you.


:)
==============
Hey Truthteller;
think he meant in a truthful sense
:/not talk is cheap cents.:D
 
Quote from stfreak:

so u aint talking about trading, u r talking about gambling. what you describe, is the balls to the walls modus operandi, that will kill every trader in the long run.

trading is about riding the edge, and the edge works only with the law of big numbers. if you play your hand only one time, your chance to make a certain amount of $ is equal to the risk of loosing $.

you have to have an edge and do the same thing over and over again, with small size. the more often, the more $ you will make.

doing a play only one time is like playing poker and betting your pot @the first hand: either you double up, or you loose it all.

like postet above, it´s a silly question and it doesn´t have anything to do with trading. period

I don't think your reading my quote stFREAK, and I don't think you have ever worked for a trading firm. In trading with a firm, or even by yourself, you are given a set amount to trade every single day to trade as much as possible. Every day you look for the proper positions to invest the companies money into, just ask a bright trader or a swifttrader. You given $40,000 plus a day and only for the day, to invest into practically anything on the NYSE and NASDAQ. Nothing to do with gambling. The key is your right is finding the EDGE, and that's what I'm writing this thread for. I know people who make $5000 a day, on MSFT,JDS,CNXT,and CSCO a day. That is what I am asking, how do those people find there edge, and how can they make $5000 on MSFT, what stocks and when is the best time to get into positions.
 
Quote from OddTrader:

Actually some very good and satisfactory answers for this kind of questions have been replied unlimited times on ET.

A simple version of them is - we really don't know. :)

agree :)
 
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