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12. You always seem to have a line on hot stocks - discuss your insider trading tactics and skills and where you got them.
I have been trading stocks for 17 years, I also at one point got a series 7 licence. I wanted to run a mutual fund. i found out though that I did not have the proper schooling and or the proper background (I.E. I did not know Thirstin Howell III) hahhah I lost lots of cash in the early years playing options market. Then lost more money shorting net stocks in the90's . I have sworn off individual stocks and for the last 2 years only trade ETF's like qqqq and such I have horrid luck with single stocks i always buy the stockj right before the accounttign scandle or the meteor hitting the ceo on the head. I have very good success with ETF's and indexes. I often am right on the direction of the market. My new years resolution is to not trade.. So far so good. if you trade stocks you have to beat the market by double to be the same after taxes as those that buy and hold i realize i am not smart enough to beta the market by double constantly so I am now an old conservitive. Buy and hold guy after years of thinking i was so smart and i could beat the market... NOT sometime yes but over the long haul NO I had a lot of fun with Poker.com PKER stock and NRMI a record stock and a few others. I ahve made some fun hiome runs but the mood swings are not worth it . I am focused on my biz and dont ahve time to worry about what the market is doing day to day.. Though I often scream WHORE at CNBC and go up you fuckign WHORE ! hahaahhahaa
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