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Old 08-01-2012, 06:01 AM   #1
Phoenix
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Stocks...any good ones you like to watch?

im thinking of buying in here and trying to make a buck day trading it.

http://finance.yahoo.com/q?s=liox

i used to do it with dell, id only make 100-200 bucks after trading costs.
but that is all im looking to make as well.

comments appreciated.
ill give you the first couple
idiot
say goodbye to your money
if you dont know...dont do it.
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Old 08-01-2012, 06:15 AM   #2
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If you have a good knowledge of technical analysis and have time to check communicates like current bank rates etc, try FOREX on main pairs.
FOREX is a great way to earn a lot of cash in short time... and to lose them even faster
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Old 08-01-2012, 06:37 AM   #3
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Dont trade, go long AAPL and hold it for a few years.
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Old 08-01-2012, 06:38 AM   #4
Phoenix
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Quote:
Originally Posted by kazymjir View Post
If you have a good knowledge of technical analysis and have time to check communicates like current bank rates etc, try FOREX on main pairs.
FOREX is a great way to earn a lot of cash in short time... and to lose them even faster
i have been pointed towards forex a few times.
i will read more about it...i just dont know enough to jump in right now.

Stocks i like to investigate read up on...check historical prices...i have a sound understanding of tech analysis based on my math degree. However it is still a gamble
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Old 08-01-2012, 06:40 AM   #5
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Originally Posted by SomeCreep View Post
Dont trade, go long AAPL and hold it for a few years.
Apple is on my watchlist for sure.
However, i could only afford to buy and hold..lol
I am only risking a mimimal amount of money here, i don't pretend to be spending 250k plus like some here
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Old 08-01-2012, 06:40 AM   #6
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BP dropped 5% in the last couple days might want to check it out
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Old 08-01-2012, 06:49 AM   #7
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Quote:
Originally Posted by Phoenix View Post
i have been pointed towards forex a few times.
i will read more about it...i just dont know enough to jump in right now.

Stocks i like to investigate read up on...check historical prices...i have a sound understanding of tech analysis based on my math degree. However it is still a gamble
Technical analysis is a key on FOREX, especially for USD/JPY, EUR/JPY pairs.
It's impossible to track all factors that affects currencies, so people are using technical analysis. Because many people are using it, it is very effective.

The key things of technical analysis which you *must* learn, are price support lines, price channels, formations (especially candlestick formations). Book "forex for dummies" explains these very good. You can try also "Technical Analysis - Introduction" book from Reuters.

There is also good to know about such things like Elliot Waves, Fibonacci levels, but it's a more advanced thing.
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Old 08-01-2012, 06:52 AM   #8
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And most important - FOREX is not a GAMBLING! This is a key thing to understand if you want to be a successful trader. All your decision must be based on detailed analysis, not on random decisions.

Also, I forgot: technical analysis is not all. The most important is risk management. You must have knowledge about setting proper stoploss/takeprofit and proper position size.
Even if you will make a bad decision using technical analysis, risk management will help you to reduce your loss or save profits.
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Old 08-01-2012, 07:24 AM   #9
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Dont trade, go long AAPL and hold it for a few years.
surely there is a more affordable option out there... this is not it. Too many dumbdumbs investing in this turkey which makes it volatile as shit.
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Old 08-01-2012, 07:33 AM   #10
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amazon and samsung both look like theyre pretty strong companies heading in the right direction
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Old 08-01-2012, 07:56 AM   #11
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Check out AOI on the Canadian market.
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Old 08-01-2012, 09:35 AM   #12
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surely there is a more affordable option out there... this is not it. Too many dumbdumbs investing in this turkey which makes it volatile as shit.
I've had a few DITM AAPL Leaps for awhile. Cheaper than shares and aren't too much riskier with high open interest. Here's an article I just found that seems to explains the concept fairly well.

http://valueinvestingcenter.com/2010...-price-stocks/

You can also write call options on them every month which is like free money. I'm actually thinking about getting out of Apple by the end of the year. Not sure what would I would replace it with though. Right now EEM is my only other major holding which I also like to sell calls on.

https://www.google.com/finance?client=ob&q=NYSEARCA:EEM

If you're looking to just have some fun vegas style day trading, try trading out of the money options with an expiry no more than a month out for FAZ and/or FAS. They're triple leveraged financial ETFs. Fun stuff if you have the stomach.

https://www.google.com/finance?q=fas
https://www.google.com/finance?q=faz
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Old 09-06-2012, 04:47 AM   #13
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so did anyone take my advice...in and out 5-6 times
http://finance.yahoo.com/q?s=liox
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