Anyone here daytrade? - GoFuckYourself.com

lil2rich4u2 · 12-20-2004, 01:17 AM

Ive been searching for a chat and cant find shit!

Went on yahoo and they have a few rooms named "StockWatch" but when i go in there all i get is rainbow colored msgs asking me for my ASL lol

and on AOL they dont have a room for this surprisingly.

Went on IRC and cant find shit on there either.

Anyone have any idea where to find live chat for trading?

thanks, and have a good day.

Top Jimmy · 12-20-2004, 01:18 AM

I use to day trade options pretty heavy.

Still do some trading here and there. Check the alt.invest groups to see if anyone has anything

azguy · 12-20-2004, 01:21 AM

I used to do it full-time until I started this project. These days I'm just a short-term trader... don't have too much time nowadays.

lil2rich4u2 · 12-20-2004, 01:25 AM

Quote:

Originally posted by azguy
I used to do it full-time until I started this project. These days I'm just a short-term trader... don't have too much time nowadays.

yes thats what i do basically, not trully daytrading.

for example here are my plays for tomorrow:

A. long RSGC 1000 @ $2.15
B. long MCEL 1000 @ $2.50
C. long PACW 1000 @ $2.70
D. cover MCLD 6000 @ ????

i have no problem buy/sell in one day, but if need be i will hold upto 3 days (not counting weekend) and at that time if its in the red i dump it regardless.

i guess i am short term/swing trading ?

Anyhow im all over the yahoo boards, and a forum i found is really helpful, but id like to join a few live chats now and then, cant seam to find much

I Like Chocolate · 12-20-2004, 01:52 AM

I'm a very active investor. Im more short term oriented.

VSTY is a good short term trade. Had a big breakout a few days ago.

azguy · 12-20-2004, 01:55 AM

MTSX & CRM

lil2rich4u2 · 12-20-2004, 01:56 AM

Quote:

Originally posted by azguy
MTSX & CRM

i appreciate it, but not really looking for picks.

just want to find a place to chat about stuff be it strategy, advice, picks, news, etc.

quiet · 12-20-2004, 01:58 AM

that shit sounds pretty dangerous (in the finacial sense)...

Top Jimmy · 12-20-2004, 01:59 AM

A friend that is still heavy into it goes to a site quite a bit. I can't for the life of me remember it though, I'll try to find out for you.

On an unrelated note, how do I set a custom title? I thought at 1000 I could

lil2rich4u2 · 12-20-2004, 01:59 AM

Quote:

Originally posted by azguy
CRM

http://quotes.barchart.com/texpert.asp?sym=crm

anything special on this? or you expecting something soon?

thanks again

azguy · 12-20-2004, 02:00 AM

Quote:

Originally posted by lil2rich4u2
i appreciate it, but not really looking for picks.

just want to find a place to chat about stuff be it strategy, advice, picks, news, etc.

Just sharing my favs. Just sold WYNN last week at around $70 after getting them at $13 a few days following their IPO 2 years ago

Biggy2 · 12-20-2004, 02:01 AM

The chances of coming out ahead daytrading are slim to none..

About 30% of traders succeed in the short-term, in the long-term, that number gets reduced drastically..

azguy · 12-20-2004, 02:02 AM

Quote:

Originally posted by lil2rich4u2
http://quotes.barchart.com/texpert.asp?sym=crm

anything special on this? or you expecting something soon?

thanks again

CRM has the hottest and most promising concept. This company will not be valued at only $1.5B soon

Nothing special or any significant information on my end, just a favorite stock. I bet they'll make it to $40 a share sometime in 2005 or early 06. But that's just me

Funky Bastard · 12-20-2004, 02:03 AM

I would if I had the money to. This guy down around the block from me is a retired daytrader at 35 he has million's motherfucker is tighter then a pair of Wranglers I go over their every once in awhile to cut his grass when I need a few extra bucks.

I Like Chocolate · 12-20-2004, 02:07 AM

MHR could be bought out soon. Could be good for 30%. Stock is very very undervalued as well.

KRL · 12-20-2004, 02:11 AM

http://www.daytraders.org/chat/live.htm

It gets very busy and faster than fast, and you have to be a speed reader to keep up, but that's where they all are.

lil2rich4u2 · 12-20-2004, 02:17 AM

Quote:

Originally posted by Biggy2
The chances of coming out ahead daytrading are slim to none..

About 30% of traders succeed in the short-term, in the long-term, that number gets reduced drastically..

buy low, sell high = profit

when most people discuss daytraders they are talking about someone who is making 50 - 200 trades per day, skimming pennies from each.

i didnt mean to say daytrading, i mean more of short term.

"buy low, sell high" if you beleive that, then its just a matter of identifying a stock that has the potential to rise just a little bit, and then put yourself into a position where that "little bit" makes a big profit.

example;

you find a stock that is up and down from $1.00 to $1.50 over the course of 2 months. Now buy 5k shares when it hits $1.10 or less, and set an auto-sell at $1.40 (.10 less than resistance), just forget all about it and wait for it to sell by itself when hitting target. $1500 profit.

try and pick 3 - 5 stocks a week, make the buy and then set the sell, leave them.

barring the possibility of the market crashing, and/or the particular stock goes down the drain ... no reason why this wont work, it works every day.

naturally you have to consider the trades that might end up taking 6 months to hit your target and finally sell, but with a bit of research and a bit of knowledge im hoping to be able to minimize that possbility by doing research and picking well.

so no it isnt daytrading, but it seams to be working so far.

and naturally as your capital grows/reduces you can adjust your position size. so instead of taking a 5k position and waiting for .30 to hit my goal, i can take a 10k position and wait for only .15 hence increasing my chances of hitting it sooner.

hmm ok that was a ramble, sorry for that lol

lil2rich4u2 · 12-20-2004, 02:22 AM

Quote:

Originally posted by KRL
http://www.daytraders.org/chat/live.htm

It gets very busy and faster than fast, and you have to be a speed reader to keep up, but that's where they all are.

once again i owe you buddy, thanks!

I Like Chocolate · 12-20-2004, 02:24 AM

Thats swing trading.

To trade you have to have a good understanding of technical analysis.

It's generally best to look for stocks that are in an industry thats in a bull market.

Also, look for stocks with low floats, low share counts, good earnings growth and prospects and positive momentum.

Top Jimmy · 12-20-2004, 02:27 AM

Quote:

Originally posted by SexualRB
Thats swing trading.

To trade you have to have a good understanding of technical analysis.

It's generally best to look for stocks that are in an industry thats in a bull market.

Also, look for stocks with low floats, low share counts, good earnings growth and prospects and positive momentum.

Not if you short

12-20-2004, 01:17 AM	#1
lil2rich4u2 ICQ: 175171926 Join Date: Oct 2002 Location: New York, NY Posts: 11,046	Anyone here daytrade? Ive been searching for a chat and cant find shit! Went on yahoo and they have a few rooms named "StockWatch" but when i go in there all i get is rainbow colored msgs asking me for my ASL lol and on AOL they dont have a room for this surprisingly. Went on IRC and cant find shit on there either. Anyone have any idea where to find live chat for trading? thanks, and have a good day. __________________ HEY!! Unbeatable hosting! Customer service is top notch! --> ISPrime <-- Do a search on any board, their reputation is rock solid .. for years!!

12-20-2004, 01:18 AM	#2
Top Jimmy Confirmed User Join Date: Dec 2004 Location: Down your street Posts: 2,513	I use to day trade options pretty heavy. Still do some trading here and there. Check the alt.invest groups to see if anyone has anything __________________ Don't reply. Let it die.

12-20-2004, 01:58 AM	#8
quiet we'll miss you our friend. RIP Industry Role: Join Date: Sep 2001 Location: Fernie, BC Posts: 25,115	that shit sounds pretty dangerous (in the finacial sense)... __________________ we'll miss you our friend. RIP

12-20-2004, 01:59 AM	#9
Top Jimmy Confirmed User Join Date: Dec 2004 Location: Down your street Posts: 2,513	A friend that is still heavy into it goes to a site quite a bit. I can't for the life of me remember it though, I'll try to find out for you. On an unrelated note, how do I set a custom title? I thought at 1000 I could __________________ Don't reply. Let it die.

12-20-2004, 02:11 AM	#16
KRL Entrepreneur Join Date: Oct 2002 Location: USA Posts: 31,429	http://www.daytraders.org/chat/live.htm It gets very busy and faster than fast, and you have to be a speed reader to keep up, but that's where they all are. __________________ If you would like to develop your domains, you can lease inexpensive foreign labor from the leaders in the field at iWebmasters.com TO LOWER YOUR COSTS AND INCREASE YOUR PRODUCTION! * * * * * * * * * * * * Domains Adult News KRL's Newsletter Biz Tips Just Listed Domains

12-20-2004, 01:21 AM	#3
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	I used to do it full-time until I started this project. These days I'm just a short-term trader... don't have too much time nowadays.

12-20-2004, 01:52 AM	#5
I Like Chocolate Confirmed User Join Date: Dec 2004 Posts: 821	I'm a very active investor. Im more short term oriented. VSTY is a good short term trade. Had a big breakout a few days ago.

12-20-2004, 01:55 AM	#6
azguy Confirmed User Join Date: Nov 2004 Location: Scottsdale, AZ Posts: 5,167	MTSX & CRM

12-20-2004, 02:01 AM	#12
Biggy2 Confirmed User Join Date: Feb 2002 Posts: 1,821	The chances of coming out ahead daytrading are slim to none.. About 30% of traders succeed in the short-term, in the long-term, that number gets reduced drastically..

12-20-2004, 02:03 AM	#14
Funky Bastard So Fucking Banned Join Date: Nov 2004 Location: San Antonio, Texas Posts: 2,544	I would if I had the money to. This guy down around the block from me is a retired daytrader at 35 he has million's motherfucker is tighter then a pair of Wranglers I go over their every once in awhile to cut his grass when I need a few extra bucks.

12-20-2004, 02:07 AM	#15
I Like Chocolate Confirmed User Join Date: Dec 2004 Posts: 821	MHR could be bought out soon. Could be good for 30%. Stock is very very undervalued as well.

12-20-2004, 02:24 AM	#19
I Like Chocolate Confirmed User Join Date: Dec 2004 Posts: 821	Thats swing trading. To trade you have to have a good understanding of technical analysis. It's generally best to look for stocks that are in an industry thats in a bull market. Also, look for stocks with low floats, low share counts, good earnings growth and prospects and positive momentum.