Im done fucking with the stock market - concentrating on my internet biz

Status
Not open for further replies.
katoved

katoved

Banned
Jul 11, 2006
1,308
24
0
42
Chicago
www.bannerblindness.com
I sold all my shares of BFT yesterday. I started capitulating and thinking that the company may file for bankruptcy protection. So, instead, they get the financing they need, and the stock shoots up over 25%. I fucking cant win in the stock market, but I ALWAYS win with my websites. Tired of being a sucker in the market.
 


trading is a tough way to make a living, especially directional trading.
 
I make good $ in stock market. It helps when your dad has been in the industry for a long time though. Made 20% last month. Sold everything yesterday, we'll see what I get in next.
 
  • Like
Reactions: katoved
engaged said:
I make good $ in stock market. It helps when your dad has been in the industry for a long time though. Made 20% last month. Sold everything yesterday, we'll see what I get in next.
Click to expand...


Im not saying it isnt possible to make a living trading, I am a trader so I know that it is but its not something that can be done successfully long term if you are passive about it. If you let up for a second you can get into trouble quick.
 
tangem2 said:
Im not saying it isnt possible to make a living trading, I am a trader so I know that it is but its not something that can be done successfully long term if you are passive about it.
Click to expand...

For sure. My dad's friend back at Merrill started a hedge fund, lost $ and jumped out a hotel window. That was several years ago. GOOD TIMES!
 
engaged said:
For sure. My dad's friend back at Merrill started a hedge fund, lost $ and jumped out a hotel window. That was several years ago. GOOD TIMES!
Click to expand...


wow...sorry to hear that...unfortunately it isnt an uncommon story in this business.
 
Have you tried investing in the forex? I been playing around with it. Doesn't cost much to get in and I can see the potenetial.

CJ
 
futures! woodiescciclub.com it looks stupid at first but read the manuals and then play on the charts in the trading rooms for a while, you can do alright, or you can get an ulcer and have someone do a rotoruter(sp?) up your ass to clean you out!
 
BFT is up 36% right now. It really makes me sad to know that today would have been one of my most profitable days I would have ever had. I think I'm actually addicted to playing the stock market. What do you guys suggest I do to help me stop? I sold my shares and put it all in CD's, so I cant touch them for 3 months.
 
I am addicted too. The best thing for the addiction is to do your research and pick winners and pray.
 
options aren't too bad if you need to hedge your risk in a position... but i'm focusing on the net for better roi with more passive income now
 
Status
Not open for further replies.
Top Bottom