wanna know how to make easy money?
- Thread starter jenzkc
- Start date
just a heads up to those who intend to buy FAS... don't buy until it hits 20.50. would actually suggest buying FAZ @ 12 and holding until it hits $17 instead. probably shouldn't have even started this thread, haha... but since i did, just letting y'all know. anyways, not gonna keep posting stuff about this since this is not a stock trading forum.
http://www.dailyfx.com/forex/video/technical_analysis/2010/10/21/Jamie_Trading_Video_1021.html
http://www.dailyfx.com/forex/video/technical_analysis/2010/10/21/Jamie_Trading_Video_1021.html
Not true. Gold is used in jewelry and recycled, whereas silver has actual industrial uses/intrinsic value and is often totally consumed in the process. Something is only worth what a person is willing to pay, but technically, silver should be worth more in proportion to gold than it is.
(O_o)
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What is the best brokerage for short selling obscure/low volume penny stocks? (serious question)
I recommend Scottrade for trading stocks under $1. Haven't done any short selling.
Quoted for truth.
ZeroHedge kicks ass. Awesome site. The wickedfire of traders is an apt description.
Holding funds like FAS and FAZ long-term is a BAD idea. The churn will cause you to lose returns.
Proof:
FAS Technical Analysis | Direxion Daily Financial Bull 3 Stock - Yahoo! Finance
Notice that both FAZ and FAS lose money over a year? You been had!
These are short-term / swing-term trading tools, nothing more and nothing less.
Proof:
FAS Technical Analysis | Direxion Daily Financial Bull 3 Stock - Yahoo! Finance
Notice that both FAZ and FAS lose money over a year? You been had!
These are short-term / swing-term trading tools, nothing more and nothing less.
