Call this part II of the Day Trading thread. This one is open for all conversations on market activity.
I'm still enjoying the market trading... Went from 2k (margin trading / eliminated fund restrictions) and put in another batch - was working with 11k then pulled 6k for a purchase of a UTV. Now at 5k.
I am slightly ahead by about 1k. I've had one major hit - lost about $900. Major in my book of hobby activity.
I had one that I held for about 2+ months straight (BCRX) - when it finally reached a point to make .01 - I sold as I did not earlier and it dropped in value. This time though after I sold it immediately skyrocketed from 1.88 (I sold) to 7.00+!!! haha! That would have been a cool 20k profit.
I had some good runs and some not so good though overall, as I said, I am slightly ahead.
I've not gotten to the point of day trading in principle though had some days where it worked out in that fashion. Mostly I fall into the "swing trading" catagory.
Currently, I am in MUX @ 1.97. It took a hit recently though I feel comfortable to work with this one for a bit (week-month). Seems they rise and fall on the price of silver even though they are mainly a gold mining company. They are waiting on some permits to clear on mining operations.
I'd really like to discipline myself for day trading though often it is depending on my work schedule thus tough to play by "just the #'s" vs company background, etc...
Been a real good time. I started a website and about to enable acceptence for people to post. It will be based on referral from users and people I know (here, elsewhere) I changed it to admin acceptence only versus open to join to ensure spambots, other do not interfere with the enjoyment of the site.
Any interested, feel free to join in. One forum is specifically set for game play... I.E. "play" money on stock purchase and competing with others - for shnitz and grins. Another forum for general market / general chatter and another - a squak box type area to call out the hot or not so hot pick.
http://todaysworldonline.com/dir/index.php
Drop a PM if you sign up. I'll be happy to get your access approved.
I'm still enjoying the market trading... Went from 2k (margin trading / eliminated fund restrictions) and put in another batch - was working with 11k then pulled 6k for a purchase of a UTV. Now at 5k.
I am slightly ahead by about 1k. I've had one major hit - lost about $900. Major in my book of hobby activity.
I had one that I held for about 2+ months straight (BCRX) - when it finally reached a point to make .01 - I sold as I did not earlier and it dropped in value. This time though after I sold it immediately skyrocketed from 1.88 (I sold) to 7.00+!!! haha! That would have been a cool 20k profit.
I had some good runs and some not so good though overall, as I said, I am slightly ahead.
I've not gotten to the point of day trading in principle though had some days where it worked out in that fashion. Mostly I fall into the "swing trading" catagory.
Currently, I am in MUX @ 1.97. It took a hit recently though I feel comfortable to work with this one for a bit (week-month). Seems they rise and fall on the price of silver even though they are mainly a gold mining company. They are waiting on some permits to clear on mining operations.
I'd really like to discipline myself for day trading though often it is depending on my work schedule thus tough to play by "just the #'s" vs company background, etc...
Been a real good time. I started a website and about to enable acceptence for people to post. It will be based on referral from users and people I know (here, elsewhere) I changed it to admin acceptence only versus open to join to ensure spambots, other do not interfere with the enjoyment of the site.
Any interested, feel free to join in. One forum is specifically set for game play... I.E. "play" money on stock purchase and competing with others - for shnitz and grins. Another forum for general market / general chatter and another - a squak box type area to call out the hot or not so hot pick.
http://todaysworldonline.com/dir/index.php
Drop a PM if you sign up. I'll be happy to get your access approved.