| EbayHustle | 04-07-2010 10:58 AM | 10G's of Play Money, What would you do for profit! I'd ideally like to get into the stock market but in order to day trade I know I need 25K invested. The most I'd invest into a brokerage account is 2k-3k. What would you guys do? Ebay hustling has made me kind of sick lately. |
aspkin | 04-07-2010 05:45 PM | Don't day trade, find some companies you like and invest in them for the long haul.
If I did that instead of day trading last year I would of made 400-500 percent more money. |
EbayHustle | 04-07-2010 08:45 PM | Quote:
Originally Posted by aspkin
(Post 132198)
Don't day trade, find some companies you like and invest in them for the long haul.
If I did that instead of day trading last year I would of made 400-500 percent more money. | So I just opened an TD Ameritrade account, Cash Only. I'm going to start of with 2500 and diversify it a bit. I might do a little bit of swing trading. I'm already in a 401k at my workplace at 12% of my pay matched dollar for dollar so I think I have the real long haul covered. I'd just like to make decent earnings from week to week with this brokerage account if possible. I'm going to take this as a learning opportunity and hopefully make something out of it.
Wonder if there's any benefits to having a TD Bank account. It's what I use for my stealths. Hmmm. |
First Edition | 04-07-2010 11:29 PM | 12%? Where do you work?!?! |
jbluntz | 04-07-2010 11:54 PM | And don't buy penny stocks either, I've still got about a million shares from a few years ago all under a penny a share. |
EbayHustle | 04-08-2010 11:39 AM | Quote:
Originally Posted by First Edition
(Post 132223)
12%? Where do you work?!?! | A Fortune 500 Pharmaceutical Company. Quote:
Originally Posted by jbuntz
(Post 132233)
And don't buy penny stocks either, I've still got about a million shares from a few years ago all under a penny a share. | I remember almost opening a Scottrade account a couple years ago to get into that.. Do people really make money off it from your experience? |
Burning | 04-08-2010 03:10 PM | I think citibank would be your best bet, it's probably going to go up next year. |
aspkin | 04-08-2010 05:19 PM | Heh, C will get there eventually, it's a good long haul investment. |
PatricioNut | 04-10-2010 02:55 AM | why stock market? in stock market, investers are happy with 8-10% roi. Ebay allows 100% + roi all day errryday.....no brainer imo. |
PatricioNut | 04-10-2010 02:57 AM | Also, think CNK, Cinemark Holdings, they are the largest holder of 3d movie technology. Everyone seemed to get a hard on over avatar....plus 13 new 3d releases this year. 3d has been compared by Jim Cramer as tv going from black and white to color. |
jbluntz | 04-10-2010 03:05 AM | ^ Quote:
Originally Posted by EbayHustle
(Post 132313)
A Fortune 500 Pharmaceutical Company.
I remember almost opening a Scottrade account a couple years ago to get into that.. Do people really make money off it from your experience? | I think the only ones that make money from penny stocks the insiders, most of em are all scammers with dummy corporations. |
Ghost | 04-10-2010 10:29 AM | Quote:
Originally Posted by PatricioNut
(Post 132595)
Also, think CNK, Cinemark Holdings, they are the largest holder of 3d movie technology. Everyone seemed to get a hard on over avatar....plus 13 new 3d releases this year. 3d has been compared by Jim Cramer as tv going from black and white to color. | I think it's another passing fad, but that's just me. |
EbayHustle | 04-14-2010 07:13 AM | Ughhh, I missed out on 4 thousand dollar profit yesterday due to unsettled cash and not having non-marginable funds! :tears: |
aspkin | 04-14-2010 10:33 AM | I like the stock market the past couple days. :) |
EbayHustle | 04-14-2010 10:54 AM | Quote:
Originally Posted by aspkin
(Post 133178)
I like the stock market the past couple days. :) | How do you get passed unsettled funds? I've missed out on huge opportunities cause of it and not having non-marginable funds. |
aspkin | 04-14-2010 11:08 AM | I have a margin account.
What did you miss? |
EbayHustle | 04-14-2010 11:22 AM | Quote:
Originally Posted by aspkin
(Post 133191)
I have a margin account.
What did you miss? | How long after one tries to upgrade their account to a margin does it take for approval? Missed out on GOIG.... Had good information on it but couldn't purchase any shares... I had to sit back and watch it grow 40% or so yesterday. They're not having a good day today but oh well, my shares would have been sold yesterday....
With a margin account I take it you don't have to wait for funds to settle after a trade? | All times are GMT -5. The time now is 11:26 AM. | |
vBulletin® Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.
Ad Management by RedTyger |
All times are GMT -5. The time now is 11:26 AM.