ive never been good at the stock market game with real money, i lost my ass last year.
i learned a valuable lesson... NEVER take "stock tips" from friends. two friends that had "inside tips" cost me a pretty big chunk of change. i also let a friend borrow some money to use this software that he bought that he assured me he would make money. i said i would let him borrow the money, he keeps what he makes, i just want it back in 6 months... 9 months later its all gone and i hear "ill pay you back, i promise"
I've been using the one @ http://vse.marketwatch.com/Game/Homepage.aspx
to test out diffrent trading set ups. It's pretty cool for testing out theories rather than risking real money.
Right now I'm testing out the $3k and %3 gains to a million in 200 trades idea. I think it can be done but but you have to take your time with it. Pick out the trades and only do about 40 per year. This way you can limit the risk and take your time with thje trades.
In November, you can vote for America's next president or its first dictator.
I'm not good at short term stuff and even the long term stuff I don't take big risks. I'm up 15.5% since I joined in May which is nothing compared to this day-trader on the site:
Return Since Start:1604.31%
Annualized Return:1864.85%
Portfolio Start Date 09/05/07
Bama - off topic, except in a metaphorical sense... but is there some sort of dinner plan for this Sunday? (Brett mentioned something about it but haven't got the details yet) I hope so because I have been looking forward to meeting with you and PK.
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