Don't you just fucking hate it when...

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  • Semi-Retired-Dave
    Too lazy to set a custom title
    • Apr 2004
    • 11190
    #1

    Don't you just fucking hate it when...

    You buy a stock first thing in the Morning when the market opens and you sell it off in under half hour and make about $3,000.00. Then you drive to work all happy that it was the quickest $3k ever, and by the time you get to work it triples and you could have made around $9,000.00 instead. WHY DO I SELL ALL THE TIME!!!

    Man I hate that!
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    • xxweekxx
      Confirmed User
      • Oct 2002
      • 6780
      #2
      how do you know which ones to buy/sell
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        • Semi-Retired-Dave
          Too lazy to set a custom title
          • Apr 2004
          • 11190
          #3
          Originally posted by xxweekxx
          how do you know which ones to buy/sell
          I pick the ones that go up and down a lot, like the banks, financial institutes. I need to tell myself, anything up is better than nothing and not let it get to me. But man it kills me.
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            • goldfish
              Confirmed User
              • Jan 2009
              • 723
              #4
              ok question, why wouldn't you let it get to a certain price then set a top loss on it and see where it goes. if it triples, great if it tops out and comes back to your stop loss you still are going to make a profit, either way you win right?
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                • Semi-Retired-Dave
                  Too lazy to set a custom title
                  • Apr 2004
                  • 11190
                  #5
                  Originally posted by goldfish
                  ok question, why wouldn't you let it get to a certain price then set a top loss on it and see where it goes. if it triples, great if it tops out and comes back to your stop loss you still are going to make a profit, either way you win right?
                  Good question.

                  Because I never know where to set my stop loss. Sometimes I'm cool being up 500 bucks but then there's times like today where its much higher. I don't like setting limits because you never know what that stock is going to do.

                  But your way would have made me the 9K today.
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                    • Juicy D. Links
                      So Fucking Banned
                      • Apr 2001
                      • 122992
                      #6
                      Originally posted by CyberAge-Dave
                      Good question.

                      Because I never know where to set my stop loss. Sometimes I'm cool being up 500 bucks but then there's times like today where its much higher. I don't like setting limits because you never know what that stock is going to do.

                      But your way would have made me the 9K today.
                      Dave forgot the stocks , we go to Vegas and put it all on black !!!!!!!!!!!

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                        • Farang
                          one sick puppy
                          • Oct 2004
                          • 11718
                          #7
                          Originally posted by Juicy D. Links
                          Dave forgot the stocks , we go to Vegas and put it all on black !!!!!!!!!!!
                          fbm

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                            • MoreMagic
                              Confirmed User
                              • Feb 2006
                              • 2851
                              #8
                              Better 3k then nothing.

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                                • Semi-Retired-Dave
                                  Too lazy to set a custom title
                                  • Apr 2004
                                  • 11190
                                  #9
                                  Originally posted by Juicy D. Links
                                  Dave forgot the stocks , we go to Vegas and put it all on black !!!!!!!!!!!
                                  I don't gamble. Although I think the stock market is a Bigger Gamble.
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                                    • 96ukssob
                                      So Fucking Banananananas
                                      • Mar 2003
                                      • 12991
                                      #10
                                      damn, thats still good. ive never had any luck with stocks.
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                                        • Semi-Retired-Dave
                                          Too lazy to set a custom title
                                          • Apr 2004
                                          • 11190
                                          #11
                                          Originally posted by bossku69
                                          damn, thats still good. ive never had any luck with stocks.
                                          I know one thing, my stocks always go way up as soon as I sell them. I can always send you my stock tips as I sell. You would be rich.
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                                            • EscortBiz
                                              Fuck Checks, CASH only!
                                              • May 2002
                                              • 19422
                                              #12
                                              most home traders lose, yeah they win on some lose on some but at the end they lose, so the fact you always make money even a few bucks on a trade you are ahead of the game

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                                                • SomeCreep
                                                  :glugglug
                                                  • Mar 2003
                                                  • 26118
                                                  #13
                                                  Originally posted by CyberAge-Dave
                                                  You buy a stock first thing in the Morning when the market opens and you sell it off in under half hour and make about $3,000.00. Then you drive to work all happy that it was the quickest $3k ever, and by the time you get to work it triples and you could have made around $9,000.00 instead. WHY DO I SELL ALL THE TIME!!!

                                                  Man I hate that!
                                                  I hate really hot weather and I love the rain. What's a stock?

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                                                    • mozadek
                                                      Confirmed User
                                                      • Feb 2008
                                                      • 1325
                                                      #14
                                                      High frequency trading is where the big bucks are at.

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                                                        • goldfish
                                                          Confirmed User
                                                          • Jan 2009
                                                          • 723
                                                          #15
                                                          Originally posted by CyberAge-Dave
                                                          Good question.

                                                          Because I never know where to set my stop loss. Sometimes I'm cool being up 500 bucks but then there's times like today where its much higher. I don't like setting limits because you never know what that stock is going to do.

                                                          But your way would have made me the 9K today.
                                                          So up the stop loss as the stock goes up, figure the amount of fluctuation in price you need to leave room for so you don't sell on a dip and your good to go. The only thing your limiting is the loss on your gains. In this situation I would have set the stop loss at 6% below your $3000 gain to start and then moved it up every time the stock went up, always lagging behind just enough to avoid the ups and downs in the price.

                                                          See I am good at making money when I get lucky and pick the right stock, but I suck at picking the right stock.
                                                          Last edited by goldfish; 02-22-2010, 07:14 PM.
                                                          ICQ: 566990329

                                                          "There is no rest for the wicked... and porn purveyors!

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                                                            • Semi-Retired-Dave
                                                              Too lazy to set a custom title
                                                              • Apr 2004
                                                              • 11190
                                                              #16
                                                              Originally posted by goldfish
                                                              So up the stop loss as the stock goes up, figure the amount of fluctuation in price you need to leave room for so you don't sell on a dip and your good to go. The only thing your limiting is the loss on your gains. In this situation I would have set the stop loss at 6% below your $3000 gain to start and then moved it up every time the stock went up, always lagging behind just enough to avoid the ups and downs in the price.

                                                              See I am good at making money when I get lucky and pick the right stock, but I suck at picking the right stock.
                                                              You really sound like you know your stock market tricks when picking the right stocks.
                                                              Want a job?

                                                              Good info. Thanks for the tips.
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                                                                • justinsain
                                                                  Confirmed User
                                                                  • Feb 2005
                                                                  • 3374
                                                                  #17
                                                                  Sounds like the only thing you bottom out with is your Ferrari

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                                                                    • Semi-Retired-Dave
                                                                      Too lazy to set a custom title
                                                                      • Apr 2004
                                                                      • 11190
                                                                      #18
                                                                      Originally posted by justinsain
                                                                      Sounds like the only thing you bottom out with is your Ferrari
                                                                      No, My lambo was lower then than Ferrari

                                                                      I jinxed it with the quick 3k yesterday.
                                                                      Lost a bit this morning so I guess it all balances out.
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                                                                        • AFSC
                                                                          #1 for Content Licensing
                                                                          • Sep 2006
                                                                          • 2084
                                                                          #19
                                                                          Yes... i hate that, sucks
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                                                                            • grumpy
                                                                              Too lazy to set a custom title
                                                                              • Jan 2002
                                                                              • 9870
                                                                              #20
                                                                              use the cover your ass method
                                                                              buy, it it goes up sell just enough top make your money back, maybe with a little profit and watch the leftover stock go up ( or down )
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                                                                                • Pandoras
                                                                                  Confirmed User
                                                                                  • Aug 2008
                                                                                  • 8447
                                                                                  #21
                                                                                  At least you've got something , and its definitely better then nothing
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                                                                                    • goldfish
                                                                                      Confirmed User
                                                                                      • Jan 2009
                                                                                      • 723
                                                                                      #22
                                                                                      Originally posted by CyberAge-Dave
                                                                                      You really sound like you know your stock market tricks when picking the right stocks.
                                                                                      Want a job?

                                                                                      Good info. Thanks for the tips.
                                                                                      LOL, np. Now if I could just learn to follow the trends like you do...
                                                                                      ICQ: 566990329

                                                                                      "There is no rest for the wicked... and porn purveyors!

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                                                                                        • Raf1
                                                                                          Too lazy to set a custom title
                                                                                          • Oct 2003
                                                                                          • 12117
                                                                                          #23
                                                                                          I've never been any good with stocks. It's just not for me.
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                                                                                            • Semi-Retired-Dave
                                                                                              Too lazy to set a custom title
                                                                                              • Apr 2004
                                                                                              • 11190
                                                                                              #24
                                                                                              Originally posted by goldfish
                                                                                              LOL, np. Now if I could just learn to follow the trends like you do...
                                                                                              I took a little hit this morning, not every day is a good day. But you seem to have some skills there. Maybe write a book and make your money that way with the stock market.
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                                                                                                • KILL_FRENZY
                                                                                                  Confirmed User
                                                                                                  • Aug 2006
                                                                                                  • 6184
                                                                                                  #25
                                                                                                  Isn't that rather...greedy? I mean you did make 3k instead of not playing at all and making a shit-load of dog crap, right?
                                                                                                  Why bother, there's more where that came from. Whenever you claim something there's always something better just around the corner that making you regret your choice. That's the easiest way to depression, my friend. Instead of thinking how wrong your choices are be glad you made them in the first place and you have the power and skill to make them again.

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                                                                                                    • pornguy
                                                                                                      Too lazy to set a custom title
                                                                                                      • Mar 2003
                                                                                                      • 62912
                                                                                                      #26
                                                                                                      I bought Apple years ago at about 9$ a share.. Sold at 110. I think it was.. But im happy look at the profit I did make.
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                                                                                                        • Semi-Retired-Dave
                                                                                                          Too lazy to set a custom title
                                                                                                          • Apr 2004
                                                                                                          • 11190
                                                                                                          #27
                                                                                                          Originally posted by KILL_FRENZY
                                                                                                          Isn't that rather...greedy? I mean you did make 3k instead of not playing at all and making a shit-load of dog crap, right?
                                                                                                          Why bother, there's more where that came from. Whenever you claim something there's always something better just around the corner that making you regret your choice. That's the easiest way to depression, my friend. Instead of thinking how wrong your choices are be glad you made them in the first place and you have the power and skill to make them again.
                                                                                                          That was very well said and very true.
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                                                                                                            • Semi-Retired-Dave
                                                                                                              Too lazy to set a custom title
                                                                                                              • Apr 2004
                                                                                                              • 11190
                                                                                                              #28
                                                                                                              Originally posted by pornguy
                                                                                                              I bought Apple years ago at about 9$ a share.. Sold at 110. I think it was.. But im happy look at the profit I did make.
                                                                                                              That's really good. Congrats. Can't be greedy in the Stock market.
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                                                                                                                • Bossman
                                                                                                                  Confirmed User
                                                                                                                  • Jun 2006
                                                                                                                  • 1263
                                                                                                                  #29
                                                                                                                  Originally posted by CyberAge-Dave
                                                                                                                  I know one thing, my stocks always go way up as soon as I sell them. I can always send you my stock tips as I sell. You would be rich.
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                                                                                                                    • Sid70
                                                                                                                      Downshifter
                                                                                                                      • Dec 2002
                                                                                                                      • 16413
                                                                                                                      #30
                                                                                                                      how much $$ is involved to make it work?
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                                                                                                                        • Semi-Retired-Dave
                                                                                                                          Too lazy to set a custom title
                                                                                                                          • Apr 2004
                                                                                                                          • 11190
                                                                                                                          #31
                                                                                                                          Originally posted by Adultmix
                                                                                                                          how much $$ is involved to make it work?
                                                                                                                          That all depends on your budget, penny stocks are always fun to test with but also have a higher risk.

                                                                                                                          I don't think there is Dollar amount to make it work. You just need to stay focused and watch it closely especially with the way economy is now.
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                                                                                                                            • VikingMan
                                                                                                                              Exploiting human weakness
                                                                                                                              • Jan 2008
                                                                                                                              • 6862
                                                                                                                              #32
                                                                                                                              You gonna lose 10 years or more off you life doing that I am pretty sure shaved more than that off my life from all the stress. Now I just swing trade for a few days or weeks at a time.

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                                                                                                                                • goldfish
                                                                                                                                  Confirmed User
                                                                                                                                  • Jan 2009
                                                                                                                                  • 723
                                                                                                                                  #33
                                                                                                                                  Originally posted by CyberAge-Dave
                                                                                                                                  That all depends on your budget, penny stocks are always fun to test with but also have a higher risk.

                                                                                                                                  I don't think there is Dollar amount to make it work. You just need to stay focused and watch it closely especially with the way economy is now.
                                                                                                                                  just not to closely... I find there is a fine line between keeping an eye on it and obsessing, when I obsess and don't set a stop loss I always screw it up.

                                                                                                                                  If they always go up when you sell send me the list too!!
                                                                                                                                  ICQ: 566990329

                                                                                                                                  "There is no rest for the wicked... and porn purveyors!

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                                                                                                                                    • Semi-Retired-Dave
                                                                                                                                      Too lazy to set a custom title
                                                                                                                                      • Apr 2004
                                                                                                                                      • 11190
                                                                                                                                      #34
                                                                                                                                      Originally posted by goldfish
                                                                                                                                      just not to closely... I find there is a fine line between keeping an eye on it and obsessing, when I obsess and don't set a stop loss I always screw it up.

                                                                                                                                      If they always go up when you sell send me the list too!!
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                                                                                                                                        • Semi-Retired-Dave
                                                                                                                                          Too lazy to set a custom title
                                                                                                                                          • Apr 2004
                                                                                                                                          • 11190
                                                                                                                                          #35
                                                                                                                                          Originally posted by goldfish
                                                                                                                                          just not to closely... I find there is a fine line between keeping an eye on it and obsessing, when I obsess and don't set a stop loss I always screw it up.

                                                                                                                                          If they always go up when you sell send me the list too!!
                                                                                                                                          Very true, it needs to be a side hobby for sure. If you are obsessed with it, not worth the stress at all.
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                                                                                                                                            • MrMaxwell
                                                                                                                                              Too lazy to set a custom title
                                                                                                                                              • Jul 2005
                                                                                                                                              • 10057
                                                                                                                                              #36
                                                                                                                                              If you made 3k trading small daily swings, your trades are at least in the lower tens... you doing it for the rush, are you? Beats the fuck out of vegas, sometimes?

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