daytrading is driving me mad

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  • aflex
    Confirmed User
    • Oct 2002
    • 3127

    #1

    daytrading is driving me mad

    im 20000 shares into this company and it keeps dipping then spiking... im going crazy
    self made mothafucka.

    buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com
  • notjoe
    Confirmed User
    • May 2002
    • 5599

    #2
    Originally posted by aflex
    im 20000 shares into this company and it keeps dipping then spiking... im going crazy
    Buy low and sell high. If you're already in large to this company then buy lots of shares when it takes a dip then sell when it spikes as it'll bring your avg cost per share down and lessen your loses.

    Other that that daytrading is like, so yesterday!

    Comment

    • woj
      <&(©¿©)&>
      • Jul 2002
      • 47880

      #3
      Buy when it dips, sell when it spikes
      Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
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      • aflex
        Confirmed User
        • Oct 2002
        • 3127

        #4
        yeah i just scooped up 5000 shares when it was low
        self made mothafucka.

        buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

        Comment

        • Head
          Confirmed User
          • Nov 2003
          • 8278

          #5
          Average down.

          Comment

          • Furious_Male
            Doing the grind since 99
            • Oct 2003
            • 16884

            #6
            If it has any sort of pattern to the spikes and lows you could make some good money. I trust your trades go through very fast and don't cost a lot per trade (high trade fees can gobble up your profit). If thats the case watch for the pattern and wring every dollar out of it.

            On the other hand if its really driving you crazy get out and make some LT investments.
            Living in Virtual Reality
            Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

            Comment

            • LasseKongos
              Confirmed User
              • Aug 2003
              • 4668

              #7
              Ericsson went up 13% here in Sweden. Nokia 13% to !!!

              Comment

              • aflex
                Confirmed User
                • Oct 2002
                • 3127

                #8
                IBZT check it out
                self made mothafucka.

                buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

                Comment

                • TheEnforcer
                  Confirmed User
                  • May 2001
                  • 2855

                  #9
                  Stay far away from him he just might go....

                  Hit me up below for all your advertising needs!

                  Comment

                  • woj
                    <&(©¿©)&>
                    • Jul 2002
                    • 47880

                    #10
                    Originally posted by aflex
                    IBZT check it out
                    Ibiz Technology Corp?

                    that's a 5 cent a share stock?

                    You bought 20k of it, so that's $1k total...
                    and you are worrying about the +/- $5 spikes?

                    Who do you broker with that makes it worthwhile to day trade with only $1k?
                    Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000
                    Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager
                    Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

                    Comment

                    • xxxoutsourcing
                      Confirmed User
                      • Oct 2003
                      • 3888

                      #11
                      better start nighttrading

                      xxxoutsourcing.com
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                      Comment

                      • smproduction
                        Confirmed User
                        • Jan 2003
                        • 508

                        #12
                        Originally posted by aflex
                        im 20000 shares into this company and it keeps dipping then spiking... im going crazy
                        How much do you spend daily for commissions?
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                        Comment

                        • L0stMind
                          Confirmed User
                          • Sep 2002
                          • 1681

                          #13
                          hahahaha, you bought the spammed stock!

                          hahahahahha

                          http://cashcore.com
                          - Make Money.
                          http://ezprovider.net - Hosting.

                          Comment

                          • Pleasurepays
                            BANNED - SUPPORTING TUBES
                            • Aug 2002
                            • 11913

                            #14
                            Call gamblers anonymous. You can get help in 12 easy steps.

                            Comment

                            • rowan
                              Too lazy to set a custom title
                              • Mar 2002
                              • 17393

                              #15
                              Originally posted by L0stMind
                              hahahaha, you bought the spammed stock!

                              hahahahahha
                              LOL!

                              I'm no trading expert but I have wondered before whether it's worth taking advantages of those scam emails - they spam people to drive up the share volume and price, right? If you get in early enough then you could make some nice $ within a day or two. Of course you are profiting from all of the idiots who think the stock is as hot as the email says...

                              I had a quick look through my spam folder and many of the stocks spammed climbed sharply upwards around the time the email was sent.

                              Not much point for me doing it since I'm not in the USA, trading US shares costs more in fees and the potential profits get eaten up by the falling US dollar...

                              Comment

                              • liquidmoe
                                Confirmed User
                                • Mar 2002
                                • 4994

                                #16
                                All short term stock investment is pure gambling, even something that's longer than day-trading is still on par with gambling.

                                Take Luck!

                                Comment

                                • cluck
                                  Confirmed User
                                  • Dec 2002
                                  • 5248

                                  #17
                                  Get quotetracker and a good feed.

                                  Oracle has done very well the past 2 days BTW, I'm just waiting to cash in on the decline
                                  icq 279990726
                                  www.mcdonalds.com <- great money making opportunity

                                  Comment

                                  • L0stMind
                                    Confirmed User
                                    • Sep 2002
                                    • 1681

                                    #18
                                    Rowan, I think you are correct. Spammed stocks tend to climb sharply and then drop pretty quickly.

                                    Might be interesting to buy into the spam early and see if I could make some profit. Since I get spammed almost daily with great stock deals (heh) I could probably just bounce a few bucks around for a week or two and see how I do...

                                    http://cashcore.com
                                    - Make Money.
                                    http://ezprovider.net - Hosting.

                                    Comment

                                    • cheese
                                      Confirmed User
                                      • Jul 2002
                                      • 239

                                      #19
                                      Cut your losses Cut your losses Cut your losses
                                      That's all I can say.

                                      USE STOP LOSSES!!!
                                      Don't keep "averaging down" just because you don't want to take a loss. You have to ask yourself why you're averaging down. Don't be scared to cut your losses and move on.

                                      If you don't use stop losses and your goal is to make money off EVERY trade, you will not make it as a daytrader.

                                      Once you master the art of NOT loosing money daytrading, the profits will just take care of themselves. Most people get into daytrading trying to make money when you should be trying not to loose money.

                                      Like I said before, once you master the art of NOT loosing money, you'll make bank!
                                      blah blah blah...

                                      Comment

                                      • cheese
                                        Confirmed User
                                        • Jul 2002
                                        • 239

                                        #20
                                        Originally posted by notjoe


                                        Buy low and sell high. If you're already in large to this company then buy lots of shares when it takes a dip then sell when it spikes as it'll bring your avg cost per share down and lessen your loses.

                                        Other that that daytrading is like, so yesterday!
                                        hehe yea
                                        make sure you have your fingers crossed when "averaging down"

                                        hey, aflex. Sell u dipshit! Learn from your mistake and never do it again
                                        blah blah blah...

                                        Comment

                                        • assneck
                                          Confirmed User
                                          • Aug 2001
                                          • 220

                                          #21
                                          vrmd.pk

                                          thank me later
                                          Ultimate Topsite System

                                          Comment

                                          • Dveron
                                            Confirmed User
                                            • Dec 2002
                                            • 2794

                                            #22
                                            Originally posted by aflex
                                            IBZT check it out
                                            Took a nice dip today..
                                            Last edited by Dveron; 01-08-2004, 04:51 PM.
                                            Adult Comics Club - Updated Bi-Daily. 60% Recurring Payouts. Exclusive Comic Content.

                                            Comment

                                            • hudson
                                              Confirmed User
                                              • Jul 2003
                                              • 2948

                                              #23
                                              just remember the "greater fool theory"...that there's always a greater fool that will buy your shares off of you.

                                              this works going up, but it also leaves you holding the bag when the game is up

                                              Comment

                                              • griffin
                                                Confirmed User
                                                • May 2003
                                                • 87

                                                #24
                                                Did you get out of this stock (IBZT) yet?
                                                The PornDojo

                                                Comment

                                                • TheJimmy
                                                  ICQ- five seven 0 2 5 5 0
                                                  • Jan 2001
                                                  • 10747

                                                  #25
                                                  Originally posted by xxxoutsourcing
                                                  better start nighttrading




                                                  take some pills and use STOPS...
                                                  Investor with 5m - 15m USD to invest. Do you have a site or network of sites earning 50k - 200k a month income? Email your contact and preliminary data to: domain.cashventures (at) gmail.com....Please...no tire kickers...serious offers and inquiries only.

                                                  Comment

                                                  • RedShoe
                                                    赤い靴 call me 202-456-1111
                                                    • Feb 2001
                                                    • 14831

                                                    #26
                                                    I went all into QCOM last week. (good move?)
                                                    Any advice is greatly appreciated.

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                                                    Comment

                                                    • DR_PHIL
                                                      Confirmed User
                                                      • Oct 2002
                                                      • 4099

                                                      #27
                                                      qcom..nice ramp yesterday good move

                                                      watch out for vol slowdown next week for weakness

                                                      Comment

                                                      • aflex
                                                        Confirmed User
                                                        • Oct 2002
                                                        • 3127

                                                        #28
                                                        im still in IBZT, mostly in for long haul. i picked up more on the dip today at .031 its climbing now
                                                        self made mothafucka.

                                                        buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

                                                        Comment

                                                        • stocktrader23
                                                          Let's do some business.
                                                          • Jan 2003
                                                          • 18781

                                                          #29
                                                          Originally posted by aflex
                                                          im still in IBZT, mostly in for long haul. i picked up more on the dip today at .031 its climbing now
                                                          I used to love penny stocks. Who do you trade with?


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                                                          "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                          Comment

                                                          • griffin
                                                            Confirmed User
                                                            • May 2003
                                                            • 87

                                                            #30
                                                            Whats your total position in IBZT ?
                                                            The PornDojo

                                                            Comment

                                                            • aflex
                                                              Confirmed User
                                                              • Oct 2002
                                                              • 3127

                                                              #31
                                                              ameritrade

                                                              i really screwed up by jumping in this stock when i did, im fairly new to day trading and bought a high volume traded stock with thoughts of holding.. i didnt wait for dips like i should have so i'm locked in around .055 per share.. it should gap for monday though, lots of big news for this company.

                                                              38,000 shares
                                                              Last edited by aflex; 01-09-2004, 12:08 PM.
                                                              self made mothafucka.

                                                              buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

                                                              Comment

                                                              • webair
                                                                Confirmed User
                                                                • Feb 2002
                                                                • 8531

                                                                #32
                                                                take a look a siri sirus sattelite its been a winner for me thus far, i got in below a buck =))


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                                                                Comment

                                                                • assneck
                                                                  Confirmed User
                                                                  • Aug 2001
                                                                  • 220

                                                                  #33
                                                                  ibzt was on cnn a couple hours ago, here is a link to a vid of their product...

                                                                  http://randombling.com/ibiz/

                                                                  they are up for an award on tech tv which gets announced in less than an hour. if they win that will definately help this stock move up

                                                                  looks pretty hot. stock price is down over 50% last 2 days with the last trade today at .038. might be a nice entry point

                                                                  huge float, but i still think it will go up a lot next week, we'll see
                                                                  Ultimate Topsite System

                                                                  Comment

                                                                  • cheese
                                                                    Confirmed User
                                                                    • Jul 2002
                                                                    • 239

                                                                    #34
                                                                    Originally posted by aflex
                                                                    ameritrade

                                                                    i really screwed up by jumping in this stock when i did, im fairly new to day trading and bought a high volume traded stock with thoughts of holding.. i didnt wait for dips like i should have so i'm locked in around .055 per share.. it should gap for monday though, lots of big news for this company.

                                                                    38,000 shares
                                                                    Daytrading penny stocks with Ameritrade

                                                                    Man, I feel sorry for you. You will be broke very soon, don't worry. Just keep "averaging down" when trades don't go your way

                                                                    Are you holding? buying dips? daytrading? Make up your mind before you get into the trade, don't let the trade tell you what to do.

                                                                    Dude, take my advise. DUMP THIS PIECE OF SHIT, then paper trade for at least a month (no penny stocks), then get some good level 3 access and start trading slowly with your own money. Don't be afraid to take losses. Learn from your mistakes and move on. And most importently, don't get into daytrading trying to make money. Once you master the art of not losing money, the profits will just take care of themselves. Don't trade with emotion and the word "lucky" shouldn't be on your vocabualy.

                                                                    Have fun
                                                                    blah blah blah...

                                                                    Comment

                                                                    • aflex
                                                                      Confirmed User
                                                                      • Oct 2002
                                                                      • 3127

                                                                      #35
                                                                      "Daytrading penny stocks with Ameritrade"

                                                                      dont knock it, more people than you think do it.

                                                                      "Are you holding? buying dips? daytrading? Make up your mind before you get into the trade, don't let the trade tell you what to do."

                                                                      that was my problem, i fucked up, easy as that. 500 - 700$ loss wont kill me, but it sure as fuck taught me how to approach the market.

                                                                      right now, i'd sell it all off, but i do like their product and wont lose any sleep about holding the shares. so time will tell.
                                                                      self made mothafucka.

                                                                      buying premium domains & developed sites with revenue/traffic -> adaptweb at gmail.com

                                                                      Comment

                                                                      • bigdog
                                                                        Confirmed User
                                                                        • Jul 2001
                                                                        • 6964

                                                                        #36
                                                                        what is the success rate of daytraders these days?

                                                                        Comment

                                                                        • jerseygirls
                                                                          Confirmed User
                                                                          • Mar 2003
                                                                          • 219

                                                                          #37
                                                                          If you want to increase your success in daytrading:

                                                                          Try the FREE 2 week trial of this service. These guys make sick money every day. They have a chat room and online classes and more. I've traded with them and made some serious $$$.

                                                                          It's the daytrading equivelent of GFY.

                                                                          http://www.trendtrading.com

                                                                          Comment

                                                                          • KC
                                                                            Confirmed User
                                                                            • Jan 1995
                                                                            • 2417

                                                                            #38
                                                                            Originally posted by jerseygirls
                                                                            If you want to increase your success in daytrading:

                                                                            Try the FREE 2 week trial of this service. These guys make sick money every day. They have a chat room and online classes and more. I've traded with them and made some serious $$$.

                                                                            It's the daytrading equivelent of GFY.

                                                                            http://www.trendtrading.com
                                                                            They make money by selling their videos, books and website memberships. If it was as good as they would like you to believe, they'd never share the techniques and/or stocks to watch.

                                                                            Jupiter Hosting, Inc.
                                                                            Vice President, Business Development
                                                                            kc (AT) jupiterhosting.com

                                                                            Comment

                                                                            • Theo
                                                                              HAL 9000
                                                                              • May 2001
                                                                              • 34515

                                                                              #39
                                                                              exactly

                                                                              Comment

                                                                              • jerseygirls
                                                                                Confirmed User
                                                                                • Mar 2003
                                                                                • 219

                                                                                #40
                                                                                Hey,

                                                                                They do make money selling instructional stuff. SO WHAT!

                                                                                Have you ever tried them??

                                                                                They teach you how to make plenty of money and they have 100's of happy customers.
                                                                                They offer you a free trial, if you don't make money with the trial you shouldn't signup for service.


                                                                                It's no risk to check them out and won't cost you a penny.
                                                                                If you're serious about day trading check the site out.

                                                                                http://www.trendtrading.com

                                                                                Comment

                                                                                • KRL
                                                                                  Entrepreneur
                                                                                  • Oct 2002
                                                                                  • 31429

                                                                                  #41
                                                                                  I got heavy into day trading a few years back where it almost became a total obsession. I couldn't stop to get up to go and take a piss during the day thinking I might miss a good trade.

                                                                                  The rush you get is unreal. Almost to the point of scary as to the effect it as on you. I'd go to bed and couldn't wait to wake up in the wee hours of the morning and get on all the daytrading boards looking for action leads for that day.

                                                                                  Did well once I disciplined my self like in the above posts where you have to take your quick losses just like you take your quick gains. Staying in on a stock hoping it's going to bounce back is what kills you. Just set your + and - directions and don't deviate from them.

                                                                                  Watch the boards like a hawk. You can pickup great realtime info on things coming out that will make a stock move. Be sure to sort the bullshit posters from the guys who have real good info on a company.

                                                                                  Realize though most guys lose at day trading. I don't recommend it to anyone unless you have a significant capital base already and this is total 100% risk capital. DO NOT USE YOUR SAVINGS thinking you're going to double it in a day. You won't. You should have about $100,000 in fun money to do it right and with some degree of safety. But again, the odds are against you unless you are well disciplined, a total research hound, can committ the time, and have good gut feelings on things combined with analytical timing skills.

                                                                                  Invest in all the right software and online services and pay to join the the private message boards where all the players are.
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                                                                                  Comment

                                                                                  • bigdog
                                                                                    Confirmed User
                                                                                    • Jul 2001
                                                                                    • 6964

                                                                                    #42
                                                                                    Originally posted by KRL
                                                                                    I got heavy into day trading a few years back where it almost became a total obsession. I couldn't stop to get up to go and take a piss during the day thinking I might miss a good trade.

                                                                                    The rush you get is unreal. Almost to the point of scary as to the effect it as on you. I'd go to bed and couldn't wait to wake up in the wee hours of the morning and get on all the daytrading boards looking for action leads for that day.

                                                                                    Did well once I disciplined my self like in the above posts where you have to take your quick losses just like you take your quick gains. Staying in on a stock hoping it's going to bounce back is what kills you. Just set your + and - directions and don't deviate from them.

                                                                                    Watch the boards like a hawk. You can pickup great realtime info on things coming out that will make a stock move. Be sure to sort the bullshit posters from the guys who have real good info on a company.

                                                                                    Realize though most guys lose at day trading. I don't recommend it to anyone unless you have a significant capital base already and this is total 100% risk capital. DO NOT USE YOUR SAVINGS thinking you're going to double it in a day. You won't. You should have about $100,000 in fun money to do it right and with some degree of safety. But again, the odds are against you unless you are well disciplined, a total research hound, can committ the time, and have good gut feelings on things combined with analytical timing skills.

                                                                                    Invest in all the right software and online services and pay to join the the private message boards where all the players are.

                                                                                    good info
                                                                                    what online brokers do you recommend?

                                                                                    Comment

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