Who here invests daily in the stock market?
 

Do you trade all day and try to make big gains in very short term? What are some strategies you use to be successful? What are some tips NOT to do or some tips to save money?

i don't believe in the big money in short term...
i go for solid investments ...

I've read that stock exchange markets are as predictable as casino gambling.

day trading is for the birds...........just stick money monthly into an account and watch it grow!

I have both - trading stocks that I buy to sell when it goes up enough to get a decent profit, usually within a few days or a few months at most - and investment stocks that I plan to keep for several years. I research the companies before I put a dime in their stock. Then I pick those that interest me and watch prices for a while to see how they do. Once you've done your homework, biggest mistake you can make is to second guess yourself. Patience is the key, don't panic because the stock goes down if nothing in the company has changed. Stay on top of the news always.

I found that if you sit at the computer and watch stock prices all day, you can buy shares in the morning and sell them the same day or within a few days at a pretty good profit. You can make a lot of money buying and selling the same stock, just know when to quit and when to move on to another. You have to know your stocks to do that though, some go up and down a fair bit every day without fail, others move very slowly in one direction or the other.

That's my strategy and it works well for me.

Good luck!

Missie

always think longterm

Buy 5 to 10 different stocks in different sectors.

Make sure you're diversified, both in sectors and capital distribution.

Buy and sell your positions in increments.

go long oil

its good to put you money into googles but you would need alot of money. BUy 100 stocks right now and in 6 months take it out you should be gaining $5k - 7k.

what's the approx. google share price?

Right now its $468.03. Once the stock market opens today price will change.

its goin down so buy :)

where do you buy/sell stocks guys? Are there any specific site that does that, or you have to do it personally?

well its either YOU doin it or the bank that has a mixed fund.

Check your local bank, they have mixed funds, less profit less risk as well.

So far no good advice... what did i expect

Takes a lot of work and time.

Read Graham's "The Intelligent Investor"

Read Warren Buffet's letters to shareholders.

Read lots of annual reports. Learn the ins and outs of various industries (beer, cola, athletic shoes, whatever). Read them forward through time to see where and why forecasts of earnings were optimistic or overly pessimistic.

Hi there,

I'm not a specialist in this sphere, of course, but here is some info I found:

There are several most widely spread strategies: first is to try to evaluate the price of the company, this requires a lot of analytical skills and some economic background. After that you can calculate the approximate value of the stock and compare it to the current value. If the current value of the stock on the market is lower than the one you got then the stock is underestimated and you should buy it. If it is higher then it is overestimated and you need to sell these stocks.

The other approach is to find a very alike company and try to analise how the stocks rate rises or falls there and based on this you can make some predictions.

The third approach, a very popular one, is the approach of "A housewife". When a person hears that the stock value of a company "A" has doubled since last month, he goes and buys these stocks. The problem here is that the information they get is a bit outdated and they buy stocks when all the rest are selling them.

My best friend's husband does it, but he worked for Dean Whitter for 20+ years before going out on his own. He does DAMN well but I have no idea what his strategies are other than just knowing the market.

There are at least 2 others in THIS biz who come from the stock market industry who also do very well day trading. It's not for the weak or untrained, IMO.

I think Serge plays a bit too, but it's more a chess game to him ;)

Every day investing?That requeire a lot of moonies.

daytrading

you can start with 10 bucks if you want

Any good resource sites?

I don't daytrade but gurufocus.com is a site I like for INVESTING.

Lars does some trading.

investopedia.com for basic beginners stuff, I found that useful when starting out.
thestreet.com and marketwatch.com for commentary
thekirkreport.com is a good market blog with informative link posts

As far as advice goes, here is a link to my blog on the subject

hope this helps

I brought ATI a couple of months ago and made a good profit. If I had stayed longer I would of been having a huge profit. Right now I am looking to buy "mama" and wait till it goes up. This company goes up and down alot so buy cheap sell big.

Nice blog, I like the concept and the design & content goes together real well...:thumbsup