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Originally Posted by birdmanx1
Of course Tibal, the more we are the merrier it gets Glad you are getting some nice upwards trends on your investments. Again, short term wise, there is great potential for some positive gains; however, it's all hard to factor in what the upcoming election has to do with this, there is usually a Christmas bump. We still don't know what will come out of Greece, Spain, Italy. We still don't know what will come January 1st 2013 (IF THE WORLD DOESN'T END DEC 21 2012 LOL) with the sequestration so... those are things to keep that in mind.
Too many things in this market to make it predictable. Company does well, stock goes down, company does bad stock goes up
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Couldnt say it better myself. I just LOVE how playing with these pennies has made me realize that is 100% true. It seems that off news days are the ones where I can actually make some profit, but BAM the morning of news they will go up then are slammed right down by the MMs. I guess its all about knowing how to play it right.
Quote:
Originally Posted by Rui Z
I just started trading earlier this year. It's been fun. Still trying to decide if I want to be a day trader or swing trader. I currently play mostly biotech stocks.
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It could be very lucrative to become a day trader, but at this point I think I just don't have enough faith in my moves, on top of not keeping up with it enough.
Easy to become a fully time job if one is really into it. Thats why I just stick to long term stocks and hold my positions. Sucks when you see negatives
, but once it goes up, hopefully well worth it.