The Investment Thread

  • Thread starter Thread starter LA
  • Start date Start date
blackcaesar3k5 said:
Do any of you guys buy invest into small-cap companies???
Click to expand...

How small are you talking? Penny stock companies? I don't like to hold those because of their extreme volatility. They do make great use for day trading if you have a margin account. I wouldn't use much money to do so. More Often than not, they will take your money. Do so with extreme caution.
 
LA said:
How small are you talking? Penny stock companies? I don't like to hold those because of their extreme volatility. They do make great use for day trading if you have a margin account. I wouldn't use much money to do so. More Often than not, they will take your money. Do so with extreme caution.
Click to expand...

Penny stock is equivelent to unearthing a scratch and win in a dark room.
 
FRESH said:
all the time and efort ehy put into those could be spent reaping benefits from higher yielding investments.
Click to expand...

Well it depends on what you consider high yielding. Short selling has less tax liability and in this strike it rich quick culture its the easy way to do it. I'm a longer term investor, I'll hold a stock for years if I believe in it. I still have an adhesive stock I bought when I was 24 because I believe they'll be big one day and I got them early on. I think too many people just lack patience these days.
 
MrFantastic said:
Well it depends on what you consider high yielding. Short selling has less tax liability and in this strike it rich quick culture its the easy way to do it. I'm a longer term investor, I'll hold a stock for years if I believe in it. I still have an adhesive stock I bought when I was 24 because I believe they'll be big one day and I got them early on. I think too many people just lack patience these days.
Click to expand...

I believe in playing both sides of the coin, I want and need money now, so go big, risky, and fast. But, a smart man would also leverage his portfolio naturally, and go another way--usually long.
 
JAYKLEN said:
Never daytrade man, that is for fools who watch as their money is taken.

It's high risk so you might head to vegas as well. :rolleyes:
Click to expand...

My part time job at the time, while in school was at a trade desk for an online brokerage firm...yeah, i saw what happened to the day traders. Oh, and don't forget all the capital gains taxes you are gonna have to pay to uncle sam too, on top of the per transaction fees that the brokerage firm is gonna charge you.
 
FRESH said:
I believe in playing both sides of the coin, I want and need money now, so go big, risky, and fast. But, a smart man would also leverage his portfolio naturally, and go another way--usually long.
Click to expand...

The surest way to success that I've personally seen is work for someone else and earn a high salary and live on half of what you earn while you invest in long term sure fire investments and buy some rental properties. It might be a 30 year road and won't have a yacht in your 20s or 30s but you will be a millionaire in your 60s with sturdy assets.
 
BigBrotherWise said:
Just did. Good post, by the way.
Click to expand...
If you'd like to, you could signup for a brokerage and do everything to get started on investing with this system.

We'll have to communicate on skype since there's a few files I need to send to you but I can't do it on here.

Right now it appears that the EUR/USD is trending upward and the system requested for me to place a buy order. The take profit point for that currency pair is 1.46138 (projected to hit), so the account should gain about $10 - $11 early next week.
 
Last edited:
Is it wise to put money into the account in the double digits when you start or triple digits?

Mikey said:
If you'd like to, you could signup for a brokerage and do everything to get started on investing with this system.

We'll have to communicate on skype since there's a few files I need to send to you but I can't do it on here.

Right now it appears that the EUR/USD is trending upward and the system requested for me to place a buy order. The take profit point for that currency pair is 1.46138 (projected to hit), so the account should gain about $10 - $11 early next week.
Click to expand...
 
BigBrotherWise said:
Is it wise to put money into the account in the double digits when you start or triple digits?
Click to expand...
I would say $100 is the maximum you should put in when you start. Usually, if you start off with less money, you should trade for lower profits, and there would be lower draw down on your account. You could do this by changing the time frame settings in the trading platform.

You would also need a VPS (Virtual Private Server) to host the trading platform on.
 
Thank you for the advice.

Mikey said:
I would say $100 is the maximum you should put in when you start. Usually, if you start off with less money, you should trade for lower profits, and there would be lower draw down on your account. You could do this by changing the time frame settings in the trading platform.

You would also need a VPS (Virtual Private Server) to host the trading platform on.
Click to expand...
 
You must log in or register to reply here.
Back
Top Bottom