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the new way to play - and make an oldfash7% every week - is probably; Invest in stock you BELIEVE in that recently ipo'd and took a dive

Posted by: JMT (a.k.a JMT-NL) on Jan 09, 08:41

and took a dive in this strange market. f.i. a new Angelina Jolie or Sandra Bullock starrer, of which you have a sure feeling it will be made, and wait for the day that stock sinks $5 or $7 ... then BUY. and sell it when your profit meter says 10 % . repeat this every time it happens. Only invest in those 'sure bets' according to your own gutfeeling.

Sorry if this brings out a big 'DUH !' if you read this. But my feeling is - if you don't want to daytrade 24 hrs a day - focus on the long term view... and play the market only on your favourites

the new way to play - and make an oldfash7% every week - is probably; Invest in stock you BELIEVE in that recently ipo'd and took a dive JMT Jan 09, 08:41

you might also try... Ramdadof3 Jan 09, 09:47

Well I'm not a day trading monster. scotty Jan 09, 09:54

You've traded over 8 million shares today alone so I find that hard to believe. secretstalker Jan 09, 09:57

you can believe what you like but it was all done in 35 minutes {nm} scotty Jan 09, 10:00

You're trading stocks on your expectation of what they'll do in the next 24 hours, not their long-term. That's a day-trader. RogerMore Jan 09, 11:29

i trade stocks at reset only so I would say that makes me a reset trader {nm} scotty Jan 09, 11:31

I think we need a Venn diagram here {nm} RogerMore Jan 09, 11:55

Wow... the changes don't seem to affect you at all. I tried your method... and still ended in red at the end of the day {nm} JMT Jan 09, 09:57

wasn't calling anyone a monster... Ramdadof3 Jan 09, 09:58

8am fort me in UK {nm} scotty Jan 09, 10:02

sorry...correction Ramdadof3 Jan 09, 09:54

How much moviestocks in your portfolio ? {nm} JMT Jan 09, 10:04