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The Big Money Thread...


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Ok, on Feb 3/06 i posted here to buy AMZN @38. I was a couple days early, but it's no 39+

Today i was watching CNBC and if i were still trading i'd be taking a high margin S&P short around 1287 - 1295 in the next couple days. Mind you Monday and Tuesday could be good days for the market so the short might be a bit early, but good all the same!

Anyone else follow the markets!?

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Ok, on Feb 3/06 i posted here to buy AMZN @38. I was a couple days early, but it's no 39+

Today i was watching CNBC and if i were still trading i'd be taking a high margin S&P short around 1287 - 1295 in the next couple days. Mind you Monday and Tuesday could be good days for the market so the short might be a bit early, but good all the same!

Anyone else follow the markets!?

I play with it. No big investment i'm doinf cents. I got a stock that I bought for 0.35 cents, now its gone down to 0.16 cents not good. I'm leaving it until it gets to zero or $100.00 bucks a share. I got around 2k plus of civx stock. Time will tell.

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I'm a market timer more than an investor.. to each their own.. but the most important rule i can give anyone in the market is BE DISCIPLINED... cut your losses!

I agree you really need to set yourself rules, greed can became your enemy. Being an investor as in a shareholder or a trader, (not a saver which I think you ment) market timing is key and all good investors time the market whether it be long term or short term.

I read/heard this somewhere once, I can't remeber where however I stuck with me and thought it was quite funny. It has been found that most traders will react like this. This is coming from a stockbrokers and their experience with customers.

John buys X shares at Y price.

The stock drops 50% : John exists and after a week it's down another 50% = John is happy

The stock jumps 50%: John exists and after a week it jumps another 50% = John is upset

:blink:

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