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WOW I got some great news today. I did my real time trade after the market closed yesterday so it did not go through until the market opened again today. They opened at 1.97 a share, This means rather than the $1,700 or so I thought I made yesterday after commission I actually made $5,250.04 after all commission. Thats 2 months pay in one day for doing nothing woohoo. I went to snatch my money this morning witch was about $8,700 and almost choked when I saw my money market fund had over $11,000 in it. Thank god for after hours trading lol.
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wow
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Your telling me. If I could reproduce this a few times a year I would quit my job lol Unfortunately its just the luck of the draw and taking advantage of horable markets.Comment
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I really like the fact that you are grounded.
In a different forum, someone is bragging how they are "making" a ton of money trading, and is strutting around as though they know all the answers.
When I pressed for more details on his trades, he would not give out any, but did admit that he's been trading for only a year. Ok....
Reminds me back in my martial arts days. One of my instructors used to say that there are two kinds of people that will seem like they know what they're doing. Masters and beginners....Comment
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while I am the first to admit this is all a game to me albeit a risky one. The market make make millionaires and destroy life's all in one day. I got lucky, I have been actively investing for about 6 years. I lost a ton of money in the beginning listening to other ideas of how to invest. Now I do it my own way and take other suggestions with a grain of salt. I see people all over loosing there life savings while mine keeps growing. I would say in the past year I have been extremely successful in the market, I contribute this to the law of attraction and following my gut and making smart decisions. I no longer toss money around like its candy but rather go over all the finantial report, assets, liabilities growth rates and really scrutinize things before jumping in to deep. If you will remember the beginning of this thread everyone for the most part didn't have to much good to say about this investment but look now. I can just about buy a fairly new car with cash of one days gains. As I said before though this is a very very risky business. Rather than doing the chicken dance I could be crying now and get served with divorce papers for loosing 6K of our savings. It worked out this time but I think my days with AIG are now over. I highly doubt I could duplicate the success I have seen with them. My original 630 shares are still invested and the 283 buck investment is over a thousand dollars now and I will let that ride but as far as dumping thousands of dollars in them again, no thanks. I will be looking for the next good deal.Comment
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Everyone says oh this is just gambling, and I sort of agree with them, except...We have lost over $150,000 in the past year in our stock heavy 401k. I am having a hard time saying your bet was a gamble and mine was an investment...
Congrats!Comment
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Sad but true. Very good point.Originally posted by KTP View Post
As I posted in another thread, I made a $950 profit on BAC in about 3 weeks. That's a bigger gain than we got from almost all of our investment accounts last year.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.Comment
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I really can feel for you. I treated my 401K as a "get it and forget it" kind of thing. I was invested 50% high risk-25%med risk and 25% low risk I didn't even put one and one together when the economy went to hell and before I acted I lost 60% of everything. I have now transferred to 100% low risk "sf guaranteed" and have built up about 40% of those losses but still 20% down. I am one of the lucky ones though as my 20% down is way over shadowed by those that lost so much more.Comment
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I know the minute I pull out of stocks and index funds in my 401k there will be a 15% to 20% recovery in the market and my bonds or whatever will be earning 2% or something. I have horrible luck, so I am just leaving everything and buying more.Comment
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