Anyone here play the stock market?

[cyphix]

Make any cash? Need to invest a lot to make any decent cash? I gather it is very time consuming to make anything decent as well?

 

[NameTower]

I used to..

nothing big.

Just wanted to test it all out.
I think I doubled my money in a few months, but it was prolly all luck

 

[stevo]

I watch the market every day. Made some, lost some. Looks to be a bad day today. Terrorist bombings in Spain have caused concern worldwide.

 

[cyphix]

Well the way I see it is to make any decent money you would have to sit their all day & watch it.

Just say you bought 1000 shares @ $5 a pop ='s $5k.... shares go up to $5.20, so up .20 cents a share.. your profit ='s $200... not a whole lot for $5k down... if you're sitting there all day you can be watching & changing it around all day I suppose to make the most of the swings.

 

[Ed30]

Well the way I see it is to make any decent money you would have to sit their all day & watch it.

Just say you bought 1000 shares @ $5 a pop ='s $5k.... shares go up to $5.20, so up .20 cents a share.. your profit ='s $200... not a whole lot for $5k down... if you're sitting there all day you can be watching & changing it around all day I suppose to make the most of the swings.

Don't forget the broker's fees, they will eat into any profit and worsen any
loss.

Spread betting looks fun (and dangerous).

 

[StockDoctor]

A little guy can make better returns right here by developing sites.

Forget the stock, bond, options, futures, annuities etc etc market.

I know what I'm talking about, and forget anything anyone says differently.
Doc

 

[Nexmax]

I was a trader for several years. With some decent money you can make a good living. You can really get lost in charts, analysis and news if you dont watch out. If you have $100,000 or 2 its not too bad to make a good living. Its by no means fun or exciting. The valuations and manipulations are maddening. You on near the bottom of a very long road with a steep curve. My old site has some good traders on hit but most or just novices. In nearing 20 years in the market and the reader of near 500 books, my best advice is beware. There are VERY VERY good traders or investors. The market is also always changing so what works great one year will get you head handed to you in the coming years.

If I had $200,000 grand again I would be a short term position trader of stocks only. Sadly the game is more rigged than you could or would believe and thats one of the main reasons I got out of it. Trade the charts, and cut losses quick.

 

[cyphix]

Good info.. thanks to all of you!

It just looks interesting & I was interested in giving it a shot one day heh

 

[RMF]

I haven't, but I wish I did a few years ago. A lot of my family got into it and did very well.

I wonder if Google will make anyone rich?

RMF

 

[Bob]

I have about 35k tied up in stocks right now. I usually invest LONG-TERM. I have stocks that I like to follow and I typically know their price ranges. When the price gets (what I consider to be) low, I buy and hold. I do NOT day trade an dry to make the quick buck overnight.

Futures - well, heh, that is always a short-term endeavor. ;-)

-Bob

 

[Domainaholic]

http://www.fool.com - Do not be fooled by the domain, I recomend it to anyone interested in stocks.

 

[Bob]

http://www.fool.com - Do not be fooled by the domain, I recomend it to anyone interested in stocks.

www.fool.com ROCKS.

Good suggestion Domainaholic.

-Bob

 

[options]

Due to much higher house advantage(s) it's much worse than gambling, having the same random chances.
Go back to Stocdoctor's post and read it carefully again.

And if you really, really want to do it, I would recommend spending some time learning about convertible bonds (including options' or other hedging).

 

[lopramine45]

penny stocks: double or nothing.

 

[Keith]

I have been interested in the stock market. I have been thinking about possibly playing it some. But I think its just too risky, I'd have to have quite a bit of extra money before I consider it.