the stock market is kind of like gambling tho, why not just go down to the casino?
― bandcamper van beethoven (Edward III), Thursday, 2 June 2011 19:19 (thirteen years ago) link
http://cbreviewelite.com/wp-content/uploads/2011/05/Extreme-Day-Trading-300x181.jpg
― buzza, Thursday, 2 June 2011 19:20 (thirteen years ago) link
I have an advantage on the stock market because of who I am
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:22 (thirteen years ago) link
a short-sighted fool who makes regrettable decisions?
― del griffith, Thursday, 2 June 2011 19:26 (thirteen years ago) link
captainlorax if thats all you have make sure to use stop losses
― just sayin, Thursday, 2 June 2011 19:27 (thirteen years ago) link
The stock market isn't 100% chance. If I was rich I would be able to make a decent yearly salary just by having my foot in the market. Our stock market isn't crashing anymore. Obama is one of the biggest corporatist presidents our country has ever seen. And it's no secret that lobbyists run our congress. Corporations get the biggest tax breaks of them all.
how do you think any of this benefits someone w/ $750?
― iatee, Thursday, 2 June 2011 19:27 (thirteen years ago) link
it doesn't. stop harshing my buzz.
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:29 (thirteen years ago) link
if I do good on my own... maybe I can get some people willing to let me invest their money
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:31 (thirteen years ago) link
have you considered applying for a job instead
― low-rent black gangster nicknamed Bootsy (DJP), Thursday, 2 June 2011 19:31 (thirteen years ago) link
Lorax were you the one who shorted the airline stocks on sep 10
― I hate myself for lovin' HOOS (rip van wanko), Thursday, 2 June 2011 19:33 (thirteen years ago) link
I apply to jobs everyday (if I'm not depressed or irritable). Unemployment has been the leading cause of my depression over the past few years
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:33 (thirteen years ago) link
xp no I wasn't. but the group that shorted the airline stocks are among an outlier that is incredibly significant
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:35 (thirteen years ago) link
stock market tip: loiter by a stock exchange looking poor and if you are lucky, two rich old dudes with elevate you to wealth in an elaborate wager
― Roberto Spiralli, Thursday, 2 June 2011 19:37 (thirteen years ago) link
stock market tip: don't spend your last few hundred dollars on the stock market
― del griffith, Thursday, 2 June 2011 19:38 (thirteen years ago) link
are stock options the same as put options?
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:40 (thirteen years ago) link
"If you want to make lots of money in 6 months to 1 year, then I highly suggest that you buy HDY right now."
care to make this... interesting?
― Philip Nunez, Thursday, 2 June 2011 19:41 (thirteen years ago) link
are you just trolling us at this point?
― iatee, Thursday, 2 June 2011 19:41 (thirteen years ago) link
options are calls (long) and puts (short)
― I hate myself for lovin' HOOS (rip van wanko), Thursday, 2 June 2011 19:42 (thirteen years ago) link
xpp, sure Philip. Buy HDY. And if your profits don't increase over 10% then you win. Otherwise I win
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:43 (thirteen years ago) link
his profits
― iatee, Thursday, 2 June 2011 19:46 (thirteen years ago) link
I think I once saw a stat on day-trading that 90% of them lose money, 8% break even, 2% make money.
― bnw, Thursday, 2 June 2011 19:46 (thirteen years ago) link
10% over one year is pretty good if risk is small, but why not shoot for moon?e.g.if HDY doubles within one year, winner pays ILX's server costs for that year, otherwise loser does.
― Philip Nunez, Thursday, 2 June 2011 19:48 (thirteen years ago) link
lorax, as much as i want you to go into day trading with your last $700 for my own amusement, please dont
― ☂ (max), Thursday, 2 June 2011 19:50 (thirteen years ago) link
it's already down to $700???? damn
― iatee, Thursday, 2 June 2011 19:50 (thirteen years ago) link
Buy two shares of AAPL.
― what made my hamburger disappear (WmC), Thursday, 2 June 2011 19:52 (thirteen years ago) link
my parents pay for my food and lodging in iirc
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:53 (thirteen years ago) link
lorax you should read this book
http://www.amazon.com/Random-Walk-Down-Wall-Street/dp/0393315290
― ☂ (max), Thursday, 2 June 2011 19:54 (thirteen years ago) link
― Muttley vs. Mumbly (CaptainLorax), Thursday, June 2, 2011 3:22 PM (31 minutes ago) Bookmark
<3
I believe in you Lorax but for Christ's sake save that $.
― \(^o\) (/o^)/ (ENBB), Thursday, 2 June 2011 19:54 (thirteen years ago) link
this money doesn't mean that much to me you guys
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:55 (thirteen years ago) link
then try intrade or sports betting
― iatee, Thursday, 2 June 2011 19:56 (thirteen years ago) link
― Muttley vs. Mumbly (CaptainLorax), Thursday, June 2, 2011 2:55 PM (36 seconds ago)
cool, I'll give you $400 for it
― what made my hamburger disappear (WmC), Thursday, 2 June 2011 19:56 (thirteen years ago) link
I placed a bet for a friend once whether Nacho Libre would have a better opening than Fast & Furious: Tokyo Drift, and it was pretty fun, and I'm willing to some extent to repeat this for an ILX stock bet throwdown, if y'all are interested -- there's a way to do it that no one ought to risk any money, and if I do it right, I'll come out marginally ahead in most cases.
― Philip Nunez, Thursday, 2 June 2011 19:57 (thirteen years ago) link
the stock market is less risky than sports betting (imo)and just looking at intrade and uhh this is interesting but way too weird for me to join
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 19:59 (thirteen years ago) link
...
― I hate myself for lovin' HOOS (rip van wanko), Thursday, 2 June 2011 20:00 (thirteen years ago) link
you might live w/ your parents right now but one day you won't (hopefully...) and then you will want to buy food and have to pay rent and when that day comes $750 will be very useful
― iatee, Thursday, 2 June 2011 20:05 (thirteen years ago) link
That day won't come until I have a job. and when I have a job I'll have a salary
plus, I'm not gonna lose money in the stock market
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 20:09 (thirteen years ago) link
you should use the money to take a class
― bnw, Thursday, 2 June 2011 20:10 (thirteen years ago) link
invest... in yourself!
lorax, what do you hope your life looks like in ten years time
― http://en.wikipedia.org/wiki/File:WhiteAmericanFolks.jpg (nakhchivan), Thursday, 2 June 2011 20:11 (thirteen years ago) link
i think the really a+ securities traders have a clear sense of what they intend to be doing when they have made $x, $y
― http://en.wikipedia.org/wiki/File:WhiteAmericanFolks.jpg (nakhchivan), Thursday, 2 June 2011 20:12 (thirteen years ago) link
In ten years I'll probably have a wife and a job. If I have time/funds I'll try to make a graphic novel, children's book series or a screenplay.
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 20:15 (thirteen years ago) link
may i ask, what is your educational/professional background? of course, everyone starts somewhere and financial institutions hire from many backgrounds
― http://en.wikipedia.org/wiki/File:WhiteAmericanFolks.jpg (nakhchivan), Thursday, 2 June 2011 20:18 (thirteen years ago) link
nonetheless, while an individual's success is hard to predict, areas of expertise are indicative of the way different traders behave
― http://en.wikipedia.org/wiki/File:WhiteAmericanFolks.jpg (nakhchivan), Thursday, 2 June 2011 20:20 (thirteen years ago) link
I know this is probably all a joke, but in case it's not, I wouldn't feel right not responding to this. If you really have any interest at all in doing those things FFS do them now while you don't have a wife and a job and you're living rent free! Don't waste your time playing around with day trading.
― unmetalled world (wk), Thursday, 2 June 2011 20:23 (thirteen years ago) link
I have a B.Sc. in Statistics from a top rated university
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 20:30 (thirteen years ago) link
day trading isn't necessarily more detrimental to those things than say, an xbox!(but an xbox probably would be pretty detrimental to those things.)
― Philip Nunez, Thursday, 2 June 2011 20:30 (thirteen years ago) link
I currently do not have the drive for those creative endeavors that I mentioned... there is many reasons for this but I will hopefully get my drive back once a job adds some structure to my life
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 20:33 (thirteen years ago) link
If you really have any interest at all in doing those things FFS do them now while you don't have a wife and a job and you're living rent free!
This is a very good point!! Creative work takes a lot of time.
When my dad was day trading we woke up every day hearing him yell "SHIT!" at the computer. Probably would not have started the day out like that if he was making a graphic novel.
ha xp
― free inappropriate education (Abbbottt), Thursday, 2 June 2011 20:34 (thirteen years ago) link
http://en.wikipedia.org/wiki/File:Laying_on_of_hands.jpg
― bandcamper van beethoven (Edward III), Thursday, 2 June 2011 20:35 (thirteen years ago) link
xpor if he had sold all his stock at the end of the previous day
― Muttley vs. Mumbly (CaptainLorax), Thursday, 2 June 2011 20:35 (thirteen years ago) link