stockmarket guru's

deviate

deviate

Club Member
well you dont need to be a guru, just have done it before.


i have about 650 bucks of overtime this week that ive been thinking of taking the gamble of ford stock.

im unsure of transactions fee's etc...


but theoretically speaking $25 flat rate fee would leave me 625 to dump at 1.75 a share (est. value) which is 357 shares.


now if im not on a cumputar regularly. but is there a way to set a reserve so that if for some reason it hits a rediculous high i can sell as soon as it hits that high?

at $3 i would be at 1071. the odds of that happening are slim to none, and it just seems like you need some real money in to see a substantial return
 
I haven't purchased any stocks on my own, but with the volatility of the market, and how Ford stock has been, I wouldn't be suprised if you ended up loosing money. I don't think short term returns can be counted on in the auto industry right now.
 
Yes, it's called a limit order. You can define a sell order for both a low and a high amount. I use TDAmeritrade, FWIW.

Personally, I won't touch a stock that cheap as institutional investors (mutual funds for example) usually will not buy a stock that cheap, and it's their big purchases that drive up the cost..

If you have an extra few hundred bucks burning a hole in your pocket I'd either set it aside for a rainy day or use it to pay down debts. :cheers:
 
yeah, you would be better off taking it to the casino..
Why buy it now when you have no idea if this is the bottom..
Never try to predict the bottom, Wait until it turns around then buy..
Unless your in it for the long term then it doesn't matter, buy as much as you want..
 
speaking of casinos... it may not be wise, at least in vegas.

I know someone who works on the slots in vegas for various places and he said that since vegas is doing so bad right now they are actually changing the odds to even better favor the casinos. quite ridiculous but i know most here dont play slots...
 
Stuff it in your matress and it on it fo a while. Buckle up folks it looks like we are in for a bumpy ride.
 
I pretty much make my money from the market right now. If you are new, stick with basic trading for now and get to reading. I suggest tickerforums.

The market isn't much different from gambling. I'm cleaning house betting on a failing market.

SDS
RRZ
SPY

If your looking to go long by a few aapl shares and hold on for a few months. Expectations are low across the board and Apple should kill estimated earnings in the next round. Like stated a stock that low sometinmes will have a hard time selling becasue a price increase is a large option purchase.

Etrade will let you in with $50 if that's all you have.
 
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