Trading-Investing

[driftwood2]

I've spent a couple of years studying trading and view it as thus:

To be consistently profitable it parallels playing poker in that it requires extremely good skills and expertise, it's very subjective, it requires lots of patience, must be able to read the unseen and lots of luck. Less than 10% of all poker players are consistently profitable which is about the same for traders. Message is this is not easy.

It is the arena of the modern snake oil salesman selling black boxes, software, seminars for thousands and thousands of dollars that most do not recover 1/4 of what they paid. I have seen several people spend thousands that still are not profitable.

Learn Technical Analysis and avoid bear markets they say yet none has consistently predicted the market, hence, voodoo analysis. It only appears to predict.

Companies and Wall street release Information designed to mislead, creative accounting that hides the facts with grossly over paid exec's using the company as their Christmas tree = a **** shoot.

If it was easy, Fund managers would be beating the S&P-500 but most do not.

If you are an investor or trader doing better than 20% a year I would like to hear from you.

[BondBroker1]

Consistantly doing better than 20% per year is a little far fetched but you can consistantly profit from bonds. There's a lot more to bonds than most people realize It's not just a coupon, rating, and maturity date like most people think. There are risks other than credit quality that you can take that will put you in the 8% range with AAA rated bonds. Saying all this you need to remember that bonds and CDs are some of the only investments that give you your interest at predetermined dates and have a contractual agreement to give you all of your money back when they come to maturity. Mutual funds do not have this agreement and of course, stocks don't either.

[Bill Fisher]

If you are an investor or trader doing better than 20% a year I would like to hear from you.
what is it that you want to hear?

[galvetraz]

Hola! IMO assuming you could pick up FRPT for $22 as share you could make over 40% at open Thursday morning when they jump from the pinks to the NASDAQ. IMO this stock will go over $30 pr. share then liquidate. I got in in November. If this happens I will pull over 100%.

[rvj]

Hola! IMO assuming you could pick up FRPT for $22 as share you could make over 40% at open Thursday morning when they jump from the pinks to the NASDAQ. IMO this stock will go over $30 pr. share then liquidate. I got in in November. If this happens I will pull over 100%. I also got in on FRPT back in november, and I have to say thank you very much GALVETRAZ. It was your information on FRPT that got my attention, and it has been paying off ever since.....http://www.2coolfishing.com/ttmbforum/images/icons/icon7.gif....

[galvetraz]

Lets keep our fingers crossed.

I also got in on FRPT back in november, and I have to say thank you very much GALVETRAZ. It was your information on FRPT that got my attention, and it has been paying off ever since.....http://www.2coolfishing.com/ttmbforum/images/icons/icon7.gif....

[rvj]

galvetraz can you give me some more information on whats suppose to happen to FRPT.

[driftwood2]

There are hundreds promoting trading for a living, selling methods that cost several thousands of dollars.I would like to believe that some of these method can be very profitable but I have yet to found one person consistently generating over 20% annually. If you are, congratulations. Tell us how you are doing it. Type of stocks traded, how many stocks kept in a portfolio, period of trade, strategy, technical's, fundamentals etc.

what is it that you want to hear?

[Bill Fisher]

There are hundreds promoting trading for a living, selling methods that cost several thousands of dollars.I would like to believe that some of these method can be very profitable but I have yet to found one person consistently generating over 20% annually. If you are, congratulations. Tell us how you are doing it. Type of stocks traded, how many stocks kept in a portfolio, period of trade, strategy, technical's, fundamentals etc.

i'm sorry,....... i wish i hadn't ask

yes i consistantly outperform the market....... to-the-tune-of 20%+ year-after-year as do many of my investing friends and aquaintances

but the idea of me sitting here and telling you how i'm, "doing it. Type of stocks traded, how many stocks kept in a portfolio, period of trade, strategy, technical's, fundamentals etc. " isn't sumpin i don't care to do

i'm not a teacher and besides, it's something that you gotta learn......... one of the best ways to learn, imo, would be to listen to and talk to those that are doing as well or better than me in the market

you prolly won't like it, but here's where hundreds of individual investors just-like-myself hang out to discuss investment ideas.......... if you'll click on the 'Ratings and Contest' tab and scroll down. you'll see what type of performance this group (as-a-whole) has produced

http://www.valueforum.com/

i SAY you prolly won't like it because it has a membership fee.......

i'm not promoting it even tho i'm a lifetime member..........
i personally know the first few hundred people that this group developed around (having been one of'em)....... it consist entirely of individual investors just like myself

there are experts in every field of investing that are members of that group

these folks are willing to discuss all the things you just mentioned.......... i'm not

and because i no longer care to teach or discuss my own methods, i hardly ever visit the site anymore (for what-ever that's worth) but it's the best place i know of for anyone to learn or just plain discuss investment ideas without all the signal-to-noise ratio of a public message board....... (hence the membership fee)

[empty pockets]

For what it's worth I've done between 12 and 20% consistently over the last 7 years. I don't manage anything. All investments are in growth stock mutual funds. They take 1% to manage these for me, but it seems to be a fair trade.

[driftwood2]

Bill, I know there are many people that are doing it, Ijust haven't located them. I don't mine paying for a useful site or training just not wanting to be fleeced like others as I have witnessed. Thanks for the link.

[Monarchy]

Real experts, I mean the very best folks, make returns like you wouldn't believe. And, like anything else, it's a very small percentage of the total that do well (and they don't advertise on tv, lol). You have to get very good at one particular market and that usually takes years of learning.

Let me say this again....the chances of you having success by buying somebody's system advertised on tv or the internet are approaching 0. The chance of you having success by learning the fundamentals of a given market and coupling that with a sound knowledge of technicals is much higher than 0 and no where near 100.

Remember that whatever market you trade at lunch or on weekends is FILLED with 10-30 year experts that make a living turning their experience and your money into their money and your experience.

It ain't sexy but there it is. The path is long and hard....most give up...the reward is independence, more time with your family, pride of accomplishment, and financial security...oh, yeah, you get to have toys, too!

Now go get 'em!

[Mr. Breeze]

empty pockets, what have been you best growth stock funds? or does your broker switch them around for you?

[Bill Fisher]

http://biz.yahoo.com/seekingalpha/070130/25510_id.html?.v=1

[getnsumscales]

I have made 20% in the last two weeks. If you want to know how to play the game there is one company out there thats not a get rich quick scheme. To really believe someone's advice I want to see their portfolio. Its owned an operated by a man whom use to own a very, very large money mangment entity. He teaches because he already has what I called masterd the investment game. When you talk about the big boys he is one. I think he would allow me to say that he has a portfolio that has made over 900% return. The thing also is to look for a mentor or an advisor who made money during 2000-2002. This is when the stocks took a huge hit. Before that a monkey could make money in the game. Email me if your interested in any more information. peridocially he teaches courses. Fish On!

bryanwilliams123@hotmail.com