posted
JMHO...I think you're playing with a loaded deck...your stocks that is. I used to own shares from multiple co's at one time and what killed me was the fact I would lose focus trying to track all these. I've done well working with four max, but this is just my trading style.
Take heart from what Vinnie, Sith, Money3x, and Blind are telling you...each suggestion has merit.
posted
IMO you are going to lose a lot of money. The fact that you are in that many stocks, pretty much seem like you have no idea, are asking people what they think tells me you will not be in the game for long.
My bet is youve been reading boards and every stock you read about you end up liking based on others BS, so you buy it on a whim.
I dont know how much you know but heres what I would do:
Read books, paper trade, read websites and learn as much as you can before you buy anything.
Then trade one stock at a time, it usually takes me hours of DD before I jump into anything (unless Im playing MOMO, then I dont have time and have to make a quick decision).
As you trade 1 or 2 stocks at a time you will learn as you go, and you wont lose that much money and most importantly you will stay in the game. As you become more experienced you can buy multiple stocks but never spread yourself too thin.
This is just IMO, I am genuinely trying to help you, but do what you want - its your money.
IP: Logged |
posted
One other thing, basing your trading on what people say on message boards will result in losing large sums of money. Always do your OWN DD. If someone makes a claim chack up on it yourself, trust noone.
IP: Logged |
posted
A symbol gets an 'E' on the end of it when it's late filing it's quarterly reports with the SEC. It's generally a considered a sign that a company is hiding something and will end up kicked off the OTC and the stock is often affected negatively.
IP: Logged |
posted
IMO you have no idea about how to trade if you didnt even know what DD was... IMO you should get yourself to a bookstore or Online bookstore and buy some books on trading.. read one book.. then when your done with that read another and when your done with that read yet another... etc.. below are some suggestions:
A Beginner's Guide to Short-Term Trading by Toni Turner www.toniturner.com
UBBFriend: Email this page to someone!
Printer-friendly view of this topic
