I for one would never try to make a living playing the Stock Market?
Do you play
1. To make a living
2. To make a little money
3. For Fun
4. As a hobby
5. To kill time
6. Or for other reasons
Forum > Does Anyone In This Forum Make Their Living Trading The Stock Market
Displaying entries 1 - 20 of 31 forum posts in total
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Posted November 03, 2009 (09:24AM)
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Posted November 03, 2009 (09:30AM)
To play... Had I'd kept my first original investments... I could have stated earn a little money. |
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Posted November 03, 2009 (09:38AM)
1
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Posted November 03, 2009 (10:10AM)
number 2,3,4,5 |
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Posted November 03, 2009 (10:35AM)
as of right now I do it for fun and for saving up for hunting land and retirement. |
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Posted November 03, 2009 (10:47AM)
I do it to constructively eat spare time when work is slow, I would call it a lucrative hobby, like collecting coins or stamps, but I find that when I have allowed myself to treat it like a hobby I have a tendency to make frivolous and sometimes painful decisions.
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Posted November 03, 2009 (11:11AM)
Wow, you sound very mature for your age! |
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Posted November 03, 2009 (11:20AM)
I'm going with 2, 3, 4.
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Posted November 03, 2009 (11:43AM)
2-6 inclusive
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Posted November 03, 2009 (11:44AM)
28 years... geez haha!! I'm not 12... |
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Posted November 03, 2009 (01:03PM)
Admit it, you're Doogie Howser.
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Posted November 03, 2009 (02:38PM)
#1 |
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Posted November 03, 2009 (02:43PM)
For obvious reasons, I'm willing to be a brown noser to the above poster, the guy's been at it for a wee while, doesn't make him perfect, but when he discloses an experienced observation, it has weight.
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Posted November 03, 2009 (02:55PM)
How about making a living investing long term? That seems easily than trading. When I was trading I lost 15%, When I started investing I got a 22 percent return since June when the stock market was at 8500-9000.
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Posted November 03, 2009 (03:01PM)
Russian, that's somewhat of an open ended thing.
Daytrading penny stocks based solely on technicals or momentum will definitely give you pain. Swing trading can work when you're familiar with the stocks you buy and sell and keep an eye on the influences over the stock. Long term investing without at least some form of passive interaction would have yielded a negative gain over the last ten years...but if you have the time, you'd very likely be into positive gains within the next five or ten years from here. |
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Posted November 03, 2009 (04:24PM)
yeah, Otter, the first 10 trades and it I then stopped since then I'd have been up a hundred percent with no work. 200 hundred or so trades later... oh well, that's why my loss/gains are private for now..) Even my overbought GLD of Feb. is finally up a bit above my buy high point.
#2,#3, not #4.. but it sort of looks like it's a time-consuming hobby. But I'd better take up guitar again as talking stocks with 'civilians' isn't a social plus, so I'd have done better unrusting my fingers on a guitar again..) hopefully #1 someday, but it's not happening for so many reasons anytime soon. Now if I'd bought massive amounts of the CBIS back in early summer when it was .07 a share and sold it off when it hit 1.30+ a share a week later.... maybe it could have been..... (I remember the impulse to buy at .07 and kick myself with a certain joy to have seen such a one-hit wonder for not following through on it...) |
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Posted November 03, 2009 (04:37PM)
Millionaire by 30 is my goal.
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Posted November 03, 2009 (04:37PM)
1 & 2, I wouldn't see the point if it was for the others...the trading process isn't really "fun" if you ask me, the prospect of rewards just makes it tolerable, and it beats the hell outta doing the stereotypical Dilbert/Office Space thing.
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Posted November 03, 2009 (04:41PM)
Not fun?! Blasphemy I tell you! Blasphemy! lol |
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Posted November 03, 2009 (05:49PM)
Actually none of the above. I don't "play" the stock market. I consider my money serious business.
But of those you suggested... #6 - trading my IRA's here which one day I hope to be enough to live on. |
Displaying entries 1 - 20 of 31 forum posts in total
12
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