Anybody here active traders?

[Valve_Cover]

Just curious as to where you guys get your money for modding (and maintaining haha) your cars. I love the whole tuning and autocross scene but it gets damn expensive real quick. I do some investing and like to play the game when I can pull in some nice profits. I've got some dividend paying stocks that are pretty good, aswell as some safe vantages, but I love gambling in a penny stock everynow and then and pulling out a 300% rise in 2-3 weeks, and thats normally where I'll get my money to put into the car.

Was just wondering if anybody else on here is an active trader , or has any shares that rake in some extra cash to spend! :D

[bondar1989]

I have a job and when I get paid I put some money towards my car.

[Italiano]

I am a pretty active trader i guess, do about 150 +/- trades a year

[kholy]

i do some trading, not to much... my best investment was ford when it was back at like 3-4 dollars a share, sold it at 14 something

[CoreyRS]

I'm trying to get into trading... Any literature you can suggest to get me started?

[Turbwhistle]

I trade car parts if that counts.

[JoshDub]

My girls bring me my cash nightly.

[waldo1324]

I lost $300+ in pennies then quit

[Valve_Cover]

I'm trying to get into trading... Any literature you can suggest to get me started?

Theres tons of great stuff to read out there. I'd say the best place to start and get a good understanding is ''the wealthy barber'' . A great book that explains personal finances and getting into the market. Online forums are also filled with tons of info on trading. Finding the good stocks to trade however is a whole other ball game. You have to follow local news, national news, international news, at all times of the day, read online, follow articles on Yahoo finance and other such finance sites....its really a full time job if you want to do it for a living.

I lost $300+ in pennies then quit

You lost 300$ in penny stocks? Is that what you mean? or 300k $ ?

[waldo1324]

You lost 300$ in penny stocks? Is that what you mean? or 300k $ ?

$300.00. im poor. thats alot.

[Valve_Cover]

$300.00. im poor. thats alot.

ahah ok gotcha! 300k seemed like alot of cash to lose for someone driving a b6 :P

[CrazyCal]

I don't have to trade to lose money, I can just give my money to scumbags in the Audizine classifieds.

[Mi1lion]

Was with Sharebuilder when I was younger (17-20) just to build up in shares a little at a time. Then moved over to E-Trade when the market went to shit in sep/oct 08. Took a gamble and borrowed $6k from my dad and poured it all into Wachovia stock at .98 and then sold it on Oct 28th for $7.13 when they were bought out by Wells Fargo. That was my first ever real trade, with BIG profits. So after that I traded in Citi, Ford, AIG, and some other giants until they started to rise and sustain. After all that, I walked away with around $750K after I put some $$ aside for taxes. Then the next BIG gulp was SPNG, a company that fucking made sponges with soap already impregnated in it. I bought around 6 1/2 million shares for .0031 or 2 i believe it was. Then after a few months of waiting I almost sold it all at around .005 but then I started to hear about it on the radio and saw it at the MLB games, and was shocked. The next 2 weeks I SHIT YOU NOT, was a PUMP and DUMP. It went from .0055 on a Monday to .28-9 by the next Friday at 1PM. I remember this so clearly because I took a nap at work that Friday afternoon around that time, and woke up to find a SHIT LOAD (I'll let you do the math) of money in my portfolio. My sell trigger was set at .24, but the stock has plummeted to .10. Basically, the company's biggest investors just kept pumping all the way up to .30 and just dumped it all which activated everyones sell orders. I haven't been to active since, but still hold some longs and IRA's. I thought about jumping into Currency and Commodities, but never had the time. Overall, I made a pretty good fortune, but also lost around $100k along the way, just by jumping on a bandwagon going downhill. I currently hold longs that I bought at their lowest point or close to it, but took about 1/2 of my gains out for personal/investment purposes. Here are my longs:
CBAI
AMD
HYGS
INAP
MGPI
AAPL
and my favorite for dividens MO

I might start swing trading again, so post up any symbols you might think are worth while to look at.

[viceprp]

I've always been interested in trading and once I'm back on my feet (bought a home and funding BAT project) I want to look onto this. Million, I will be in contact with you in the near future.

[Mi1lion]

It's probably the ONLY get rich quick scenario that is true, but also goes hand in hand with "It takes money to make money". I know that luck and faith is also a BIG factor, at least I feel that way. Ok sounds good, let me know PM, Call/Text me @ 954-235-1154

[waldo1324]

It's probably the ONLY get rich quick scenario that is true, but also goes hand in hand with "It takes money to make money". I know that luck and faith is also a BIG factor, at least I feel that way. Ok sounds good, let me know PM, Call/Text me @ 954-235-1154

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moving averages

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