Stock market investing...

Everything not relating to gaming goes here.
Leguna
Site Admin
Leguna
Site Admin
Joined: April 29th, 2009, 4:39 pm

April 12th, 2018, 2:49 pm #71

manngc wrote: I'm not looking for what swing trading is.  I'm looking for what the advantages of swing trading are compared to other forms of trading.  I'm asking for the "details."  You basically just said I try to pick stocks that had a bad day and sell them when they have a good day.  Great.  Now tell me why that is better than longer term passive trading or day trading?  Show me that you understand this.
What part of 'making 2% a week' do you not understand?  That is the advantage.  You are not going to make 104% annually on passive investing.  Now day trading is probably even better, but I don't have the time.
Reply
Like
Share

manngc
He Da Mann
manngc
He Da Mann
Joined: April 29th, 2009, 10:05 pm

April 12th, 2018, 3:30 pm #72

Leguna wrote:
manngc wrote: I'm not looking for what swing trading is.  I'm looking for what the advantages of swing trading are compared to other forms of trading.  I'm asking for the "details."  You basically just said I try to pick stocks that had a bad day and sell them when they have a good day.  Great.  Now tell me why that is better than longer term passive trading or day trading?  Show me that you understand this.
What part of 'making 2% a week' do you not understand?  That is the advantage.  You are not going to make 104% annually on passive investing.  Now day trading is probably even better, but I don't have the time.
As I've already said multiple times, you are trying to time the market based on individual stocks that swing 2%.  Timing the market is a risky long term strategy.  Details on how to survive a downturn or manage a poor stock choice would be good.  

Your just saying to yourself over and over again that I will never pick a bad stock.  Good luck with that. 104% returns!
Reply
Like
Share

bork
おっぱいは命、尻は故郷
bork
おっぱいは命、尻は故郷
Joined: May 26th, 2009, 6:48 am

April 12th, 2018, 4:44 pm #73

Leguna trying to convince himself that his latest great rich quick scheme is the surefire way to go?  The devil you say, sir.  THE DEVIL.
Reply
Like
Share

Leguna
Site Admin
Leguna
Site Admin
Joined: April 29th, 2009, 4:39 pm

April 12th, 2018, 5:06 pm #74

manngc wrote: As I've already said multiple times, you are trying to time the market based on individual stocks that swing 2%.  Timing the market is a risky long term strategy.  Details on how to survive a downturn or manage a poor stock choice would be good.  

Your just saying to yourself over and over again that I will never pick a bad stock.  Good luck with that. 104% returns!
You have yet to explain why 'timing the market' is too risky?  How is it any less risky to passively just leave the money in the stock market?  I could argue that active trading is far LESS risky!  Especially when I'm not looking for huge gains, just a ton of small gains over time.  

Just now (like 30 minutes ago), I just bought and sold 2 stocks at +2% in 1 DAY!!!  I'm on my way to doing +4% this week!!!  This is crazy!!  And its not like the market is doing that great either!
Reply
Like
Share

Leguna
Site Admin
Leguna
Site Admin
Joined: April 29th, 2009, 4:39 pm

April 13th, 2018, 12:18 pm #75

bork wrote: Leguna trying to convince himself that his latest great rich quick scheme is the surefire way to go?  The devil you say, sir.  THE DEVIL.
I don't need to convince myself, the results are there.  I'm already doing it and making a killing.  I'm sure one day I'm going to lose money, but by then I would have made so much money that it won't matter.  And what I'm doing isn't anything new.  You may wonder why doesn't every one do it?  Because most people don't have the available capital to throw at the stock market and most people fear they will lose their money.
Reply
Like
Share

bork
おっぱいは命、尻は故郷
bork
おっぱいは命、尻は故郷
Joined: May 26th, 2009, 6:48 am

April 13th, 2018, 12:27 pm #76

Leguna wrote: I'm already doing it and making a killing.  I'm sure one day I'm going to lose money


Leguna wrote:You may wonder why doesn't every one do it?  Because most people don't have the available capital to throw at the stock market and most people fear they will lose their money.
Reply
Like
Share

Joined: August 15th, 2009, 2:37 am

April 13th, 2018, 2:41 pm #77

I admire pioneers and people brave enough to play with stuff like bitcoin.

Be smart and show us pics of your Lamborghini when you get one :drool

It takes being a little insane to blow up the formula.

My style is more passive but I only do 7-30% growth per annum with the average year returning 10-15%.

At 2% per day Leguna bows that up. I just can’t get my head around the taxes and reading all that finance news. Also random things like Stormy Daniels crashing the market with Trump allegations which I wouldn’t expect.


Sent from my iPhone using Tapatalk
Reply
Like
Share

Joined: August 15th, 2009, 2:37 am

April 13th, 2018, 4:23 pm #78

Leguna wrote:
abrader wrote: Lots of concerning Las Vegas like investment strategies in this thread.

Stick to the low cost index funds. Altho this is not investment advice :)


Sent from my iPhone using Tapatalk
I'm still puzzled by everything you've said so far.  Swing Trading is a known method of trading that produces consistent results if you know what you are doing.  I'm not saying I'm a pro now, but I think I'm good enough to make at least 2% on my money a week.  How is that "Las Vegas like investment strategies"?

I'm not sure I understand how you made money.  Sounds like you were an employee that made a salary that learned a lot about investing.  Tell me how you would grow your money at a higher rate than what I described.  Please try not to use so many acronyms.
I made money back when I managed enterprise software / service deals (I was a sales guy who had a team of 20ish people who managed 100M /year in new sales or our quota. Mostly building AI / speech applications and then supporting them. I was also the founder of 5 companies of which 2 have sold. The acronyms I used are standard portfolio management speak mostly.

Maybe because I made my money building businesses I just can’t get my head around putting money into any one entity unless I am involved.

Any angel investing I have done are at companies where I was an employee and feel I have some control over the capitals fate.

It’s true I was mostly always at private companies which are much less regulated, but I just don’t trust after the things I have seen.

Broad market indices yes! You mostly need people to breed and want bling. That’s never gonna end. (The fucking and the shopping)

This is not investment advice BTW


Sent from my iPhone using Tapatalk
Reply
Like
Share

Leguna
Site Admin
Leguna
Site Admin
Joined: April 29th, 2009, 4:39 pm

April 16th, 2018, 6:03 pm #79

abrader wrote:
Leguna wrote:
abrader wrote: Lots of concerning Las Vegas like investment strategies in this thread.

Stick to the low cost index funds. Altho this is not investment advice :)


Sent from my iPhone using Tapatalk
I'm still puzzled by everything you've said so far.  Swing Trading is a known method of trading that produces consistent results if you know what you are doing.  I'm not saying I'm a pro now, but I think I'm good enough to make at least 2% on my money a week.  How is that "Las Vegas like investment strategies"?

I'm not sure I understand how you made money.  Sounds like you were an employee that made a salary that learned a lot about investing.  Tell me how you would grow your money at a higher rate than what I described.  Please try not to use so many acronyms.
I made money back when I managed enterprise software / service deals (I was a sales guy who had a team of 20ish people who managed 100M /year in new sales or our quota. Mostly building AI / speech applications and then supporting them. I was also the founder of 5 companies of which 2 have sold. The acronyms I used are standard portfolio management speak mostly.

Maybe because I made my money building businesses I just can’t get my head around putting money into any one entity unless I am involved.

Any angel investing I have done are at companies where I was an employee and feel I have some control over the capitals fate.

It’s true I was mostly always at private companies which are much less regulated, but I just don’t trust after the things I have seen.

Broad market indices yes! You mostly need people to breed and want bling. That’s never gonna end. (The fucking and the shopping)

This is not investment advice BTW


Sent from my iPhone using Tapatalk
I sent you a PM, please see.
Reply
Like
Share

Leguna
Site Admin
Leguna
Site Admin
Joined: April 29th, 2009, 4:39 pm

April 17th, 2018, 11:45 am #80

abrader wrote: I admire pioneers and people brave enough to play with stuff like bitcoin.

Be smart and show us pics of your Lamborghini when you get one :drool

It takes being a little insane to blow up the formula.

My style is more passive but I only do 7-30% growth per annum with the average year returning 10-15%.

At 2% per day Leguna bows that up. I just can’t get my head around the taxes and reading all that finance news. Also random things like Stormy Daniels crashing the market with Trump allegations which I wouldn’t expect.


Sent from my iPhone using Tapatalk
Its 2% a week, not a day (shit, if it were a day, I'd might as well quit my job now).  It really is not hard to do at all.  The hardest part is predicting the news' impact on a stock.  I've seen damaging news do nothing and news that didn't mean anything sink the stock a good bit.  Swing trading is far less risky than passive investing.
Reply
Like
Share