Stocks, Futures, Options Trading. Lets see what you playing and why

[kjxxxx]

Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

Every now and then a little idea for longer term play hit me. I don't usually play it because in the past I have never had the capital to play them or I'd rather play riskier stuff.
Here is one I have been toying with.
Toying with some Greek investment idea to see if there is the possible outcome as we did with US crisis
Toying with the idea of investing in Greek companies to see if there are bargain on good companies to be had kinda similar to how it was with the crash here in the US and the bounce and. I pretty much missed out on that whole rally because I refused to believe in it or just investing in the wrong instruments. Often time I would be in options and those didn't work in my favor as I would often be too early. Longer term options were too expensive and during the time I didn't think the rally would have doubled, trippled or quadrupled for some stocks as it ended up doing.

So based on that lesson I am going to look for some Greek companies and I know there are others out there that will have the same ideas so I will look for their ideas also

Came up with Helenic Telecommunications (NYSE:OTE) which is a Greek telecom company that pays 7% div,
Research on OTE lead me to a recommendation of OTE, National Bank of Greece (NYSE:NBG) and Coco Cola Bottling Helena (NYSE:CCH) by James Altucher, managing dir at Formula Cap on CNBC Fri Feb 12, 2010. I am also finding other recommendations for these same 3 stocks.
http://kijar.blogspot.com/2010/02/toying-with-some-greek-investment-idea.html

I like these.

 

[nittie]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

This was the beginning of the House of Rothschild, which controlled a fortune estimated to be well over $300,000,000. Soon the Rothschilds spanned Europe with railroads, invested in coal and ironworks, financed England's purchase of the Suez Canal, paid for oil exploration in Russia and the Sahara Desert, financed the czars of Russia, supported Cecil Rhodes' diamond operations, aided France in creating an empire in Africa, financed the Hapsburg monarchs, and saved the Vatican from bankruptcy. In this country, through their American and European agents, they helped finance Rockefeller's Standard Oil, Carnegie Steel, and Harriman's Railroad. Werner Sombart, in his book The Jews and Modern Capitalism, said that from 1820 on, it was the "age of the Rothschild" and concluded that there was "only one power in Europe, and that is Rothschild." In 1913, the family fortune was estimated to be over two billion dollars.

Not trying to change the subject just offering some facts and an opinion. If any of these stories are true then American ingenuity, self made fortunes and free market economy are myths. Money is owned by a handful of powerful people and distributed to the rest of us. It's a giant pyramid scheme. So if one is serious about making some real money stocks and small business are not the way to do it.

 

[kjxxxx]

Couple more:
Alpha Bank Sponsored ADR (OTC: MJMSY.PK) is another large bank based in Greece. The bank's subsidiaries include leasing services, financial services, investment services, information services, insurance, hotels and real estate.

Hellenic Petroleum (OTC: HLCPF.PK), an oil and gas company, markets petroleum products and distributes natural gas.

MJ Maillis SA Sponsored ADR (OTC: MJMSY.PK) makes and markets packaging materials, tools and machines, including steel and plastic strapping systems, pallet and shrink-wrapping systems, and carton sealing systems.

Public Power Corporation S.A. (OTC: PUPOF.PK) is a major electric utility in Greece, generating electricity through lignite, oil, hydro power and natural gas.

List on Yahoo: OTE, NBG, CCH, MJMSY.PK, PUPOF.PK, ALBKY.PK, HLCPF.PK

Source: http://seekingalpha.com/article/188242-greek-stocks-time-for-a-turnaround?source=yahoo

 

[new 2 this]

You may not see many replies, but your threads are appreciated fam.

 

[kjxxxx]

You may not see many replies, but your threads are appreciated fam.

Thanks bro. I appreciate that.

 

[nittie]

A business (also called a company, enterprise or firm) is a legally recognized organization designed to provide goods and/or services to consumers.

The etymology of "business" relates to the state of being busy either as an individual or society as a whole, doing commercially viable and profitable work.

Business is organizing and getting busy. Doesn't have to be in a bldg where people meet and labor for 8 hours. It can be done any place and any time. It's people working together to get money.

 

[KG21]

any recommendations for places like Brazil and other countries where Baby-boomers are moving too in pursuit of international living..i.e. Belize, Mexico, etc

 

[nittie]

any recommendations for places like Brazil and other countries where Baby-boomers are moving too in pursuit of international living..i.e. Belize, Mexico, etc

There's great opportunities in those countries for branding. They don't have any so maybe you could establish one or two. The fam here at bgol could be a big help and you could give back by helping those of us already in business with products, marketing and labor.

 

[nittie]

ADA, Mich. (WZZM) - Amidst a global economic downturn, Alticor, Inc., Amway's parent company, recorded record sales of more than $8.4 billion dollars in 2009. It was a 2.3% increase over 2008.
The privately-held direct sales company does not disclose profits, but chairman Steve Van Andel said Tuesday Alticor remains profitable. 80% of the company's sales occur outside North America. Van Andel said, if adjusted for the variety of currencies where Alticor does business, worldwide sales would be up 5.9%.

In an interview Tuesday with WZZM 13, president Doug DeVos said employment in Ada would fluctate to accomodate the needs of a global business, but would remain "stable." Last year, the company announced it would eliminate 93 local jobs when to consolidates some functions in Costa Rica.

Sales with this company could easily be influenced with the right plan and network of people working together. It's the perfect way to make money without going to work everyday or starting a business. Anyone looking to make a few extra thousands a month could do it working from home. It would just take a little organizing, imagination and willpower and money could start flowing in a few weeks.

 

[Ron-Ron]

Ford and Citigroup

I got Citigroup Monday morning and Monday night, the CAC Jim Kramer said its gonna hit $12 by 2012...and today it went up 7%

 

[kjxxxx]

any recommendations for places like Brazil and other countries where Baby-boomers are moving too in pursuit of international living..i.e. Belize, Mexico, etc

Here is an Argentinain oil and gas company
YPF Sociedad Anonima Common Sto(NYSE: YPF) They pay a dividend. They have rebounded a bit from the lows. I don't know what strategy you would be employing now since the emerging markets have rallied a lot since the March lows. You can put stuff on your watch list for if there is a pullback or if you are going to buy on dips and hold for a long period of time.
Here is a blog that has a lot of Latin America info. http://incakolanews.blogspot.com/. The best thing about the site is the links to other site. Wealth of info

 

[KG21]

Cool..thanks

 

[kjxxxx]

Cool..thanks

Here is something else I was reading you might be intersted in. Pays a div and had geographic diversification.

Millicom International Cellular (Nasdaq: MICC) has reported robust growth in Africa and South America; it’s now the leading provider by market share in Honduras, Paraguay, El Salvador, and Guatemala.

During its most recent quarter, revenue rose 27% in Africa and 15% in South America, for overall growth of 9%. Cash flows provided ample coverage for company debt-service payments.

With a yield of 6% and strong underlying assets, Osterweis Strategic Income is a solid Buy for the long term.
Source: http://www.moneyshow.com/investing/articles.asp?aid=tptp031810-19226&iid=tptp031810&scode=015363

 

[greygoose]

Ford and Citigroup

I got Citigroup Monday morning and Monday night, the CAC Jim Kramer said its gonna hit $12 by 2012...and today it went up 7%

i liked citigroup when it was at 3 something. i said it, recommended it to a freind too. this was last summer. the stock has gone crazy since then. up down up down but i think the stock will hit 5 again and stay above it. i have nothing to back up my reasoning though so take that for what its worth.

i also have liked sqnm. no actually i love this stock. said this many times when it was trading at 4.15. it went as high as 8 before dropping back to 5.50 after earnings for the quarter were lower than estimated. ive put alot of money into this stock. i sold prior to the drop. and after it dropped bought it just below 6 again. its trading at about 6.5 now; i see it hitting double digits by winter (assuming they meet estimates)
they deal with genomic testing, molecular diagnostics, genetic analysis, etc things like that. its a volatile stock, jumping up and down in 20% chunks sometimes.

two stocks that i wanted to buy this week and im upset that i did not are LDK and BRZM. someone who's privvy to info put me on and i just didnt have any free cash to buy shares in either of those two. ldk is up about 10% this week and brzm is up about 40% this week (big jump today)

im a high risk investor, but its been working for me so far. these are my picks though, this is where my money is

my next buy is fannie mae, but i plan on day trading it when i do. its an interesting stock that fluctuates in an interesting way.

i would risk 10k on fannie mae in hopes of the stock one day reaching 5 or 10. if i lose the 10k, the risk was worth it. i dont think anyone (feds) will let fannie mae fail. but thats just me, and like i said i make risky buys at times
fannie mae is fluctuating between 1.06 and 1.12, right now its at about 1.06, it was 1.12 just days ago

some of my buys may not be long term. my goals and your goals may not be the same

i did like ford, but fort might have gotten away from me. i have no idea what to do with ford at this point its had a heck of a run and im scared to buy it anytime soon

 

[kjxxxx]

i liked citigroup when it was at 3 something. i said it, recommended it to a freind too. this was last summer. the stock has gone crazy since then. up down up down but i think the stock will hit 5 again and stay above it. i have nothing to back up my reasoning though so take that for what its worth.

i also have liked sqnm. no actually i love this stock. said this many times when it was trading at 4.15. it went as high as 8 before dropping back to 5.50 after earnings for the quarter were lower than estimated. ive put alot of money into this stock. i sold prior to the drop. and after it dropped bought it just below 6 again. its trading at about 6.5 now; i see it hitting double digits by winter (assuming they meet estimates)
they deal with genomic testing, molecular diagnostics, genetic analysis, etc things like that. its a volatile stock, jumping up and down in 20% chunks sometimes.

two stocks that i wanted to buy this week and im upset that i did not are LDK and BRZM. someone who's privvy to info put me on and i just didnt have any free cash to buy shares in either of those two. ldk is up about 10% this week and brzm is up about 40% this week (big jump today)

im a high risk investor, but its been working for me so far. these are my picks though, this is where my money is

my next buy is fannie mae, but i plan on day trading it when i do. its an interesting stock that fluctuates in an interesting way.

i would risk 10k on fannie mae in hopes of the stock one day reaching 5 or 10. if i lose the 10k, the risk was worth it. i dont think anyone (feds) will let fannie mae fail. but thats just me, and like i said i make risky buys at times
fannie mae is fluctuating between 1.06 and 1.12, right now its at about 1.06, it was 1.12 just days ago

some of my buys may not be long term. my goals and your goals may not be the same

i did like ford, but fort might have gotten away from me. i have no idea what to do with ford at this point its had a heck of a run and im scared to buy it anytime soon

I have a friend who is a good trader also believe C will go to 8. He is mostly a technical trader. But on the fundamental side for C. There are lots of billionaires that have increased their stake in C over the past few months. The thing that bothers me is that the government is looking to exit their position and that is 38% which should take the stock down or keep it from going up too much. This is what usually happen when someone liquidate a large position. The talk is that they are going to try to do it in stages so as not to drive the price down. Another way for them to do exit is to sell to another accredited investor like Buffet of another hedge fund or mutual fund.

On the LDK side. I think that might be a good trade going into the summer if gas goes up like people are predicting. Wow. I didn't realize LDK had fallen that low.

 

[kjxxxx]

The Greek stocks are up except for one since I first mention them.

http://kijar.blogspot.com/2010/03/update-to-those-greek-plays.html

I have it set up in yahoo but I haven't figured out how to put the table on the blog as it is in yahoo so I just took a screen shot of it. The results is as of today March 26, 2010

All, except for OTE are profitable and it hasn't gone down much plus it pays a dividend

 

[kjxxxx]

Here are some oil stocks that pays decent dividend. Do some research on them if you thinking of investing first

http://finance.yahoo.com/q/cq?s=Enter,company,PVX,BBEP,BTE,CEP,ERF,EVEP,HTE,LINE,PGH,PWE,APF-UN.TO,KMP,BPT,DUK,VET-UN.TO,symbol&d=v4

PVX,BBEP,BTE,CEP,ERF,EVEP,HTE,LINE,PGH,PWE,APF-UN.TO,KMP,BPT,DUK,VET-UN.TO

Damn. I just looked at the price of some of these suckers and they have gone up big since the lows in March. Don't think the market is going down just now so one may have to just hold their breath and buy

 

[something else]

Couple more:
Alpha Bank Sponsored ADR (OTC: MJMSY.PK) is another large bank based in Greece. The bank's subsidiaries include leasing services, financial services, investment services, information services, insurance, hotels and real estate.

Hellenic Petroleum (OTC: HLCPF.PK), an oil and gas company, markets petroleum products and distributes natural gas.

MJ Maillis SA Sponsored ADR (OTC: MJMSY.PK) makes and markets packaging materials, tools and machines, including steel and plastic strapping systems, pallet and shrink-wrapping systems, and carton sealing systems.

Public Power Corporation S.A. (OTC: PUPOF.PK) is a major electric utility in Greece, generating electricity through lignite, oil, hydro power and natural gas.

List on Yahoo: OTE, NBG, CCH, MJMSY.PK, PUPOF.PK, ALBKY.PK, HLCPF.PK

Source: http://seekingalpha.com/article/188242-greek-stocks-time-for-a-turnaround?source=yahoo

http://finance.yahoo.com/q/cq?s=OTE,NBG,CCH,MJMSY.PK,PUPOF.PK,ALBKY.PK,HLCPF.PK&d=v4

Those stocks were up 4 days in a row last week, seems they have taken a downturn now. Could thing I sold on friday

Ty for the tip

 

[kjxxxx]

http://finance.yahoo.com/q/cq?s=OTE,NBG,CCH,MJMSY.PK,PUPOF.PK,ALBKY.PK,HLCPF.PK&d=v4

Those stocks were up 4 days in a row last week, seems they have taken a downturn now. Could thing I sold on friday

Ty for the tip

Good trade. The crisis is not over yet. Greece still saying that the rate they are being charged for the loans are still too high and at the rate of increase in the rate it will become unsustainable so their market sold off and also they EURo currency. The play is still not over. As long as the banks don't go bankrupt then it's still good and good. The play is to buy the bottom when everyone is running just like when folks bought here in the states in March when everyone was running. If I had the money I'd be looking for these crisis situation to see if there is vulture opportunities.

For people Shorting the EUR/USD the last 2 weeks have done very well; especially in the last 7 days. Unfotunately I was not one of them.

 

[KAPE KRUSADER]

Good Stuff!

 

[kjxxxx]

I got a bucket shop job done on my trade today. Real fowl what the broker did.

I was long EUR/USD from last week. I had a target sell or take profit sell set for 1.3505 from then. Sunday I tried to delete the take profit orders before market opened but that's not allowed so I called the broker and emailed them @ 17:35 EST when the brokerage was open. They told me the could not change or delete the order as they had to wait for it to open just like I was.

Sunday at 18:00 EST when the market opened the EUR/USD gapped open at 1.3624 The broker filled my order at 1.3505 immediately. EUR/USD even after 18 hours still have not traded that low. That is more than 119 pips difference. The broker pocketed 119 pips of my trade. OUCH!!

I Should have gotten the open price b/c if I was short w/ a stop order I would have had to accept the 1.3624 as best price. Is it a standard thing for customers to get lousy fills on Gaps in their favor b/c they had a lower target price than open price? Kinda reminds me of Jessie Livermore book about bucketshop jobs they did against the customers. This is BLATENT SKIMMING here by my broker.

The broker is Interbank FX (IBFX.com). That was a real bucketshop job.

If I was short and had a stop in place they would have filled my order at 1.3624 as best filled and I totally agree with that. I would have eaten the 119 pip loss and accept it as part of trading. I should also get the best filled on the upside also. That is some really crappy thing they did. I find INTERBANK FX (IBFX.com)actions of not filling me at the gap open price as deplorable
Posted by Ki Jar at 10:23 AM

In a standard account 1 pip = $10
http://kijar.blogspot.com/2010/04/broker-pocket-119-pips-on-my-trade-real.html

 

[greygoose]

i talked about fannie mae when it was at 1. its at 1.30 now.
i love this stock

 

[greygoose]

i talked about fannie mae when it was at 1. its at 1.30 now.
i love this stock

 

[Dmain_Event]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

Not trying to change the subject just offering some facts and an opinion. If any of these stories are true then American ingenuity, self made fortunes and free market economy are myths. Money is owned by a handful of powerful people and distributed to the rest of us. It's a giant pyramid scheme. So if one is serious about making some real money stocks and small business are not the way to do it.

Its half trues and class warfare hater-rade on blast. Trust, if you know how to invest, you can make tons of money. Not to keep the subject on something else, but free markets are the only way FREE (not niggas that get government handouts) men exchange goods with one another. I might add that owning private property, including the means of production is also key to aquiring wealth. You have money and property don't you? How else can you get on a porn board to bitch and moan? Unless you in your mom's basement

Anyway, I wouldn't invest in anything greek right now. I would wait a little bit longer to see if Germany is going to budge. I don't have enough capital to do anything anyway, but Im working on it.

 

[nittie]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

Its half trues and class warfare hater-rade on blast. Trust, if you know how to invest, you can make tons of money. Not to keep the subject on something else, but free markets are the only way FREE (not niggas that get government handouts) men exchange goods with one another. I might add that owning private property, including the means of production is also key to aquiring wealth. You have money and property don't you? How else can you get on a porn board to bitch and moan? Unless you in your mom's basement

Anyway, I wouldn't invest in anything greek right now. I would wait a little bit longer to see if Germany is going to budge. I don't have enough capital to do anything anyway, but Im working on it.

You are way off point. This country is 17 trillion dollars in the red because the govt takes our tax dollars and gives them to people like warren buffet and bill gates. Where is the free market. Gates windows have been on every computer since the 80's where is the free market. This so-called market you speak of is really just a way for very rich people to divy up profits from goods and services they have no right to it is organized crime like the Goldman Sachs scandal in the news now. The only way this scheme works is if people like you keep believing you can get rich in the market too but like you said you don't even have the capital to get started.

 

[marcvoi]

I got a bucket shop job done on my trade today. Real fowl what the broker did.

I was long EUR/USD from last week. I had a target sell or take profit sell set for 1.3505 from then. Sunday I tried to delete the take profit orders before market opened but that's not allowed so I called the broker and emailed them @ 17:35 EST when the brokerage was open. They told me the could not change or delete the order as they had to wait for it to open just like I was.

Sunday at 18:00 EST when the market opened the EUR/USD gapped open at 1.3624 The broker filled my order at 1.3505 immediately. EUR/USD even after 18 hours still have not traded that low. That is more than 119 pips difference. The broker pocketed 119 pips of my trade. OUCH!!

I Should have gotten the open price b/c if I was short w/ a stop order I would have had to accept the 1.3624 as best price. Is it a standard thing for customers to get lousy fills on Gaps in their favor b/c they had a lower target price than open price? Kinda reminds me of Jessie Livermore book about bucketshop jobs they did against the customers. This is BLATENT SKIMMING here by my broker.

The broker is Interbank FX (IBFX.com). That was a real bucketshop job.

If I was short and had a stop in place they would have filled my order at 1.3624 as best filled and I totally agree with that. I would have eaten the 119 pip loss and accept it as part of trading. I should also get the best filled on the upside also. That is some really crappy thing they did. I find INTERBANK FX (IBFX.com)actions of not filling me at the gap open price as deplorable
Posted by Ki Jar at 10:23 AM

In a standard account 1 pip = $10
http://kijar.blogspot.com/2010/04/broker-pocket-119-pips-on-my-trade-real.html

be careful trading "in the news" also spreads widens sometimes depending on your broker. It is not always a bucket shop issue but small "retail clients like all of us" get stopped out or large intstitutional firms buy in large blocks and spikes go up bull dozing their way amongst other things and yes bucket shops do occur. Also, do not trade 1 lot of standard 10 pips. use mini lots unless you got lot 50,000 in the account and then you can trade 1 standard lot of $10.00 per pip. if you ave cake like that then so go ahead. Also, trading in mini lots you get more room to breath in your account. I would trade even mini lots just to get a feel of what im doing before taking deep plunge.

you sound like more of a long term position trader so go with mini or micro you can place larger stops and hopefully you can make your stops and your target a ratio of at least 3:1 or 2:1.

good luck. do what feels right to you i was just chiming in dont mind me. glad your posting here.

 

[kjxxxx]

He thanks for the comment man. All is welcomed. I am trading with mini account because all I right now is mini bucks. Trying to practice propper account and trade management. Not an easy task. Nothing is easy is what every day teaches me. Not easy to master ones self.

be careful trading "in the news" also spreads widens sometimes depending on your broker. It is not always a bucket shop issue but small "retail clients like all of us" get stopped out or large intstitutional firms buy in large blocks and spikes go up bull dozing their way amongst other things and yes bucket shops do occur. Also, do not trade 1 lot of standard 10 pips. use mini lots unless you got lot 50,000 in the account and then you can trade 1 standard lot of $10.00 per pip. if you ave cake like that then so go ahead. Also, trading in mini lots you get more room to breath in your account. I would trade even mini lots just to get a feel of what im doing before taking deep plunge.

you sound like more of a long term position trader so go with mini or micro you can place larger stops and hopefully you can make your stops and your target a ratio of at least 3:1 or 2:1.

good luck. do what feels right to you i was just chiming in dont mind me. glad your posting here.

 

[puertorock2005]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

Not trying to change the subject just offering some facts and an opinion. If any of these stories are true then American ingenuity, self made fortunes and free market economy are myths. Money is owned by a handful of powerful people and distributed to the rest of us. It's a giant pyramid scheme. So if one is serious about making some real money stocks and small business are not the way to do it.

I agree totally, most of the time, the illegal way is the way to go, look at Jay-Z and Easy E...they did it the illegal way to get up to the top.
Carnegie, as well as the robber barons did the same. they were smart enough to know that weren't regulations to get them. same goes with Bill Gates, he knew that there was no patent regulation for his Operating system, he knew about the legalities about what he was creating, and created his 50 milliona baby. so I agree that most of the time, small business aren't the way to go about it, nor is the Stock game

 

[nittie]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

Really it's about power. I guess where there is no law it presents a opportunity to establish power as in the case of a Gates or Carnegie. Power can also be established by ambitious people working together like Jay and Dame or Easy and Dre. But it's about power in this system you don't make money you take it.

 

[kjxxxx]

Fridays news with Goldman Saahs is bullshit IMO.
The way I'm looking at it is the SEC case is bullshit. It will probably get settled. The market was nervous and people was just waiting for some reason to sell. It was options expiration week and market had rallied substantially. It needed cooling down. They heard GS, SEC, and Sued in one sentence and they sold.

GS has returned substancially from the low. The range for the day was 155.55 - 186.41 and the close was 160.70. There has been a buy the dips attitude since the rally began last March. If earnings are good this quarter then I don't see why the attitude will change and so far Intel was good.

When the news came out I was sleeping otherwise I'd be looking to at getting taking a bullish position with puts like I did with the Greek crisis or just buy a call. But when I woke up and saw it had already recovered 10 points I was I'll wait and see if it pulled back down but it didnt.

Going to look further into earnings expectations and how Monday get started.
I blogged a little about my opinion on SEC GS CDS case http://kijar.blogspot.com/2010/04/my-view-on-gs-sec-cds-case.html

 

[marcvoi]

He thanks for the comment man. All is welcomed. I am trading with mini account because all I right now is mini bucks. Trying to practice propper account and trade management. Not an easy task. Nothing is easy is what every day teaches me. Not easy to master ones self.

dont worry we all in the same boat. find what time frames suits you and your personality, time etc. if you like long term time frames and and comfortable with your stop loss. never let your stop loss be more or equal to your profit or (target profti) as you already know. http://forextrading.about.com/od/basicforexrisks/a/riskreward_ro.htm
http://www.investopedia.com/articles/forex/07/profit_loss.asp
some risk ratio advice. heck you already know what time it is. get money continue the fight.

 

[marcvoi]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

You are way off point. This country is 17 trillion dollars in the red because the govt takes our tax dollars and gives them to people like warren buffet and bill gates. Where is the free market. Gates windows have been on every computer since the 80's where is the free market. This so-called market you speak of is really just a way for very rich people to divy up profits from goods and services they have no right to it is organized crime like the Goldman Sachs scandal in the news now. The only way this scheme works is if people like you keep believing you can get rich in the market too but like you said you don't even have the capital to get started.

you make a valid and sound point HOWEVER, with that in mind, if your doing risk management and not betting the farm and its a side hustle stock, futures etc. whats their to lose? stocks, forex etc is limitless boundless... many ways to enter the game. there are black folks who are professional brokers, investment firm owner, bankers etc.. find your niche in the financial world. many folks do trade full time at home. the advice is to know your we are just guppies and not a big fish to know your own risk reward.

even putting your money in a regular savings account or cd is an investment and the big boys are making money using your money. THE KEY IS TO FIND A WAY TO MAKE YOUR MONEY WORK FOR YOU AND LIKE TRUMP SAID, he dont use his money he borrow from banks and forms corporation to shield his personal assest. wash rinse repeat.

Stocks, buying homes, any investment involves risk. even Eazy e, jay z, like you mentioned before involved risk. in fact many hustlers from the streets try to invest in the music biz but did not make it through. jay z and easy make it but many are in jail and dead and lost their money in the music biz. every neighborhood people want to do music its saturated. Chase Bannon and others on this Board make their bread in the investment game.

just find your own path. if you like to cut hair and you have an eye for business, open a barbershop then expand hire girl to do nails, sell hair products, etc..

 

[marcvoi]

Re: Stocks, Futures, Options Trading. Lets see what you playing, thinking and why

I agree totally, most of the time, the illegal way is the way to go, look at Jay-Z and Easy E...they did it the illegal way to get up to the top.
Carnegie, as well as the robber barons did the same. they were smart enough to know that weren't regulations to get them. same goes with Bill Gates, he knew that there was no patent regulation for his Operating system, he knew about the legalities about what he was creating, and created his 50 milliona baby. so I agree that most of the time, small business aren't the way to go about it, nor is the Stock game

yes but bill gates microsft got enlisted in the stock market and WE bought shares thats how Miscrosoft blew up cause business listed themselves in the market.. so they have mor emoney to create more businesses more jobs more expansion, more research,,, its a cycle. many of us 9-5 folks day jobs work for companies and that company is listed in the markets. its unavoidable we are part of the market the game.

manipulation will always be in the market but if your bill gates you join the team and GET listed in the ............markets.


Jay z hustled and damon dash hustled both on the grind and boom rocakwear music concerts you name it. Iconix bought Rocawear . you see where im getting at,. You create a company and a larger company wants to buy and you get paid big dollars and you can use that money to create more businesses. Don’t matter how iconiix made their money but they are listed in the stock exchange and able to make mor e money people buying shares.
Iconix purchased the Rocawear brand in March of 2007. ...

 

[kjxxxx]

Trading right now. On the Forex. Taking a hit cause I am short USD on EUR AUD and GBP. Checking if this gap filling thing will work today. Also Short EURGBP. I know gaps can take a while to fill. But I am thinking fundamentally nothing changed since Friday. A lawsuit is not a fundamental change in the economy

dont worry we all in the same boat. find what time frames suits you and your personality, time etc. if you like long term time frames and and comfortable with your stop loss. never let your stop loss be more or equal to your profit or (target profti) as you already know. http://forextrading.about.com/od/basicforexrisks/a/riskreward_ro.htm
http://www.investopedia.com/articles/forex/07/profit_loss.asp
some risk ratio advice. heck you already know what time it is. get money continue the fight.

 

[marcvoi]

Trading right now. On the Forex. Taking a hit cause I am short USD on EUR AUD and GBP. Checking if this gap filling thing will work today. Also Short EURGBP. I know gaps can take a while to fill. But I am thinking fundamentally nothing changed since Friday. A lawsuit is not a fundamental change in the economy

do you use any technical indicators? do place your buy or sell orders and Stops? just curious that's all. I am always learning. I believe peoples personality is key whatever style suits you .