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/biz/ - Business & Finance

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1260 No.1260 [Reply] [Original]

Trading General

ITT we discuss short-term stock, forex, and other equities trading.

Some resources:

http://www.investopedia.com/
http://www.marketwatch.com/
http://finviz.com/

>> No.1310

forex a shit

>> No.1367

>>1310
I'd say it's much harder than stock trading to do well in. However, you can supposedly make larger returns quicker in forex than with stocks if you know what you are doing.
I'm going to stick with paper stock trading until I know what I'm doing.

>> No.1430

>>1367
It's not an investment, forex is pure speculation.
Would not recommend at all, especially for newbies.

>> No.1477

>>1430
> forex is pure speculation.
Tell that to Warren Buffett and George Soros.

>> No.1527

>>1477
>Warren Buffett
>forex

I was under the impression that Buffett stuck with very safe and long term investments.
Didn't he say that he was wary of internet and tech companies because of how hard it is to value them properly?

>> No.1529

>>1477
George Soros is a speculator...speculation is how you make money.

>> No.1754

http://www.marketwatch.com/game/

We should start a /biz/ paper trading game.

>> No.2656

>>1260
>forex
Literally a bucket shop scam. Holy shit you're retarded.

>> No.2856

>>1754
How does that compare to Investopedia's Simulator?

>> No.4964

check out the broker mb trading. they let you trade stocks after hours.. Just be careful and set sell limits because retail traders order cannot be filled after hours.

but trading after hours i made alot holding amd into earnings with low risk.

>> No.4995

>>1430
futures is easier. I start my career paper trading (6E) for 6 months before going in with real dosh.

>> No.5083

>>2656
I've seen people make 1000 -1200 a day for months with 4 figures. He made his own indicators and had his computer sound maxed out... so his indicators would wake his ass up at all hours..

and options are more of a scam than forex is...

>> No.5585

>>5083
you are an idiot if you believe. I'm a trader and i know how forex operates. it's a decentralized market where brokers take the other side of your trade. there is no market, it's a bucketshop. do not fall for the con.

>> No.6093

>>5083
>options are more of a scam than forex is...

Damn. I was just about to ask about options.

Why are they a scam?

>> No.6228

>>1260
Recently the market has been weird. Bad news everywhere with the job reports, QE tapering, etc. Yet the market goes up. You would expect the market to negatively respond but it seems like for now the party continues. How are you all gauging the market? When do you know it's time to pull out?

>> No.6338

>>5083
>and options are more of a scam than forex is...
If your dumb, yes it is, but if your not its extremely profitable.

>> No.6345
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6345

>not BUYING GOLD

>> No.6368

>>6345
Gold did break its downtrend but it's not smart to just buy the metal. Trade ETFs. Too bad this is a troll post.....

>> No.6487

>>5585
you can still win at bucketshops
>reminisces of a stock operator

I've looked into forex, it's basically speculation and luck

I've seen reports, one guy turned $1k into $100k in a single week. he had logs to prove it too