Best Investing Forum?



jonas33h said:
^^^ you an old man or something?

do it like AM spend the bills is the best way to learn. . . I have missed some big opportunities because I was listening to people who "knew" more than I did. Fact of the matter is most people are to emotional to cut loses when they should and hold on for dear life thinking that someday their enron stock will go back up lulz.

Some of the best trades I have made where when people said the stock had "peaked". To me that is like saying that your campaign isn't profitable anymore before you see it not being profitable.

one of the best thing I heard about trading/investing what ever you want to call it went something like this. . .

How many people have ever lost money on a stock and checked it a month later to see that had they kept the stock they would have lost more money? Does that make you happy? Most of the people in the audiance raised there hand

How many people have gained money on a stock checked it a month after selling it only to see that the price continued upwards and you missed out on additional profit? Did that make you mad? Most people raised there hand again stating that it did make them mad.

He followed up with most of you just told me you are happy losing money so long you don't lose more and mad when you make money, when it should be the other way around. mad lulz


Fin
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I rather focus my time and energy on my core businesses. Index funds just an easy way for me to diversify.
 
jenzkc said:
the only way to become a good stock trader is to do it.
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Right. And do it full time.

And be prepared to possibly lose your shirt and likely lose your mind.

I don't think most people should trade stocks, myself included.
 
infoslob said:
Right. And do it full time.

And be prepared to possibly lose your shirt and likely lose your mind.

I don't think most people should trade stocks.
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agree on all points. being a successful trader is probably one of the hardest things in the world, but also the most rewarding.
 
Another good site covestor.com

Not really a forum. But a place for top investors to tout their skills. Real money, and real accounts. No BS.

Some may reveal their strategy. Most won't.

You can link you account to mirror their trades, for a fee. I never done that. Too crazy. But it seems legit.
 
OrionSyndicate said:
Another good site covestor.com

Not really a forum. But a place for top investors to tout their skills. Real money, and real accounts. No BS.

Some may reveal their strategy. Most won't.

You can link you account to mirror their trades, for a fee. I never done that. Too crazy. But it seems legit.
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WTF!

First name I see up there is ol' Timothy Sykes. He's been posting returns that would make Bernie Madoff blush for years now.

Cool site, though. I don't trust it for a second because even if they have the top investment guys in the world - they're still going keep their best ideas and insight to themselves. Just like you or I would.
 
I am a big Timothy Sykes fan. He's a really bright guy. Gets it on a lot of levels.
 
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