Is a stock trading system really profitable?

There are a few things that always keep me thinking…… there are many online trading systems that demand to be profitable in all the ways as one can be .Do they really work or they are just for ones own profit . Do they make you profitable in the stock market; provide you with great tips…..I would like to use one. If you people have any know about this, then please let me know about them.

is this one of those threads where someone else with 1 post comes in in a few hours and says "HEY MATRIX12 I JUST DISCOVERED A GREAT NEW STOCK TRADING SYSTEM AT WWW.LOLSTOCKTRADINGSPAM.COM CHECK IT OUT IT'S AWESOME"?

so sounds like set up but if you are a legit poster then I really dont thin you fully realize what you are getting into .. sounds a little on the hanky side to me... b esides my granny always told me if it ain;t broke dont fix it ..lol

Re : Is a stock trading system really profitable?

What you say is perfectly all right…with the ongoing systems available online it’s a difficult choice to decide which one is good for you. I don’t think that each and every system that claims to be good can be the best. You have to use the one that you feel is right for you and only after that you can decide the matter. But all that involves buying them and if they don’t prove to be good…you loose the cash. I have a LOL SPAM DELETED stock trading system that I use to trade in the stock market and its been good for me. This one is personally tried by me so I would advice you to have a go at this one
Happy Trading!!!

ROFL

DM = Nostradamus, IMO

wowowow

i r goot.

i can't bring myself to delete this thread, startling exhibition of my awesomeness that it is.

I think matrix has been here before with a similar name and thread.

u r goot Dorkus - I wish I had mad detective skillz like u.

Of course - it should have been obvious,

Play poker, where results can go down as well as up and variences can be expensive or.....trade in the stock market where there world has seen endless year on year profits

Some Advice

There is no, I repeat, NO, sure fire "system".

Warren Buffet would shed a tear if he read your post.

I highly advise you to read Ben Grahm's, The Intelligent Invester. If that is too much work for you, I advise letting someone else manage your money because it is highly likely that it will not turn out well for you. Just like a donk shouldn't sit down at 100/200, you shouldn't jump into the market unless you know what you are doing. 99% of the general public has no clue.

This is my sure fire tip to have a better chance at success
-read some investing books by reputable people, not get rich quick scam artists
-Learn about financial statement basics at least, a good book should cover this
-Look back in history at every sure fire trading system... Ya, not one has been sure fire.
-You CANNOT predict tomorrow's stock prices.
-Try your skill at a stock sim first, I recommend investopedia
-Be in it for the long term. The stock market is unique in the fact that stocks are valuated every day, usually wrongly. What if your house was valuated every day, would you sell if it dropped 5%? Then don't do it with a stock. The key is to find situations where the markets valuation is lower than it should be, and avoid spots where it is higher. Don't buy a stock because it goes up, don't sell it just because it goes down. If the reason you bought it in the first place is still valid, buy more, your stock just went on sale.

This whole thread is a joke yes?. The only sure fire stock comes from insider trading information, which is illegal. As for the rest, picking a stock is no different than backing a horse, eg. Worldcom, Bre-X Rotoprint, need anymore also rans? and BTW, stocks are valued second by second.

valuations

Stocks are valued on last transaction usually, stocks just happen to be sold every second.

There is a bid and an ask

bid is what a broker would pay you if you sold that stock to him
ask is what he would ask for if he sold that stock to you

the spread is his profit

If the last time a share of a given company traded was yesterday, and hasn't been purchased since, yesterday's price is not accurate, and you should look at bid/ask. This is especially important if you are buying an option, considering last trade could be $1000 cheaper than the current ask. (I learned this the hard way years ago, luckily with fake money, then again)

In conclusion, if its too good to be true, it is, and someone is probably trying to sell you a stock so he can get out of it.

I use etrade only because I have my checking account there (3.30% on a checking account is pretty good, plus all ATM fees are re-funded).

They charge a relatively high commission fee for trades ($12.99), but they have a pretty good set of tools. Live streaming quotes, good research data, etc.

Pothole said:

This whole thread is a joke yes?. The only sure fire stock comes from insider trading information, which is illegal. As for the rest, picking a stock is no different than backing a horse, eg. Worldcom, Bre-X Rotoprint, need anymore also rans? and BTW, stocks are valued second by second.

Click to expand...

+1

It's very similar to sports betting, really. The trading services are just glorified bookies. When you bet on a sports team, you do your research on what players they have, who they are up against, are there any injuries, etc. and you bet on their ability to win a game.

When you buy stock, you bet on a company's ability to operate successfully and profitably. Research the market trends, news, the management team, the earning figures, and make your decision.

Hisx1ncPS said:

Stocks are valued on last transaction usually, stocks just happen to be sold every second.

There is a bid and an ask

bid is what a broker would pay you if you sold that stock to him
ask is what he would ask for if he sold that stock to you

the spread is his profit

If the last time a share of a given company traded was yesterday, and hasn't been purchased since, yesterday's price is not accurate, and you should look at bid/ask. This is especially important if you are buying an option, considering last trade could be $1000 cheaper than the current ask. (I learned this the hard way years ago, luckily with fake money, then again)

In conclusion, if its too good to be true, it is, and someone is probably trying to sell you a stock so he can get out of it.

Click to expand...

You are correct, it is the bid offer price that changes second by second and valuation at the end of the trading day. However, the point is moot, if yer gonna play the stock market, asset allocation and risk tolerance is the only way to go,,,,,,,end of.

I have been studying investing quite a lot.

There is no sure way to make money as there are no set rules. It is more an art than a science.

You look at the company, you look at the trends. Do they tell you something that top analysts haven't noticed? Probably not.

You can get "ahead" of the market if you have some sort of insider infom but most of us don't. So the best bet is to invest into companies that are not overvalued, but have a track record of making exponentially higher profits each year.

Response rambling into philosophy

I believe in the Ben Graham/Warren Buffet style of investing.

This is not speculation, and I think speculation is to be avoided. However, if you do wish to speculate, do so with very little of your portfolio, and never exceed that amount.

According to Graham,

"an investment operation is one which, upon thorough analysis promises safety of principle and an adequate return. Operations not meeting these requirements are speculative."

There is investing, and there is speculation. Sport betting = speculation. I can't help you guys with speculative advice, because you might as well play poker with the money, at least the results are tied to your skill. When it comes to investing, I consider myself extremely knowledgeable for a 22 year old, and I can no doubt teach many of you something.

I would also say most of what I know is from research/learning on my own time, rather than my accounting classes in college. I personally prefer to teach myself. I find it more efficient, faster, and classes were always too slow to keep my attention anyways (I am a huge advocate of ditching the one size fits all education that we have in the US). A slow learner is better off with a different learning style than a genius after all, not that I am a one. I just feel that a student is limited in his ability to surpass his teacher in knowledge, and ability. However, if that teacher is not a teacher at all, but instead, a collection of knowledge from all teachers, past and present, one's ceiling is only limited by their natural ability to learn, and their effort.

That collection of knowledge was never more accessible than it is right now. The internet is a learning tool, just as much as it is a recreational phenomenon. Look no further than this forum for a great example of a collection of knowledge more powerful than any one contributor.