Quote:
Originally Posted by loquitur
Oy. Tully, I get cold calls constantly. Mostly I tell them, as politely as possible, no thank you. The ones that are really persistent and insist on mistaking politeness for indecision end up having me hang up on them. These shitheads can only make money if people listen to them; they''re not invincible. Stick with someone reputable and don't try to make a killing overnight, and you'll do just fine. The miracle of compounding really does work.
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No one calls me and most stock advice ends up going to the junk folder before I ever see it.
I keep my eye out for stories about the latest greatest stock or company. I buy it right before close or just at open then sell it after the bump. For me this has been working very well. Thursday was a very nice day. Weds. eve I bought a stock for a little over a buck a share. Thursday morning it shot to 1.59 within an hour. I managed to get out at 1.52. Last I saw it it was around 1.30. That was unusably lucky and made my month. Most of the time I manage to get 0.5-3% and I'm happy. Some days I win, some I lose. Last week I bought a stock and couldn't get rid of it until I lost 8%. But so far I'm winning way more then I'm losing. I think the key is not to get greedy and try to hit the absolute peak. Just make a profit, roll it over into my retirement account and head to the beach.