maxxkatt
Forum Supporter
Maybe some of you have had success in this area. Here is my history.
several years ago put money with a well known brokerage firm to manage. in three months they managed to lose me about 2%. Note: Found out they don't really manage your money. They ask you a few risk related questions and just put you in a mix of stocks and bonds and forget about you. They sell bad performers and buy better performers. You seem to have to have a very hefty investment north of $1,000,000 to get that kind of tender loving care.
decided to learn to trade on my own and opened an account with another well known brokerage firm and used their paper trading system. Studied and learned and paper trade for about 1 1/2 years and made money and lost money and after all was said and done made a modest amount around 2%.
lot of daily work for a rather small return. used various methods with a program called stock fetcher which you can program to display stocks that meet your criteria and placed those trades with conservative stops placed to prevent large losses.
so the question is anyone having success in trading on their own behalf and any methods you use that are successful? I am basically a chartists rather than one who buys the stocks on the financial fundamentals of a stock.
Have read more than a few books on the subject of trading stocks. Every book has some great claims, but none have really panned out for me.
several years ago put money with a well known brokerage firm to manage. in three months they managed to lose me about 2%. Note: Found out they don't really manage your money. They ask you a few risk related questions and just put you in a mix of stocks and bonds and forget about you. They sell bad performers and buy better performers. You seem to have to have a very hefty investment north of $1,000,000 to get that kind of tender loving care.
decided to learn to trade on my own and opened an account with another well known brokerage firm and used their paper trading system. Studied and learned and paper trade for about 1 1/2 years and made money and lost money and after all was said and done made a modest amount around 2%.
lot of daily work for a rather small return. used various methods with a program called stock fetcher which you can program to display stocks that meet your criteria and placed those trades with conservative stops placed to prevent large losses.
so the question is anyone having success in trading on their own behalf and any methods you use that are successful? I am basically a chartists rather than one who buys the stocks on the financial fundamentals of a stock.
Have read more than a few books on the subject of trading stocks. Every book has some great claims, but none have really panned out for me.