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The Trading Floor (Investing, Stocks, Bonds) Discuss investing and investments here! Do your own due diligence before investing. We are not responsible for any advice or recommendations within this forum!

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  #21  
Old 01-09-2014, 07:11 AM
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^^ That's what I was looking into. Gotta set up a Scott Trade account or something. Any advice for a newby would be great. I wanna start messing with this I just have no idea what to do.


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  #22  
Old 01-09-2014, 07:18 AM
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LMAO

Yall have fun on that
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  #23  
Old 01-09-2014, 07:19 AM
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Yeah id really like to get into this kinda stuff... cheap stocks at first of course....
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  #24  
Old 01-09-2014, 07:39 AM
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Originally Posted by BassYakR View Post
Yeah id really like to get into this kinda stuff... cheap stocks at first of course....
Cheap stocks can break you faster than higher end stocks if you dont know what your doing..

Most money I ever lost was on a. 75 cent stock i bought 7500 shares it went to 82cents high then fell from. 82 to. 45 in 4 hrs then next day it
23 cents

Held for 2 years and sold for 55 cents
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  #25  
Old 01-09-2014, 07:41 AM
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Damn..... W u need to by my stock broaker! Dont wanna get rich just make a lil extra cash
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  #26  
Old 01-09-2014, 07:45 AM
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Quote:
Originally Posted by Clampy View Post
^^ That's what I was looking into. Gotta set up a Scott Trade account or something. Any advice for a newby would be great. I wanna start messing with this I just have no idea what to do.


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I'd get an app that simulates it before you just start throwing money around.

You get like $100k fake money, and play real stocks with it. Download it, and buy PHOT and see what happens. Practice with finding and predicting, then buying, and see if you're a loser without losing your money. This isn't something you want to just dive into IMO.

Or call someone that's good at it and pay them the little fee, it's cheaper than you losing out. World Tree Financial in Lafayette is spot on, Gilmo's wife on here owns it.
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  #27  
Old 01-09-2014, 07:47 AM
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know what app that would be for an android? id like to play around with it
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  #28  
Old 01-09-2014, 07:52 AM
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I used stock wars, I think stock market simulator is android
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  #29  
Old 01-09-2014, 08:25 AM
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My friend as made pretty good $ on mjna stock. Pretty similar.


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  #30  
Old 01-09-2014, 08:28 AM
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With penny stocks like this they are very easily manilipulated ... Pumped up on the Internet then dumped. Very easy to loose almost all of your " investment" . This is gonna sound weird but I consider it more a game than investment . I'm totally prepared to loose the 7000.00 I used to buy last night. If I have a gain great that's awesome . To me it's no different than walking into L'auberge casino and betting it all on red at the roulette table . With that being said me buying stock after hours like that after it was already pumped up 50% over 3 days is very stupid. I should have waited until this morning to see what it does first.... Oh well. The guys who are wanting to get in on this stock who have no trading experience should be prepared to loose your azz if you buy now . I'd wait until it comes back down to .20-.22 . Fingers crossed !
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  #31  
Old 01-09-2014, 08:32 AM
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Another good one is GRNH ... Do some reaserch , I bet someone made some coin on that 52 week low 0.02 52 week high 1.20 , right now .79, I bet this will go to 1.00 b4 people start dumping it again since it has prior history to 1.20 . If I bought I'd sell @.95
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  #32  
Old 01-09-2014, 08:32 AM
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I'm not all hard up on this one just interested in the game as a whole.


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  #33  
Old 01-09-2014, 08:39 AM
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Clamp, go buy u some , sit back , smoke a gernt n see what happens! Lol
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  #34  
Old 01-09-2014, 08:44 AM
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Clamp, go buy u some , sit back , smoke a gernt n see what happens! Lol

Well If I do that I just might by Doritos stock. Come to think of it with this beautiful thing going on called legalization Doritos might not be a bad idea.


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  #35  
Old 01-09-2014, 08:55 AM
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Quote:
Originally Posted by Goooh View Post
I'd get an app that simulates it before you just start throwing money around.

You get like $100k fake money, and play real stocks with it. Download it, and buy PHOT and see what happens. Practice with finding and predicting, then buying, and see if you're a loser without losing your money. This isn't something you want to just dive into IMO.

Or call someone that's good at it and pay them the little fee, it's cheaper than you losing out. World Tree Financial in Lafayette is spot on, Gilmo's wife on here owns it.
This is excellent advice. I enjoy playing with penny stocks and is how I started. I made money and I lost money and learned a lot. READ READ READ!!!! Lots of good books out there. I wish I had an Ipad and the Kindle app when I started it would have saved me a lot of money. One thing you need to be aware of is how capital gains will affect you. I preach on this all the time because it burned me once real bad. As well as learning about how stocks work you also need to understand the tax issues. If you not interested in educating yourself then my best advice is to seek professional help and let them handle the investing for you. But watch them too because I've seen cases where they will eat up any profits you might make with trading fees and service charges. My Mom uses a finacial advisor and he only gets paid when she makes money. That is an excellent incentive to him to make good choices.

If you decide to move forward and invest on your own. Make decisions with your head and not your heart. Easier said than done. I get nervous sometimes and jump out to soon. Just like Gambling don't spend money you can't afford. It can become an addiction.
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  #36  
Old 01-09-2014, 09:00 AM
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Good info!
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  #37  
Old 01-09-2014, 09:09 AM
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Med Box is crushing it. So is hemp inc.


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  #38  
Old 01-09-2014, 09:51 AM
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.39
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  #39  
Old 01-09-2014, 09:53 AM
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hahaha

.44
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  #40  
Old 01-09-2014, 10:09 AM
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hahaha

.44
Pisses me off knowing I could have bought at .20 !!
Mine went through at .39 this morning not .34
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