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MONA--no news YET, rumours of clean shell/marijuana play....reminds me of that HEE HAW song....."now we're not ones to go round spreadin rumours....now we just ain't the gosspin' kind...".. when I get time i shall post a youtube vid..
GM CHIC board........WILSONNNNNNNN..that's how I feel on this board!
Got my eye on MONA today..... (even though fridays suck on the market...)
that would be interesting.
generally owner is strict but if so then good for us.
hi my friend trying hard for winners. idgc
GM CHICS...only one pt today! That means hitting the gym, ihub bing AND watching paint dry... All at the same damn time!
Good nite IHUBBABUBBA BABIES!! A long, crappy day...but at least I heard from SUBLIME!!!!!!!!!!!!!
Def going to stick with nasdaq
Ok finding something else to do today!
So bummed my day job is slow...If I had to watch paint dry and chat on IHUB all day I would be even CRAZIER!
Not in the mood to watch these cockamamie stocks today, they ALL SUCK
I love my Chic board and talking to myself...it's freaking AWESOME
Got 3 books from amazon ( now THATS a stock I shoulda bought!!) 2 on Buddhism and one on forgiving.... Here's hoping they help... Maybe I will finally get to them on the plane to vegas
Watching HANGOVER 3 for the umpteenth time in order to prepare for Vegas trip in2 weeks!
Well Ihub is definitely taking time away from FB!
http://www.otcmarkets.com/stock/MONA/company-info MONA...
I have def. seen stocks with bigger OS run a bit....
AND it does NOT appear, as of yet,pumpers are pumping MONA.....
watchng MONA for tomorrow-- for all of the WRONG reasons--like my good friend who is a gorgeous guy--shares that name and rumor is a THC co has purchased the shell...maybe, maybe not....buy the rumour, sell the news??
Well...I just saw the memorial board and I am flowing with tears...strange how you really bond with people..I regret never making it to IHUB board Vegas trips...if there is ever another one..I AM GOING!!!!
BONU is like watching paint dry.....it is one of those what the hell was I thinking type of days all the way around
Precursors of April Fools' Day include the Roman festival of Hilaria, held March 25,[2] and the Medieval Feast of Fools, held December 28,[3] still a day on which pranks are played in Spanish-speaking countries.
In Chaucer's Canterbury Tales (1392), the "Nun's Priest's Tale" is set Syn March bigan thritty dayes and two.[4][5] Modern scholars believe that there is a copying error in the extant manuscripts and that Chaucer actually wrote, Syn March was gon.[6] Thus, the passage originally meant 32 days after April, i.e. 2 May,[7] the anniversary of the engagement of King Richard II of England to Anne of Bohemia, which took place in 1381. Readers apparently misunderstood this line to mean "March 32", i.e. April 1.[8] In Chaucer's tale, the vain cock Chauntecleer is tricked by a fox.
In 1508, French poet Eloy d'Amerval referred to a poisson d’avril (April fool, literally "April fish"), a possible reference to the holiday.[9] In 1539, Flemish poet Eduard de Dene wrote of a nobleman who sent his servants on foolish errands on April 1.[7] In 1686, John Aubrey referred to the holiday as "Fooles holy day", the first British reference.[7] On April 1, 1698, several people were tricked into going to the Tower of London to "see the Lions washed".[7]
In the Middle Ages, up until the late 18th century, New Year's Day was celebrated on March 25 (Feast of the Annunciation) in most European towns.[10] In some areas of France, New Year's was a week-long holiday ending on April 1.[2][3] Many writers suggest that April Fools originated because those who celebrated on January 1 made fun of those who celebrated on other dates.[2] The use of January 1 as New Year's Day was common in France by the mid-16th century,[7] and this date was adopted officially in 1564 by the Edict of Roussillon.
Longstanding customs
An April Fools' Day prank with a purported new design of an (alleged) city bus, from an April 1926 issue of the company newspaper "Echo Continental", published by the Continental Rubber Works Hannover AG company
United Kingdom
In the UK, an April fool joke is revealed by shouting "April fool!" at the recipient, who becomes the "April fool". A study in the 1950s, by folklorists Iona and Peter Opie, found that in the UK, and in countries whose traditions derived from the UK, excluding Australia, the joking ceased at midday.[11] A person playing a joke after midday is the "April fool" themselves.[1]
In Scotland, April Fools' Day is traditionally called Hunt-the-Gowk Day ("gowk" is Scots for a cuckoo or a foolish person), although this name has fallen into disuse. The traditional prank is to ask someone to deliver a sealed message requesting help of some sort. In fact, the message reads "Dinna laugh, dinna smile. Hunt the gowk another mile". The recipient, upon reading it, will explain he can only help if he first contacts another person, and sends the victim to this person with an identical message, with the same result.[11]
Iran
In Iran, jokes are played on the 13th day of the Persian new year (Nowruz), which falls on April 1 or April 2. This day, celebrated as far back as 536 BC,[12] is called Sizdah Bedar and is the oldest prank-tradition in the world still alive today; this fact has led many to believe that April Fools' Day has its origins in this tradition.[13]
French April fools postcards (Poissons d'avril)
Poland
In Poland, prima aprilis ("1 April" in Latin) is a day full of jokes; various hoaxes are prepared by people, media (which sometimes cooperate to make the "information" more credible) and even public institutions. Serious activities are usually avoided. This conviction is so strong that the anti-Turkish alliance with Leopold I signed on April 1, 1683, was backdated to March 31.[14]
April fish
In Italy, France, Belgium, and French-speaking areas of Switzerland and Canada, April 1 tradition is often known as "April fish" (poisson d'avril in French or pesce d'aprile in Italian). This includes attempting to attach a paper fish to the victim's back without being noticed. Such fish feature prominently on many late 19th- to early 20th-century French April Fools' Day postcards.
April Fools' Day pranks
Main article: List of April Fool's Day jokes
In 1957, the BBC pulled a prank, known as the Swiss Spaghetti Harvest prank, where they broadcast a fake film of Swiss farmers picking freshly-grown spaghetti. The BBC were later flooded with requests to purchase a spaghetti plant, forcing them to declare the film a prank on the news the next day.[15]
Other prank days in the world
1 May is also celebrated in Sweden as an alternative joking day. When someone has been fooled in Sweden, to disclose that it was a joke, the fooler says the rhyme April april din dumma sill, jag kan lura dig vart jag vill ("April, April, you stupid herring, I can fool you to wherever I want") for April 1 jokes, or Aj maj måne, jag kan lura dig till Skåne ("May May moon, I can fool you into Scania") for May 1 jokes.
Both Danes and Swedes also celebrate April Fools' Day (aprilsnar in Danish). Pranks on 1 May are much less frequent. Most Swedish and Danish news media outlets will publish exactly one false story on April 1; for newspapers this will typically be a first-page article but not the top headline.[16]
December 28, the equivalent day in Spain and Ibero-America, is also the Christian day of celebration of the "Day of the Holy Innocents". The Christian celebration is a holiday in its own right, a religious one, but the tradition of pranks is not, though the latter is observed yearly. After somebody plays a joke or a prank on somebody else, the joker usually cries out, in some regions of Ibero-America: Inocente palomita que te dejaste engañar ("You innocent little dove that let yourself be fooled"). In Mexico, the phrase is ¡Inocente para siempre! which means "Innocent forever!". In Argentina, the prankster says ¡Que la inocencia te valga!, which roughly translates as a piece of advice on not to be as gullible as the victim of the prank. In Spain, it is common to say just ¡Inocente! (which in Spanish can mean "Innocent!", but also "Gullible!"). Nevertheless, on the Spanish island of Minorca, Dia d'enganyar ("Fooling day") is celebrated on April 1 because Menorca was a British possession during part of the 18th century.[17]
No u are ok... We had some great guys on here once upon a time
When I get on my main PC I will try to put these in the box
Awesome keep them coming.. She ALWAYS made me laugh
Opps, I'm not a chic, better exit stage left.
Saved a lot of her posts, as I was learning. Some good reading there.
One of the best here.
teabeebubbles brings you TONS of VALUABLE WISDOM
Learn it now or let the markets take your money...either way you'll learn.
---- H e r e y o u G O ! ! -------------------------
if you dont know how to read a chart dont trade. EDUCATE, EDUCATE, EDUCATE, read, read, read....
Leave the emotions at the door... the whole market is based upon giving confidence in bad stocks and scare you out of the good stocks you are holding.
Know your entry points and exit points (both up for gain and down for loss) Many newbies spend all their time trying to find out when to enter a stock and have no idea as to exit points.
NEVER MARRY A STOCK.... I set a loss ratio of 5 to 8 percent max... UNLESS I KNOW THE STOCK AND ITS HISTORY.... this does not include when a stock shakes....
Do not use money you NEED for other expenses. All money used for trading should be extra money not needed for anything else but trading....
There are alot of good traders around... Initially, I would track who is recommending what stock and at what price they are recommending it and track it on paper.. This will give you and Idea who to follow. Remember the stock market involves money, therefor you should have your guard up at all times.
In closing, a famous person once said the hardest part of becoming a millionare is holding on to it.... there is always someone trying to take it from me.
-----
if you dont know how to read a chart dont trade. EDUCATE, EDUCATE, EDUCATE, read, read, read....
Leave the emotions at the door... the whole market is based upon giving confidence in bad stocks and scare you out of the good stocks you are holding.
Know your entry points and exit points (both up for gain and down for loss) Many newbies spend all their time trying to find out when to enter a stock and have no idea as to exit points.
NEVER MARRY A STOCK.... I set a loss ratio of 5 to 8 percent max... UNLESS I KNOW THE STOCK AND ITS HISTORY.... this does not include when a stock shakes....
Do not use money you NEED for other expenses. All money used for trading should be extra money not needed for anything else but trading....
There are alot of good traders around... Initially, I would track who is recommending what stock and at what price they are recommending it and track it on paper.. This will give you and Idea who to follow. Remember the stock market involves money, therefor you should have your guard up at all times.
In closing, a famous person once said the hardest part of becoming a millionare is holding on to it.... there is always someone trying to take it from me.
--------
By saying "do paper trades", It means this:
Start doing your research, frequent traders boards who seem to have something to offer. Identify companies whose stock you might consider trading. Then research the heck out of those firms (I would recommend you stay away from penny stocks as others have recommended. Often there is little hard data on such companies and even more often what data is available is unreliable).
Then decide what you want to trade. Are you going to swing trade? Are you going to day trade? (Note: If you don't know what these terms mean, my following advice is even more important).
NOW .... execute your trades on paper. What this means is write them down on paper next to your computer. DO NOT log in to your online brokerage account. DO NOT call your broker. DO NOT actually purchase, sell, short, or option any stock. JUST WRITE IT DOWN ON A PIECE OF PAPER NEXT TO YOUR COMPUTER. Continue trading your selected stocks this way (on paper next to your computer), keeping track of what you are making (or losing) on each trade. See ... now you are learning! And you haven't lost a plug nickle yet, even though you are getting an education.
Continue doing this for as long as it takes. Believe me, you will start off losing money (on paper). Keep doing this until you start making money (on paper) and feel confident in what you are doing.
Now ... try the real deal. DO NOT risk a lot of $$ starting off. Only risk what you can afford to lose. If you do lose, go back to paper trading until you get better. You may end up only paper trading for months until you understand what you are doing. GOOD!! You don't want to risk real $$ until you REALLY understand what you are doing. Until then, leave your $$ in a savings account.
Otherwise, you may as well go to Vegas or flush your $$ down the toilet.
-----
If you're gonna play the pennies....
You 'MUST' consider the following!
Subject: 'Leverage' aka 'Money Management'
You must use percentage/leverage, if you do, it becomes your friend.
Let's say you bought 'XYZ' @ .02 and for whatever the reason, you're still holding all your initial and subsequent buys. You come home from work one day and find it closed @ .075.... that's over 300%.... "I think you're starting to fall in love?" if you don't sell some now! Don't get caught holding a bag because you read some faceless and nameless post that said 'It's going to .12".
The thing has already given you over 300%.... in order for it to give you 1 more 100% it must "DOUBLE!!!".... 'hello!'
You're overdue. Sell some of your little boy/girl friend and go to cash and start looking for another 'Lolla Lovely' or "Mr. Wonderful'.
The attributes your new love interest should have should be the following:
1) The PPS should be at least 200% lower than the PPS of the stock you sold.
2) It should meet the same criteria that made you buy 'XYZ'.
3) If you don't find it today......"THERE'S NO RUSH".......'that's why God made tomorrow!'
The more shares you have the more 'bang for the buck'.
"LEVERAGE is KEY"!!!!!
-----
some things i've learned and remind myself of:
-ALWAYS PROTECT YOUR ACCOUNT - don't put all your money on one issue, one halt and you are done...
-LOCK IN PROFITS - u can always let some ride free
-DON'T CHASE ( if u do, you'll prolly be buying my shares ) - u can always wait for the dip, the inevitable dip..and if that does not come - there's 10 more trains leaving the station soon enough
-DON'T MAKE BOREDOM TRADES THAT BREAK YOUR OWN RULES
-TAKE A BREAK DURING THE TRADING DAY - some of by worst trades have come after a very good or very bad trade where i either felt invinsible or angry - and either state of mind will kill u in the market..
-DON'T GIVE UP ON HIGH VOLUME STOCKS - if the volume is great, time and time again these stocks will run and run after some consolidation..
-DON'T THROW GOOD MONEY AFTER BAD - i'll leave that up to interpretation - but suffice it to say the only time i average down is during a 5 minute period on a bounce ie - dlgi yesterday lol..
-EVERY DAY IS A NEW DAY - if u have a bad day, learn from it, re-examin your trades and where you messed up and do better the next morning
-TAKE MONEY OUT OF YOUR ACCOUNT (PROFITS) EACH MONTH AND PUT IT IN A SAFE PLACE...
-LOSE THE EGO...this is a big one, pride can cost u much...the markets have a way of humbling those who get a large head..
-I HAVE SEVERAL SPECIFIC DO'S AND DONT'S THAT ARE JUST FOR ME AND MY TRADING STYLE - make up your own rules that work for you and stick with what is working..
-HOMERUNS ARE GREAT - but singles and doubles and bunts can get the job done and don't require so much luck..
-LEARN TO SCAN TO FIND STOCKS - if you don't you are relying on others to do the work and they will get most of the reward
-MAKE SURE U ENJOY - if you don't enjoy trading and find yourself in a 1/2 state of panic, maybe this is not for you...it takes a certain type i believe
---
PAY OFF YOUR DEPTS AS YOU CAN WHEN YOU MAKE A LOT OF MONEY IN THE MARKET
- There is no better reward than to have made a great trade where you've made lots of money on it and take most of that money out if you can. Once I was lucky enough to find a windfall that I used to pay off my entire depts and what a relief that was.
MY OTHER FAVORITE IS READ READ READ...
- I always read as a way to brush up on ideas I have either forgotten or need a refresher on.
My ABSOLUTE favorite book is "TOOLS & TACTICS FOR THE MASTER DAY TRADER
By Oliver Velez and Greg Capra (the Pristine.com guys)
It is the best 389 pages you will ever read in your trading career - and yes if you do this for serious money you must treat it like a career and invest time and money in getting great at it.
A Quitter Never Wins and a Winner NEVER Quits!
---------------
1) Always know WHY you are entering a trade. Always know why you are exiting a trade. Every single trade.
2) Don't chase. Enter the stock at a level that makes technical sense, knowing beforehand what a technical failure in the stock looks like.
3) Always, always, always, use a stoploss, trailing or otherwise. Never hold a loser. This is dead money. However, also, never use a “physical” stoploss, only a mental stoploss. If market makers want shares, and they can see yours (with Level III), they will come get them. If you can’t trust a stock (because you’ve never traded it before, or because the technical reason for entry is comparatively weak) or watch the stock, and you have to leave your live charts, sell it.
4) Use Chatrooms and Stockboards as WATCH LIST fodder. Use these posts to build your watch lists only. Do not automatically jump in just because you see your favorite guru posting his entry. You are chasing. And, you are not learning if you do this.
5) Learn technical analysis. At a minimum: Learn how to spot resistance and support levels, and learn how to draw trendlines. Also, work on spotting common patterns, cup and handle, head and shoulders, ascending triangles, box formations, Fibonacci levels, etc. These are your tools; a craftsman has to be able to use their tools well.
6) Trust the chart. Have patience. The chart doesn't lie. It can’t. (But also know what your stoploss is).
7) Trade your day in a completely professional manner. Make it serious business. Don't allow sloppiness to enter into your mindset. The marketplace is completely unforgiving, and the sloppy get slaughtered.
8) Keep emotions out of your trades as much as you can. The more closely you can emulate machine-like executions, the more money you will make. Emotions will cost you cash.
9) Never, never, never chase a stock. Up or down. In or out. If you miss your entry, let it go. Another bus is coming soon. If you miss your exit, remain calm. Identify the next support level, and look for a bounce off that. If no bounce comes, exit, calmly, at that support level. Never chase stocks. If you chase, you are trading with emotion. That is a deadly combination.
10) Sell at least half your shares into strength as price approaches a technical area. Lock in profit. However, don’t close a position just because you have made a certain amount of money; sell for technical reasons. You’ll leave less on the table.
11) Be very selective, especially during low volume periods. Practice sitting on your hands.
12) Don't pull money out of a winner, or a fledging position, to chase another stock that might be moving.
13) In general, sell into strength, but into weakness (but only if the overall trend is up).
14) Especially for OTC, have a target exit in mind, at a point of resistance. Watch closely as the stock approaches. OTC stocks can plummet fast; the use of a simple trendline violation won't always work. Use Level II as a tool for entering and exiting a position only. Don’t watch Level II every single moment (unless you are scalping). Market makers will drive you batty.
15) Never try to "beat" a stock. If you get beat by a stock, move on to another issue, unless there is a solid technical reason for re-entry.
16) Paper trade for at least a few months. No one wants to do this. No me, not anyone. Everybody wants to jump in right after they're flush with their first success. And, bonus, guess what? Paper trading won’t teach you everything you’ll need to know. It’s not even that close to the real deal! But paper trading will help immensely. It’ll save you money.
17) Keep a trading journal. Use it. Always include commissions in the cost of doing business. Note your mistakes. Learn from your mistakes. The market punishes mistakes. You’ll want to learn as quickly as you can.
18) Build redundancy into your trading rig. Multiple connectivity points. Multiple access points to your broker. Multiple computers (in fact, multiples of hardware across the board if you can get it), multiple data sources. Stocks can drop very fast. You don't ever want to be blinded by equipment failure. You can lose money. Use the very best trading rig you can get your hands on. Then duplicate it.
19) Know your datafeed/charting software intimately.
20) If you play news, make sure your news server is fast, and make sure you fills are fast. Otherwise, don’t play news.
21) Keep learning. Never stop.
22) Stay humble. The market will eat your ego for breakfast.
23) Eat right, exorcise. Take breaks during the trading session. Learn to meditate. Then, meditate. This is a high stress business, especially while one is learning.
24) There is a human being behind every post; be nice to people in Chatrooms and Stockboards. They are helping you.
25) If you start to make a consistent profit, don’t forget to pay yourself.
and, finally, The Trend Truly Is Your Friend.
-------
Basher's Handbook
http://messageboardfools.com/bashers.htm
Don't Chase and Hold <--my problem
http://www.investorshub.com/boards/read_msg.asp?message_id=2817369
trade paper for a while! (simulation)
Investopedia.com
volume, float, share price, % of portfolio, and liquidity
http://www.investorshub.com/boards/read_msg.asp?message_id=2817380
compilation of other rules and important thoughts to consider
remember that you are the market. It is not some
ghostly shadow that does mysterious things out of your
sight. It is what you make it, what I make it, and
what every other trader makes it.
The market does not go up by itself, it's the traders
buying more than the sellers are selling that makes it
go up.
And don't blame every misfortune on the market. Examine
closely the actions that led to the disappointment and
learn from it.
----------
The Investment books: A Beginner's Guide to Daytrading Online by Toni Turner and her latest swing trading book. It shows how to utilize the market internals, reversal period trading and the Trin/tic and of course the S&P and Nasdaq futures, setting stops, buying off intraday support etc. Don't spend zillions on seminars, $100 books and trading systems that make only the producer rich.
Trading in the Direction of the trend of course but my best strategy would be sit on the sidelines until 10:00 a.m. Some traders go ballistic in premarket and at 9:40 or so shouting about upside and "nabbing" stocks only to have them sell short at 10:00 SPIKE HIGHS.
Prepare for gap ups that ultimately crap especially after earnings reports.
Once your stock appears in the Investor's Business Daily, its time to sell off and once its "recommended" as an earnings play to hold by briefing.com, get out while the going is good. Best time to buy stocks that are volatile is in the "anticipation" before an expected earnings report, mid-quarter report, etc.
chances are very high that the anticipation will end up in a rather strong reversal (see CYMI today for an example or the "INTC anticipatory mid-quarter update") Buy the rumor and sell the news makes good sense.
Prepare also for gap fills. Sometimes stocks are down so much in the morning that traders and even some investors look for a bargain and it gets filled quickly. Keep on the lookout for any earnings reports that morning or downgrades on 'favorite' companies that might cause early buying.
------
trading
a stock and taking profits along the way to either get back your capital or lower your cost average...
example
IDNW
you buy 100,000 shares at .05..
you sell 25k shares at .06 on the first 20 percent move
now you have spent 5,000 dollars...
you have got back 1500 dollars
the 75,000 you have left has now cost you 3500 dollars...
than on the next 20 percent which happened to be this mornings gap you sell 25,000 at .07..
now you got 1750 dollars for that
now you have 50,000 shares left..
you spent 5k ,you got back 3250..
so your capital out is 1750 dollars for 50,000
which puts your cost now under.04...
so now becomes your options ,in an ideal stock move you wait for another move of 20 percent to sell another 25k,but you can change your target to suit you,me personally i like to sell enough from this spot to get the capital back and take a little profit and leave something left to go the distance in case the stock goes and i dont have to pay attention..
in this case i sold later in the day 40k at .07
and now have all my capital back from the 5k investment,
plus 1000 of profits and 10,000 shares left that i dont have to watch and can pay attention to other stocks without a worry in the world of the IDNW shares..
this is my definition of position trading,and only something i will do in a good market..
the goal is to make 500-1000 dollars profit on the trade and
have 10-15 percent of shares left in case a stock goes
from .10 to over 1.00 like the 200 that did in 2000....
-------
TAKE A BREAK DURING THE TRADING DAY - some of my worst trades have come after a very good or very bad trade where i either felt invinsible or angry - and either state of mind will kill u in the market.
Yep. If you aren't getting that high than your preperation to succeed will go down along with your success!
MAKE SURE U ENJOY - if you don't enjoy trading and find yourself in a 1/2 state of panic, maybe this is not for you...it takes a certain type
----
"Good judgement is usually the result of experience. And experience is frequently the result of bad judgement. But to learn from the experience of others requires those who have the experience to share the knowledge with those who follows." B. LePatner
---
DO determine the size of your trade based on a rationally selected stop loss point and your risk control rules.
DON'T select your stop loss point based on the size of your trade. This is backwards.
Here's an example: WXYZ is trading at 2.50, and there is a nice support level at 2.25. Also, my risk control rules tell me that I am not willing to lose more than $100 on this trade
The wrong way: "OK, let's see...I'm going to buy 1000 shares of this, so I better set my stop at 10 cents down so I don't lose more than $100. I'll set it at 2.40. (huh???)
The right way: "OK, let's see, based on my chart the best stop point should be at 2.25 which is a 25 cent per share loss. So if I don't want to lose more than $100 I should only buy 100/.25 = 400 shares.
----------
after doing #1
decide if you are going to make an investment or a trade.
there is a HUGE difference between the two.
Warren Buffet who is listed as the 2nd wealthiest individual in the world says you should never buy stock in a company if you would not be happy to own it at half its current price. he also buys large pieces of companies or entire companies with NO EXIT STRATEGY.
wait - i thought if it dropped 8 or 10% that means i should sell. well...if you bought it just to trade and you feel that's what is necessary fine.
decide up front.... am i just buying this paper to flip it at a higher price or am i buying a piece of this company because i believe in its long term potential. in other words - SEPERATE YOUR INVESTMENTS FROM YOUR TRADES.
read IHUB for information on how to TRADE but go here for to learn about INVESTING: http://www.berkshirehathaway.com
begin by reading the annual reports.
you need to know WHAT you are buying and WHY you are buying it.
be careful - if you want to TRADE shares of a company then dont view your purchase as an INVESTMENT. if you are investing in a company then you should view your purchase of shares as a purchase of a piece of the company and not necessarily as a trade.
if i own shares of a company and am long and view my position as an investment... the stock can drop 50% and i wont flinch...in fact, i will generally view it as a buying opportunity.
on the other hand - if im just flipping paper...the stock doesnt even have to drop. i might sell it for the same price i bot it for or sell it if it dips 1% because i didnt buy it as an investment - i just bot it to trade.
traders make money and investors make money...but i dont see any traders on the list of the worlds wealthiest people.
Berkshire Hathaway stock is $93,000.00 because Warren Buffet decided early on that he would not split the stock in order to keep TRADERS away: http://finance.yahoo.com/q?s=BRKa&d=t
-----
Have a written plan for every trading day. For example:
Know where your stops are for every thing you already own,
Have a list of already charted stocks that you would be willing to buy for the following day and what criteria they need to meet in order for you to buy them,
If you alread know what 'don'ts' your susceptible to, write them down for re-inforcement,
(that's just a couple - put in your plan what YOU want to do)
Rarely will your trading day exactly follow your plan but having a good plan can take a lot of stress out of trading and will almost assuredly increase your chances for success.
-----
So you want to daytrade? First thing you do is go to the bank. Withdraw $10,000 in hundred dollar bills and bring them home.'
Go out to the backyard use the money to build a nice pile in the bar-b-que. Pour starter fluid on the money and set fire to it.
Watch it all burn completely to ashes that can't be taken to the bank and be replaced with new bills.
Now you know what is like to lose $10K. If you can't do this, then don't daytrade at all. You don't have the stomach or the money for it.
--------
....ALWAYS keep some funds available for that surprise stock that takes off like a rocket or a real value that you've been waiting for. It's an awful feeling to watch a run that you miss because all funds are tied up.
----
Do trade with the strength or weakness of the industry or sector that the stock or option you are trading is most closely related to. Don't forget that there are ways that you can use to predict changes in the direction of that trading:
Short Term Indicators vs. the SMH; any index can be used - The first set of short term indicators I use are based on the put to call ratio. To go long it is best to wait for the put to call ratio to close over 1.0. On the chart below the put to call ratio now updates intraday but it is not always accurate! Intraday reading of the put to call ratio can be found here updated every half hour after the open:
http://www.cboe.com/MktData/default.asp
The more days in a row the put to call ratio prints over 1.0 this the more likely the bottom will be a strong one. The link above shows intraday readings of the P/C ratio.
Also closes on the put to call ratio below 0.50 and sometimes a bit above are indicative of a short term top. Watch the simple moving averages as well because periods of too much buying of puts or calls will almost certainly bring about market bottoms and tops respectively. On the CPC/VIX ratio; this is largely a longer term indicator where investors are likely to make more money on the long side once the short-term 21 day sma has crossed above the 200 day sma. The reverse is true as well. An investor will likely make more money on the short side when the 21 day sma crosses below the 200 day sma:
--------
DO: try and have an clear idea of what your exit price is when you go in - if it reaches it faster than you expected and you think there's a good chance for it to keep going, sell half!
DON'T - be afraid to go back into a position that you previously lost in.
DO - have a set of rules
DON'T - break your rules - at least try not to, too often (you will eventually break them - if you're human).
----
1.Don't Rush to get in a stock, any stock..because you want
to trade something. You don't have to be in the market
all the time. It will happen.
2.Do Read eveything you can get your hands on like..
The Market Makers Edge,Daytrader's Survival Guide, Penny stocks
the next American Gold rush..Norm mentioned: Master Daytrader
a very good one.There are also trading Mags.
3.Don't try to over complicate T/A there are enough
indicators out there to make any stock look good or bad.
For me Simple is better...but learn enough to know the difference.
4. Please don't believe the hype, get to know a few honest traders here on IHUB to follow. There are to many good one's to name. But the goal is to find a few stocks you have faith in
and flip them over and over.
5. Don't give up and enjoy.. you have plenty of time.
------
"Plan the play and play the plan".
My biggest don't is "don't hope it will bounce back, just take your loss and come to fight another day".
Last, a little turnips wisdom, if the TA and the FA do not jive, believe the TA.
---
Figure out what risk control and money management rules you want to use!! This should be done AFTER you figure out what strategy you're using (breakout vs contrarian, long-term vs short term, etc..)
:
1. Set a maximum amount that you can LOSE on a trade, like 2% of total capital for example. Your individual trade sizes can be larger, but your stops will be tighter as the trade size increases. This is one more suited to an active short-term strategy because it won't tend to tie up your cash.
2. Set a maximum amount that you will allocate PER TRADE (as Zeev said). This means that you don't spend more that 5% of your capital on any position for example. In this example, you could lose your entire position and still be down only 5% on your account. This might be more appropriate for someone who wants to place much wider stops and who is comfortable holding a position at an unrealized loss for a long period of time. One thing to remember: 20 open positions and you're done buying under this method (assuming the 5% figure).
I'm sure there are other risk control methods and examples, but choose one that makes sense for what you're doing.
--
think it should be more what percentage of the capital allocated to training, I suggest no more than 5% to any single position....that assures that even a lousy trade with a halt, does not ruin you and leaves you with enough to come and fight another day.
---
I say... Always continue to invest and don't give up.
I reccommend papertrading a strategy before putting your money to work. This will lessen the burden of losses, if the play doesn't work.
Also- use trailing stops when your stock goes up. Find a percentage or amount behind the high of the day, and move up with the trend. Don't try to guess the top, and don't feel bad taking a profit under that high- cause what goes up, always corrects (sometimes drastically).
Buy a couple of investment books and read them- use the "advice" that fits your stratey. Throw out the complicated crap. Keep it simple.
Record your buys and sells as they occur. Makes tax time much easier, and you can see your results. I use an excel spreadsheet, and I know others that use a leger. Use whatever works for you.
Never buy a stock based on "hype" alone. Research the company. Minimum- check the filings and PRs for diltution and/or legal problems. Understand the risk before jumping in.
Have a plan for an exit stragety- before you buy the stock. Plan the trade and trade the plan. If the plan fails you, know where that breaking point (Max Pain)is.
Never put all your money on one stock. Keep a little on the side for the next opportunity.
Hope this helps a few folk-
Mankind's most frightening risk is not taking any
teapeebubbles Thursday, 05/19/11 04:23:05 PM
Re: teapeebubbles post# 781
Post # of 15017
Seven Habits of Ineffective Traders
(reposted acct it's a great read)
Friday November 5, 1:03 pm ET
By Ken Wolff, RealMoney.com Contributor
Recently, a couple of people I know packed up and quit trading after struggling for a long time to hold their heads above water. They didn't make it.
This isn't unusual, of course. This profession has a high failure rate. But it frustrated me.
It frustrated me because I could see potential in them. I don't believe you have to be particularly talented or intelligent to be a successful trader, but these people seemed to have a grasp on the market and the love of trading that's necessary.
They had the tools, the knowledge, the time and the funds. It also frustrated me because I could see the pressure they were under that contributed to their failures. Most of all, though, it frustrated me because I could clearly see what they were doing wrong, but they couldn't stop repeating the same mistakes.
This happens a lot. I see a lot of people making the same mistakes. So I thought I'd share my list of the seven most frustrating things that struggling traders do.
1. When people won't do their own homework. Too many people want to make money, but aren't willing to put the time in and do what it takes. I love answering questions, and I have a passion to help people learn, but when I notice someone asking the same questions over and over, and they are basic questions that anyone could Google, and gave it 30 seconds worth of effort, I know that person is lazy and probably won't make it.
You want to know what makes successful traders? People who glue their butts to their chairs. Look at their computer desks and you're likely to see lots of coffee rings and crumbs. You get out of something only what you put into it. If you aren't willing to take notes, take some initiative, keep a journal and spend a lot of time watching stocks, I don't see much hope for you as a trader.
2. When people can't explain their reasoning for a trade. If your reason for entering a trade is something vague like, "I thought I saw buyers, and last week it had news, and I dunno, it just looked good," then you don't belong in that trade! People like this usually have no clearly conceived, written, organized trading strategy because they are lazy. They are doomed to failure.
If you have no solid reason for a trade, you will have no confidence in it. You will wind up mistiming, misjudging, fumbling and losing. Here's a quote from my partner Phil Rosten, who is a brilliant technician:
I think the most important thing to do is to develop a system that you have confidence in. You will get nowhere if you are second-guessing what you are doing. When the market is open, you need to know what you are doing, and why you are doing it, without thinking too much about it. If you start thinking too much about what you are doing or second-guessing yourself, you will quickly get taken out of the game.
Believe it or not, it doesn't matter much what your reason is, as long as you are consistent with that reasoning. But you'd better have a reason.
3. When people make things more complicated than they need to be. Let me give you an example. One of the leaders in my chat room finally unveiled a new trading system he had developed after more than a year of extensive testing. The system works just as it is. It isn't perfect (no trading system will be 100%), but it is highly profitable.
People's initial reactions were interesting. Instead of saying, "Wow, great. Let me give it a try," a common first response was, "I wonder if it would work even better if we changed this and that, and instead of a 15-day moving average we used a 10-day moving average," and on and on. Before they even tried or understood the system, before ever becoming profitable and successful with it, they immediately set about trying to improve it.
Maybe it's human nature. We love trying to reinvent the wheel. Many of us see trading as a puzzle. If we could just find that solution or formula that no one else has thought of yet, we would be rich and happy. A lot of people think that the more indicators they pile on, the better their trading results will be. So they wind up with analysis paralysis, unprofitable and frustrated, convinced that trading is an unwinnable gamble.
I can't say this enough: What matters is not the system itself, but what you do with the system -- your discipline to use it and keep stops. You won't find a system that always works, so you'd better limit those losses. Two percent of your trades can easily wipe out 98% of your gains if you can't keep stops.
4. When people enter a trade for a good reason, then lose their nerve and exit too soon. This is a lot like walking across a log over a river. If you keep focused on your goal, you will get to the other side. You know how to walk a straight line, and you would have no problems if the log was on the ground. But once you are out there, if you start second-guessing yourself and looking down at the rocks below, you will fall. Too often emotions set in and sabotage good trades.
If you have a reason, stick with it. Stay in the trade until your target is reached, you have an exit signal, or the reason for your entry is no longer valid.
5. When people hesitate, or follow others, and enter a trade too late. I understand traders' lack of confidence and I can empathize because I've been there. If they don't get a grip on it, though, it will be their downfall. Calls are great and gurus are great, but if you follow, you will always be late. You need to learn to rely on your own reasoning. Otherwise you will be too slow and you'll become fish bait.
Inexperience is often the reason for this, and that will take care of itself with time. That's why I recommend starting with small shares until you gain confidence in your system and your ability to keep stops. But this problem frequently has to do with deeper emotions, pressures and self-esteem problems that may not go away as easily.
This is hard stuff because it's all about confidence. When you are under pressure from a spouse who disapproves of your trading, or under pressure to pay bills, etc., you are working under an enormous amount of fear and pressure. And that is automatically going to cause hesitation. I know that's a hard situation.
But I tell you, if you don't get that under control and learn to trade like you don't need the money -- with control and a system, leaving out emotion -- you are not going to make it. You must find a way to ease that pressure. Get a part-time job if things are that rough and you still believe trading is the job for you. If you cut back and trade a couple of days a week without the pressure, you'll probably trade better for it and wind up making more money than you did trading five days a week under pressure. I've seen it happen many times.
6. When people will not contemplate the real reasons for their failures. I don't know how many times I have heard this: "The market was tough today. I had one good early trade and then gave it all back in the afternoon in a few bad trades."
Let's be honest here. The market wasn't making you do those stupid later trades. It was you. Don't blame it on the market when in reality you were chasing longs all day when the market was tanking.
Then people will say something like "I need help with risk management," "I need help learning to find good entries," "I need help learning executions" or some other topic not really related to their true mistake. What they need instead is a dose of self-restraint and some personal accountability. They need to stop making trades out of boredom, frustration, regret or any other reason other than "it met my trading criteria." They also need to be honest about these criteria and not stretch things into "well, it kind of meets my criteria -- if I look at it cross-eyed."
I know this is hard. It's tough to sit there all day and stare at these numbers, especially when things are slow and there have been no good trading opportunities that day. It's like fishing. Fishing can be really boring. But if you aren't sitting there waiting with your hook in the water, you won't catch anything when the big fish come by. And it won't help if you jump in the water every time you see a ripple, trying to convince yourself you had a bite.
7. A defeatist attitude, especially in me. The potential in our lives far exceeds what we ordinarily imagine. Too often we put limitations on ourselves with Eeyore-like thinking. We say "I can't do this" or "I am just not smart enough" or "I'm just unlucky." In doing so, we fail to challenge ourselves and develop new potential because we've lost faith in ourselves.
We are like circus elephants tied with small weak chains to a stake, believing we could never get free, unaware of our own strength. We possess tremendous potential, but if we develop the bad habit of convincing ourselves that our potential is limited, we will not actively challenge ourselves and grow. Like the elephant, we will be held captive by our own beliefs.
If you have a defeatist attitude, you've already lost. So let's keep a positive mindset and try to see each mistake as a stepping stone to growth.
teapeebubbles Saturday, 04/17/04 05:21:01 PM
Re: None
Post # of 93
The difference between genius and stupidity is genius has it's limitations, stupidity doesn't.
She had many great posts !!
teapeebubbles Saturday, 04/10/04 10:39:57 PM
Re: None
Post # of 93
If you're gonna play the pennies....
You 'MUST' consider the following!
Subject: 'Leverage' aka 'Money Management'
You must use percentage/leverage, if you do, it becomes your friend.
Let's say you bought 'XYZ' @ .02 and for whatever the reason, you're still holding all your initial and subsequent buys. You come home from work one day and find it closed @ .075.... that's over 300%.... "I think you're starting to fall in love?" if you don't sell some now! Don't get caught holding a bag because you read some faceless and nameless post that said 'It's going to .12".
The thing has already given you over 300%.... in order for it to give you 1 more 100% it must "DOUBLE!!!".... 'hello!'
You're overdue. Sell some of your little boy/girl friend and go to cash and start looking for another 'Lolla Lovely' or "Mr. Wonderful'.
The attributes your new love interest should have should be the following:
1) The PPS should be at least 200% lower than the PPS of the stock you sold.
2) It should meet the same criteria that made you buy 'XYZ'.
3) If you don't find it today......"THERE'S NO RUSH".......'that's why God made tomorrow!'
The more shares you have the more 'bang for the buck'.
"LEVERAGE is KEY"!!!!!
Need to figure out how to post that dancing banana
teapeebubbles Member Profile teapeebubbles Tuesday, October 02, 2012 3:44:26 PM
Re: bonds post# 190516 Post # of 190543
A bunch of guys were sitting around the break room talking about sex and women of course and in comes Joe Schmo.
One guy says to the other guys, "Man I just don't understand it. That guy Joe is just an average ordinary looking guy who doesn'thave a lot of money and he gets all the women he wants with the snap of his fingers."
"What the hell does he got that I haven't got?"
And this other guy who is an old timer and has been around awhile looks at the guy and says, "Son let me ask you a question. When you go to the bathroom and you get done whizzing, do you shake your penis with your hand to get off the excess urine?"
And the other guy is kind of puzzled but he says "Well yeah. Of course I do."
"But what does that have to do with Joe getting all the women?"
The old timer looks him in the eye and says "Well son, Ol' Joe over there when he gets done taking a piss, he doesn't shake it, He Kicks It!"
teapeebubbles Friday, 04/28/06 05:13:10 PM
Re: rlangmaid post# 3334
Post # of 4784
How many of these did YOU know about?
A sealed envelope - Put in the freezer for a few hours, then slide a
knife under the flap. The envelope can then be resealed.
(hmmmmmm...)
============================================
Use Empty toilet paper roll to store ! appliance cords. It keeps them
neat and you can write on the roll what appliance it belongs to.
============================================
For icy door steps in freezing temperatures: get warm water and put
Dawn dish washing liquid in it. Pour it all over the steps. They won't
refreeze. (wish I had known this for the last 40 years!)
============================================
To remove old wax from a glass candle holder, put it in the freezer for
a few hours. Then take the candle holder out and turn it upside down. The
wax will fall out.
=================================================
Crayon marks on walls? This worked wonderfully! A damp rag, dipped
in baking soda. Comes off with little effort (elbow grease that is!).
============================================
Permanent marker on appliances/counter tops (like store receipt
BLUE!) rubbing alcohol on paper towel.
=============================================
Whenever I purchase a box of S.O.S Pads, I immediately take a pair of
scissors and cut each pad into halves. After years of having to throw
away rusted and unused and smelly pads, I finally decided that this would
be much more economical. Now a box of S.O.S pads last me indefinitely!
In fact, I have noticed that the scissors get 'sharpened'' this way!
=============================================
Blood stains on clothes? Not to worry! Just pour a little hydrogen
peroxide on a cloth and proceed to wipe off every drop of blood. Works
every time! (Now, where to put the body?) LOL
=============================================
Use vertical strokes when washing windows outside and horizontal
for inside windows. This way you can tell which side has the streaks.
Straight vinegar will get outside windows really clean. Don't wash windows
on a sunny day. They will dry too quickly and will probably streak.
============================================
Spray a bit of perfume on the light bulb in any room to create a lovely
light scent in each room when the light is turned on.
============================================
Place fabric softener sheets in dresser drawers and your clothes will
smell freshly washed for weeks to come. You can also do this with towels
and linen.
=============================================
Candles will last a lot longer if placed in the freezer for at least 3
hours prior to burning.
=============================================
To clean artificial flowers, pour some salt into a paper bag and add the
flowers. Shake vigorously as the salt will absorb all the dust and dirt
and leave your artificial flowers looking like new! Works like a charm!
=============================================
To easily remove burnt on food from your skillet, simply add a drop or
two of dish soap and enough water to cover bottom of pan, and bring to
a boil on stove top.
==============================================
Spray your TUPPERWARE with nonstick cooking spray before pouring
in tomato based sauces and there won't be any stains.
=============================================
Wrap celery in aluminum foil when putting in the refrigerator and it will
keep for weeks.
=============================================
When boiling corn on the cob, add a pinch of sugar to help bring out the
corn's natural sweetness
.=============================================
Cure for headaches: Take a lime, cut it in half, and rub it on your
forehead. The throbbing will go away.
=============================================
Don't throw out all that leftover wine: Freeze into ice cubes for future
use in casseroles and sauces ......... Left over wine? What's that?
=============================================
! To get rid of itch from mosquito bites, try applying soap on the area
and you will experience instant relief.
=============================================
Ants, ants, ants everywhere ... Well, they are said to never cross a chalk
line. So, get your chalk out and draw a line on the floor or wherever ants
tend to march. See for yourself.
============================================
Use air-freshener to clean mirrors. It does a good job and better still,
leaves a lovely smell to the shine.
! ============================================
When you get a splinter, reach for the scotch tape before resorting to
tweezers or a needle. Simply put the scotch tape over the splinter, and
then pull it off. Scotch tape removes most splinters painlessly and easily.
=====================================
Now look what you can do with Alka Seltzer........
Clean a toilet.
Drop in two Alka Seltzer tablets, wait twenty minutes, brush and flush.
The citric acid and effervescent action clean vitreous China.
============================================
Clean a vase.
To remove a stain from the bottom of a glass vase or cruet, fill with water
and drop in two Alka Seltzer tablets.
============================================
Polish jewelry.
Drop two Alka Seltzer tablets into a glass of water and immerse the
jewelry for two minutes.
=============================================
Clean a thermos bottle.
Fill the bottle with water, drop in four Alka Seltzer tablets, and let soak
for an hour (or longer, if necessary).
=============================================
Unclog a drain.
Clear the sink drain by dropping three Alka Seltzer tablets down the
drain followed by a cup of Heinz White Vinegar. Wait a few minutes,
and then run the hot water.
=============================================
teapeebubbles Tuesday, 06/20/06 07:54:52 PM
Re: rlangmaid post# 3586
Post # of 4783
Never, put your banana in the refrigerator!!!
This is interesting.
After reading this, you'll never look at a banana in the same way again.
Bananas contain three natural sugars - sucrose, fructose and glucose combined with fiber. A banana gives an instant, sustained and substantial boost of energy.
Research has proven that just two bananas provide enough energy for a strenuous 90-minute workout. No wonder the banana is the number one fruit with the world's leading athletes.
But energy isn't the only way a banana can help us keep fit.
It can also help overcome or prevent a substantial number of illnesses and conditions, making it a must to add to our daily diet.
Depression: According to a recent survey undertaken by MIND amongst people suffering from depression, many felt much better after eating a banana. This is because bananas contain tryptophan, a type of protein that the body converts into serotonin, known to make you relax, improve your mood and generally make you feel happier.
PMS: Forget the pills - eat a banana. The vitamin B6 it contains regulates blood glucose levels, which can affect your mood.
Anemia: High in iron, bananas can stimulate the production of hemoglobin in the blood and so helps in cases of anemia.
Blood Pressure: This unique tropical fruit is extremely high in potassium yet low in salt, making it perfect to beat blood pressure. So much so, the US Food and Drug Administration has just allowed the banana industry to make official claims for the fruit's ability to reduce the risk of blood pressure and stroke.
Brain Power: 200 students at a Twickenham (Middlesex) school were helped through their exams this year by eating bananas at breakfast, break, and lunch in a bid to boost their brain power. Research has shown that the potassium-packed fruit can assist learning by making pupils more alert.
Constipation: High in fiber, including bananas in the diet can help restore normal bowel action, helping to overcome the problem without resorting to laxatives.
Hangovers: One of the quickest
ways of curing a hangover is to make a banana milkshake, sweetened with honey. The banana calms the stomach and, with the help of the honey, builds up depleted blood sugar levels, while the milk soothes and re-hydrates your system.
Heartburn: Bananas have a natural antacid effect in the body, so if you suffer from heartburn, try eating a banana for soothing relief.
Morning Sickness: Snacking on bananas between meals helps to keep blood sugar levels up and avoid morning sickness.
Mosquito bites: Before reaching for the insect bite cream, try rubbing the affected area with the inside of a banana skin. Many people find it amazingly successful at reducing swelling and irritation.
Nerves: Bananas are high in B vitamins that help calm the nervous system.
Overweight and at work? Studies at the Institute of Psychology in Austria found pressure at work leads to gorging on comfort food like chocolate and crisps. Looking at 5,000 hospital patients, researchers found the most obese were more likely to be in high-pressure jobs. The report concluded that, to avoid panic-induced food cravings, we need to control our blood sugar levels by snacking on high carbohydrate foods every two hours to keep levels steady.
Ulcers: The banana is used as the dietary food against intestinal disorders because of its soft texture and smoothness. It is the only raw fruit that can be eaten without distress in over-chronicler cases. It also neutralizes over-acidity and reduces irritation by coating the lining of the stomach.
Temperature control: Many other cultures see bananas as a "cooling" fruit that can lower both the physical and emotional temperature of expectant mothers. In Thailand, for example, pregnant women eat bananas to ensure their baby is born with a cool temperature.
Seasonal Affective Disorder (SAD): Bananas can help SAD sufferers because they contain the natural mood enhancer tryptophan.
Smoking & Tobacco Use: Bananas can also help people trying to give up smoking. The B6, B12 they contain, as well as the potassiu! m and ma gnesium found in them, help the body recover from the effects of nicotine withdrawal.
Stress: Potassium is a vital mineral, which helps normalize the heartbeat, sends oxygen to the brain and regulates your body's water balance. When we are stressed, our metabolic rate rises, thereby reducing our potassium levels. These can be rebalanced with the help of a high-potassium banana snack.
Strokes: According to research in "The New England Journal of Medicine, 'eating bananas as part of a regular diet can cut the risk of death by strokes by as much as 40%!
Warts: Those keen on natural alternatives swear that if you want to kill off a wart, take a piece of banana skin and place it on the wart, with the yellow side out. Carefully hold the skin in place with a plaster or surgical tape!
So, a banana really is a natural remedy for many ills. When you compare it to an apple, it has four times the protein, twice the carbohydrate, three times the phosphorus, five times the vitamin A and iron, and twice the other vitamins and minerals. It is also rich in potassium and is one of the best value foods around So maybe its time to change that well-known phrase so that we say, "A banana a day keeps the doctor away!"
PASS IT ON TO YOUR FRIENDS
PS: Bananas must be the reason monkeys are so happy all the time! I will add one here; want a quick shine on our shoes?? Take the INSIDE of the banana skin, and rub directly on the shoe...polish with dry cloth. Amazing fruit.
teapeebubbles Monday, 08/21/06 10:08:35 PM
Re: rlangmaid post# 3739
Post # of 4781
Tips For Using Peroxide
"I would like to tell you of the benefits of that plain little old bottle of 3% peroxide you can get for under $1.00 at any drug store. Most doctors don't tell you about peroxide, or they would lose thousands of dollars."
1. Take one capful (the little white cap that comes with the bottle) and hold in your mouth for 10 minutes daily, then spit it out. (I do it when I bathe ) No more canker sores, and your teeth will be whiter without expensive pastes. Use it instead of mouthwash. (small print says mouth wash and gargle right on the bottle)
2. Let your toothbrushes soak in a cup of "Peroxide" to keep them free of germs.
3. Clean your counters, table tops with peroxide to kill
germs and leave a fresh smell. Simply put a little on your dishrag when you wipe, or spray it on the counters.
4. After rinsing off your wooden cutting board,
pour peroxide on it to kill salmonella and other
bacteria.
5. I had a fungus on my feet for years - until I sprayed a 50/50 mixture of peroxide and water on them (especially the toes) every night and let dry.
6. Soak any infections or cuts in 3% peroxide for
five to ten minutes several times a day. My husband (who is a doctor) has seen gangrene that would not heal with any medicine, but was healed by soaking in peroxide.
8. Fill a spray bottle with a 50/50 mixture of peroxide and water and keep it in every bathroom to disinfect without harming your septic system like bleach or most other disinfectants will.
9. Tilt your head back and spray into nostrils with your 50/50 mixture whenever you have a cold, or plugged sinuses. It will bubble and help to kill the bacteria. Hold for a few minutes then blow your nose into a tissue.
10. If you have a terrible toothache and cannot get to a dentist right away, put a capful of 3% peroxide into your mouth and hold it for ten minutes several times a day. The pain will lessen greatly.
11. And of course, if you like a natural look to your hair, spray the 50/50 solution on your wet hair after a shower and comb it through. You will not have the peroxide burnt blonde hair like the hair dye packages, but more natural highlights if your hair is a light brown, reddish, or dirty blonde. It also lightens gradually so it's not a drastic change.
12. Put half of a bottle of peroxide in your bath to
help rid boils, fungus, or other skin infections.
13. You can also add a cup of peroxide instead of bleach to a load of whites in your laundry to whiten them. If there is blood on clothing, pour directly on the soiled spot. Let it sit for a minute, then rub it and rinse with cold water. Repeat if necessary.
14. I use peroxide to clean my mirrors with, and there is no smearing which is why I love it so much for this.
I could go on and on. It is a little brown bottle no home should be without! With prices of most necessities rising, I'm glad there's a way to save tons of money in such a simple, healthy manner.
Send on to others who might need to know the benefits of 3% peroxide.
teapeebubbles Monday, 08/21/06 10:08:35 PM
Re: rlangmaid post# 3739
Post # of 4781
Tips For Using Peroxide
"I would like to tell you of the benefits of that plain little old bottle of 3% peroxide you can get for under $1.00 at any drug store. Most doctors don't tell you about peroxide, or they would lose thousands of dollars."
1. Take one capful (the little white cap that comes with the bottle) and hold in your mouth for 10 minutes daily, then spit it out. (I do it when I bathe ) No more canker sores, and your teeth will be whiter without expensive pastes. Use it instead of mouthwash. (small print says mouth wash and gargle right on the bottle)
2. Let your toothbrushes soak in a cup of "Peroxide" to keep them free of germs.
3. Clean your counters, table tops with peroxide to kill
germs and leave a fresh smell. Simply put a little on your dishrag when you wipe, or spray it on the counters.
4. After rinsing off your wooden cutting board,
pour peroxide on it to kill salmonella and other
bacteria.
5. I had a fungus on my feet for years - until I sprayed a 50/50 mixture of peroxide and water on them (especially the toes) every night and let dry.
6. Soak any infections or cuts in 3% peroxide for
five to ten minutes several times a day. My husband (who is a doctor) has seen gangrene that would not heal with any medicine, but was healed by soaking in peroxide.
8. Fill a spray bottle with a 50/50 mixture of peroxide and water and keep it in every bathroom to disinfect without harming your septic system like bleach or most other disinfectants will.
9. Tilt your head back and spray into nostrils with your 50/50 mixture whenever you have a cold, or plugged sinuses. It will bubble and help to kill the bacteria. Hold for a few minutes then blow your nose into a tissue.
10. If you have a terrible toothache and cannot get to a dentist right away, put a capful of 3% peroxide into your mouth and hold it for ten minutes several times a day. The pain will lessen greatly.
11. And of course, if you like a natural look to your hair, spray the 50/50 solution on your wet hair after a shower and comb it through. You will not have the peroxide burnt blonde hair like the hair dye packages, but more natural highlights if your hair is a light brown, reddish, or dirty blonde. It also lightens gradually so it's not a drastic change.
12. Put half of a bottle of peroxide in your bath to
help rid boils, fungus, or other skin infections.
13. You can also add a cup of peroxide instead of bleach to a load of whites in your laundry to whiten them. If there is blood on clothing, pour directly on the soiled spot. Let it sit for a minute, then rub it and rinse with cold water. Repeat if necessary.
14. I use peroxide to clean my mirrors with, and there is no smearing which is why I love it so much for this.
I could go on and on. It is a little brown bottle no home should be without! With prices of most necessities rising, I'm glad there's a way to save tons of money in such a simple, healthy manner.
Send on to others who might need to know the benefits of 3% peroxide.
teapeebubbles Sunday, 03/25/07 08:14:21 PM
Re: rlangmaid post# 4096
Post # of 4780
True Doctor Stories
A man comes into the ER and yells, "My wife's going to have her baby in the cab!" I grabbed my stuff, rushed out to the cab, lifted the lady's --Dress, and began to take off her underwear. Suddenly I noticed that there were several cabs, and I was in the wrong one.
--Dr. Mark MacDonald, San Antonio, TX
At the beginning of my shift I placed a stethoscope on an elderly and slightly deaf female patient's anterior chest wall. Big breaths, "I instructed. Yes, they used to be," remorsefully replied the patient.
--Dr. Richard Byrnes, Seattle, WA
One day I had to be the bearer of bad news when I told a wife that her
husband had died of a massive myocardial infarct. Not more than five minutes later, I heard her reporting to the rest of the family that he had died of a "massive internal fart."
--Dr. Susan Steinberg, Manitoba, Canada
I was performing a complete physical, including the visual acuity test. I
placed the patient twenty feet from the chart and began, "Cover your right eye with your hand." He read the 20/20 line perfectly. Now your left." Again, a flawless read. Now both," I requested. There was silence. He couldn't even read the large E on the top line. I turned and discovered that he had done exactly what I had asked; he was standing there with both his eyes covered. I was laughing too hard to finish the exam.
--Dr. Matthew Theodropolous, Worcester, MA
During a patient's two week follow-up appointment with his cardiologist, he informed me, his doctor, that he was having trouble with one of his medications. Which one?" I asked. The patch. The nurse told me to put on a new one every six hours and now I'm running out of places to put it!" I had him quickly undress and discovered what I hoped I wouldn't see. Yes, the man had over fifty patches on his body! Now the instructions include removal of the old patch before applying a new one.
--Dr. Rebecca St. Clair, Norfolk, VA
While acquainting myself with a new elderly patient, I asked, "How long have you been bed-ridden?" After a look of complete confusion she answered ...Why, not for about twenty years -- when my husband was alive."
--Dr. Steven Swanson, Corvallis, OR
I was caring for a woman from Kentucky and asked, So, how's your breakfast this morning?" It's very good, except for the Kentucky Jelly. I can't seem to get used to the taste," the patient replied. I then asked to see the jelly and the woman produced a foil packet labeled "KY Jelly."
--Dr. Leonard Kransdorf, Detroit, MI
And Finally . . . .
A new, young MD doing his residency in OB was quite embarrassed performing female pelvic exams. To cover his embarrassment he had unconsciously formed a habit of whistling softly.
The middle aged lady upon whom he was performing this exam suddenly burst out laughing and further embarrassed him. He looked up from his work and sheepishly said, "I'm sorry. Was I tickling you?"
She replied, "No doctor, but the song you were whistling was 'I wish I was an Oscar Meyer Wiener."
-- name withheld..
Ok! I suck as a stock promoter and am too much of a pure, unadulterated Aries to be conniving and sneaky--that's what scorpios for (I am, however, scorpio RISING sign!) I will stick to what I am awesome at in the medical field!! I shall post some of my absolute favs that TeaPee--Bonnie posted, she used to make me laugh sooo freaking much!!
can't load BONU chart...
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need sleep, have a cold, rough work day
BONU
as tired as I am I am still on my chic board posting nonsense and talking to myself...
BONU
This is a place for chics!
No hair pulling allowed---well, unless...
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