chip:
I totally hear ya, and to some extent, I think IM'ing is a bad idea, because it will take alot of the good info being traded away from the board. I will keep an eye on exdtq, and will look for stock not in a bankruptcy situation with a similar chart. For now just learning, and not losing anymore. Here's a question for you. I do want to be able to trade full time, and although my business for the most part supports me, I'd like to make enough money to not have to take money out of my business. How much money do you trade with to be able to trade professionally? And, as a barometer, how well do you have to be doing on a monthly basis to consider being able to do this professionally?
I mean is it something like, you trade with $50,000, and most months turn five to ten percent return on your money? To me that would seem like a pretty fair inital goal of a newbie to professional daytrading. What are your standards like? If there are any other traders out there who do it professionally, I'd love it if you chimed in, I just would like to know what kind of goals to set. Thanks guys, hope everyone is enjoying the weekend.
Every stock I post on that I said I've purchased, if you see it quick enough, its a buy recommendation. Unless I posted to sell it, then its a sell recommendation. I'll go ahead and take the blame for any money you lose, or win.