Dallas, You have been a real asset to me. You are a genuine and sincere person and never have misled purposely. You are caught up in a situation where you feel nothing is going right for you.
I have to tell you, I'm there too, and many others who read this board feel the same way you do too!
It's not just you!
I have been a day trader on and off since 1995. I made over 200k in 99/00. But that was not good enough for me. I kept trying to make more til I lost it all. Then got a full time job. Hated it.
I now live in Gaston, South Carolina in a rented 14 x 60 foot mobile home on 5 acres in a sucluded spot and my fiance Donna and I love it here. I'm happier now than I've ever been and my rent is $250/month. LOL . I beat you. LOL.
I used to live in Bensalem PA. in a elaborate area with a nice 200k house and $3000 a month expenses. Now my expenses are like 800/month total.
I've just got back into daytrading over the past three months and I have to tell you the market is the worst I've seen it in years. I made 17,000 profit on CMKX and thats about it. All my other trades except a few have been losers.
Same occured as you described. All indications were the price is gonna move up, yet, the mm's bring it down after they suck everyone in at higher prices. Then, misteriously they have millions of shares available they can sell at 50% less than what I bought in at. How come they could not sell them to me at that lower price? It's very obvious the mm's have figured out how to lie, cheat and steal our money out of our pockets.
What I can't understand is how the federal government can spend millions in tax dollars over the Martha Stewart case where she made a 70k gain in a stock trade. Geez, give me a break! Why can't they spend all those tax dollars going ofter the real thieves. The mm's are getting away with fraud plain and simple. They have no rhime or reason for what they are doing. They just suck us in and lower the prices to steal our cash! It's sickening! How can a stock price go up over 100% and then close the day below where it opened? Manipulation is the only answer!
So, What I have to say to you is don't feel its just you thats having these problems. We are all in the same boat here. And we are all sick of the games the mm's are playing. They won't have anyone trading before long if they keep it up!
I have come to the conclusion the only way I am gonna make it in this market now is to buy some decent stocks on the floor and have patience waiting it out til the share price rises. A bundle can still be made that way. Daytrading is not gonna work for me. To get that one big high flyer , all my money will be gone finding it.
Your two selections are good ones, IBCS and IESV. I believe they will make a very nice return over time.
I'm also holding GBLL and EPUC. For now I'm gonna wait it out!
It's almost impossible to make it here in this market currently.
Please continue to post and participate. You are the greatest! There's no reason to leave totally. We are all gonna take breaks this summer because the mm's are not gonna leave us any other choice. October, November, December and January is what I am looking forward to. Try to hold on to and build your funds for then and we should all be smiling again!
There are many people on this board I have known since 1998 and the bobz days, eztradin, ilikebb, gecko, rctrader, and many others. These guys have been around doing this trading thing for years. I would bet you they all feel the way I do! And the way you do! Fed up!
It will get better, just give it time. Time heals all wounds! Change your email address and find other ways to get around the jerks harrassing you! It's not you that has the problem it's them!
Good luck and hope to see you around here! Your friends here trust you and believe in you! Don't let the jerks get to you!
Jesse
Walk before you run in this rat infested swamp.
****Any statements posted here are strictly my opinion only.
Please do your own research at all times.
