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Watts Watt

03/02/14 12:17 PM

#47027 RE: Stocksgreen #47026

DAY TRADING is not, never has been, never will be what it is for you for me.

It has nothing to do with commercializing a product efficiently, effectively, and efficaciously.

Merit for mediocrity is not ever a just recompense.

Think about it.

It is why APPL has the money and LQMT does not.

Please do not discuss day trading with me again. It is for you and for you alone.
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AliAz

03/02/14 12:26 PM

#47029 RE: Stocksgreen #47026

Stocksgreen, selling a stock for a price higher than you paid is a GAIN. It is NOT PROFIT!

Profit is selling a product or a service for more than it cost you to do so. Stock is not a product, nor a service.

If someone is paying you to perform that service for them, and they pay you more to do that than it costs you to do it, then you are earning a profit on your service. If you are trading using your own money, you have gains or losses on the trading, not profits when you sell.

Of course, I may be wrong. ;-)