Snype's short term trades in the stock market •$$$$$•

[Sam the Caveman]

i know this is a little off topic for the thread but...
no shit right, have you ever heard of robert mugabe, the leader of zimbabwe? i guess they used the same central banking system and fiat currency that we use, and through printing money without backing he hyperinflated their economy an they had to make a $100 million dollar bill and allot of them. now zimbabwe runs off strait gold, no gold no food no nothing.

imagine if we never left the gold standard how far better off our country woul be. the constitutional definition of a dollar is 1.6 grams of gold. todays value per gram is down $.58 at $38.26, some inflationary math $38.26 x 1.6= $61.22 should be the purchasing power of a single dollar bill. in 1933 before the federal reserve bank made gold possesion illegal (they forced citizens to turn in all their gold; other than jewelry) and removed the gold standard you could buy the same goods for $1 as today for over sixty. from 1933 to today the dollar has lost over 97% of its value. imagine if in 1933 you saved your life savings in cash in a shoe box, by now you have lost your ass. we are all being constantly slowly robbed.

Yes, that was when the US gov't actually held all the gold, now the federal reserve has confiscated all the gold from fort knox and if we did now revert back to a gold standard they could control the value of it since they hold 75% of the worlds gold. It would be no different than the current situation. A fiat currency issued by congress alone controlled by not a single banker interest is the most probable solution.

I wonder if the guards in the watchtowers at fort knox know that there is no gold inside. If they did, they must feel worthless knowing 8 hours of their day is just for show.

"The Money Masters"
Watch it, greatest story ever told

 

[Tronic]

Bank of America reported better than expected earnings and the stock is down almost 9 today. This is why I've been staying away from banks in the current market. FTWR is what I bought today at $4.20 a share and I'm hoping to sell it by Tuesday to make a profit of at least 5%.

Never said the stock would go up... just said they'd beat expected earnings.

 

[RetroGrow]

A word of caution:
90% of day traders lose money.
You are competing against professionals and hedge funds that can move stocks any way they want with massive "buying" power. The stock market is rigged to fleece the retail investors, to the benefit of the professionals.
My advice to newcomers: stay away. There's no easy money. Forces outside of your control are moving the markets.

 

[MoldyFrogToe]

Yup ^ don't get fooled by Snype's get rich quick BS - trade smart.

 

[Sir_Nugget]

I have TD ameritrade and i every morning i watch the OTC stocks for a few hours (using a screener) Every day there is an easy opportunity to make 25%+ on 2-4 thousand dollars. Once to two times a week there is an easy opportunity to make 100% on 2-4 thousand dollars. About once a month there is a 300-500% gain opportunity on 2-4 thousand dollars.

Given these figures... If one were to start off with only 40 dollars, and they played the market dilligently, they come out in a couple months with over a hundred thousand dollars... Give it a few more months, and add a bunch of more trading methods, and were talking a billion in under a year.. all legit, not impossible...

A word of caution:
90% of day traders lose money.
You are competing against professionals and hedge funds that can move stocks any way they want with massive "buying" power. The stock market is rigged to fleece the retail investors, to the benefit of the professionals.
My advice to newcomers: stay away. There's no easy money. Forces outside of your control are moving the markets.

the only wrong part u have here is the "never try" part.... some1 out there will be sucessful with this, not all people lose all the time.... many many millions to be made this way

 

[robbiedublu]

Yes, that was when the US gov't actually held all the gold, now the federal reserve has confiscated all the gold from fort knox and if we did now revert back to a gold standard they could control the value of it since they hold 75% of the worlds gold. It would be no different than the current situation. A fiat currency issued by congress alone controlled by not a single banker interest is the most probable solution.

I wonder if the guards in the watchtowers at fort knox know that there is no gold inside. If they did, they must feel worthless knowing 8 hours of their day is just for show.

"The Money Masters"
Watch it, greatest story ever told

The fed doesn't need any stinking gold, they have a printing press. (or a computer screen really)
Congress does not control money supply, the fed does.
Read zerohedge.com for a few days and be very, very scared.

 

[HASH GORDON]

Tagged!

 

[RetroGrow]

I have TD ameritrade and i every morning i watch the OTC stocks for a few hours (using a screener) Every day there is an easy opportunity to make 25%+ on 2-4 thousand dollars. Once to two times a week there is an easy opportunity to make 100% on 2-4 thousand dollars. About once a month there is a 300-500% gain opportunity on 2-4 thousand dollars.

Given these figures... If one were to start off with only 40 dollars, and they played the market dilligently, they come out in a couple months with over a hundred thousand dollars... Give it a few more months, and add a bunch of more trading methods, and were talking a billion in under a year.. all legit, not impossible...



the only wrong part u have here is the "never try" part.... some1 out there will be sucessful with this, not all people lose all the time.... many many millions to be made this way

Too funny!
If that were true, you would be a billionaire and one of the richest men in the world.
But, alas, it's NOT TRUE. It is total BS.

If it is true, post your trades and let us see.......
Uh oh.....you can't do that, because it's BS!
Over 90% lose, and that is a fact.
You cannot beat the Wall Street criminals.
Encouraging people to daytrade is really quite irresponsible, especially for beginners.
They have virtually no chance.
Been trading 30 years and know what's up.
Very, very difficult to make money in the market, and you have to be lucky, besides doing a tremendous amount of reading/studying.
Anyone who tells you they "win" all the time is a liar.

 

[HASH GORDON]

Retro.....anything wrong with people noticing trends during the day influencing stock price and taking advantage of it short-term?

Seems like a perfectly viable thing to do.

Maybe 20 years ago it wasn't as practical. Nowadays it's easy to see how big news is going to affect certain stocks.......
If BP's cap blows, it's going to tank stock value. I think that's fairly predictable.

Some mofo embezzles tons of money ala Enron....another slam dunk for stocks tanking.

Here's the pitch: a bit of good news makes those stocks typically go up in value after some dismal disaster. It may not be long term, but it happens regularly. Look back at practically anything newsworthy in the last 12 months, and you'll see it retrospectively.

Not everyone can or will take advantage of those tidal market swings......some people will.

Will everyone make a killing? Probably not.....especially those that are ultra greedy and uninformed.

Will someone just nibbling make a small but reasonable profit......most likely the answer is maybe. It's absolutely not a guarantee to tank as you've forwarned, nor is it a slam dunk to win....

I think the goal is to sell reasonably quickly once a profit has been made. I've seen people (myself included) hold out markedly longer than they should have only to be gutted on the downswing.......that's the greed factor. I'm guilty of it myself.

Also been watching the pre-market trading, after hours trading.....absolutely an opportunity to make some dough before the regular joes start flippin' trades. Just MHO.

 

[Snypette]

Even for beginners it is very possible to make a lot of money. When the oil spill in the gulf came on the news it was so obvious BP's stock was going to drastically drop,. short that shit!.
Of course you can lose money, no risk no reward. But if you have the patience and self control to wait for the really big news like the oil spill, you'll be chilling.
I've been learning from and watching snype trade for over 2 years. He is killing the market! My man knows what he's talking about and i've seen the proof.

 

[Sir_Nugget]

Too funny!
If that were true, you would be a billionaire and one of the richest men in the world.
But, alas, it's NOT TRUE. It is total BS.

If it is true, post your trades and let us see.......
Uh oh.....you can't do that, because it's BS!
Over 90% lose, and that is a fact.
You cannot beat the Wall Street criminals.
Encouraging people to daytrade is really quite irresponsible, especially for beginners.
They have virtually no chance.
Been trading 30 years and know what's up.
Very, very difficult to make money in the market, and you have to be lucky, besides doing a tremendous amount of reading/studying.
Anyone who tells you they "win" all the time is a liar.

you kno... i should b abilionaire.. that u r right about... one thing u r also right about is that it is uncommon for a person to win all the time.. however.. to put it in ur face.. one of my first trades was a 60+% gain.. i nearly doubled my money in 15 minutes when i bought SSYO at .0035 per share and sold at .0054... (that was in APril or may)

some stocks that have seen 100+% days where u can easily turn 2k into 4k .. checkout the last 4 months of intraday trading for RIGH, KATX, GRBG, RNWF..

2x rule of thumb, dont day-trade stocks with no volume, and volatility goes up as stock price goes down... these r holy grail rules

now... you don't have to be nostradomous to look at a companies historical chart.. however.. for a newbie with 25 k to play with.. watch for the stocks with news.. remember the HP merger? about a week after the intial press release there was a 15% intraday jump.. that is huge!! especially when ppl have a million in it.15% of 1 million in a day? boy thats a shit ton of money for 1 days work.. tiger woods would b droolin... (he makes 300k per day)

now.. if u still think im bullshittin then u must have shit stained eyes, cuz there aint any bullshittin goin round here.. just watchin the screeners.. analzying the data..


one thing that i find funny, is that 95% of ppl can't grow weed right... yet 80% of ppl r succesful stock traders.

 

[Snype]

There's plenty of easy money in the stock market so don't let the fools tell you anything different. That never means that you'll make money on every trade that you do, but that doesn't mean that you will lose money with all the trades that you do for the year. It's not a buy and hold market right now so you have to change your trading strategy. To day trade, you have to have at least 25k or they won't let you day trade. You never put all your eggs in one basket either. You spread out your risk and you don't get fucked like all the people who buy and hold in the current market. Personally, I look for companies that are at high's and find reasons to short them so I look for bad news and where volume levels are at in my programs. I don't short companies that are doing well, I short companies that I think are in for some problems and are over bought. When I buy stock to go up, I look for stocks that are good lows. Lots of stocks stay in trading ranges within quarters. When I see companies heading at the top of their ranges, I short them and when I see them at the bottom of the range, I buy them to go up. Before I do any of this, I look for news to see if the odds are in my favor to do this trade. Research is important and will always be. This market is very easy to make money in because of how volitle the market is. Each stock moves up and down all day long. Too many people sell in an hour and other people come back to buy, for the most part. You have access to graphs and volume levels to see if more people are buying or selling at that time and you see lists of orders. If a specific stock usually trades a million shares a day and now it's doing 3 million today, that's a good sign to judge where the market for that stock is going in a current day. That's the best thing about the market for short term trades, you have things going for you that help you out. It's not like going to the casino and placing a bet. And best of all, they give you 4 times your money to trade with. It's not a good idea to always use it but when you know 100% what is going to happen with a specific stock like BP, you short the hell out it and easily double your money in a very short period of time.

Never said the stock would go up... just said they'd beat expected earnings.

Oh, nice one Tronic! Next time you know something, be sure to let us know!

A word of caution:
90% of day traders lose money.
You are competing against professionals and hedge funds that can move stocks any way they want with massive "buying" power. The stock market is rigged to fleece the retail investors, to the benefit of the professionals.
My advice to newcomers: stay away. There's no easy money. Forces outside of your control are moving the markets.

I don't believe your statistics. If you feel that way about the professionals and hedge funds then follow the big money and you'll make money.

Yup ^ don't get fooled by Snype's get rich quick BS - trade smart.

Don't be all salty cause I don't agree with your prop 19 thread. You can make plenty of money in the market with the right strategy. You send me a NEG REP saying "I fucking hate you" and now you want to come into my thread. I love you too!

I have TD ameritrade and i every morning i watch the OTC stocks for a few hours (using a screener) Every day there is an easy opportunity to make 25%+ on 2-4 thousand dollars. Once to two times a week there is an easy opportunity to make 100% on 2-4 thousand dollars. About once a month there is a 300-500% gain opportunity on 2-4 thousand dollars.

Given these figures... If one were to start off with only 40 dollars, and they played the market dilligently, they come out in a couple months with over a hundred thousand dollars... Give it a few more months, and add a bunch of more trading methods, and were talking a billion in under a year.. all legit, not impossible...

the only wrong part u have here is the "never try" part.... some1 out there will be sucessful with this, not all people lose all the time.... many many millions to be made this way

Yeah I see this all day! That's dope that you see that! The only problem is that to day trade legally, you need 25K of your own money. Once you have it, you make a lot of money with it and they give you 100k to trade with per day!!!

Too funny!
If that were true, you would be a billionaire and one of the richest men in the world.
But, alas, it's NOT TRUE. It is total BS.

If it is true, post your trades and let us see.......
Uh oh.....you can't do that, because it's BS!
Over 90% lose, and that is a fact.
You cannot beat the Wall Street criminals.
Encouraging people to daytrade is really quite irresponsible, especially for beginners.
They have virtually no chance.
Been trading 30 years and know what's up.
Very, very difficult to make money in the market, and you have to be lucky, besides doing a tremendous amount of reading/studying.
Anyone who tells you they "win" all the time is a liar.

It is true but you need 25K minimum to capitalize on it and most people don't have that. People that have the money and aren't scared to take the risk, make that money. No risk, no reward.

Retro.....anything wrong with people noticing trends during the day influencing stock price and taking advantage of it short-term?

Seems like a perfectly viable thing to do.

Maybe 20 years ago it wasn't as practical. Nowadays it's easy to see how big news is going to affect certain stocks.......
If BP's cap blows, it's going to tank stock value. I think that's fairly predictable.

Some mofo embezzles tons of money ala Enron....another slam dunk for stocks tanking.

Here's the pitch: a bit of good news makes those stocks typically go up in value after some dismal disaster. It may not be long term, but it happens regularly. Look back at practically anything newsworthy in the last 12 months, and you'll see it retrospectively.

Not everyone can or will take advantage of those tidal market swings......some people will.

Will everyone make a killing? Probably not.....especially those that are ultra greedy and uninformed.

Will someone just nibbling make a small but reasonable profit......most likely the answer is maybe. It's absolutely not a guarantee to tank as you've forwarned, nor is it a slam dunk to win....

I think the goal is to sell reasonably quickly once a profit has been made. I've seen people (myself included) hold out markedly longer than they should have only to be gutted on the downswing.......that's the greed factor. I'm guilty of it myself.

Also been watching the pre-market trading, after hours trading.....absolutely an opportunity to make some dough before the regular joes start flippin' trades. Just MHO.

Agree!

 

[Sir_Nugget]

the rules for day trading r this- people with less than 25k in their account (non-marginable fund) are limited to 5 intraday trades per week...

so if you have less than 25k and u make 6 intraday trades in a week, ur brokerage can and will ban u from trading

all this means is that ppl that r poor and only have 40 bucks to trade with r limited to 5 intraday trades a week... that means I can still buy and sell a stock in the same day 5 times a week, even in the same day.

I only have 40 bucks, and i still check the market everyday for play.. i am a day trader with only $40 to my name... the fact is, any one.. with as little as 40$ can be the next big billionaire... even a homeless on the street, or a kid in the 6th grade

i have a solid plan to get from 40 to a billion, and i doubt any1 can prove it wrong

 

[RetroGrow]

you kno... i should b abilionaire.. that u r right about... one thing u r also right about is that it is uncommon for a person to win all the time.. however.. to put it in ur face.. one of my first trades was a 60+% gain.. i nearly doubled my money in 15 minutes when i bought SSYO at .0035 per share and sold at .0054... (that was in APril or may)

some stocks that have seen 100+% days where u can easily turn 2k into 4k .. checkout the last 4 months of intraday trading for RIGH, KATX, GRBG, RNWF..

2x rule of thumb, dont day-trade stocks with no volume, and volatility goes up as stock price goes down... these r holy grail rules

now... you don't have to be nostradomous to look at a companies historical chart.. however.. for a newbie with 25 k to play with.. watch for the stocks with news.. remember the HP merger? about a week after the intial press release there was a 15% intraday jump.. that is huge!! especially when ppl have a million in it.15% of 1 million in a day? boy thats a shit ton of money for 1 days work.. tiger woods would b droolin... (he makes 300k per day)

now.. if u still think im bullshittin then u must have shit stained eyes, cuz there aint any bullshittin goin round here.. just watchin the screeners.. analzying the data..


one thing that i find funny, is that 95% of ppl can't grow weed right... yet 80% of ppl r succesful stock traders.

Yes, I think you are BS.
You are talking penny stocks, so that tells me right off the bat that you know nothing.
Anyway, if what you posted was correct, you would be a billionaire, but you're not, because it isn't. With penny stocks, you have a much smaller chance of making money. They are strictly for suckers/amateurs.
So until you post your trades in advance, and prove the results, I call BS. Of course you won't, because you can't.

 

[RetroGrow]

the rules for day trading r this- people with less than 25k in their account (non-marginable fund) are limited to 5 intraday trades per week...

so if you have less than 25k and u make 6 intraday trades in a week, ur brokerage can and will ban u from trading

all this means is that ppl that r poor and only have 40 bucks to trade with r limited to 5 intraday trades a week... that means I can still buy and sell a stock in the same day 5 times a week, even in the same day.

I only have 40 bucks, and i still check the market everyday for play.. i am a day trader with only $40 to my name... the fact is, any one.. with as little as 40$ can be the next big billionaire... even a homeless on the street, or a kid in the 6th grade

i have a solid plan to get from 40 to a billion, and i doubt any1 can prove it wrong

You're obviously tripping, and that's probably why you have only $40!

 

[MoldyFrogToe]

Don't be all salty cause I don't agree with your prop 19 thread. You can make plenty of money in the market with the right strategy. You send me a NEG REP saying "I fucking hate you" and now you want to come into my thread. I love you too!

Im not being salty because you're a completely selfish parasite regarding prop 19, I'm being salty because you're misguiding people here into thinking they can make easy money daytrading. Doubly douche. And yes, I do hate you, but that's for being a selfish parasite regarding prop 19 - aside from your breaking the TOU and posting karma comments, which makes you douchier.

 

[RetroGrow]

but when you know 100% what is going to happen with a specific stock like BP, you short the hell out it and easily double your money in a very short period of time.

LOL! What an example! That BP "thing" is something that happened once in a lifetime!
You don't get those obvious situations every day.

I don't believe your statistics. If you feel that way about the professionals and hedge funds then follow the big money and you'll make money

Again, LOL! Hedge funds don't broadcast what they are going to do. It's top secret!
So I can't follow them, and either can you.

Yeah I see this all day! That's dope that you see that! The only problem is that to day trade legally, you need 25K of your own money. Once you have it, you make a lot of money with it and they give you 100k to trade with per day

Yeah, you see penny stock players going broke every day. The fact that this individual you are agreeing with is playing with penny stock illustrates that he knows nothing about markets.

 

[Snype]

The proof is in the pudding, Moldy. I put my stocks in this thread and you'll see that I won't edit them and you can all see how it goes. If somehow I turn a profit that you can see, then how can it not be easy. I'm putting information out here that people can get ideas of things to do with their time and money, if they choose to. Everyone has there own type of thinking and trading strategies. That's the great thing about this site, it's not all about growing and there's so much more to see. Of course I'll lose money on some trades but there is an advantage to day trading as opposed to holding long. You're stock isn't going down too much in a given day. Holding long gets you in to trouble in the market that we've had for the past 2 years or so. If a person has a lot of common sense, they can make a really good living in the market but a frog like you who smokes moldy trees and has no common sense will have a tough time in the market.

 

[Snype]

but when you know 100% what is going to happen with a specific stock like BP, you short the hell out it and easily double your money in a very short period of time.

LOL! What an example! That BP "thing" is something that happened once in a lifetime!
You don't get those obvious situations every day.

I don't believe your statistics. If you feel that way about the professionals and hedge funds then follow the big money and you'll make money

Again, LOL! Hedge funds don't broadcast what they are going to do. It's top secret!
So I can't follow them, and either can you.
The BP news is not once in a lifetime. If you read the thread you will see that there'll be periods of no news to trade on but there's plenty of news to trade on all the time. For example shorting APPLE now because of the antenna's on the IPHONE 4 suck and there's bad publicity. There's news all the time to check out but you're just too blind to see it. You can follow the big money if your smart enough.

As far as the penny stocks that that guy was talking about, I didn't read it closely enough. What I meant was that I notice 10-25 percent fluctuations within trading ranges in extended hours and then in regular hours. I agree that penny stocks are huge risks and I've never traded them. I'm in the middle or my harvest so I was reading quickly.

 

[Sir_Nugget]

I'd be skeptical of any person telling me to stay away from the market "in general" - that is some of the stupidest shit I have ever heard.. regardless of what moves and shakes a market, it is up to the investor to analyze all the forces-at-play before buying..

retrogrow, u say u have been trading for 30 years, and for 30 years you were not good at it.. maybe what u have is discouraged investor syndrome.. ya kno.. ppl fall but u gotta get back up.. whats important is that everyday there r stocks rising and falling, if you can get on one for the ride.. man, u can make some money.. wether ur 12 or 60, a girl or a man.. but just stop telling ppl that trading is bad.. let them findout for themselves with their own 200 bucks, it will be an educational lesson for em.. heck.. some may be naturals and go off to be fat rich..