8/24/09 Cash SELL 34,000 FREDDIE MAC-VOTING COMMON (FORMERLY FEDERAL HOME LOAN MORTGAGE CORP) UNSOLICITED FRE 2.1100 71,395.20
8/21/09 Cash BUY 1,000 FREDDIE MAC-VOTING COMMON (FORMERLY FEDERAL HOME LOAN MORTGAGE CORP) UNSOLICITED FRE 1.7991 -1,812.05
8/21/09 Cash BUY 3,000 FREDDIE MAC-VOTING COMMON (FORMERLY FEDERAL HOME LOAN MORTGAGE CORP) UNSOLICITED FRE 1.8000 -5,432.95
8/21/09 Cash BUY 15,000 FREDDIE MAC-VOTING COMMON (FORMERLY FEDERAL HOME LOAN MORTGAGE CORP) UNSOLICITED FRE 1.7800 -26,852.95
8/21/09 Cash BUY 15,000 FREDDIE MAC-VOTING COMMON (FORMERLY FEDERAL HOME LOAN MORTGAGE CORP) UNSOLICITED FRE 1.8100 -27,302.95
it's possible to do this 2-3 days a week for extra cash--you usually don't want to hold a weekend but sometimes i do. Even if you were working with 5-10k and pocketing 1 or 2k it's a great secondary trading tool
damn...I want to make 10 grand in two days. Shiit, I'll take 1 grand in two days. I'll take 1 grand in a week. Just give me something.
Briggs, can we exchange numbers. Then you can text me what to do and where to put my money? Im dead ass serious, btw.
Posted by sebstar:
damn...I want to make 10 grand in two days. Shiit, I'll take 1 grand in two days. I'll take 1 grand in a week. Just give me something.
Briggs, can we exchange numbers. Then you can text me what to do and where to put my money? Im dead ass serious, btw.
Sebstar--my advice is that you first learn how to trade securities and get a feel for it with simple buy/sell transactions. A lot of it is knowledge and feel in terms of trading ability--which is quite different from investing. Start by trading with little or NO money. Use big cap big name stocks. Look for stocks that have lost 7-15% over a period of time[1-2 months] and then enter when you get a feel of it---by studying the movements every day for a couple of months. A good example wouldve been Yahoo stock this past month[a stock that I own a lot of] when it trended back to 14 from 17 and now has breached 15 again. You have to follow the company--understand what it does and what effects it--which subsequently effects price and how the overall market effects price
http://finance.yahoo.com/q/hp?s=YHOO
you have to start with A before you get to Z--you have to take time to teach yourself and anyone CAN do it and you CAN make a LOT of money if you educate yourself how to do it right. There is only so much I can help someone here--but there are tapes and videos that are very instrumental for beginners and I would suggest a combination of everything i said here. I have 20 year experience and also have innate skills--this is what I am good at--but I believe many many others who don't give the market a second look can be people who make money--even a little money to help themselves and their families. And the great thing about the market is you can make money in any direction up or down--doesn't matter--but you have to put in a great deal of learning first.
Seb,
briggy put 61k in play to make his 10k.
And he loses at times. Its part of how it works.
Trading is an art form and briggy is good at it. Its like gambling in a way. You study the numbers and take advantage of ineffeciencies. There are bad days too.
Briggy does not have a job in the traditional sense. He is master of the universe!
