2006-12-03 08:12:04 · 6 answers · asked by shams k 1 in Business & Finance ➔ Investing
It's an absolute adrenaline rush, especially day-trading. It certainly doesn't feel like a "game" though when you have thousands of dollars at stake. While I like the excitement it brings, pure gambling is the fast way to lose it all. You will make the most money probably off the most boring investments. Look at Warren Buffett. The guy made billions off of plain old Coca-Cola stock. I cashed in on the recent ethanol craze, playing highly volatile penny stocks which sent my blood pressure through the roof I'm sure. It is hard to resist the get-rich-quick game. Most people will lose money gambling in the stock market. Those who are patient, however, will come out way ahead.
2006-12-03 08:54:51 · answer #1 · answered by scottrc5391 3 · 0⤊ 0⤋
Not a game !!! At least in my opinion.
I first got into some penny stock and taught myself as I went. My stock price went crazy and I sold with a big smile !
I continue to purchase stock after doing my homework or I go with a feeling. No bad experience yet like alot of people have... perhaps I have a knack for it and don't realize it.
Just recently a friend wanted me to take her along for the ride on the next stock I bought, so I did. So far so good... It has already tripled. A charmed investing life ? .... hmmmm... maybe. : )
2006-12-03 20:12:32 · answer #2 · answered by Kitty 6 · 0⤊ 0⤋
I have done relatively well recently with my investments in wind energy. You can see this following link for how to invest in wind:
http://www.top10traders.com/ViewPost.aspx?postID=61
This is from http://www.top10traders.com - this is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Hope this helps!
2006-12-03 16:55:55 · answer #3 · answered by Anonymous · 0⤊ 0⤋
The best out there is www.marketocracy.com. They pay 100 people each quarter based upon their long term performance and compliance with mutual fund rules.
2006-12-03 17:10:33 · answer #4 · answered by OPM 7 · 0⤊ 0⤋
What's the question?
For me? A lotta losses!!1
2006-12-03 16:47:04 · answer #5 · answered by Gone Golfing 2 · 0⤊ 0⤋
it is profitable for cool minded people if u r one try but only proper guidance
2006-12-04 07:00:18 · answer #6 · answered by shuk_anil 2 · 0⤊ 0⤋