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Gnarly   United States. Aug 25 2011 01:08. Posts 1723 | | |
So I made an accout at howthemarketworks, since it's probably wise to learn how to invest when I'm young, and saw they have competitions. I took one of their requirements for the settings with my first investment scenario thingy, 25000 in play money with a month to invest, making maximum profit. I figured, gold would be a nice investment, let's invest like fifty shares. That was two days ago.
Just yesterday, when the market closed, GLD closed with a -6% change. Already at -1000 in profit thanks to that. Market stability comes running back knocking down material stocks. Hah, love the timing.
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Highcard   Canada. Aug 25 2011 01:32. Posts 5428 | | |
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I have learned from poker that being at the table is not a grind, the grind is living and poker is how I pass the time | |
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traxamillion   United States. Aug 25 2011 01:56. Posts 10468 | | |
brutal to be down 1000 playmoney stock dollas haha |
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traxamillion   United States. Aug 25 2011 01:57. Posts 10468 | | |
cool they have that though |
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Gnarly   United States. Aug 25 2011 02:19. Posts 1723 | | |
My bad, it was a 3% change. I was thinking points. This shits neato as fuck, though. |
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superfashion   United States. Aug 25 2011 03:44. Posts 918 | | |
Really good idea to develop an interest in the market, really bad timing. The market has been shitting all over itself for the past couple weeks. Could be worse, you could be stuck 10 points on RIG. |
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shoving here as a bluff at 50NL is like explaning calcalus to a 6 month old cat wtf are you thinking - TalentedTom | |
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thumbz555   United States. Aug 25 2011 21:17. Posts 3281 | | |
Wow dude, sick beat. Keep your head up. Saw some people living at the dump today, trying to salvage aluminum and copper--good fall back plan if your play money bankroll gets bad-beated again. |
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Gnarly   United States. Aug 25 2011 22:33. Posts 1723 | | |
I looked into emerging cannabis businesses, mostly research ones, but the strong businesses have at least 100$+ stocks. I'm sure investing in one of them for a long-term plan would be a good idea. Jobs resigned as CEO, and there's some speculation that Apple will only degrade from that. Oh, stock market, you so nose-bleed. |
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wow from the sounds of it that is a piece of shit investment website that won't help you succeed in the markets at all
look into warren buffet's letters and benjamin graham style investment approaches before even thinking about stocks using a 1 month horizon |
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Gnarly   United States. Aug 27 2011 18:33. Posts 1723 | | |
A different portfolio, only 5000 starting out. I'm going to wait a few months to sell these.
That 2000 stocker is 888 poker. Lol.
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Diversify or fossilize! | Last edit: 27/08/2011 18:35 |
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