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Racers can be so funny
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Picture of wideopen231
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I called three buddys about a lil deal I found in srocks and in last 4 days have a 90% win rate paper trading with it. 10 trades with average [rofit above 30%. Told them if 2 or 3 would join so can set account big enough for this deal we could split profit after tax taken and me get few percent off their part. Would not allow more than 50% loss at max or I would pay that back. Knowing it not impossible but very limited chance when use stop limits and trailing stops.

One maybe. Two don't know hate to risk any money right now. Talking less than grand each. The two maybe later have race car but do no9t like chance risking money. NOW THAT FUNNY I DON'T CAFRE WHO YOU ARE.




America home of free. Brought to you by 2nd amendment.
 
Posts: 4769 | Location: Greensboro NC | Registered: May 24, 2011Reply With QuoteReport This Post
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The stock market is a tough sell right now for short term investing. Long term ok. It's safe to say I am not making any large purchases right now with the economy due for a reset.

I actually believe we need a reset.
 
Posts: 309 | Location: Midwest  | Registered: January 12, 2015Reply With QuoteReport This Post
DRR Sportsman
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quote:
Originally posted by wideopen231:
I called three buddys about a lil deal I found in srocks and in last 4 days have a 90% win rate paper trading with it. 10 trades with average [rofit above 30%. Told them if 2 or 3 would join so can set account big enough for this deal we could split profit after tax taken and me get few percent off their part. Would not allow more than 50% loss at max or I would pay that back. Knowing it not impossible but very limited chance when use stop limits and trailing stops.

One maybe. Two don't know hate to risk any money right now. Talking less than grand each. The two maybe later have race car but do no9t like chance risking money. NOW THAT FUNNY I DON'T CAFRE WHO YOU ARE.


This is a dangerous thing to be doing if you like these buddies. 4 days paper trading doesn’t mean anything and you have a high probability of losing both your money and your buddies. Then you won’t have any buddies anymore.

There are no get rich quick schemes in the market or elsewhere.
 
Posts: 763 | Location: Upstate NY | Registered: July 02, 2013Reply With QuoteReport This Post
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Picture of wideopen231
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We shall see. Opened up seperate account Thursday and made first open trade.


I am not a investor more as scalper or day trader. Figure on minimize loss and let ride to pint then out if not stopped out before hand.

Hell found out I am benifit for them with tax rate verses their tax rate. Guess one advantage to not m aking crap at GC work.

Hum how do you deduct racing from investment income?

This shyt like figuring out fuel and timing on fuel or a/fuel deals. Just too much fun.

This message has been edited. Last edited by: wideopen231,




America home of free. Brought to you by 2nd amendment.
 
Posts: 4769 | Location: Greensboro NC | Registered: May 24, 2011Reply With QuoteReport This Post
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Picture of wideopen231
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Moght be right about tempers if loss. Figuring I cover most of it. We are not talking big money in on this. Hell have spent more on weekend at beach and that was ride down party screw around and ride back suday afternoon and in cheaper times.




America home of free. Brought to you by 2nd amendment.
 
Posts: 4769 | Location: Greensboro NC | Registered: May 24, 2011Reply With QuoteReport This Post
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