narc Posted February 6, 2014 Author Posted February 6, 2014 an example would be find a stock valued at 21.890 cents and been on the uptick since 20.500 cents. set autobuy at 21.900, and set autosell for BOTH 21.900 cents and 22.000 cents. buy say 10,000 stocks for $2,190.00, and instantly your account will sell them, and you will either get $2,200.00 back if the uptick continues, or $2,190.00 if the uptick stops. as long as people are buying and selling its impossible to lose money, however you just tied up over 2 grand for 3 days for a net profit of $10.00. Multiple this into several tens of thousands, and start shaving even 2 tenths off and you start realizing real gains, but the point remains- its safe and low profit. good starting ground assuming you have the capitol to play with. one other note is to move up with the value of the stock you are purchasing as you increase the amount you are trading, as flooding a low value stock will cease movement and you will kill the market and take a loss when it equalizes. don't buy 100 million stocks valued at ten cents, or you end up a very, very unhappy man. if you want to shave a ten million dollar trade, do it off a prime stock worth several hundreds of dollars or thousands of dollars each with a net worth of the company at many many billions or even trillions, so your millions of dollars dont even add up to a drop in the bucket and thus making it impossible to flood the market or change value. a shaver cannot change the value of a stock, or else he will take a loss. Quote
narc Posted February 6, 2014 Author Posted February 6, 2014 I just noticed you mentioned pump and dumping haha.. That used to be my facebook trader alias before I changed it. Although truth be told, pump and dumpers are scam artists plain and simple, wolves in sheep's clothing. What amuses me is to trade against them, as so many of them are complete idiots who type in caps because they think it will boost the pump. not many bothers with due diligence, they just work the hype and rip off poor souls not prepared for the backstabbing world of the stock exchange. To trade against them (risky and ultra profitable) simply decide when the stock is peaking after they pump it (if you are wrong you are going to lose a lot of money lol), and short the said stock- then sit back and lol as the pumper desperately tries to pump his artificially inflated stock, and sell after you feel you have raped them enough to serve justice to these truly slimeball financial bullies. Have you ever bothered to buy one of the ultra expensive algorithm processor bots to trade for you? I tried one out once for a trial, but it was so complicated I couldn't understand it lol, and I am not typically the one to get befuddled by anything math related. Either way I sent it back before they could charge me $4,999.99 haha. I could have just fed it money and allowed it to analyze and trade solely on its own, but that just sounded retarded to me, I didn't care how high tech the programming was. Quote
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