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Day trading corporate pilots

siucavflight

Back from the forsaken
Joined
Jul 30, 2003
Posts
3,512
Total Time
5000
Just curious how many of you guys trade stocks when you are not working, I have a lot of time off since moving back to the states and have become rather addicted to day trading online. It is fun, almost like gambling, so far I have done pretty well the last few months.

Curious what stocks are you fellow pilots buying?
 

heywatchthis

Well-known member
Joined
Feb 28, 2005
Posts
199
Total Time
6000+
I did that for about a year or so. Did pretty good then loss my ass. It was fun and educational.

That being said - I wouldn't recommend it!
 

Len

Well-known member
Joined
Aug 3, 2003
Posts
52
Total Time
3000+
I ride my bike. Twenty hours this week. Why lose your a$$ when you can pedal a$$!
 

kf4amu

Well-known member
Joined
Mar 31, 2005
Posts
3,074
Total Time
250
I day trade but only with stocks I would keep for the long term, at prices I am comfortable paying for the long term. That way, if it goes down I dont panic because I know it will come back up if my analysis is correct, and am still comfortable in my purchase.

I'll trade the volatility, get a couple 10 percent gains, then hold it long term if it goes lower.
 

jonjuan

Honey Ryder
Joined
Feb 26, 2004
Posts
4,155
Total Time
3,000+
I day trade but only with stocks I would keep for the long term, at prices I am comfortable paying for the long term. That way, if it goes down I dont panic because I know it will come back up if my analysis is correct, and am still comfortable in my purchase.

I'll trade the volatility, get a couple 10 percent gains, then hold it long term if it goes lower.

Yeah, like GE and AIG. Two of the former "bellweathers."
 

siucavflight

Back from the forsaken
Joined
Jul 30, 2003
Posts
3,512
Total Time
5000
Citi is a great company at the current prices, I bought 1,000 shares at 1.35, hoping it goes up to about four bucks before I sell.
 

siucavflight

Back from the forsaken
Joined
Jul 30, 2003
Posts
3,512
Total Time
5000
Hope is never a good plan for investing.
Well all reasoning and research does not seem to have worked for me these last few months, so I am now going on hope!
 

siucavflight

Back from the forsaken
Joined
Jul 30, 2003
Posts
3,512
Total Time
5000

AA717driver

A simpler time...
Joined
Mar 27, 2003
Posts
4,911
Total Time
+/-13k
Market-timing my way to the poorhouse!

:(

TC
 

ParrotheadPilot

I'm Ron Burgandy?
Joined
Nov 26, 2004
Posts
84
Total Time
3000
I'm in GE at $7.50, JNJ for the long term at $47, I just sold SGP at $23.50, bought that last week at $17. I just bought BUCY at $12.90 Friday. I own CHK at $20 so I'm down a bit there. I'm bought FSLR at $105 and sold at $127.50.


There you go, that's what I'm buying and selling at this time.
 

LJ45

Well-known member
Joined
Jan 2, 2005
Posts
1,081
Total Time
13,000
maybe this is part of the reason our economy sucks ???

The ever mighty quick buck !!!
 

siucavflight

Back from the forsaken
Joined
Jul 30, 2003
Posts
3,512
Total Time
5000
maybe this is part of the reason our economy sucks ???

The ever mighty quick buck !!!
So are you saying that given the opportunity you would not make a quick buck?
 
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