Day trading corporate pilots

[siucavflight]

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]

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!

 

[Amish RakeFight]

Bump...

 

[Len]

I ride my bike. Twenty hours this week. Why lose your a$$ when you can pedal a$$!

 

[Amish RakeFight]

I ride my bike. Twenty hours this week. Why lose your a$$ when you can pedal a$$!

I enjoy cycling too (more than running), but 20 hrs/wk?

 

[mxer]

A fool and his money.....

 

[kf4amu]

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]

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."

 

[kf4amu]

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

Says who? GE is a good company, but only at certain prices.

 

[siucavflight]

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.

 

[kf4amu]

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.

Hope is never a good plan for investing.

 

[siucavflight]

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!

 

[kf4amu]

Well all reasoning and research does not seem to have worked for me these last few months, so I am now going on hope!

Not a good long term strategy!

 

[siucavflight]

Not a good long term strategy!

I know! But it will be fun while it lasts, and I am only extremely short term.

 

[AA717driver]

Market-timing my way to the poorhouse!



TC

 

[Rick James]

Guns and ammo are the only things I've made money on in the past year.

 

[ParrotheadPilot]

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]

maybe this is part of the reason our economy sucks ???

The ever mighty quick buck !!!

 

[siucavflight]

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?

 

[ParrotheadPilot]

maybe this is part of the reason our economy sucks ???

The ever mighty quick buck !!!

Yep, it's day trader's like me that are keeping this economy from recovering