LuckyPimp
9 posts
msg #50703
- Ignore LuckyPimp |
3/28/2007 11:54:55 AM
I was wondering if I could get some help with a scan for one month holding period. Something really easy to trade that doesn't require being fully tied to the market nonstop. A friend of mines wife just got cancer and they are trying to fight it but its taking alot of time. He is needing to invest his nest egg but he has been trying wisetrade day trading and loosing his shirt.
So I would appreciate any help I can get. I was thinking 1 month holding period to make the market bumps less.
Thanks
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traderblues
195 posts
msg #50704
- Ignore traderblues |
3/28/2007 12:12:50 PM
This is just my opinion, but I don't think he should be trading right now. He has too many other things to think about. If he feels he has to trade to make money right now (to pay for medical bills?), that is a formula for disaster.
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nikoschopen
2,824 posts
msg #50708
- Ignore nikoschopen |
3/28/2007 3:17:35 PM
And why 1-month over 1-year or 10-years, considering that he cannot be available to cover his bareass when he's practically on the verge of losing his shirt (or pants for that matter)? If he doesn't know the cardinal rules of trading, of which trading under duress is one of the biggest sins, he should play a lesser fool by handing his money to professionals who knows their craft (eg. hedge/mutual fund).
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