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Old 13-07-2008, 08:21 AM   #72 (permalink)
Rattanaburi
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Spin, just curious I don't know you too well. Have you actually made money in stocks? You seem pretty confident with this. Personally, I haven't really done and daytrading. There was a time when daytrading was big but it seems like it never makes the news anymore.

I'd guess you can't really claim any profit until you stop playing all together. I mean if you started with 20k and sold a stock putting 4k profit on that stock into your account you could say that you had 4k that wasn't going anywhere for sure but until all the money is in that moneymarket account you can't really say that you have made a profit. If you have 4k then you sell out the 20k you have in the market and have 24k in your moneymarket you would have made 4k in profit.

I guess at the moment your total account value is over your initial investment so if you sold instantly at the opening you would have about the current total amount.

I'm not trying to harrass you or anything. It just an observation. Your stocks look like winners to me. Even if we can't drive our cars or buy new clothes, we still want to have dinner and heat our homes.

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