Lost all my Savings in Stock Markets

enjoy.

hard to win when the game is rigged, I turned a grand into 20gs a few years ago on medical marijuana stocks but gave half of it back in losses since. I have since had more luck sportsgambling instead. still trade a few high risk penny stocks for entertainment, ppjed was up over 100percent today, doesn't mean it won't go back down tommorrow or it might keep rising, but that might be one for you to look into.

Don't feel bad as I turned a 90K bet into a 350K gain to a 120K loss a few years ago. In the span of 4 years.
If we only knew when to sell !

the only consistent way I have found to make money in trading is to "ride the wave" , just quick hits on momentum, intra-day volatility = $$$, i just look for stocks with a good record of consistent daily spread and trade well between extremes, nibble nibble $ $ , sometimes takes only seconds to be in and out. stop looking for the so called winners, after you develop a steady income then you can take a bit of your profits for risk.

Money management / risk mitigation

whats the diff between what you do op and gambling at a casino.

Sounds like you'd lose less with nickel slots. The stock market is intended for trading and investing, not gambling. But good luck keeping what you still have.

With the OP....probably very little difference.....which is why he got slammed.

True traders work with risk and minimize it.

Gambling is, what it is....and unless you cheat....risk management is not really possible.


BIG DIFFERENCE.

Play the currencies.
Usd will most likely go up big time when they pull liquidity.

You deserve it. You supported the scam, you danced willingly with the devil. I wish you were homeless now.

You say he danced with the devil.....but you are wishing for him to be homeless....
...so who is really is the devils ass kisser here?

HYPOCRITE.

Last Edited by Useless Cookie Eater on 11/16/2011 10:08 PM

If you lost all this money in the stock market, then this money was not "savings." It was "investments."

Savings go into a savings account or under your mattress or wherever you want to keep it so that it's there when you need it.

I'm experiencing your situation right now. It really sucks!