As the title says I am taking another shot at the stockmarket. I have a TDAmeritrade account and am pretty happy with their interface. However, it does seem that unlike in real estate, everything I touch on the stock market turns to crud. I stopped last time after losing only a couple hundred dollars. I am down about $150 today, but plan on holding on a little longer at least. It is very difficult to know when to hold 'em and when to fold 'em on the stock market. It is almost as if I should make a decision to do something that I think will be lucrative, then do the exact opposite. I just clicked over to my stock streamer page and see that I am now down another $50 bucks. But one thing can be said for the stock market: it gets me excited to get up at 6:00 am every weekday. I hop out of bed believing that today is going to be my lucky day. That I will pull up my account and see hundreds of dollars that weren't there the day before. My goal is to make $200 every day, which would work out to about $48,000. a year on the stock market alone. But that, I am learning, is a very far fetched goal. I am also reading a book called "Mastering the Trade" - which cost me $55 and so far has only told me to stay calm and detached from the ups and downs of the market and stick to my game plan - a simple idea, but one that is difficult to stick to when my stocks are plumetting. Anyway, I did learn how to short stocks yesterday. It is often said that bulls make money and bears make money (but pigs get slaughtered), but until yesterday I only knew how to make money on bulls (stocks that are rising in value) by buying low and selling high. But now I can sell high by shorting stocks I think will drop lower, then buying stocks at a lower price to cover the sales I had already made at the higher price, thereby making money on bears (stock going lower in value). Anyway, it is fun whether I am winning or losing, but a heck of a lot funner when I am winning. Make a post or leave a comment!!! Aaron
