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Old 08-22-2011, 08:54 PM
 
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Quote:
Originally Posted by PNW-type-gal View Post
Well, I don't have a broker's license, but I trade stocks, etfs and options (mostly calls and spreads). I am not a day trader but I am a momentum trader with about 40% of my portfolio, so I may hold a stock only a couple of weeks or month until the chart or the technicals give me a sell signal.

I use stops and chandeliered stops extensively: the advisor I like to follow always gives the message: "be a risk manager, not a trader." I don't generally catch absolute tops or bottoms - it is not my intention to try and time that tightly - but definitely it's buy lowish and sell highish.
You have to have a broker license to manage your own finance?
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Old 08-22-2011, 10:17 PM
Status: "0-0-2 Game On!" (set 1 day ago)
 
Location: The beautiful Rogue Valley, Oregon
7,297 posts, read 15,350,510 times
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Quote:
Originally Posted by Texas User View Post
You have to have a broker license to manage your own finance?
Not at all, but I was clearing up the the question you asked "do you trade stocks" - I am not a licensed pro, I just handle all of our family accounts and use a discount broker. I use the thinkorswim platform (TD Ameritrade bought them a bit back).
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Old 08-23-2011, 09:59 AM
 
8,197 posts, read 11,911,100 times
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Quote:
Originally Posted by LivingDeadGirl View Post
Yes, it's the same thing over and over, each month.
Sort of like the OP's threads/posts.
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Old 08-23-2011, 02:04 PM
 
12,671 posts, read 21,056,165 times
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Quote:
Originally Posted by PNW-type-gal View Post
Not at all, but I was clearing up the the question you asked "do you trade stocks" - I am not a licensed pro, I just handle all of our family accounts and use a discount broker. I use the thinkorswim platform (TD Ameritrade bought them a bit back).
Great.
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Old 08-24-2011, 05:54 PM
 
Location: Bar Harbor, ME
1,922 posts, read 3,779,535 times
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None at all. Defined benefit pension and SS handle themselves. Now and then I'll get some idiot letter from the SSA which I tend to ignore if its not directed directly at me. Recently they sent me one asking questions that they already have all the answers to. I ignored that unless they send me another one asking again, in which case I'll call them and ask them why they ask questions they already know the answers for.
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Old 08-25-2011, 07:20 AM
 
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Very, very little. 401K is in balanced/stable funds where it will stay; direct deposit on SSA, military retirement, defined pension for both of us and any consulting $$. Online checking, although most are automatically paid. So I would say less than 5 minutes a month.
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Old 08-25-2011, 02:36 PM
 
12,671 posts, read 21,056,165 times
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Quote:
Originally Posted by Ellwood View Post
Very, very little. 401K is in balanced/stable funds where it will stay; direct deposit on SSA, military retirement, defined pension for both of us and any consulting $$. Online checking, although most are automatically paid. So I would say less than 5 minutes a month.
By tweaking a little bit, you can get more out of it.
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