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Aufan 1983 Aufan 1983 is offline
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Join Date: Jun 2007
Location: Alabama
Posts: 4,854
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Default Can you retire and play stocks?
A question that has been on my mind lately is if I could take my retirement money and make a living playing stocks. I decided to give it a try by paper trading the value of my stocks and 401-k.

I'm going to play them all but only 2 or 3 pennies at a time and for a limited amount. I will hold most stocks only a few days as I plan to play the bounce on alot of stocks. I have roughly 500k to start and I'm going to prove to myself that I can do it or I can't. I spent several hours the past few days scanning stocks and used prices from 1-29-08 to start yesterday.

I won't bore everyone with every transaction but will update weekly so we can all see what would have become of me (the soup line or an easy living) I have started with 14 stocks. Here is my list going into today and the price I would have bought at.I plan to cut this down to about 6 or 8 stocks. 14 is too many to keep up with since I'm only playing for fun

BEG. BALANCE = 499,946.50


TLB 10,000 @ 8.96
RAD 40,000 @ 2.25
SMRT 10,000 @ 5.98
WCI 8,150 @ 5.15
VMW 500 @ 54.00
JBLU 5000 @ 5.94
WNR 2000 @ 23.00
STEM 5000 @ 1.31
PPCO 5000 @ 4.87
GGC 5000 @ 6.16
RVGD 600,000 @ .0115
ETFC 8,000 @ 4.14
BVRG 16,850 @ .84