[Apply Inside] Tell me which stocks to buy and get a % on the return

First let me say this is a work in progress I thought of last night. If this is completely against the rules feel free to delete this thread.

Basically I have been buying stocks on and off for a while and I realized I'm a pretty bad stock picker. Needless to say I have an extra $150 in my stocktrade account and am willing to have someone tell me what stocks to buy.

Now this is where I am giving you an incentive to do some research. For ever $50 profit I make you will get $5.

So you start with $150. I buy $143 worth of sed stock since $7 commission fee for buying stocks with stock trade. Then when the stock hits $207 that means I made $50 profit. (It costs another $7 to sell so that has to be added in).

This would be over the course of months and months.

There are still many things in my head that I am trying to take note of but I have work and will work on this more indepth once I see some responses, etc.

I will pay you at intervals of $50 of a 10% pay.

So $50 profit = $5
$100 = $10 etc....

I only have the money to invest in 1 of you. You will have to write out the stock info, reasons why you like that stock, actual research. Time it will take to make the first $50, etc.

You have 0 risk in losing money and all the risk of giving free $5+

 

So you're expecting someone to do research for you for the chance to make $5 over several months..?

 

I know there are so many people who know stocks that they would want to buy and know the profitability of these stocks, but are not of age, or do not have any money to get into actually buying stocks. So for really no work at all they tell me why I should buy a stock and they get free $$. Maybe $5 is too small of an amount, I might increase that to a higher percentage like 15%+ depending on how long it takes for first batch of profit, etc.

Again still trying to think of a better thread layout and explanation, and need reply's like yours to better build my idea maybe into one that will be liked. Thanks for the response.

 

Just so you know, paying $14 in commissions to invest $150 is insanity. That is such a large proportion, it will be really difficult to overcome, and nearly certainly makes this a negative proposition.

Also, the size of return you're looking for won't be done in the short time frame you seem to be looking for without massive risk.

If you're looking to turn $150 to $200, you'd have a better shot at a roulette table and would be paying less of an edge.

My advice: pick one of the commission-free ETFs that Scottrade offers and invest in that.

 

I knew it would take 3 months plus and was expecting to wait on it, but there are stocks that can gain 30%+ over a day or two. For example back in umm 08'? Washington Mutual stock dipped below $2. Over the next two days it shot up to over $3 and anyone who saw that banks were failing and sold over that $3.5 mark made a killing. (And of course the next day the government came in claiming they didn't have enough liquidity and sold to Chase) I don't need to turn it into $200.. I just want to see it steadily increase over the years..

$150 on the roulette wheel I could lose it all in 5 minutes... I actually lost $300 in AC a couple weeks ago, who would of thought there would be 11 reds in a row.....

I'm definitely going to look into that commission-free ETF's things your talking about, thanks

 

Carbon Credits if you have couple thousand, or bamboo.

 

When you can work for an hour and earn $7, I don't think people will get involved when the returns are so low over such a short period of time, me included.

I would be happy to give my advice though;

Do some background reading. Reading news articles and newspapers give hints to possible changes in market conditions. As soon as I read up 'Rockhopper' had bought a new site to dig for oil a couple of years ago, I got a family member to invest £1000 in their shares, gut feeling. Under a month later the share value had increased and was still increasing, but I decided to sell to make sure I got a decent price instead of the price dipping with panic sellers.

Practise. Try a website called bullbearings. It's a virtual stock market and you could actually practising investing your money, the exact amount. My favourite shares are 2-5 pence shares, as you buy such large quantities, a change in half a pence can lead to big profits. Higher risk of it goes the other way, but I advise you just not to panic sell. My £100,000 start-up is now at £180,000 after 8 months, so I've learned and yogurt a good feeling that you succeeded.


Whatever you decide to do, I bid you the best of luck.

 

Great, that's one, and it was 4 years ago.
Can you name another, among the many stocks available?

 

In the example you provided the return is around 40%. This is extremely unrealistic.

 

You should just do sports bet..

 

easiest way--like pockets said roulette, 5$ on red, lose, 10 on red, lose 20 on red, ect ect doubling previous bet. Thats 5$ profit in low time+ i believe theres probably a roulette betting game thing over all of the vast internet.

 

PMed you.

 

Hey man, like $150 it is very hard to be very profitable. U need like 1000 min but 5000-10000 is optimum, because most stocks move around 1-3 percent a day negative/positive and you would hold it for a week so if you enter at ar right time, you would get like 5% in a week so 1000*.05=50. 50-(14comision)= 36. And slowly build up your capital. My sugestion is you read about swing trading strategies and technical analysis and practice in stock simulator(just google it). practice with 10,000 dollars in the simulator for say 3 months and if your succesful make a goal of saving 5000 to 10000, then aim for a modest 5 percent a month and dont get greedy, slowly getting higher and higher capital. You can get an exponential effect on your wealth