New Player to Single Stock Futures

[Quakedog]

I sold out all my futures on thurs last week.I lost on all the 3 stocks of first choice I bought.PAM APN and EXX. Gonna buy 3 contracts of ABIL tomorrow which = R1575 gonna try and grow it as big as possible only doing SSF.I will post here everynight and give you guys the growth for each day, I will welcome any suggestions or tips to move money when needed,so you guys can help me grow my money :)If I bust I will start again from scratch.Come on guys gonna need lots of help here?? SO lets begin and hear about my choice on ABIL for the first 3 contracts? cool so I will post tomorrow on whats happened. ABIL= R29.32

[#2]

I can find absolutely no reson why anyone would be buying Abil - maybe you can tell us what your thinking is...

[Quakedog]

I dont know Chartist, thats why I need you guys. anyways I have changed it a bit ALREADY DAMMIT!!! Bought ABIL *3 contracts R1575 / 0 profit AEG *4 contracts R1140 / 0 profit those are my picks we will see what the week brings.YAY!!!

[#4]

You neber said wheyher youre long or short on ABL.....

[jaj]

You seem like a desparate gambler in serious trouble. Please put your money in unit trusts and let the professionals do the trading for you.

[Quakedog]

going long on those sorry.

[#7]

QD, you need to have some kind of reason for choosing those stocks.If the only reason is that theyre down now and you hope theyre gonna go up, you are going against the trend.You need to do some analysis to back up your feeling. Do a lot of reading and watch for good advice on this forum and the net. Youll always see what people are doing and what theyre punting on this forum. Chartist is busy with a program where he intends to display trades or possily good trades. Take advice from these postings on the forum. Id suggest you stay liquid until then. Good luck!

[Quakedog]

Well guys its happening again ABIL = R 28.20 /Loss of -R453 AEG = R 36.60 /Loss of -R584 Total loss for the day -R1037 Hopefully tomorrow brings some profit to make it possible to buy some more!!! Total outlay for shares = R2715 Profit = -R1037

[john_1]

Geez!....

[Pleiades]

I seem to have stumbled across the Carnival City Casino chat room by mistake...QD my only hope is that you did not borrow money for this ill-advised hobby.