CNBC's Million Dollar Challenge

[That Guy]

Originally Posted by saden1

So, are you working your scheme?

not really. with 400000000000000000000000 stocks, i mean, it's like buying 10 lottery tickets when the odds are 1 in 72 million and expecting to win :/.

I have a couple, but i think insider trading info would really help too.

the problem is, day traders always lose money. maybe they have a good day/week/month/year, but over the long run, with fees and speculation on speculation, the house always wins (unless they're riding on spamvertised penny stocks).

either way, finding someone who gets lucky on investments in a two week period and then bringing him on the show to talk about money is ridiculous. Investment is about the long term... it's impossible to turn 20-40% profit every month; you just can't keep that up.

answers to the daily bonus questions:
Adventures in Online Investing