Anyone investing heavily this year??
- Thread starter rph2005
- Start date
BGOL will put you up on some shit, no doubt about that. I day trade from time to time as the OP does and I was looking for a fairly low cost stock to make a few quick dollars on. I usually work with 4 at a time, but happen to be completely liquid at the time I came across this posting.
I Saw that Rite Aid's quarterly earnings report was going to be posted tomorrow before the market opened and took the plunge. I purchased 9,065 shares@ 7.2339
I made 1,858.30 as the stock gained 28 cents/share. Not bad for a day's work.
<a href="http://www.freeimagehosting.net/"><img src="http://i.imgur.com/zIxbil3.jpg" alt="Free Image Hosting"></a>
<p>
Here is the after hours (unofficial) gains so far:
<a href="http://www.freeimagehosting.net/"><img src="http://i.imgur.com/vJidIGq.jpg" alt="Free Image Hosting"></a>
I Saw that Rite Aid's quarterly earnings report was going to be posted tomorrow before the market opened and took the plunge. I purchased 9,065 shares@ 7.2339
I made 1,858.30 as the stock gained 28 cents/share. Not bad for a day's work.
<a href="http://www.freeimagehosting.net/"><img src="http://i.imgur.com/zIxbil3.jpg" alt="Free Image Hosting"></a>
<p>
Here is the after hours (unofficial) gains so far:
<a href="http://www.freeimagehosting.net/"><img src="http://i.imgur.com/vJidIGq.jpg" alt="Free Image Hosting"></a>
if it dips down into $12 area then I may take the plunge
I'm about to get in on Twitter once again.
I thought about jumping in when it dipped to $29 and change but didn't.
I was going to jump in on JDST this morning when it was up 1.8%. I tried to be cheap and put a limit order(I've gotten burned placing a market order on 3x gold etf's). I figured it would drop down a bit. It's up 14% now.
Subs...
Feel like an idiot for not understanding any of the terminology and missing out on what seems like semi easy money.....
Feel like an idiot for not understanding any of the terminology and missing out on what seems like semi easy money.....
Man I've been saying I was going to learn to trade options for a long time.
I started in March. It ain't never to late.
Start with the basics. Focus on how options work.
Started with Into the Grey by Jason Stapleton
Highly motivating. going back to the basics, reading a chart, reading support/resistance levels, trading psychology, determine entry point before entering a trade etc.
* Inspirational *
Karen the Supertrader Interviews
Karen initially started with a relatively small investment pool and turned that capital into hundreds of millions of dollars.
Her strategy entails collecting income from the options market but the risks she takes are substantial.
She started with 100,000 dollars which is still a sizeable amount of capital to start with.
She doubled that money relatively quickly and was able to attract capital as she continued to double her returns.
She professes to currently manage 190 million dollars, after making nearly 105 million in profits.
Mastering the Credit Spread (4 Parts)
IMO a Gamechanger
Ignore the sales pitch at the end of the video.
What I liked about this video is that he plots his option positions on the chart and shows why and how he defends his option position.
I had some difficulty comprehending what Marc Nicolas was saying about the bell curve (1 standard deviation move etc.) and how this relates to option pricing and the chart of the stock. This video put a lot of it in perspective.
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sharebuilder is great. been with them since 2009.
as of today though, i am done trading. i am going to be solidified in these 5 stocks for at least 2 to 3 years or until the next bear session. $10,000 each in all these positions for the next 36 months and i will assess after that. i am hoping at least 2 or 3 of these will be the next WALMART, GOOGLE, etc.
you know how whenever they are talking about a really great stock of any solid American company, they always show you a chart telling you how much a $10,000 investment would be worth in like 10, 15 or 20 years?? that's what i am aiming for with these here. it should be interesting
if the gains made during any period in time are great, yes
although i have to say, the airline industry is one of the leading sectors right now.
I daytrade fairly often. My big winners this year so far have been Mannkind (MNKD), SolarCity (SCTY), Western Lithium (WLCDF), Bank of America (BAC), Facebook (FB), Cubist (CBST), Lenovo (LNVGY) and Interactive Corp (IACI - my favorite). Started with 5k (probably another 5k in contributions too) and I am sitting at almost exactly 20k right now.
Companies I want to hold long term I put in the Roth or 401k because of tax advantages. I go really speculative in the HSA since I'm young and don't get sick much (in mid 20's). Money I plan on pulling even somewhat soon sits in a regular brokerage account.
Companies I want to hold long term I put in the Roth or 401k because of tax advantages. I go really speculative in the HSA since I'm young and don't get sick much (in mid 20's). Money I plan on pulling even somewhat soon sits in a regular brokerage account.
I'm going in on BCOR ~$18 now with a run up to ~$24 this year. I bought BIDU a few years ago @ ~$70. It is $174 now and projected to be a $700 stock. Bear in mind that I invest for the mid-long term 5-10yrs or >. Both are in the Google market arena. However, they are not where Google price is. But, just as BIDU benefited from Google's success, I'm betting that BCOR will do the same.
Still in my 30's and we are 100% debt free. House (paid off in 6 years), Cars and all. Started with $50 a month in '94. Now I invest $6-7K each month. You don't need credit, just time & a little sense.
Still in my 30's and we are 100% debt free. House (paid off in 6 years), Cars and all. Started with $50 a month in '94. Now I invest $6-7K each month. You don't need credit, just time & a little sense.
I'm going in on BCOR ~$18 now with a run up to ~$24 this year. I bought BIDU a few years ago @ ~$70. It is $174 now and projected to be a $700 stock. Bear in mind that I invest for the mid-long term 5-10yrs or >. Both are in the Google market arena. However, they are not where Google price is. But, just as BIDU benefited from Google's success, I'm betting that BCOR will do the same.
Still in my 30's and we are 100% debt free. House (paid off in 6 years), Cars and all. Started with $50 a month in '94. Now I invest $6-7K each month. You don't need credit, just time & a little sense.
damn, that's nice.
bump
as of today though, i am done trading. i am going to be solidified in these 5 stocks for at least 2 to 3 years or until the next bear session. $10,000 each in all these positions for the next 36 months and i will assess after that. i am hoping at least 2 or 3 of these will be the next WALMART, GOOGLE, etc.
you know how whenever they are talking about a really great stock of any solid American company, they always show you a chart telling you how much a $10,000 investment would be worth in like 10, 15 or 20 years?? that's what i am aiming for with these here. it should be interesting
Heard Airline stocks haven't been doing so well lately.
Bump
as of today though, i am done trading. i am going to be solidified in these 5 stocks for at least 2 to 3 years or until the next bear session. $10,000 each in all these positions for the next 36 months and i will assess after that. i am hoping at least 2 or 3 of these will be the next WALMART, GOOGLE, etc.
you know how whenever they are talking about a really great stock of any solid American company, they always show you a chart telling you how much a $10,000 investment would be worth in like 10, 15 or 20 years?? that's what i am aiming for with these here. it should be interesting
did you buy real estate a few yrs back?
AAPL- long term in my IRA.
LNCO- You can't beat monthly dividends.
AXP- I like the fact that they're expanding there services and market.
USB- A simple steady bank to follow.
LNCO- You can't beat monthly dividends.
AXP- I like the fact that they're expanding there services and market.
USB- A simple steady bank to follow.
I bought JDST(3x jr gold miner etf) last week at 11.76(1180 shares). It went up to 13.40 the next day and I got greedy and held on. Even though I told myself I was going to make a few bucks and get out. It went down to 11.50 and i held on hoping for it to go back up. It went down below 10. I held on for another day. I get up today and it's at 8.90. I'm like "fuck it. I can't hold on any longer." I checked it at 3:40 and it was at 10.50. Not waiting a few hours cost me over 2k. 
I know messing with 3x(triple leveraged for those that don't know) gold is risky as hell and I've gotten burned a few times. But the possibility of making 10-15% in a single day is sometimes hard to resist. Though they usually swing back and forth for the most part (up one day, down the next), I've seen them move over 80% in 3-4 days a few times if you played the right direction.
I know messing with 3x(triple leveraged for those that don't know) gold is risky as hell and I've gotten burned a few times. But the possibility of making 10-15% in a single day is sometimes hard to resist. Though they usually swing back and forth for the most part (up one day, down the next), I've seen them move over 80% in 3-4 days a few times if you played the right direction.
http://finance.yahoo.com/news/exclusive-billionaire-activist-carl-icahn-200312212.html
Cautious for the next 12 months on long term plays. Lighted up after March/April earnings season. I use an asset manager. Almost 60% cash now.
Volume is getting lighter & lighter at these levels.
I have been staggering put strikes on the spy & q's. Staggered January strikes. Every flinch downward like the last few days allows to me clear & tighten up. Get closer, but still stay OTM.
It been a losing effort since early April. And it might be that way for a few more months.
Very aggressive & I wouldnt recommend it. But I would recommend a 2nd glance at any long term plays on companies barely in the black or not making any money. Pair those charts with the SPY or QQQ.
Despite the smiles on CNBC. There is a nice woosh coming at least to the levels of Aprils sell off, if not more. The sell off the last few days has brought the VIX to life.
Be cautious about feeling like you a missed something. A better buying op is coming the back half of this year.
Cautious for the next 12 months on long term plays. Lighted up after March/April earnings season. I use an asset manager. Almost 60% cash now.
Volume is getting lighter & lighter at these levels.
I have been staggering put strikes on the spy & q's. Staggered January strikes. Every flinch downward like the last few days allows to me clear & tighten up. Get closer, but still stay OTM.
It been a losing effort since early April. And it might be that way for a few more months.
Very aggressive & I wouldnt recommend it. But I would recommend a 2nd glance at any long term plays on companies barely in the black or not making any money. Pair those charts with the SPY or QQQ.
Despite the smiles on CNBC. There is a nice woosh coming at least to the levels of Aprils sell off, if not more. The sell off the last few days has brought the VIX to life.
Be cautious about feeling like you a missed something. A better buying op is coming the back half of this year.
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NO
NICE
GENERAL RULE OF THUMB, ONCE YOU HIT THE 8% MARK IN LOSSES, YOU CUT YOUR LOSSES.I bought JDST(3x jr gold miner etf) last week at 11.76(1180 shares). It went up to 13.40 the next day and I got greedy and held on. Even though I told myself I was going to make a few bucks and get out. It went down to 11.50 and i held on hoping for it to go back up. It went down below 10. I held on for another day. I get up today and it's at 8.90. I'm like "fuck it. I can't hold on any longer." I checked it at 3:40 and it was at 10.50. Not waiting a few hours cost me over 2k.
I know messing with 3x(triple leveraged for those that don't know) gold is risky as hell and I've gotten burned a few times. But the possibility of making 10-15% in a single day is sometimes hard to resist. Though they usually swing back and forth for the most part (up one day, down the next), I've seen them move over 80% in 3-4 days a few times if you played the right direction.
http://finance.yahoo.com/news/exclusive-billionaire-activist-carl-icahn-200312212.html
Cautious for the next 12 months on long term plays. Lighted up after March/April earnings season. I use an asset manager. Almost 60% cash now.
Volume is getting lighter & lighter at these levels.
I have been staggering put strikes on the spy & q's. Staggered January strikes. Every flinch downward like the last few days allows to me clear & tighten up. Get closer, but still stay OTM.
It been a losing effort since early April. And it might be that way for a few more months.
Very aggressive & I wouldnt recommend it. But I would recommend a 2nd glance at any long term plays on companies barely in the black or not making any money. Pair those charts with the SPY or QQQ.
Despite the smiles on CNBC. There is a nice woosh coming at least to the levels of Aprils sell off, if not more. The sell off the last few days has brought the VIX to life.
Be cautious about feeling like you a missed something. A better buying op is coming the back half of this year.
http://www.bloomberg.com/news/2014-07-13/individuals-pile-into-stocks-as-pros-say-bull-is-spent.html
true, a correction is imminent. i am still doing long term on my positions though.
GSAT - satellite company that provides data access through satellite. This may not sound like much but GSAT is waiting for the FCC to ok TLPS (Terrestrial Low Power Service) for wi-fi usage. This could be worth billions.
I've slept on KNDI. Should've invested when it was $12 a share
I've slept on KNDI. Should've invested when it was $12 a share
Did you invest in them last year?? If so your money jumped 8X!!!!
time to clean up all this cocaine money 
Currently all in on Qihoo 360 Technology Co. Ltd. (QIHU).
http://www.bgol.us/board/showthread.php?t=803523
http://www.bgol.us/board/showthread.php?t=803523