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OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER - Page 82

post #2431 of 2551
Nanocaps will do that
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post #2432 of 2551
No mobile app to execute a sell order?

Did you have a profit target?
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post #2433 of 2551
What made you want to trade CERU? Did you set a stop order? If not, make sure you have that in place for any short term trades if you can't jump on it at a moments notice.

Second, **** penny stocks.
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post #2434 of 2551
From my understanding, a stop most likely wouldn't get triggered in pre and post market hours. I could be wrong though
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post #2435 of 2551
Ah, true, I glossed over that part of the story.
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post #2436 of 2551
Quote:
Originally Posted by wizards23 View Post

No mobile app to execute a sell order?

Did you have a profit target?

Yea i had a mobile app (Robinhood) , but by the time i landed in vegas, markets were closed and i was up nicely so i put a stop loss of 3.00 in incase it took a monday morning dip.... what i didnt expect was it dropping a whole 2 dollars at 6 am.....ive never seen anything like that before..a rack gone in about 10 seconds when i looked at the charts

and yea, i think the stop quotes are only during regular market hours...so if thats the case, how can you protect your investment from crashing after hours or before hours?
post #2437 of 2551
Quote:
Originally Posted by Noskey View Post

What made you want to trade CERU? Did you set a stop order? If not, make sure you have that in place for any short term trades if you can't jump on it at a moments notice.

Second, **** penny stocks.

honestly, i wanted to trade it because from what i been reading up on, it looked like it was about to jump about a dollar, so i was thinking on making a grand...but it went even higher so i left it, thinking that it cant fall that bad on a monday morning....oh boy was i wrong...i almost sold everything else i had and wanted to pull whatever i had left out of the market..
post #2438 of 2551
Thread Starter 
Always sell half and put a stop above break even if you exceed your profit expectations and want to let it run for more
post #2439 of 2551
Quote:
Originally Posted by JohnnyRedStorm View Post

Always sell half and put a stop above break even if you exceed your profit expectations and want to let it run for more
I gotta remember this.
post #2440 of 2551
Thread Starter 
And if it's a real company with legitimate long term outlook, like Apple, nvda a couple of years ago, etc. raise your stop and buy the dips.
post #2441 of 2551
aye @JohnnyRedStorm, whats your thoughts On CERU? even though i lost, im still holding on, do i just sell and eat the L or wait for a bounce back?
post #2442 of 2551
Thread Starter 
Wish I'd had funds in my account I'd grab a few snap calls on a lotto for July. Chart looks decent for a turn around.

CERU well that's up to you and your plan. Do you have a plan? If not you should reflect internally and figure out your own process.

My opinion, idk maybe sell half and put a stop at those recent lows? I really can't give you advice I know nothing about this company and wouldn't ever trade this kind of a stock.
post #2443 of 2551
Quote:
Originally Posted by JohnnyRedStorm View Post

Wish I'd had funds in my account I'd grab a few snap calls on a lotto for July. Chart looks decent for a turn around.

CERU well that's up to you and your plan. Do you have a plan? If not you should reflect internally and figure out your own process.

My opinion, idk maybe sell half and put a stop at those recent lows? I really can't give you advice I know nothing about this company and wouldn't ever trade this kind of a stock.

yea you are right as to why you wouldnt, its way to volitile...i ended up resting on it and i sold everything today and put money back into snap...im glad i did, the stock fell again 60 percent while snap had a modest gain today
post #2444 of 2551
Thread Starter 
Make sure you are trading with a process and a plan. If you don't have one stop trading.
post #2445 of 2551
For me as of late, I have been investing in REITs with solid financials and at least a decent dividend rate.

I love getting that dividend money pimp.gif
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post #2446 of 2551
Made 40% profit on a stock, thought it would be done making a run so I sold it yesterday. Today it went up another 20%. I could've doubled my profits had I waited, but that's the game.

Hurts kind of like losing money laugh.gif
post #2447 of 2551
The purpose of trading is to book profits. Do not greedy or you will be burned eventually see what happened to CERU
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post #2448 of 2551
Thread Starter 
Pro's take profits in increments and raise their stops
post #2449 of 2551
Quote:
Originally Posted by JohnnyRedStorm View Post

Make sure you are trading with a process and a plan. If you don't have one stop trading.
Glad to see you active again man.
post #2450 of 2551
Thread Starter 
Quote:
Originally Posted by DCAllAmerican View Post

Quote:
Originally Posted by JohnnyRedStorm View Post

Make sure you are trading with a process and a plan. If you don't have one stop trading.
Glad to see you active again man.
Been tough juggling things w teaching lol I'm not playing the market actively but I am slowly getting back into the swing of things
post #2451 of 2551
If you're a risk taker invest in SEARS stock! I also want to get into trading futures, does anybody in here do that?
post #2452 of 2551
Sears? What I should your reasoning?
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post #2453 of 2551
Quote:
Originally Posted by wizards23 View Post

Sears? What I should your reasoning?

Relatively unpopular large companies have more resources to carry them through adversity, meanwhile the market is more likely to respond with resanoable speed to any improvements shown from them.

I would only invest In Sears right now if you believe that their company can win people over from online shopping! Other than that, they seem to be losing at the moment.

https://www.forbes.com/sites/brycehoffman/2017/03/26/sears-and-macys-need-new-thinking-and-one-of-them-is-getting-it/#6bb208c76ea8
Edited by BlackDynamite - 3/27/17 at 10:49am
post #2454 of 2551
RH been up pimp.gifpimp.gif

Still getting killed by UA though

Down 10k in the stock game mean.gif
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post #2455 of 2551
LULU got straight up murked today


NKE, UAA getting hit by the shrapnel
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post #2456 of 2551
Via Marketwatch,
Quote:
Tesla TSLA, +7.27% stock rose 7.3% to close at a record $298.52. The shares traded as high as $299, establishing a new intraday record as well.
...
The surge came after Tesla on Sunday reported preliminary first-quarter deliveries that came in on the higher end of analysts’ expectations, which the market took as a sign the company is on track to launch the Model 3, the company’s mass-market sedan, later this year as expected.

TSLA burned past NFLX in my portfolio today. If TSLA breaks 300 tomorrow I'm excited to see how high it runs into earnings glasses.gif
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post #2457 of 2551
TSLA pimp.gif

They keep hitting that 260-280 mark before heading straight back down below 200. Looks promising to finally cross 300 and hopefully hold.


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post #2458 of 2551
Early, but $303 nerd.gif and >GM. Is this the year where TSLA finally transcends the "car" company moniker and is realized as something more?
Edited by Noskey - 4/4/17 at 9:03am
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post #2459 of 2551
Not if Trump has something to say about that.

Fossil fuels are the future
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post #2460 of 2551
TSLA, AMZN and finally AAPL got me looking right.

NKE dragging but I'm still gonna hold long-term.
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