- 1,784
- 355
- Joined
- May 14, 2001
Trading today was ehh. Second guessed myself on a couple shorts and missed solid trades early on. Ended up taking a few small losing trades and ended up red on the day. Lesson act without over thinking.
OFFICIAL STOCK MARKET AND ECONOMY THREAD VOL. A NEW CHAPTER
- Thread in 'General' Thread starter Started by johnnyredstorm,
- Start date
- 414
- 83
- Joined
- Aug 24, 2012
- 10,915
- 2,735
- Joined
- Apr 30, 2011
[emoji]128557[/emoji]
- 10,915
- 2,735
- Joined
- Apr 30, 2011
Just saw Bitcoin is hovering around $180 now 
- 53,062
- 30,574
- Joined
- Jan 20, 2002
XON 
holding on to this finally paying off
holding on to this finally paying off
- 5,278
- 2,202
- Joined
- Aug 22, 2007
Looking at RIG but don't want to buy in just yet..feel like it'll drop even more.
- 74,356
- 23,861
- Joined
- Apr 4, 2008
RIG cuts its dividend it's dead in the water.
- 74,356
- 23,861
- Joined
- Apr 4, 2008
oil going parabolic so I'm taking small profits here on the USO calls and will readd on the dip. .767 average for entry, 1 exit. modest gain on a 4 lot.
If you don't already follow @OphirGottlieb on Twitter, get on it, posts these great graphs all the time. I'd sign up for CML, it's only $100 a month, but I'm not a long term trader so I don't think I'd get the most out of it.
If you don't already follow @OphirGottlieb on Twitter, get on it, posts these great graphs all the time. I'd sign up for CML, it's only $100 a month, but I'm not a long term trader so I don't think I'd get the most out of it.
Last edited:
- 10,915
- 2,735
- Joined
- Apr 30, 2011
Nice move.
- 74,356
- 23,861
- Joined
- Apr 4, 2008
Thanks man. Kept going after I sold it, but I don't think I would've gotten much more since I had USO options and not futures options.
I'm gonna add weekly value areas to my charts. To do so, just put the chart on the 1 hour, switch from Day to Week, draw the lines and leave them, switch back to 5 or 15 and switch from Week back to Day.
I'm gonna add weekly value areas to my charts. To do so, just put the chart on the 1 hour, switch from Day to Week, draw the lines and leave them, switch back to 5 or 15 and switch from Week back to Day.
bravelude
Banned
- 7,573
- 1,115
- Joined
- Dec 29, 2013
Handles
Eighty even bid.
Eighty even bid.
- 21,201
- 11,779
- Joined
- Oct 10, 2005
opinions on AAPL upcoming earnings? i own some $115 Feb Calls, getting a bit nervous
I think they'll beat earnings. I question their numbers sometimes, but I've been reading that iPhone sales are still going strong.
- 74,356
- 23,861
- Joined
- Apr 4, 2008
bottom of value for the week in AAPL is around 105, for the year around 100. Should see some support at either level in the near term.
Long term I don't see how this name doesn't go on another tear. Only the greater market can hold it down so if the /ES keeps dumping and breaks support this probably will follow suit. But if the market cooperates this should make new highs in due time.
There was a graph posted by CML (I actually think the service is gonna be free if I interpretted a tweet correctly) where AAPL's r&d spending is really low in comparison to MSFT and a few other companies. Let me see if I can find that graphic. Idk if it means AAPL has a ton in its pipeline, or it's become too complacent and too focused on buy backs (another graphic shows them head and shoulders above other companies in buy back's).
View media item 1354018View media item 1354019
These graphs show why I actually like XOM off dips as oil crashes. No position though.
View media item 1354009View media item 1354010
Long term I don't see how this name doesn't go on another tear. Only the greater market can hold it down so if the /ES keeps dumping and breaks support this probably will follow suit. But if the market cooperates this should make new highs in due time.
There was a graph posted by CML (I actually think the service is gonna be free if I interpretted a tweet correctly) where AAPL's r&d spending is really low in comparison to MSFT and a few other companies. Let me see if I can find that graphic. Idk if it means AAPL has a ton in its pipeline, or it's become too complacent and too focused on buy backs (another graphic shows them head and shoulders above other companies in buy back's).
View media item 1354018View media item 1354019
These graphs show why I actually like XOM off dips as oil crashes. No position though.
View media item 1354009View media item 1354010
Last edited:
- 10,915
- 2,735
- Joined
- Apr 30, 2011
About XOM, how do you explain this?
Or is USO not indicative of movement in oil companies?
- 74,356
- 23,861
- Joined
- Apr 4, 2008
i think USO tracks just the price of crude. so if you don't wanna get into futures which is a dangerous animal in its own right, you just turn to USO to get in on the oil action.
XOM's down move has been "muted" in a sense since they have so much cash on their books. I'm not sure how over leveraged they are, that would be something to really find out about to decipher how much pain the stock can tolerate, but if i'm going for an individual name, i want the one with the cash handy to survive tough times.
XOM's down move has been "muted" in a sense since they have so much cash on their books. I'm not sure how over leveraged they are, that would be something to really find out about to decipher how much pain the stock can tolerate, but if i'm going for an individual name, i want the one with the cash handy to survive tough times.
- 4,122
- 640
- Joined
- May 19, 2005
loving the swiss move. let the slaughtering continue
- 1,784
- 355
- Joined
- May 14, 2001
I am caught short in the FXCM halt 1.45 average, 500 shares. Time will tell 
- 1,784
- 355
- Joined
- May 14, 2001
Not looking good ugh
- 10,915
- 2,735
- Joined
- Apr 30, 2011
I am caught short in the FXCM halt 1.45 average, 500 shares. Time will tell
Son......
Last edited:
bravelude
Banned
- 7,573
- 1,115
- Joined
- Dec 29, 2013
huh, already moved. no secret though. dollar high, euro going 1.1 and will disband as greece leaves, CAC 40 not Rambo, cant hold up euro alone, us debt a haven.
- 1,784
- 355
- Joined
- May 14, 2001
Yea ate about 1500 bucks on that smh
- 10,915
- 2,735
- Joined
- Apr 30, 2011
- 8,139
- 5,318
- Joined
- Dec 3, 2007
Really need to develop a habit with regard to my education on matters being discussed in here.
I'll usually spend 2-3 days binging on information, but then get sidetracked by life and complete lose momentum...
...
It also sucks not having any capital whatsoever to motivate me to get things rolling: 2-3x inverse etf position in oil would've been such a winner these past few months. Hindsight is a witch.
Any o' y'all got any motivational tips?
...
I'll usually spend 2-3 days binging on information, but then get sidetracked by life and complete lose momentum...
...It also sucks not having any capital whatsoever to motivate me to get things rolling: 2-3x inverse etf position in oil would've been such a winner these past few months. Hindsight is a witch.
Any o' y'all got any motivational tips?
...
- 74,356
- 23,861
- Joined
- Apr 4, 2008
watching videos like this one gets me in the mood to run through a wall
you could always just use a simulator in the meantime as you stack cash to at least get some consistency in execution.
i personally only trade options now since i have a smaller account and you really get more bang for your dollar, but man, you really need to study since it's an animal that will take your money if you aren't privy to every little detail. time decay and vol crush and what not.
options aren't for everyone though and they're designed to go to 0.
around christmas my uncle had some BAC 17 calls that were in the money (the ones that expired yesterday). i told him to watch his premium levels, but he wanted to let the calls ride so he could exercise stock. well, BAC sold off the next 2 weeks and went from 18 to 15 and his calls expired worthless. that's the type of thing you gotta be aware of with options. use them as a vehicle, lock in profits and move on.
you could always just use a simulator in the meantime as you stack cash to at least get some consistency in execution.
i personally only trade options now since i have a smaller account and you really get more bang for your dollar, but man, you really need to study since it's an animal that will take your money if you aren't privy to every little detail. time decay and vol crush and what not.
options aren't for everyone though and they're designed to go to 0.
around christmas my uncle had some BAC 17 calls that were in the money (the ones that expired yesterday). i told him to watch his premium levels, but he wanted to let the calls ride so he could exercise stock. well, BAC sold off the next 2 weeks and went from 18 to 15 and his calls expired worthless. that's the type of thing you gotta be aware of with options. use them as a vehicle, lock in profits and move on.
- 8,139
- 5,318
- Joined
- Dec 3, 2007
^^^
Yeah I just wiped the dust of my investopedia simulator account and placed 2 small orders not too long ago...
View media item 1356825
I tried reviewing options some time back and was utterly confused about the whole matter. Perhaps i'll give it another go.
BTW--are options for Day Traders? In other words, is it something I need to monitor every second of the day?
I ask only 'cause my day job makes it very difficult to pay attention to minutiae market movements. Over the course of the work day, sure, i'll read up on market news and broader market developments; but i can't "track" any one or more equities. If options trading allows me to "set" and "forget" it, until I get back home, then I might seriously invest the time and effort into learning it.
...
Yeah I just wiped the dust of my investopedia simulator account and placed 2 small orders not too long ago...
View media item 1356825
I tried reviewing options some time back and was utterly confused about the whole matter. Perhaps i'll give it another go.
BTW--are options for Day Traders? In other words, is it something I need to monitor every second of the day?
I ask only 'cause my day job makes it very difficult to pay attention to minutiae market movements. Over the course of the work day, sure, i'll read up on market news and broader market developments; but i can't "track" any one or more equities. If options trading allows me to "set" and "forget" it, until I get back home, then I might seriously invest the time and effort into learning it.
...
Last edited:
