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post #31 of 2496
FEYE laugh.gif What a joke.


Quote:
Originally Posted by nawghtyhare View Post

Quote:
Originally Posted by Based Mod View Post

Quote:
Originally Posted by nawghtyhare View Post

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.
Yeah it through work
there's other companies I could invest in as well
also there's a general account that's 4% doesnt go higher or lower stays at 4.
I picked acvax cause the numbers looked high in the percentage compared to the 4% laugh.gif and the lady said it was aggressive and that its a good stock since I'm young. Now starting to feel duped by her word play mean.gif
Aggressive sounded great to me and she was cute
She is our designated mass mutual person or whatever point of contact


Well you're not really investing in a company but an aggregate of companies that were put together by somebody else. That's where the expense ratio comes into play. The people who manage that portfolio takes a cut. Talk to your Mass Mutual lady some more and check out other options. 1.4% seems to be on the higher end, but since you've just started your account, that percentage is probably negligible.

Yes, an aggressive mutual fund is a good idea for someone young and can afford the potential losses that comes with it. My Roth investments are currently 100% stocks, which has done great for me especially because I first started the account AFTER the "Great Recession" but is certainly not for the faint of heart. If market starts going awry, I figure to lose a good percentage but it wouldn't be too big of a loss in terms of total $$$ because I'm fairly new to the game. I put in $21k since opening the account in Dec 2011; my account's currently at $30k. Basically free $9k in 3 years! Of course, I could've just as easily lost $9k in those 3 years. Once I've amassed a more substantial amount of money in the account, I'll shift gears and start putting more money into bonds instead of stocks.


Quote:
Originally Posted by DMan14 View Post

kors took a beating sick.gif

Good luck if you're holding long term. I just can't see the brand expanding any further.
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post #32 of 2496
Quote:
Originally Posted by Based Mod View Post

FEYE laugh.gif What a joke.


Quote:
Originally Posted by nawghtyhare View Post

Quote:
Originally Posted by Based Mod View Post

Quote:
Originally Posted by nawghtyhare View Post

Hey I need help
I have a Roth and another retirement account
Every check about $50 goes to a stock called
ACVAX
can I get some insight
Should I up my money that goes in or change the stock how much should I be looking at for the next few years. Any advice would be appreciated. I know nothing if stocks just wanted some money put up that I know I wouldn't miss and wouldn't touch

ACVAX is a mutual fund. You're basically paying somebody (passively) to invest in various companies for you. With a 1.4% expense ratio, I'd look elsewhere. Is this Roth account set up by your employer? Talk to HR about your investment choices if so.

As for how much to put in, that's up to you. I'd do at least company match if that's available to you. That's what I do with my 401k.

I've been maxing out my Roth the last 4 years. Have an account with Vanguard who seems to be generally well-received and their expense ratios are almost zero.
Yeah it through work
there's other companies I could invest in as well
also there's a general account that's 4% doesnt go higher or lower stays at 4.
I picked acvax cause the numbers looked high in the percentage compared to the 4% laugh.gif and the lady said it was aggressive and that its a good stock since I'm young. Now starting to feel duped by her word play mean.gif
Aggressive sounded great to me and she was cute
She is our designated mass mutual person or whatever point of contact


Well you're not really investing in a company but an aggregate of companies that were put together by somebody else. That's where the expense ratio comes into play. The people who manage that portfolio takes a cut. Talk to your Mass Mutual lady some more and check out other options. 1.4% seems to be on the higher end, but since you've just started your account, that percentage is probably negligible.

Yes, an aggressive mutual fund is a good idea for someone young and can afford the potential losses that comes with it. My Roth investments are currently 100% stocks, which has done great for me especially because I first started the account AFTER the "Great Recession" but is certainly not for the faint of heart. If market starts going awry, I figure to lose a good percentage but it wouldn't be too big of a loss in terms of total $$$ because I'm fairly new to the game. I put in $21k since opening the account in Dec 2011; my account's currently at $30k. Basically free $9k in 3 years! Of course, I could've just as easily lost $9k in those 3 years. Once I've amassed a more substantial amount of money in the account, I'll shift gears and start putting more money into bonds instead of stocks.


Quote:
Originally Posted by DMan14 View Post

kors took a beating sick.gif

Good luck if you're holding long term. I just can't see the brand expanding any further.
Thanks man
Appreciate the gems u dropping
Will rep when I reup
Ur avy is very deceiving
I know I ain't the only one who judges a person by their avy laugh.gif
post #33 of 2496
Glad there is a new thread hopefully this one is more active.
post #34 of 2496
Really really want to get into stocks but right now I don't have the time to invest mean.gif


Don't wanna jump in blindly
post #35 of 2496
Thread Starter 
Quote:
Originally Posted by Mr Marcus View Post

Really really want to get into stocks but right now I don't have the time to invest mean.gif


Don't wanna jump in blindly
Which is why you should paper trade. Best thing you could do is get your feet wet with the simulator. Open an account with ThinkOrSwim, don't fund it, and use their paper trading platform in the meantime so you could at least gain some experience.
post #36 of 2496

Do you advise being riskier with the Roth IRA (at a young age with a max contribution each year) or roll with mutual funds?

post #37 of 2496
Quote:
Originally Posted by Skyline View Post
 

Do you advise being riskier with the Roth IRA (at a young age with a max contribution each year) or roll with mutual funds?

 Pick up this book by Paul Merriman:

 

http://www.amazon.com/First-Time-Investor-Protect-Merrimans-Invest/dp/147820608X/ref=pd_sim_b_2?ie=UTF8&refRID=11FP7ZPBCH1QW76J8J4X

 

Its around $5 from amazon.com and around 100 pages.  It reads super fast and I finished it in a few hours.  One of the best books I have read on how to invest for IRA and 401K.  He talks about the magic of compounding interest and its full benefits in the years 35+ from initiation.  If only I had read this book when I was 18, I would have maxed out a Roth IRA yearly (with my parents help and paid them back in my 30s) and invested in index funds through Vanguard and I would be so much further ahead in the game for retirement planning than where I am right now.  Index funds with diversification in multiple asset classes that include US and international large cap blend, value as well as small cap value, along with domestic and international REIT's will allow you to essentially hold multiple worldwide stocks in a variety of industries that will reduce your volatility and risk while allowing you to build for the future with compounding interest. 

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post #38 of 2496
pimp.gif In
post #39 of 2496
Thread Starter 
Took my BABA call fly off for .90. In at .35. Nice little profit. Would've let it ride till Friday but I wanted to erase some losses from the past two days. Will be looking to play TSLA later.
post #40 of 2496
I'm starting to think there's a little truth to the WSJ article about TSLA. I think anyone who wanted a Tesla has already gotten one. frown.gif

Holding 25 shares long-term. Prove me wrong Elon
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post #41 of 2496
Thread Starter 
Interesting little article on TSLA
http://www.marketwatch.com/story/4-things-tesla-has-to-show-today-for-its-stock-not-to-tumble-2014-11-05?siteid=bigcharts&dist=bigcharts

I got filled on a put fly 200-210-220 for 1.2. Did a 2 lot.

Got filled on a WFM 35-37-39 put fly for .32. Did a 5 lot.

Welp, looks like 0-2 there laugh.gif

Congrats Based.
Edited by JohnnyRedStorm - 11/5/14 at 1:13pm
post #42 of 2496
pimp.gif


I'm actually a little surprised it's up because of missing on deliveries and reducing its delivery forecast. Also delayed the Model X. Would've thought any minor hiccups would've sent this one down.
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post #43 of 2496
Thread Starter 
Got filled on a SWKS call fly 65-67-69 for .25 per 1 lot. Grabbed 10.
Edited by JohnnyRedStorm - 11/6/14 at 1:21pm
post #44 of 2496
^ No bueno

Glad my KING puts didn't get filled
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post #45 of 2496
Thread Starter 
Welp. Not looking too hot here. Guess the lesson is, don't take earnings trades when I haven't made anything on the day or week.
post #46 of 2496
FSLR getting spanked and I'm looking to get in. They have a large contract with GE and currently have more orders than they can fulfill.

I know most of you guys are day traders, but I'm long term. I see it hitting $100 by the time GE can sell their shares.

Any thoughts on FSLR?

http://investor.firstsolar.com/releasedetail.cfm?ReleaseID=783197
post #47 of 2496
Thread Starter 
I like FSLR but you need to have a plan if you wanna play that one. Be smart with your position sizing. Breaks 50, could see 47. If that doesn't hold, could see 37. This is a good name long term, but it could be a ***** to deal with at times. Be smart with your sizing.
post #48 of 2496
Quote:
Originally Posted by JohnnyRedStorm View Post

I like FSLR but you need to have a plan if you wanna play that one. Be smart with your position sizing. Breaks 50, could see 47. If that doesn't hold, could see 37. This is a good name long term, but it could be a ***** to deal with at times. Be smart with your sizing.

Sound advice. Thanks.
post #49 of 2496
Just bought my daughter her first stock. Got her a share of Disney at 89.72. Figured be a good time to start teaching her about investing.
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post #50 of 2496
Subscribed *
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post #51 of 2496
Thread Starter 
added some basic options rules to the OP. will continually be adding stuff here and there so feel free to check the OP now and again if you're new/still learning.

Tandem Trader releases tomorrow pimp.gif looking forward to it. Should be some good footage and homework on there to study.
post #52 of 2496
Thread Starter 
took a lotto call spread on PTLA 30-40 Nov 22s for .85. Just a 3 lot. Sounds like they have data coming out and if it's positive it might move. Lotto play for sure. Let's see if this works or I'm burning money. Just $266 worth of risk so I could live with it if I'm wrong.
post #53 of 2496
Quote:
<< MONDAY >> Nov 10

before

DDD - 3D Systems
DF - Dean Foods
GOGO - Gogo
WWAV - WhiteWave Foods

after

RAX - Rackspace Hosting


<< TUESDAY >> Nov 11

before

DHI - DR Horton

after

FOSL - Fossil Group


<< WEDNESDAY >> Nov 12

before

ADT - ADT Corp
BYD - Boyd Gaming
ECA - Encana Corp
M - Macy's
PF - Pinnacle Foods
PLUG - Plug Power
WUBA - 58.com

after

CSCO - Cisco
FUEL - Rocket Fuel
HUBS - HubSpot
JCP - JC Penney
NTAP - NetApp
PLKI - Popeyes Louisiana Kitchen


<< THURSDAY >> Nov 13

before

KSS - Kohls
RWLK - ReWalk Robotics
VIA / VIAB - Viacom
WMT- WalMart

after

AMAT - Applied Materials
JWN - Nordstrom
WB - Weibo Corp
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post #54 of 2496
Thread Starter 
PTLA had a nice little gap up last night to the high 29s but not enough volume for follow through. I have until the 22nd, we'll see what happens.

I'm gonna share my mistake this morning since it's good to learn from. Had a nice entry in FB short today at the first X (w risk to HoD) but did a bad job taking it off at the second X. My plan was to move my stop and risk o/u VWAP and I cut the trade off before that even tested or came into play. Have a plan, follow the plan. I know what I'm doing now, I just need to execute more efficiently. Took the trade off for no real reason and instead of making a nice paycheck, I made $10 net. Had some 74.50 weekly puts that I got in at .58 that are .87 bid now.



Some repeat buying in HOV calls past week or so. I grabbed 10 Dec 5s and only got filled on 2 on Jan 5s for .08 and .10, respectively.

Grabbed 5 UPS calls Dec 115s for .29 and 5 SEAS Dec 15 puts for .15.

Doing a little UOA today for some swings. Small sizes since UOA could be a crapshoot.

Grabbed a call condor in AAPL for this week 109-110-111-112 for .29 per 1 lot. did 7. let's see if this catches a bounce a little.

Edit: While SEAS has sold off nicely, my puts haven't done much, reason being, I bought them too far out of the money. Got cheap and as a result I need a bigger move now to proft. Plus side is these could still double easily but the smarter play would've been paying a little more for the 16s or 17s.

Posted a video in OP on voodoo lines and how to set them up on the house. There's no audio though mean.gif
Edited by JohnnyRedStorm - 11/12/14 at 9:32am
post #55 of 2496
^ What strike price did you get for your SEAS puts? I should've seen them tumbling after the splash (heh) Black Fish made.


JCP after close today will be interesting. Same with FUEL after they've taken such a beating so far this year (was at 72 around January, 15 now laugh.gif)
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post #56 of 2496
Quiet in my realm today. Been eyeing QQQ and IYM, has some good Google percentages. Figured since i can't afford Google right now, this is the next best solution
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post #57 of 2496
Thread Starter 
December 15 puts Based. I'm gonna let them ride out a little longer since it's so cheap and I didn't buy that many. Theta would eat these up normally but I've got a .125 average on 10 of them so I'm ok with taking the chance that there's more follow through lower after SSR comes off. 16 or 17 puts I would've been able to exit today for some lunch money. Mine haven't moved honestly.

TWTR was a nice example of short trapping today and why I normally try to avoid shorting in the hole if I missed the initial move. Would rather wait for a lower high and set risk to get in on than chase something lower.

Looked like it was gonna go g/r and they snapped it back. Warning: Spoiler! (Click to show)

Really nice move after teasing a complete breakdown.

My AAPL condor is at a great level right now if they expired here. Trying to exit the 109-110 side for .95 but there's still some premium left in them so I may need to wait another day. Max profit is between 110-111. If I leg out, I just need AAPL under 111 to keep the premium on the bear call spread side.

Edit: took the 109-110 long side of the condor off for .90 but the short side isn't looking too hot. Gonna need AAPL to sell off $1.50 by tomorrow's expiration for it to be profitable otherwise I'll be flat on this trade at best. Didn't think AAPL would move as much as it did.
Edited by JohnnyRedStorm - 11/13/14 at 6:49am
post #58 of 2496
wat u guys take on NBG?


any insight appreciated
post #59 of 2496
Thread Starter 
NBG
Not terrible with a stop at or right below 2.04. Not the best play, but you have decent set risk here. Warning: Spoiler! (Click to show)
Daily

Hourly
Needs to clear through 2.27 to get hot. Sorry for that stupid box on the left side of the charts. It keeps popping up for some reason when I click share.

Grabbed a call fly in BABA for next week 116-120-124 for .70 per 1 lot. Did 3 of them.

Took my AAPL condor off for a $100 loss net. Nailed the long leg, but the short leg didn't work. Really didn't expect this one to breakout this week.

UPS and HOV have been turds. Don't mind too much since I took them small size. UOA could be a crapshoot.

PTLA has been a turd as well. Options market isn't liquid enough and not enough volume to hold up any of its gaps from this week. Maybe it catches a bid next week, who knows.
post #60 of 2496
in this
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