Agree, I think he's around but can't remember the new user name...NRD09 said:
Is claym still here under an alias? He's one of my favorite bears
Agree, I think he's around but can't remember the new user name...NRD09 said:
Is claym still here under an alias? He's one of my favorite bears
I didn't make the listGtownRAB said:third coast.. said:
So who are the 5? I obviously know one of them.
I hate to make a list because I will forget some guys that help, but off the top of my head:
0A
Mcinnis (not sure which version though)
59
FJ
Ranger
30k
Aggiedaniel
Edit - added AD
Bretton GeckoNRD09 said:
Is claym still here under an alias? He's one of my favorite bears
I had to do a double take at the chart on it and even changed time frames down to 1 Min. Thought something was broke on my chart as its been a boring flattish slow slide. If I get any volume alert on the 1 Min that bumps it I will pick up a little more here around .62. Still can lower my cost basis a little bit at .62. After that waiting to .50s should it ever get there.cptthunder said:
Anyone think CIDM is going to flash to $.60 again? Missed it yesterday but thinking that if it goes to .60 again it might punch through and drop lower
Man I tried to get fills this morning at $6.80 early premarket. Set it and it flashed there but didn't pick me up. Went to a meeting and came back a little while ago to it having touched $7.15. If it comes back into the $6.80s I will adjust my buy but not thinking it will at this point..$30,000 Millionaire said:
I did both. Sometimes trades don't work out. I think in this one given I played small, I will be willing to risk the entire premium until expiration.
I bleed maroon said:Sorry, but I'd say the number is roughly zero.third coast.. said:
So who are the 5? I obviously know one of them.
There are people on this thread who demonstrate trading discipline, which helps performance.
There are people on this thread who are good at uncovering trading opportunities through decent due diligence.
There are people on this thread who are adept at choosing entry and exit points for individual holdings.
There is no one here who "knows" what they're doing in the markets, as that would require certainty regarding the future. At best, there are educated guesses, and discipline in taking gains or pulling the plug if the concept goes awry.
In my opinion, 99.9999% of the people on this thread (and in the population overall) would be better off investing in a well-rounded market basket of low cost index funds, regardless of investment objective. Certainly this is the case for retirement funds or college savings.
Now, when it comes to fun money, and trying to catch lightning in a bottle with discretionary funds, this thread provides interesting ideas, methods, and concepts. Traders can certainly learn about advanced trading strategies (use of options, for example), but count me as a skeptic as to the value of any "trading system" (especially the pure chartist stuff).
Running with the Bulls said:
ONTX volume!
Since my portfolio is about 98% bullish positions, I'll just assume you're talking about someone else?Rice and Fries said:I bleed maroon said:Sorry, but I'd say the number is roughly zero.third coast.. said:
So who are the 5? I obviously know one of them.
There are people on this thread who demonstrate trading discipline, which helps performance.
There are people on this thread who are good at uncovering trading opportunities through decent due diligence.
There are people on this thread who are adept at choosing entry and exit points for individual holdings.
There is no one here who "knows" what they're doing in the markets, as that would require certainty regarding the future. At best, there are educated guesses, and discipline in taking gains or pulling the plug if the concept goes awry.
In my opinion, 99.9999% of the people on this thread (and in the population overall) would be better off investing in a well-rounded market basket of low cost index funds, regardless of investment objective. Certainly this is the case for retirement funds or college savings.
Now, when it comes to fun money, and trying to catch lightning in a bottle with discretionary funds, this thread provides interesting ideas, methods, and concepts. Traders can certainly learn about advanced trading strategies (use of options, for example), but count me as a skeptic as to the value of any "trading system" (especially the pure chartist stuff).
Someone go fetch the bear spray! Shoo bear. Shoo!
How do you reconcile these two? Say you have a position of CIDM at .60. It drops to .55 and your stop loss kicks in. When do you re-enter? When a perceived bottom is reached?2percent said:
4. Use stop losses.
5. When a stock you own takes a dip, consider lowering you cost per share by buying more.
Contrarian take on this (not a blanket, all everything statement) - stocks with high prices are priced higher for a reason. It is possible to buy high and sell higher, just like it is possible to buy low and sell lower. Buy dips on an uptrend, don't buy spikes on a down trend. The market is efficient but it can be inefficient in individual names. When you find these opportunities, you should jump on them.PearlJammin said:How do you reconcile these two? Say you have a position of CIDM at .60. It drops to .55 and your stop loss kicks in. When do you re-enter? When a perceived bottom is reached?2percent said:
4. Use stop losses.
5. When a stock you own takes a dip, consider lowering you cost per share by buying more.
Very well stated. This is the kind of broadly-applicable trading advice that really brings value to this thread.$30,000 Millionaire said:Contrarian take on this (not a blanket, all everything statement) - stocks with high prices are priced higher for a reason. It is possible to buy high and sell higher, just like it is possible to buy low and sell lower. Buy dips on an uptrend, don't buy spikes on a down trend. The market is efficient but it can be inefficient in individual names. When you find these opportunities, you should jump on them.PearlJammin said:How do you reconcile these two? Say you have a position of CIDM at .60. It drops to .55 and your stop loss kicks in. When do you re-enter? When a perceived bottom is reached?2percent said:
4. Use stop losses.
5. When a stock you own takes a dip, consider lowering you cost per share by buying more.
In general, you should sell a loser when it has no reasonable chance to recover or there are fundamental alterations to its business. Remember that unrealized losses are the same as realized losses and you should always evaluate where you can best deploy your capital. Example:
- You bought stock A at $10, it is now $5. It might recover, but doesn't look good
- Stock B is $5 and can go to $20.
Where should you deploy your capital? you should sell A without thinking about it and buy B. Human nature makes this hard for us. We want to be right and will therefore stick with losers. F being right. Embrace being wrong and getting out before you make it worse.
ClutchCityAg said:
My younger brother just graduated and got a new job with 401K matching (I told him always contribute the max), but he has also started a Fidelity account and was looking to put his idle cash to work.
For someone who will be very hands off and not check it often, would he be better off putting this in a mutual fund through fidelity or just buying shares of some solid ETFs? He wants to invest in tech and large caps so I was thinking maybe the ARK funds would be good for him?
If it's truly invest-and-forget-it, it probably doesn't matter. Just minimize fees by choosing low expense ratios and always avoid transaction fees. I personally prefer ETFs, mainly due to being able to trade intraday, and for slightly more control of tax efficiency. You can also use advanced strategies, like writing covered calls on them to boost income.ClutchCityAg said:
My younger brother just graduated and got a new job with 401K matching (I told him always contribute the max), but he has also started a Fidelity account and was looking to put his idle cash to work.
For someone who will be very hands off and not check it often, would he be better off putting this in a mutual fund through fidelity or just buying shares of some solid ETFs? He wants to invest in tech and large caps so I was thinking maybe the ARK funds would be good for him?
I set my stop losses at 10% from purchase price initially and then adjust them if the stock moves up. This prevents any catastrophic losses on a collapse. Which i have experienced in the past, before i started doing this.PearlJammin said:How do you reconcile these two? Say you have a position of CIDM at .60. It drops to .55 and your stop loss kicks in. When do you re-enter? When a perceived bottom is reached?2percent said:
4. Use stop losses.
5. When a stock you own takes a dip, consider lowering you cost per share by buying more.