Great, but did you/could you have called that?

Nothing more pointless than XYZ stock up big (I had no idea or any way of knowing why or how this happened, I'm just sharing information)

same. short crude oil and gold. big grain report tomorrow at 9am pst if any of you trade the grains, it should be a limit day move. big money to be won... or lost. lol.




a few things i've noticed, i just wanted to verify with you guys, if you noticed the same things... or feel free to add on.

-good trades work almost right away. none of this going sideways, slightly in or out of the money. all my good trades work within a 1-5 candle sticks (whichever time frame you use). after ~5 bars if it's still not "well" in the money, just cut your loss and get out. but have the balls to jump back in when the signal presents itself again, even if it's soon after.

I figure once it's ~5 bars out and not going your way, then you're just gambling at this point. the signal you chose to enter on was wrong, and now the new updated information (the 5 or so bars), tell you it's not going anywhere, so get out. don't gamble.


-if you find yourself having a hard time pulling the trigger (to get in, or out), it's probably the right thing to do. the hardest trades to make, are usually the best ones (and vice versa, the easiest trades are usually the losers).


-the H word... hope. if you find yourself using that word, you should probably just get out of the trade. Don't hope it turns around, don't hope for more, don't hope.
I talk to myself outloud a lot, and discuss my trades with friends. I always catch myself saying hope ex. I hope the market tanks tomorrow (while in a position).
Do or do not! there is no hope! lol... hope ties in heavily with the point above. hope makes it exponentially harder to pull the trigger.


-chasing the market: i say... yes to chasing. to a certain point... some traders are picky as fuck, they want their limit order price, they want that exact fucking price. they'll nit pick like a few cents or dollars for an entry point, and if they don't get that price they forget about the trade. I say fuck those few cents and chase. if you're so certain on the market direction, those few cents mean nothing in the grand picture of the trade. now don't get this confused with a market that's been running for days or weeks or whatever, chasing a market that's already had a big move is different.

that's all i can think of for now.


If any of you guys have advice on how to add on positions to a current one, ex. what to look for, segregated stop losses or all grouped together. etc. your experiences. i'd like to hear em.

or whatever. I think sharing stories and experiences is probably better than sharing stock pickings. there's no point sharing stock pickings if people arent gonna trade it properly right?

good info! thanks Ulic!
As someone who is a "noob" your post really explains where your head should be when making trades and ect.

RIMM up 1.29$ trading at 13.21 at the time I am writing this, holding out for bb10 though

back to $1.00 today

Wow RIMM...weekly 12.5 calls were 30x your money at 9:51...imagine having them into the closing hour....:sweetjesus: one can only dream/hindsight

Like i said back in Nov, the stock will be at 14-17 dollars at launch (Jan.30). Screw all the RIM Haters! The stock has gapped up and this should set a new support level. Its gunna be a nice 2 weeks up to launch, especially if the shorts start covering (138 million!) idiots in my opinion.

I picked it up at like 6.13 this is music to my ears, when I woke up to seeing the z10 I was super excited http://www.acekor.com/wp-content/upl...ckBerryZ10.jpg
BlackBerry Z10 leaks in RIM marketing materials | BGR

I picked it up at like 6.13 this is music to my ears, when I woke up to seeing the z10 I was super excited

Awesome to hear man, the z10 definitely looks sick but imma hold off for the N series since i hate touch (currently have iphone5). I wish i bought in the 6 range!

Could you please tell us why its at a dollar, and not just update us on the status of it, or just not post about a stock in a stock market thread please.

I am holding out for the N series also I have a iPhone 4 and touch just isn't for me I miss my bold 9000 I was super close to buying a 9900 but i'm holding out for the N

it's my first time investing any money in anything as I am only 18 and its going pretty damn well, I know not every invest will go this well let alone work.

Myself I would haven't wanted to invest RIMM because of the risk, but my grandparents helped me on it because they are teaching me about stocks and the market etc they told me it was so cheap at the time we bought it that I should put my money in also

it closed at 13.56$ today with a increase of 1.64$

EDIT: forgot the end of my post.. :failed:

:suspicious:

:fullofwin:

Beating 4444 to it.

Nice pickup at 6.13.

Friday's +13% gain was nice.

I also have a position in RIMM and looking forward to the BB10 launch.

I'm cheering for this Canadian Company.

Anything that isn't typical futures (ie. actual company stocks and that company only etc), I am locked from including ETFs

says the guy that posted this:

DOES NOBODY UNDERSTAND SARCASM?!

It's the Internet, hard to do sarcasm, stop trying

Also, ur not funny, nor is ur sarcasm

i'm long vxus as if Friday, my portfolio is now finished! will be rebalancing every six months
Posted via RS Mobile

anyone ever look at APT:NYSE? Looks like a good way to play the flu epidemic going on in the east. During H1N1 it went up 500%

It did, but then it came crashing back down - could be a good trade, too risky for me, but with 500% increases, do people think this increase in revenue and profits will last?? Obviously it won't, right?

Def a good punt, as long as you see the risks

Apple shares tank another 3% hitting an 11 month low at 502.82 on news of iphone cutbacks, while rim shares pop again sitting at 14.69 on the tsx up another 10%!!

Apple fanboys insert comment here::badpokerface:

apple 500 puts for a gamble a break is GG..

So, ulic can you short 1mil amzn shares for me right now please, thanks.

im up big time on grain futures

For those long term investors, and not traders. DML (denison) just got upgraded this past week and uranium demand and prices is projected to increase in 2013. uranium prices are at super low prices at around $40 a lb, and it was almost $75 before the japan earthquake.

I've been a long time holder, bought more when it was at $1.10, with an average cost of $1.25.

Back on Sept 18th, 2012 someone bought a shietload of shares (5 times daily volume) around $1.70.