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03-11-2011, 08:21 PM
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#3476 | Rs has made me the woman i am today!
Join Date: Jan 2011 Location: Vancouver DT
Posts: 4,322
Thanked 2,797 Times in 916 Posts
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| Quote:
Originally Posted by gdoh your dumb
3k is enough. i started out with 1.5k and have done well for myself =|
i wouldnt called it gambling i would rather it call and educated risk.
-only risk what your willing to lose
-do your research before buying
-if the deal is to good to be true it probably is
-dont be afraid to sell and take a profit
-be patient
those are some main points i got |
Yeah,well,after hearing market's are gonna sag because of the earth quake in japan i think i would want to buy in while their down & maybe raise up in the coming month's,5 grand i'll try throw down..
anyone know of any market share's for lumber?,shouldn't that be the cue to buy stocks for that since Japan need's to rebuild some of it's house's or No?....hmm?.
Edit: oh it's slowly going higher..?
CFP Canfor Corporation (TSE) stock.
“With wood construction significantly more earthquake- resistant than concrete, we expect that the majority of the rebuilding to be done using wood as a construction material,” Richard Kelertas, a Montreal-based analyst, said today in a note to clients. “This should have positive impact on most of our North American timber, lumber and building materials stocks.”
International Forest Products surged 80 cents, or 15 percent, to C$6 in Toronto, the biggest gain since December 2008, while Canfor advanced 88 cents, or 7.2 percent to C$13.07. http://www.bloomberg.com/news/2011-0...with-wood.html
Last edited by Mr.Money; 03-11-2011 at 08:32 PM.
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03-13-2011, 03:41 AM
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#3477 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
Thanked 39 Times in 10 Posts
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| Quote:
Originally Posted by Mr.Money Yeah,well,after hearing market's are gonna sag because of the earth quake in japan i think i would want to buy in while their down & maybe raise up in the coming month's,5 grand i'll try throw down..
anyone know of any market share's for lumber?,shouldn't that be the cue to buy stocks for that since Japan need's to rebuild some of it's house's or No?....hmm?.
Edit: oh it's slowly going higher..?
CFP Canfor Corporation (TSE) stock.
“With wood construction significantly more earthquake- resistant than concrete, we expect that the majority of the rebuilding to be done using wood as a construction material,” Richard Kelertas, a Montreal-based analyst, said today in a note to clients. “This should have positive impact on most of our North American timber, lumber and building materials stocks.”
International Forest Products surged 80 cents, or 15 percent, to C$6 in Toronto, the biggest gain since December 2008, while Canfor advanced 88 cents, or 7.2 percent to C$13.07. http://www.bloomberg.com/news/2011-0...with-wood.html |
Before you throw down your money, could you please let us know what your investment goals are first? Is this $5K money that you'll need to use fairly soon? Or is it something that you can leave in the markets for a while or perhaps even lose altogether?
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03-13-2011, 12:49 PM
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#3478 | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
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Originally Posted by waddy41 ummm can you give me a scenario?
i am holding telus and i just sold jan 2012 calls for $1.25. | http://www.great-option-trading-stra...red-calls.html |
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03-14-2011, 02:13 AM
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#3479 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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Nikki down 6.2% , US futures down a bit. Waiting to see the action today.
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03-14-2011, 03:04 AM
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#3480 | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
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I wouldnt WRITE any options unless you really knew what you were doing. All you get is the premium, which isnt that much money. and your risk is almost unlimited.
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03-14-2011, 05:06 AM
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#3481 | Banned (ABWS)
Join Date: Sep 2006 Location: vancouver
Posts: 1,115
Thanked 124 Times in 36 Posts
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Anybody want to help me out first hand with how to invest? |
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03-14-2011, 07:50 AM
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#3482 | Need my Daily Fix of RS
Join Date: Feb 2002 Location: London UK
Posts: 270
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So who's short UUU? Posted via RS Mobile |
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03-14-2011, 10:09 AM
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#3483 | Where's my RS Christmas Lobster?!
Join Date: Jan 2006 Location: vancouva
Posts: 854
Thanked 1 Time in 1 Post
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^^ its depressing.
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03-14-2011, 10:55 AM
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#3484 | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
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I bet most of you guys bought UUU for the $1 dividend so your shares are still in the money so to speak.
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03-14-2011, 10:58 AM
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#3485 | I don't get it
Join Date: Mar 2008 Location: burnaby
Posts: 426
Thanked 59 Times in 41 Posts
Failed 40 Times in 9 Posts
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speculative plays are now attractive at current share prices - back in on nortec
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03-14-2011, 12:33 PM
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#3486 | RS has made me the bitter person i am today!
Join Date: Apr 2002 Location: In your head
Posts: 4,591
Thanked 376 Times in 176 Posts
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| Quote:
Originally Posted by Ulic Qel-Droma I wouldnt WRITE any options unless you really knew what you were doing. All you get is the premium, which isnt that much money. and your risk is almost unlimited. | Um.. wrong. Being short naked calls gives you unlimited risk. As for the premium you collect, that's a function of the strike price, the expiration date and volatility in the markets. If for example, you found a low beta stock like walmart and just did nothing but write puts on it, with the minimal margin requirements on it, you could make a decent return.
Being short naked puts gives you a payoff equal to premium - max(strike price - price at expiration, 0). Your risk then is only strike price - premium. Covered calls will have the same payoff.
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03-14-2011, 05:40 PM
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#3487 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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agreed da fonz...
I'm writing covered calls...
I get the premium, dividends and the price appreciation...
However, on the flip side if the price drastically drops, I can't touch my shares until I buy back the calls..
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03-14-2011, 08:00 PM
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#3488 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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Futures are just getting killed down right nasty. I am surprised they haven't halt the market in Japan yet. The Feds are going to have to intervene or we have market meltdown tomorrow no doubt about it.
Last edited by Carl Johnson; 03-14-2011 at 08:13 PM.
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03-14-2011, 08:26 PM
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#3489 | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
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Ya futures are bloody, on top of that, of all days, there will be no scheduled POMO tmw...
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03-14-2011, 08:53 PM
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#3490 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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Shitty for me I bought CAT today, so I will be taking a good hit. Oh wells my trading motto is: A good trader knows when to take profit; A great trader knows when to take a loss.
This looks to me like the time to take a loss and wait for better opportunity down the road.
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03-14-2011, 09:02 PM
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#3491 | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
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Nikkei down 10%.....
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03-14-2011, 09:07 PM
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#3492 | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
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Can't think of a reason why Japan would keep their market open
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03-14-2011, 09:16 PM
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#3493 | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
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Flash crash. Wouldn't be surprised if I see DOW down 1000 points some time tomorrow.
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03-14-2011, 11:10 PM
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#3494 | Everyone wants a piece of R S...
Join Date: Jun 2010 Location: Eastside
Posts: 353
Thanked 309 Times in 63 Posts
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Originally Posted by choda Anybody want to help me out first hand with how to invest? | I would like to as well but I have only a slight idea of what do, can anyone please explain?
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03-15-2011, 06:50 AM
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#3495 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
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FFFFFFFFFFFUUUUUUUUUUUUUUUUUUUU
RBC direct investing is down
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03-15-2011, 06:57 AM
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#3496 | Guest
Join Date: Oct 2010 Location: Vancouver
Posts: 148
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Grabbed some CUU at 1.30
going with Buffet's motto "be greedy when others are fearful, fearful when others are greedy"
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03-15-2011, 07:01 AM
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#3497 | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
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yes....trying to pick up some SLX now...
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03-15-2011, 07:27 AM
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#3498 | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
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holy shit SEA OF RED
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03-15-2011, 08:23 AM
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#3499 | I don't get it
Join Date: Oct 2010 Location: Vancouver
Posts: 433
Thanked 96 Times in 49 Posts
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tsunami half way across the world affects our market ... lawl
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03-15-2011, 08:34 AM
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#3500 | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
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wonderful buying opportunities
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