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Revscene Wall Street.
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07-12-2012, 03:42 PM
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#7776 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
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Originally Posted by AME_VIP  |  Doubt something like this would be behind it dropping significantly tomorrow
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07-12-2012, 04:37 PM
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#7777 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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^correct ! ( to kazuki)
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07-13-2012, 08:28 AM
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#7778 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
Thanked 348 Times in 165 Posts
Failed 127 Times in 56 Posts
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Another beautiful day on the markets!
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07-13-2012, 11:34 AM
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#7779 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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JPM: And anot a single fuck was given this day
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07-16-2012, 11:37 AM
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#7780 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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thats why i love AMRN.. BOOOM
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07-16-2012, 12:21 PM
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#7781 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
Posts: 1,687
Thanked 731 Times in 294 Posts
Failed 76 Times in 29 Posts
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i usually have the worst luck when it comes to timing, but got in AMRN on thursday morning for a bit over $14.
hopefully this is a good sign.
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07-16-2012, 12:36 PM
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#7782 | | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
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was in at 13.84... hopefully this plays out nicely
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07-16-2012, 04:52 PM
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#7783 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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^Nice buys on that dip. Been in since 10.50, average is 12.33...should get real interesting end of week early next week.
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07-17-2012, 11:44 AM
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#7784 | | I contribute to threads in the offtopic forum
Join Date: Nov 2006 Location: Vancouver
Posts: 2,945
Thanked 1,123 Times in 533 Posts
Failed 71 Times in 38 Posts
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Looking at POT today. Whoever bought back at the dips at $40 level. Pretty good trade so far.
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07-17-2012, 11:34 PM
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#7785 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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for MindBomber rules on whiteboard behind my desk:
1.Scale in all long positions
2.Don't chase
3.Cut losses early , especially if catalyst is far out
4.Patience
5.No mental fantasies
6.Macro market IS important
7.NO Options that expire before catalyst
8.DO not hold throgh catalysts
9.Buy the Bear Raid
10.Always have some free capital
11. Don't be afraid to short.
12.DISCIPLINE. Never break the rules.
edit: wow can't believe I forgot to write one of the most important rules on my wall gotta add this up there
13. No Emotion
and for newbies I'll give you a good one
"NEVER follow others"
Last edited by strykn; 07-17-2012 at 11:57 PM.
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07-18-2012, 12:56 AM
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#7786 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
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does anyone here trade the S&P 500? or watch it closely?
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07-18-2012, 12:58 AM
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#7787 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| Quote:
Originally Posted by strykn for MindBomber rules on whiteboard behind my desk:
1.Scale in all long positions
2.Don't chase
3.Cut losses early , especially if catalyst is far out
4.Patience
5.No mental fantasies
6.Macro market IS important
7.NO Options that expire before catalyst
8.DO not hold throgh catalysts
9.Buy the Bear Raid
10.Always have some free capital
11. Don't be afraid to short.
12.DISCIPLINE. Never break the rules.
edit: wow can't believe I forgot to write one of the most important rules on my wall gotta add this up there
13. No Emotion
and for newbies I'll give you a good one
"NEVER follow others" | what exactly do you mean by rule 2? don't chase?
what is catalyst? is this a stock term?
hmmm what else... thats it. lol.
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07-18-2012, 01:53 AM
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#7788 | | My homepage has been set to RS
Join Date: Jan 2004 Location: Van
Posts: 2,050
Thanked 192 Times in 118 Posts
Failed 49 Times in 32 Posts
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don't chase a stock up if you missed the move
a catalyst is some event that moves the stock, eg. earnings, buy out, announcements, politics, etc..
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07-18-2012, 07:45 AM
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#7789 | | Rider
Join Date: Apr 2010 Location: Surrey
Posts: 3,269
Thanked 2,081 Times in 532 Posts
Failed 439 Times in 100 Posts
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GQC drilled a nice hole and is up 20cents Stockwatch | |
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07-18-2012, 09:34 AM
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#7790 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
| Quote:
Originally Posted by Ulic Qel-Droma does anyone here trade the S&P 500? or watch it closely? | I really want to learn trading the weeklies on S&P... the returns are insane but you need wizard like intuition on the markets. And my rules are centered around biotechs only, I only trade those because I know them in & out... A catalyst is like a major event for a company i.e. PDUFA decision, clinical data, etc... btw ulic I read most of the shit u sent me but I'm still to pussy to try trading futures lol
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07-18-2012, 12:59 PM
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#7791 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
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Huge volume in EBAY July 42 calls today, earnings after the close.
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07-18-2012, 07:37 PM
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#7792 | | Rs has made me the man i am today!
Join Date: Apr 2004 Location: Vancouver
Posts: 3,073
Thanked 69 Times in 47 Posts
Failed 11 Times in 6 Posts
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I want to know which canadian broker allows trading of weekly options..and at what price...
I'm currently with RBC Quote:
Originally Posted by strykn I really want to learn trading the weeklies on S&P... the returns are insane but you need wizard like intuition on the markets. And my rules are centered around biotechs only, I only trade those because I know them in & out... A catalyst is like a major event for a company i.e. PDUFA decision, clinical data, etc... btw ulic I read most of the shit u sent me but I'm still to pussy to try trading futures lol | | |
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07-18-2012, 07:54 PM
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#7793 | | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
| Quote:
Originally Posted by waddy41 I want to know which canadian broker allows trading of weekly options..and at what price...
I'm currently with RBC | Should be any (for sure Questrade and Optionsxpress) it's just a matter of whether the underlying stock has weekly options offered.
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07-18-2012, 10:46 PM
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#7794 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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Have a weird feeling AMRN might get delayed. stay safe.
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07-18-2012, 11:54 PM
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#7795 | | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,719
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| Quote:
Originally Posted by strykn I really want to learn trading the weeklies on S&P... the returns are insane but you need wizard like intuition on the markets. And my rules are centered around biotechs only, I only trade those because I know them in & out... A catalyst is like a major event for a company i.e. PDUFA decision, clinical data, etc... btw ulic I read most of the shit u sent me but I'm still to pussy to try trading futures lol | haha can't you trade stock index without the leverage?
your rules seem very universal. a chart is a chart to me, i trade almost all futures off the same rules, fundamentals always follow technical!
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07-19-2012, 07:20 AM
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#7796 | | I *heart* Revscene.net very Muchie
Join Date: Dec 2007 Location: vancouver
Posts: 3,550
Thanked 4,012 Times in 988 Posts
Failed 210 Times in 55 Posts
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edit: the AMRN drug website & label got leaked. no official announcement yet
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07-19-2012, 08:38 AM
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#7797 | | WOAH! i think Vtec just kicked in!
Join Date: Apr 2004 Location: Vancouver
Posts: 1,687
Thanked 731 Times in 294 Posts
Failed 76 Times in 29 Posts
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^ what do you mean, wouldnt the results come from the fda? Can you elaborate?
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07-20-2012, 11:13 PM
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#7798 | | RS has made me the bitter person i am today!
Join Date: Oct 2006 Location: YVR
Posts: 4,518
Thanked 1,275 Times in 434 Posts
Failed 62 Times in 24 Posts
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How much capital would guys suggest I should have before going into the stock market?
One of my coworkers told me to have at least $4k to invest
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07-21-2012, 04:41 PM
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#7799 | | 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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| Quote:
Originally Posted by azndude69 ^ what do you mean, wouldnt the results come from the fda? Can you elaborate? | Hey dude sorry for late response. AMRN's PR firm had put up a website url for AMR101 (trademark Vascepa) saying it had been approved and showed a 'draft' label which looked really good. They took the site down almost immediately after people found the URL. And as always if ur in this stock, sell on the pop or get burned Quote:
Originally Posted by ForbiddenX How much capital would guys suggest I should have before going into the stock market?
One of my coworkers told me to have at least $4k to invest | Depends if you'r going to play with leverage or just ur base. If your starting off trading options, you can get by with 2k and make some serious returns. Securities? 5k min. Margin/leverage , depending on buying power, 3kish.... keep in mind the less capital you have the more risk you have to take if that makes any sense.. lol
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07-21-2012, 11:20 PM
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#7800 | | My homepage has been set to RS
Join Date: Jan 2012 Location: vancouver
Posts: 2,447
Thanked 1,759 Times in 545 Posts
Failed 1,107 Times in 281 Posts
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so its my first time looking into this. what are my options that i can do with 100$? some site that i found on google said that i can start off with that price at minimum.
which sites do you guys look at to check for your stocks? what are the things that i should be looking out for?
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