The Business and Financial Forum THIS SPACE OPEN FOR ADVERTISEMENT. YOU SHOULD BE ADVERTISING HERE! Revscene Wall Street.
Consolidating debt? Good business tips? Buying stock? How's our economy doing? Discuss and share advice and tools on everyday banking, investing, wealth management and insurance. | | |
01-10-2013, 10:05 PM
|
#8276 | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by Iceman-19 CUU up 21% today. | 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)
|
| |
01-11-2013, 01:42 AM
|
#8277 | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
| Quote:
Originally Posted by strykn 100% short into tomorrow and next week. Lets see if i get slaughtered tomorrow | 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?
Last edited by Ulic Qel-Droma; 01-11-2013 at 03:19 AM.
|
| |
01-11-2013, 10:12 AM
|
#8278 | Need to Seek Professional Help
Join Date: Jun 2010 Location: Vancouver
Posts: 1,011
Thanked 528 Times in 187 Posts
Failed 79 Times in 22 Posts
|
good info! thanks Ulic!
As someone who is a "noob" your post really explains where your head should be when making trades and ect.
|
| |
01-11-2013, 10:16 AM
|
#8279 | Where's my RS Christmas Lobster?!
Join Date: Dec 2012 Location: Surrey
Posts: 812
Thanked 1,233 Times in 266 Posts
Failed 65 Times in 15 Posts
|
RIMM up 1.29$ trading at 13.21 at the time I am writing this, holding out for bb10 though
|
| |
01-11-2013, 10:47 AM
|
#8280 | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
| Quote:
Originally Posted by Iceman-19 CUU up 21% today. | back to $1.00 today
|
| |
01-11-2013, 02:31 PM
|
#8281 | My homepage has been set to RS
Join Date: May 2011 Location: Vancouver
Posts: 2,489
Thanked 1,458 Times in 588 Posts
Failed 16 Times in 9 Posts
|
Wow RIMM...weekly 12.5 calls were 30x your money at 9:51...imagine having them into the closing hour.... one can only dream/hindsight
|
| |
01-11-2013, 02:40 PM
|
#8282 | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
| Quote:
Originally Posted by slicrick RIMM up 1.29$ trading at 13.21 at the time I am writing this, holding out for bb10 though | 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.
|
| |
01-11-2013, 02:51 PM
|
#8283 | Where's my RS Christmas Lobster?!
Join Date: Dec 2012 Location: Surrey
Posts: 812
Thanked 1,233 Times in 266 Posts
Failed 65 Times in 15 Posts
| Quote:
Originally Posted by z-33 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 BlackBerry Z10 leaks in RIM marketing materials | BGR |
| |
01-11-2013, 03:08 PM
|
#8284 | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
| 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!
|
| |
01-11-2013, 03:13 PM
|
#8285 | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
| Quote:
Originally Posted by blkgsr back to $1.00 today | Could you please tell us why its at a dollar, and not just update us on the status of it, or just not post about a stock in a stock market thread please.
|
| |
01-11-2013, 03:22 PM
|
#8286 | Where's my RS Christmas Lobster?!
Join Date: Dec 2012 Location: Surrey
Posts: 812
Thanked 1,233 Times in 266 Posts
Failed 65 Times in 15 Posts
| Quote:
Originally Posted by z-33 I picked it up at like 6.13 this is music to my ears, when I woke up to seeing the z10 I was super excited
Awesome to hear man, the z10 definitely looks sick but imma hold off for the N series since i hate touch (currently have iphone5). I wish i bought in the 6 range! | I am holding out for the N series also I have a iPhone 4 and touch just isn't for me I miss my bold 9000 I was super close to buying a 9900 but i'm holding out for the N
it's my first time investing any money in anything as I am only 18 and its going pretty damn well, I know not every invest will go this well let alone work.
Myself I would haven't wanted to invest RIMM because of the risk, but my grandparents helped me on it because they are teaching me about stocks and the market etc they told me it was so cheap at the time we bought it that I should put my money in also
it closed at 13.56$ today with a increase of 1.64$
EDIT: forgot the end of my post..
Last edited by slicrick; 01-11-2013 at 03:33 PM.
|
| |
01-11-2013, 03:41 PM
|
#8287 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
| Quote:
Originally Posted by Iceman-19 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. | |
| |
01-11-2013, 08:33 PM
|
#8288 | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
| Quote:
Originally Posted by SiRV |
Beating 4444 to it.
|
| |
01-12-2013, 09:39 AM
|
#8289 | I bringith the lowerballerith
Join Date: Mar 2002 Location: Vancouver
Posts: 1,103
Thanked 107 Times in 60 Posts
Failed 31 Times in 12 Posts
| Quote:
Originally Posted by z-33 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! | 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.
__________________
ATTACK
|
| |
01-12-2013, 12:21 PM
|
#8290 | RS.net, where our google ads make absolutely no sense!
Join Date: Mar 2011 Location: Richmond
Posts: 916
Thanked 692 Times in 227 Posts
Failed 68 Times in 25 Posts
| Quote:
Originally Posted by SiRV i don't see how etfs fit into that list.... Posted via RS Mobile | Anything that isn't typical futures (ie. actual company stocks and that company only etc), I am locked from including ETFs
|
| |
01-12-2013, 06:43 PM
|
#8291 | I *heart* Revscene.net very Muchie
Join Date: Nov 2004 Location: vancouver
Posts: 3,680
Thanked 772 Times in 387 Posts
Failed 152 Times in 50 Posts
| Quote:
Originally Posted by Iceman-19 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. | says the guy that posted this: Quote:
Originally Posted by Iceman-19 CUU up 21% today. | |
| |
01-12-2013, 06:52 PM
|
#8292 | Banned By Establishment
Join Date: Jan 2003 Location: Coquitlam, BC
Posts: 9,521
Thanked 1,289 Times in 409 Posts
Failed 407 Times in 100 Posts
|
DOES NOBODY UNDERSTAND SARCASM?!
|
| |
01-12-2013, 09:09 PM
|
#8293 | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by Iceman-19 DOES NOBODY UNDERSTAND SARCASM?! | It's the Internet, hard to do sarcasm, stop trying
Also, ur not funny, nor is ur sarcasm
|
| |
01-12-2013, 10:23 PM
|
#8294 | SiRVs up, dude
Join Date: Jan 2004 Location: Outerspace
Posts: 4,771
Thanked 345 Times in 178 Posts
Failed 31 Times in 17 Posts
|
i'm long vxus as if Friday, my portfolio is now finished! will be rebalancing every six months Posted via RS Mobile |
| |
01-13-2013, 08:44 AM
|
#8295 | My AFC gave me an ABS CEL code of LOL while at WOT!
Join Date: Mar 2004 Location: LANGFORD!
Posts: 1,883
Thanked 1 Time in 1 Post
Failed 0 Times in 0 Posts
|
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%
__________________
05 350Z Touring
|
| |
01-13-2013, 02:58 PM
|
#8296 | I contribute to threads in the offtopic forum
Join Date: Jun 2006 Location: not vancouver
Posts: 2,642
Thanked 1,941 Times in 765 Posts
Failed 532 Times in 202 Posts
| Quote:
Originally Posted by PhEnX 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
|
| |
01-14-2013, 09:57 AM
|
#8297 | Banned By Establishment
Join Date: Jul 2010 Location: Vancouver
Posts: 166
Thanked 127 Times in 30 Posts
Failed 58 Times in 21 Posts
|
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: |
| |
01-14-2013, 10:13 AM
|
#8298 | 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
|
apple 500 puts for a gamble a break is GG..
So, ulic can you short 1mil amzn shares for me right now please, thanks.
|
| |
01-14-2013, 11:14 AM
|
#8299 | I keep RS good
Join Date: May 2001 Location: Cosmos
Posts: 28,720
Thanked 5,581 Times in 1,516 Posts
Failed 869 Times in 293 Posts
|
im up big time on grain futures
|
| |
01-14-2013, 12:59 PM
|
#8300 | 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
|
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.
|
| | | |
Posting Rules
| You may not post new threads You may not post replies You may not post attachments You may not edit your posts HTML code is Off | | | All times are GMT -8. The time now is 04:13 AM. |