STOCK MARKET Thread

[DC5-S]

hey guys, im new to stocks and so on. Any good articles to learn more for new comers? Recently got a decent job so I wanna start investing and so forth. What do you think of DRIP? Is it a safe way to make long term profit. a guy at work told me to buy bank stocks and set them up on drip.

[dat_steve]

anyone here holding PLUG? I step away to go grab a coffe and it pops 25% and it's still going.

i wonder who the partnership will be with, VW denied previous rumours it was them. I don't speculate but i like to keep up with the drama heh

[jasonturbo]

Originally Posted by dat_steve

anyone here holding PLUG? I step away to go grab a coffe and it pops 25% and it's still going.

i wonder who the partnership will be with, VW denied previous rumours it was them. I don't speculate but i like to keep up with the drama heh

Couple weeks ago I was in @ 7$ and out stopped out @ 10.45$.

The CEO is very aware that the things he says hs a significant impact on the PPS and he acts/speaks accordingly.

On the flipside, they have a terrible financial track record. They have also avoided disclosing the details of the business such as margins on the walmart acount that started the mania etc.

I would play it again, but I would be setting stops and staying away from overnight holds unless I have a nice cushion.

[dat_steve]

Originally Posted by DC5-S

What do you think of DRIP?

I do a DRIP for a few of my dividend paying holdings to save on transaction fees. Some people would rather accumulate the cash and invest it as they please. Mind you I'm pretty passive, so I just see it as a way to get some form of compounding income going.

[Ulic Qel-Droma]

Originally Posted by Carl Johnson

no one cares more about my money than I do. the financial industry wants us to believe that we the retail investors can't outperform the market. but if you want to be associated with mediocrity then stick with index funds or mutual funds. with the power of internet there is really no excuse anymore as anything and everything is out there for you to learn. efficient market hypothesis is a bunch of nonsense and I see it every day in the market.

retail investors of course can outperform the market.

just not all of them. lol. i believe most people give up before their "tuition" is over.

and most people can't handle losses... they just don't have the personality suited for trading/investing.

and people/society have been hammered too hard to believe there's a textbook for everything. Always asking for articles and textbooks. You have to go out there and find successful traders and learn from them. Learn from people. I always have believed trading is more of an apprenticeship than academics.

risk control risk control risk control
find a trend, buy in, leverage the shit out of it.
risk control risk control risk control
make money.

it's that easy.



risk control.(period)

never focus on the upside. never try to squeeze more juice out of the lemon than it can give.
maximizing. efficiency. maximum productiveness should all be focused on the downside. not the upside.
it's always about the downside. always about your losses and how you can control the losses.

if you can control the losses and understand risk control, the gains will come naturally.

[jasonturbo]

Back into PLUG again, 2500 shares @ 7.65.

Will be setting stops like it's a religion, I can see it heading back to 9$ range pretty easily.

[Carl Johnson]

Originally Posted by Ulic Qel-Droma

retail investors of course can outperform the market.

just not all of them. lol. i believe most people give up before their "tuition" is over.

and most people can't handle losses... they just don't have the personality suited for trading/investing.

and people/society have been hammered too hard to believe there's a textbook for everything. Always asking for articles and textbooks. You have to go out there and find successful traders and learn from them. Learn from people. I always have believed trading is more of an apprenticeship than academics.

risk control risk control risk control
find a trend, buy in, leverage the shit out of it.
risk control risk control risk control
make money.

it's that easy.



risk control.(period)

never focus on the upside. never try to squeeze more juice out of the lemon than it can give.
maximizing. efficiency. maximum productiveness should all be focused on the downside. not the upside.
it's always about the downside. always about your losses and how you can control the losses.

if you can control the losses and understand risk control, the gains will come naturally.

your biggest enemy in investing/trading is yourself. you can't control what the market is going to do on any given day but you can control your emotion.

[mas604]

Originally Posted by Carl Johnson

your biggest enemy in investing/trading is yourself. you can't control what the market is going to do on any given day but you can control your emotion.

I agree, but from what I've read and experienced myself trying to control your emotions is a hard thing to do. We're essentially trying to go against how nature designed us, but it's not impossible it's just really hard. Thinking rationally is a hard thing to do when your portfolio is all showing red...

[Carl Johnson]

yea human evolution taught us if you want to stay alive you better stay in a group. however, as our environment has changed where we don't have to fear for physical dangers our brain is still wired the same way from thousands of years ago. the people who makes it in this life stay ahead of the pack and most of time outside the pack. but it is difficult because of the immense social pain it exerts on our mental being by staying unconventional.

[strykn]

Originally Posted by DC5-S

hey guys, im new to stocks and so on. Any good articles to learn more for new comers? Recently got a decent job so I wanna start investing and so forth. What do you think of DRIP? Is it a safe way to make long term profit. a guy at work told me to buy bank stocks and set them up on drip.

Asking other people and putting your capital at risk from "tips" or what that guy said is a sure path to failure.

Nothing is ever "safe". "Safe" changes constantly as market conditions & trends change.

[strykn]

edit : dble post sorry :{

[Ulic Qel-Droma]

Originally Posted by mas604

I agree, but from what I've read and experienced myself trying to control your emotions is a hard thing to do. We're essentially trying to go against how nature designed us, but it's not impossible it's just really hard. Thinking rationally is a hard thing to do when your portfolio is all showing red...

i can already tell you what you're doing wrong here...

you're making decisions after you enter.

all possibilities that you can think of should be written down for all positions you enter.

and when they happen, you execute it based on instructions you have written yourself. you should also have a plan of what if the unknown happens. something you didn't predict.

you cannot make clear decisions when in a position (winning or losing). when you're in a position you're literally drunk/insane.

"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand." -Sun Tzu

[jasonturbo]

Out of PLUG with .05 profit lol

Momo is dead, someone else can own that dream.

[dat_steve]

that's good you came out on top at least haha i made a quick short on plug this morning and made out with some good lunch money

[jasonturbo]

Originally Posted by dat_steve

that's good you came out on top at least haha i made a quick short on plug this morning and made out with some good lunch money

I would have dumped during PM but for some reason Scotia itrade was screwing me around until tregular trading hours.

[mas604]

Originally Posted by Ulic Qel-Droma

i can already tell you what you're doing wrong here...

you're making decisions after you enter.

all possibilities that you can think of should be written down for all positions you enter.

and when they happen, you execute it based on instructions you have written yourself. you should also have a plan of what if the unknown happens. something you didn't predict.

you cannot make clear decisions when in a position (winning or losing). when you're in a position you're literally drunk/insane.

"The general who wins the battle makes many calculations in his temple before the battle is fought. The general who loses makes but few calculations beforehand." -Sun Tzu

I just meant once your in position it's generally hard to keep your emotions out if the entire market sways against you.

[jasonturbo]

Thinking of loading up on some TSLA puts asap

[Ulic Qel-Droma]

Originally Posted by mas604

I just meant once your in position it's generally hard to keep your emotions out if the entire market sways against you.

yes i agree. thats why i just don't look. lol. i look once a day for like 15min thats it.

[dat_steve]

jumped on the speculative weed wagon for a small-ish play

someone hold me

[subordinate]

Originally Posted by dat_steve

jumped on the speculative weed wagon for a small-ish play

someone hold me

Which one?

Twd?

[DGN23]

Originally Posted by jasonturbo

Thinking of loading up on some TSLA puts asap

Predictions?

[dat_steve]

Originally Posted by subordinate

Which one?

Twd?

MDCN

edit: got stopped 30 min after open that's enough otc for me

covered a bbry short, solid gainz

[jasonturbo]

Originally Posted by jasonturbo

Thinking of loading up on some TSLA puts asap

Sold TSLA puts this morning $$$$$

[sonick]

AAPL wow.

FB

[HonestTea]

AAPL