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10-10-2008, 03:22 PM
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#1226 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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^ you going to Armin? a bunch of my friends are going.. wish I could come.
What online broker are u trading with?
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10-10-2008, 04:01 PM
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#1227 | | Willing to sell body for a few minutes on RS
Join Date: Feb 2002 Location: Richmond
Posts: 11,187
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| Quote:
Originally Posted by Ulic Qel-Droma  everything got battered.
well a little light at the end of the day then it went back down hahaha...
i got FUCKING KILLED today.
bad trades after bad trades.
i should be positive and be happy im still up. but fuck. losing everything u made this week in one day, is fucking frustrating.
its okay... armin van buuren will cure my battle wounds with his soothing trance tonight.
FUCK. | Got too greedy dude, should've backed out of trading for today since it was so unpredictable
__________________ Quote: Originally posted by Girl
^ Yes it's sad when you stare at the shape of my penis through my overly skin tight jeans and not help but feel like a shameful little boy compared to me. | | |
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10-10-2008, 08:17 PM
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#1228 | | 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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no it was too predictable, everything on the 5minute chart was down down.
yes i shorted, but after super sharp drops, i usually put a close stop and a rally back to the 20 or 40 day average line occurs.
of course this is ultra dangerous cuz you're totally trading against the trend.
i took that risk, once too many times. if i just stuck with the shorts... i would be up a lot.
too many fake outs, it goes a little up then stopped me out only to piss me off and actually rally back up after a few bars, but of course i was too emotional to enter again.
ah whatever. i learnt the hard way, i played against the trend too much and it fucking bit me in the ass today.
the trend is your friend!
yeah, sometimes i get too caught up and make newb mistakes still, its okay im a newb.
gotta wait for bars to close to confirm, and sometimes my stops are way too far, the risk is way too huge to be worth it.
also i get out way too early. sometimes on the first sign of weakness i exit right away, even if its with the trend. stupid me, i always miss out on GIANT money cuz of that. i gotta learn to lower my stops to reasonable areas, OR exit and learn to reenter.
bah. its okay, next week is a new game.
if i have time ill post charts up, fucking retarded, today was bad. ugh.
redliine: yeah im going to armin. i trade with rosenthalcollinsgroup.com
does anyone else day trade here? or are you all position traders?
i can't fucking hold on to a position overnight, i'll be fucking glued to the screen, don't have that kinda discipline to go to bed knowing i could be losing money as i sleep. plus on a margin account, the risk is way too fucking huge on the daily charts for a newb like me.
Last edited by Ulic Qel-Droma; 10-10-2008 at 08:40 PM.
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10-10-2008, 09:23 PM
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#1229 | | WOAH! i think Vtec just kicked in!
Join Date: Oct 2005 Location: Vancouver
Posts: 1,650
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well idk some ppl is saying the stock might still bottom out next week, but some ppl is saying 8000 is the support line and it won't go any lower. Hank Paulson said US Gov are buying bank shares, but that's not happening until the end of the months right?
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10-10-2008, 10:12 PM
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#1230 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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| Quote:
Originally Posted by Ulic Qel-Droma no it was too predictable, everything on the 5minute chart was down down.
yes i shorted, but after super sharp drops, i usually put a close stop and a rally back to the 20 or 40 day average line occurs.
of course this is ultra dangerous cuz you're totally trading against the trend.
i took that risk, once too many times. if i just stuck with the shorts... i would be up a lot.
too many fake outs, it goes a little up then stopped me out only to piss me off and actually rally back up after a few bars, but of course i was too emotional to enter again.
ah whatever. i learnt the hard way, i played against the trend too much and it fucking bit me in the ass today.
the trend is your friend!
yeah, sometimes i get too caught up and make newb mistakes still, its okay im a newb.
gotta wait for bars to close to confirm, and sometimes my stops are way too far, the risk is way too huge to be worth it.
also i get out way too early. sometimes on the first sign of weakness i exit right away, even if its with the trend. stupid me, i always miss out on GIANT money cuz of that. i gotta learn to lower my stops to reasonable areas, OR exit and learn to reenter.
bah. its okay, next week is a new game.
if i have time ill post charts up, fucking retarded, today was bad. ugh.
redliine: yeah im going to armin. i trade with rosenthalcollinsgroup.com
does anyone else day trade here? or are you all position traders?
i can't fucking hold on to a position overnight, i'll be fucking glued to the screen, don't have that kinda discipline to go to bed knowing i could be losing money as i sleep. plus on a margin account, the risk is way too fucking huge on the daily charts for a newb like me. | the feeling of "getting out too early" is every trader's ultimate demon.
Let it go and dont double up on the next trading day.
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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10-11-2008, 04:36 AM
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#1231 | | 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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yeah don't chase your losses. that's a big one. it gets you really emotional. and VERY greedy.
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10-13-2008, 09:28 AM
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#1232 | | RS.net, helping ugly ppl have sex since 2001
Join Date: Mar 2002 Location: Lollipop Lane
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morgan stanley is up 60+% i should have bought more than 3 shares 
__________________
Its Klobbering Time!
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10-13-2008, 11:55 AM
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#1233 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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| Quote:
Originally Posted by Ulic Qel-Droma
redliine: yeah im going to armin. i trade with rosenthalcollinsgroup.com
| Cool. I checked out their site.. what trading platform are you using from them?
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10-13-2008, 01:11 PM
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#1234 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
Posts: 5,146
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49v
48mcd
:d:d
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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10-13-2008, 04:40 PM
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#1235 | | 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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| Quote:
Originally Posted by redliine Cool. I checked out their site.. what trading platform are you using from them? | i used to use RCGRAN (peice of shit), i only used that so the brokers who have a master program can fix me up if i fuck up and keep track of what im doing.
but now i use onyx2, which is ... 1000 billion times better.
i love onyx.
but as for charts, i use e-signal's futuresource.
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10-13-2008, 05:38 PM
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#1236 | | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
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Nice 11% gain on DOW and rest of 'em today... temporary relief or longterm rebound?
Anyone look at ultrashort bear ETF's? DOG on NYSE is doing quite well last 2 weeks
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10-13-2008, 08:42 PM
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#1237 | | Where's my RS Christmas Lobster?!
Join Date: Apr 2006 Location: Richmond
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Originally Posted by Rev Nice 11% gain on DOW and rest of 'em today... temporary relief or longterm rebound?
Anyone look at ultrashort bear ETF's? DOG on NYSE is doing quite well last 2 weeks | I bought MA today at $159 and sold my position at $174.
I think this is a bear-market rally, and don't think it will last.
I am *predicting* we will have a gap up opening, but eventually sell off at the end of the day.
Intel will be reporting tomorrow closing and JPM & Wells Fargo will be reporting Wednesday early morning! I am staying out and watch the show.
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10-14-2008, 01:42 AM
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#1238 | | I came, I saw, I conquered.
Join Date: Mar 2005 Location: Vancouver
Posts: 1,881
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Damn...Morgan Stanley up 86.98%
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10-14-2008, 11:15 AM
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#1239 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
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wow.!!!!! cow
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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10-16-2008, 04:21 PM
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#1240 | | Unauthourized Spammer
Join Date: Jun 2005 Location: .
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Covered my short position on my POT position of 800 shares since Tuesday.
A bunch of friends have been trading using the MACD this last month and keep getting whipsawed due to tight stops only to find their trade reverse again $5 their direction.
Needless to say, they're super pissed.
I've really slowed down my trading this last while making only a few trades a week.
If you're used to trading any type of support and resistance, you really need to change your game plan during times like this.
To all of you breaking even. Consider yourself lucky. I know some pros that are getting very shaky. It creates emotion and then the carnage starts this negative feedback loop.
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10-16-2008, 07:16 PM
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#1241 | | 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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| Quote:
Originally Posted by Chuck Norris Covered my short position on my POT position of 800 shares since Tuesday.
A bunch of friends have been trading using the MACD this last month and keep getting whipsawed due to tight stops only to find their trade reverse again $5 their direction.
If you're used to trading any type of support and resistance, you really need to change your game plan during times like this.
To all of you breaking even. Consider yourself lucky. I know some pros that are getting very shaky. It creates emotion and then the carnage starts this negative feedback loop. | i have MACD on, but just as an indicator, nothing serious, and i don't 110% read it properly anyways, just as long as i can see the lines not crossing yet hah.
yeah, you totally get whipped around but it really depends, what time scale are you looking at?
I use support/resistance a lot on the 5minute chart. so far it's worked out pretty good, but i heavily integrate candle stick formations/patterns in, as well as slow stochastic (exponential, 14, 3, 3) and exponential moving averages 20 and 40 day. and like i said MACD, but i look at that least/last.
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10-16-2008, 08:35 PM
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#1242 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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All this technical analysis lingo is giving me a hard-on.
edit: lol
Last edited by bossxx; 10-16-2008 at 08:36 PM.
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10-16-2008, 08:44 PM
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#1243 | | I keep RS good
Join Date: May 2001 Location: Cosmos
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honey, i see your solid green bar, and i'm wet from the second leg, come here and reverse my position baby, there's no resistance!
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10-16-2008, 08:55 PM
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#1244 | | I answer every Emotion with an emoticon
Join Date: May 2002 Location: pc
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bahahaha
My green stick just broke out of a downtrend and is now channeling up to a 52 week high.
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10-16-2008, 09:31 PM
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#1245 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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lol
Chart porn, who would have thought
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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10-17-2008, 12:55 PM
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#1246 | | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
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| http://mining101.blogspot.com/2008/1...us-stocks.html
Saw it on a mining blog I check once in awhile and confirmed it on MSNBC www.msnbc.msn.com/id/27235731/ Quote:
Warren Buffett: Time to buy U.S. stocks
‘Be greedy when others are fearful,’ investor writes in article
Video
Buffett: Time to buy U.S. stocks
Oct. 17: Warren Buffett said Friday that now’s the right time to buy U.S. stocks. Is he right? A panel of experts on CNBC tackles the question.
updated 21 minutes ago
NEW YORK - Warren Buffett has been moving his personal investments from safe Treasuries into U.S. stocks, according to an opinion piece he wrote in Friday’s New York Times.
“If prices keep looking attractive, my non-Berkshire net worth will soon be 100 percent in United States equities,” the legendary investor wrote.
The piece, titled “Buy American. I am,” reiterated one of the legendary investor’s favorite maxims: Be fearful when others are greedy; be greedy when others are fearful.
Story continues below ↓advertisement
“Most certainly, fear is now widespread, gripping even seasoned investors,” he added.
“To be sure, investors are right to be wary of highly leveraged entities or businesses in weak competitive positions,” Buffett said. “But fears regarding the long-term prosperity of the nation’s many sound companies make no sense. These businesses will indeed suffer earnings hiccups, as they always have. But most major companies will be setting new profit records 5, 10 and 20 years from now.”
Since stocks began to tumble in September, Buffett, and his investment company, Berkshire Hathaway Inc., have made large bets on U.S. companies, exacting rich dividend payments in the process.
Berkshire Hathaway agreed on Oct. 1 to invest $3 billion in General Electric Co.’s preferred shares, which carry a hefty 10-percent dividend. In late September, Berkshire Hathaway also bought $5 billion in preferred shares of Goldman Sachs Group Inc., which also pay a 10 percent dividend. He also bought warrants to purchase another $5 billion common shares at about $115 each.
“Let me be clear on one point: I can’t predict the short-term movements of the stock market,” he wrote. “I haven’t the faintest idea as to whether stocks will be higher or lower a month — or a year — from now. What is likely, however, is that the market will move higher, perhaps substantially so, well before either sentiment or the economy turns up. So if you wait for the robins, spring will be over.”
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10-17-2008, 02:02 PM
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#1247 | | OMGWTFBBQ is a common word I say everyday
Join Date: Nov 2005 Location: Vancouver
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^
I have 75% position right now, with 3-6 month horizon at the moment instead of my usual 3 day
the market is bad enough, time to get in before everybody else
__________________ Quote:
Originally Posted by Fei-Ji haha i can taste the cum in my mouth | There is a time when you have to sig a post.
It just happened.
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10-17-2008, 04:29 PM
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#1248 | | RS.net, where our google ads make absolutely no sense!
Join Date: Apr 2001 Location: Vancity
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If you're long on the market already might be good time to pick up some ultrashort bear ETF's as a hedge... if u've been on the sidelines, pick up quality co's like KO, GE, BAC (questionable but huge infrastructure...) and short ETF
DOG on NYSE is up whenever DOW is down
SH for S&P500
Who thinks DOW will go down lower next week?
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10-21-2008, 04:24 PM
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#1249 | | I keep RS good
Join Date: May 2001 Location: Cosmos
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son of a... fuck.
at 1207 noon today i was watching the emini sp500.
nice big ass green then red bar (i call it the raver glow sticks formation), so the current bar is a small green, perhaps i can sell it at a higher price put in a stop above the raver sticks and catch a big windfall.
but wait, i have to take a huge ass shit, my stomach is grumbling, it feels like an air bubble is trying to work its way UP my intestines and perhaps even rip through it and makes its way into my bloodstream. i know i can temporarily release some pain by letting a quiet one out, but ... no i can't take the chance, it could turn messy.
i put in my stop and a sell limit at 98000.
watch it for a few seconds. *aw fuck it* i think, i cancel all orders and run to take a shit.
im a retard. im such a retard. of course by the time i come back its way the fuck down at 96550, and it did come back and touch 98000, but i probably wouldnt of gotten that price.
of course it continues to drop like mad and makes new lows at 94900
next investment: a small kiddy portapotty on my office seat.
btw, who was that chick that was at the closing bell, for ... i forgot if it was NYSE or NASDAQ. was that natalie portman? whoever it was, fuckin hot.
Last edited by Ulic Qel-Droma; 10-21-2008 at 04:28 PM.
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10-21-2008, 05:17 PM
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#1250 | | Ubereem Mod
Join Date: Mar 2002 Location: Richmond
Posts: 3,070
Thanked 120 Times in 63 Posts
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Originally Posted by Ulic Qel-Droma son of a... fuck.
at 1207 noon today i was watching the emini sp500.
nice big ass green then red bar (i call it the raver glow sticks formation), so the current bar is a small green, perhaps i can sell it at a higher price put in a stop above the raver sticks and catch a big windfall.
but wait, i have to take a huge ass shit, my stomach is grumbling, it feels like an air bubble is trying to work its way UP my intestines and perhaps even rip through it and makes its way into my bloodstream. i know i can temporarily release some pain by letting a quiet one out, but ... no i can't take the chance, it could turn messy.
i put in my stop and a sell limit at 98000.
watch it for a few seconds. *aw fuck it* i think, i cancel all orders and run to take a shit.
im a retard. im such a retard. of course by the time i come back its way the fuck down at 96550, and it did come back and touch 98000, but i probably wouldnt of gotten that price.
of course it continues to drop like mad and makes new lows at 94900
next investment: a small kiddy portapotty on my office seat.
btw, who was that chick that was at the closing bell, for ... i forgot if it was NYSE or NASDAQ. was that natalie portman? whoever it was, fuckin hot. | EPIC
10 char
__________________ Quote:
Originally Posted by Culture_Vulture sometimes I like to use kindergarten art class scissors to cut my pubes | | |
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