Dow?

[irvinehomeowner]

Man, you 1%ers that can day trade with 100s of thousands of dollars are so lucky.

I guess ps9 found something to do with his suitcase of cash rather than park it in a 0.75% savings account.

 

[qwerty]

Ughh, got caught with GILD... so how about YUM earnings today?  qwerty?  this should be your specialty

GILD down 7-8%, that sucks.  i dont track YUM that much.  are you buying any oil stocks? 

 

[ps99472]

Ughh, got caught with GILD... so how about YUM earnings today?  qwerty?  this should be your specialty

GILD down 7-8%, that sucks.  i dont track YUM that much.  are you buying any oil stocks? 

Like XOM?  Too late, I'm still learning, not familiar with oil.

 

[qwerty]

Ughh, got caught with GILD... so how about YUM earnings today?  qwerty?  this should be your specialty

GILD down 7-8%, that sucks.  i dont track YUM that much.  are you buying any oil stocks? 

Like XOM?  Too late, I'm still learning, not familiar with oil.

im only dealing with two right now, NBR which morekaos recommended and PBR which im like a crackhead with. these have a lot of volatility so they make for fun trading. the majors are much less volatile.  i do hold shares of both for long term as well.  Metals and oil are in the tank right now so seem like good longer term holds. the only other two stocks i hold right now are FCX and MT.

 

[ps99472]

So buy what you know?  Hmm, Blizzard earnings today, also Yelp.  And Standard Pacific.  Which would you pick?

 

[irvinehomeowner]

So buy what you know?  Hmm, Blizzard earnings today, also Yelp.  And Standard Pacific.  Which would you pick?

Buy and hold what you know.

For day trading, I believe the rule is pick the ones that are volatile so that you can ride the peaks and valleys. One of my friends use to day trade for a living, he no longer does so I guess he wasn't that good at it.

 

[morekaos]

A Day Trader's Advice: `Don't Quit Your Day Job'

March 28, 1999|By Kathy Bergen, Tribune Staff Writer. Tribune staff writer Patrick Cole in New York contributed to this report.

http://articles.chicagotribune.com/1999-03-28/business/9903280441_1_day-trading-day-trading-volatile-stocks

If so, Weiner has some words of advice: "Don't quit your day job . . . and don't think a course at a (day-trading) shop is going to teach your enough information to be successful."You either need to be under the wing of someone who knows what they are doing, or you need to start really, really slowly."

Makes for interesting reading

 

[ps99472]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

 

[qwerty]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Buy 10000 shares of pbr at 6.5 today Tanked 8% today on new CEO. In a couple days it will be back at  7. Easy 5k.

 

[usctrojancpa]

We are in a trading range....sell volatility on the dips near 1990/2000 and buy volatility on the rips near 2060/2070. 

 

[eyephone]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Good time to buy yelp - today

 

[ps99472]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Good time to buy yelp - today

Yes please do!

 

[morekaos]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Good time to buy yelp - today

Yes please do!

Don't think of it as work, the whole point of it is just to enjoy yourself

[url]https://www.youtube.com/watch?v=0Dy2fo6E_pI[/url]

 

[ps99472]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Good time to buy yelp - today

Yes please do!

Don't think of it as work, the whole point of it is just to enjoy yourself

[url]https://www.youtube.com/watch?v=0Dy2fo6E_pI[/url]

too much shits, not enough giggles... feels like the market is based on emotion versus data.... I'll hang around for a few more weeks, otherwise I'll leave the fun with my future self's money

 

[gaogi]

We are in a trading range....sell volatility on the dips near 1990/2000 and buy volatility on the rips near 2060/2070.

Been doing this with XIV and VXX.  So far so good!

 

[eyephone]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Good time to buy yelp - today

Yes please do!

Don't think of it as work, the whole point of it is just to enjoy yourself

[url]https://www.youtube.com/watch?v=0Dy2fo6E_pI[/url]

too much shits, not enough giggles... feels like the market is based on emotion versus data.... I'll hang around for a few more weeks, otherwise I'll leave the fun with my future self's money

Try not to buy before earnings. A company can beat the analyst estimates, but the company's forecast can sink the stock. It all depends.

 

[qwerty]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Buy 10000 shares of pbr at 6.5 today Tanked 8% today on new CEO. In a couple days it will be back at  7. Easy 5k.

PS9 - did you buy PBR? you could have made an easy 2K in one day. PBR at 6.72 right now.

 

[ps99472]

zero sum game, got big on Amazon, deflated with GILD, now stepped on by YELP.  I'm out, back to 1% savings plan

Buy 10000 shares of pbr at 6.5 today Tanked 8% today on new CEO. In a couple days it will be back at  7. Easy 5k.

PS9 - did you buy PBR? you could have made an easy 2K in one day. PBR at 6.72 right now.

ps9 daytrade activity is officially suspended

 

[morekaos]

Required reading in all brokerage house training programs when I got licensed in the 80's....it still holds up today for anyone who wants to trade for a living.

 

[ps99472]

At qwerty, did you get out?  PBR lower this am.