Home | Community | Message Board

World Seed Supply
This site includes paid links. Please support our sponsors.


Welcome to the Shroomery Message Board! You are experiencing a small sample of what the site has to offer. Please login or register to post messages and view our exclusive members-only content. You'll gain access to additional forums, file attachments, board customizations, encrypted private messages, and much more!

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   Kraken Kratom Red Vein Kratom   Bridgetown Botanicals Bridgetown Botanicals

Jump to first unread post Pages: < First | < Back | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | Next > | Last >
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 12 minutes, 47 seconds
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26637406 - 04/29/20 06:35 PM (3 years, 8 months ago)

Definitely lost a bit of scratch on those spreads... fortunately by the nature of them being spreads, the damage isn't terrible as they are inherently hedged, but it still stings.  Closed out my CCL calls at the close, and while I am not one to begrudge a profit, of course I see the stock up another 10% after hours which also rubs just a little raw.  Trading is very difficult, no bones about it.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #26637766 - 04/29/20 09:59 PM (3 years, 8 months ago)

I can certainly relate to money left on the table. In fact I am becoming convinced that getting past one's own psyche is probably hardest part of trading. One missed opportunity, suddenly youre reaching to compensate, next thing you know 3-4 mistakes have compounded. Though maybe you are past that as a trader Geo..


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 12 minutes, 47 seconds
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH] * 2
    #26639011 - 04/30/20 01:20 PM (3 years, 8 months ago)

Usually I have my stops in place and my plan well set with regard to managing my risk by shutting down a trade if my original thesis isn't playing out in the time frame I have intended.  Generally speaking, your first loss in your best loss.  So if your trade isn't working the way you had anticipated, take that as a sign that it's time to exit, even if that means booking the loss.  It's a far better alternative to attempting to "give the trade a little longer to work" or (in most cases) averaging down.

If you chose a proper low risk entry, you know when to shut down the trade because you bought close to support, and it should be a relatively minor loss.  If you weren't patient enough to choose a proper entry and you end up averaging down by buying more, you had better be sure that was part of your original plan and that you kept your first purchase small enough to allow for that option... because otherwise you're risking turning a loser into an even bigger loser.

While I have gotten better, I am certainly not immune to trading emotionally or out of boredom, and those tend to be the worst trades I make.  One thing I am pretty good at now, is when I end up having a really bad trade, the type that I know I shouldn't have taken and the type I quite literally end up paying for, I know well enough to take a step back from my desk and make sure I don't trade for a few days or even weeks.  The temptation to trade more aggressively to "make it back" is one of the most dangerous behaviors a trader can embody, and it's probably something every active trader has to tackle (and ultimately be humbled by) more often than they'd like to admit.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 12 minutes, 47 seconds
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #26640893 - 05/01/20 09:44 AM (3 years, 8 months ago)

The market so often seems designed to enforce maximum frustration upon its participants.  Two days after I closed out my bear call spreads, the market gaps down, both days.  And my position in LUV, melting down in tandem, has now been exited at a loss.  I am completely flat now, with no real conviction on trend here, although expecting downside continuation.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #26641630 - 05/01/20 03:57 PM (3 years, 8 months ago)

I hear you Geo, was up late last night and read news about global markets declining. All after hours were showing red, so I up market sell orders for everything and got out in the morning at a small loss. The silver lining here is that things seem to be taking a downward turn, which could provide some better opportunities to enter than of late. Ive actually been waiting for another wave and actually hope this is just the swell.

I dont know what the markets will do next week with the Fed seemingly having relatively good control over volatility, but most market news for the month of May seems to be ominous.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
InvisibleautomanM
blasted chipmunk
 User Gallery

Registered: 09/18/03
Posts: 8,272
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26647963 - 05/04/20 10:09 AM (3 years, 8 months ago)

What do yall think about UAL? They don't have the extreme debt that AAL has and people will eventually start flying again.


--------------------
No, no, you're not thinking, you're just being logical. ~ Niels Bohr


Extras: Filter Print Post Top
OfflinegeokillsA
∙∙∙∙☼ º¿° ☼∙∙∙∙
Male User Gallery

Registered: 05/08/01
Posts: 23,417
Loc: city of angels Flag
Last seen: 12 minutes, 47 seconds
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: automan]
    #26648598 - 05/04/20 03:52 PM (3 years, 8 months ago)

Airlines are interesting but there's still so much uncertainty that I'm just not a big fan having a lot of market exposure at this level.  We already moved so far off of the low in the aggregate market, that I think we are due to give some of that back.  If that happens, it wouldn't surprise me to see UAL fall below $20.  Even Warren Buffet reneged on his commitment to the airlines.


--------------------

--------------------
··∙   long live the shroomery  ∙··
...π╥ ╥π...


Extras: Filter Print Post Top
InvisibleautomanM
blasted chipmunk
 User Gallery

Registered: 09/18/03
Posts: 8,272
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #26648776 - 05/04/20 05:50 PM (3 years, 8 months ago)

I picked up some UAL early this morning for $23.60. Hopefully it pans out.

I lucked out on my oil ETFs. Barclays shut one down completely and paid out at a rate that put me in the positive. The other, I got out of and took a tiny loss (less than 10 cents a share.)


--------------------
No, no, you're not thinking, you're just being logical. ~ Niels Bohr


Extras: Filter Print Post Top
OfflineBrian Jones
Club 27
Male User Gallery


Registered: 12/18/12
Posts: 12,340
Loc: attending Snake Church
Last seen: 4 hours, 28 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
    #26650532 - 05/05/20 11:56 AM (3 years, 8 months ago)

I would be very cautious about any business model that is based on putting people in close proximity, and I think this will be the case for a long time.


--------------------
"The Rolling Stones will break up over Brian Jones' dead body"    John Lennon

I don't want no commies in my car. No Christians either.

The worst thing about corruption is that it works so well,


Extras: Filter Print Post Top
InvisibleAroundtheSon
Learning to See
Male User Gallery


Registered: 01/11/07
Posts: 4,427
Loc: Midwest.
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: automan]
    #26651245 - 05/05/20 04:58 PM (3 years, 8 months ago)

Quote:

automan said:
What do yall think about UAL? They don't have the extreme debt that AAL has and people will eventually start flying again.




That's going to be 'no' for me dawg.
I thought about getting some exposure there, but models seems to predict a second coming of Covid. Maybe a good long term play if your in it for 5 years, but I'm not parking any new money there right now (beyond what is exposed via index funds).

for what it's worth, i was looking at UAL, when I had considered investing in air.


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Brian Jones]
    #26651247 - 05/05/20 04:59 PM (3 years, 8 months ago)

So I just started positioning myself long in the markets. I am about 50% in and am deciding where to put the rest. Have missed a lot of the upswing holding out the past month but there are still values that I am finding - companies that even though they might have a long road ahead, are at little risk of going belly up.

Now that I have done this there is a chance that things will turn red, as seems to be the logical outcome :smile:, however I ignored my gut to stay in the markets a month ago, and now my gut is saying I should get in. Not relying on technicals because I have no expertise there, just what I think Trump will do to make things as sparkly as possible heading into the election.

Positions:

BA
LUV
SYY
RHHBY

Future Targets if the entry looks right:

MGM
LVS
AAPL
MSFT
QCOM
CCL
TSLA - This will be my 2020 contribution should markets take a dive and this stock nears the $400 range, think I missed that boat though.

Also, Draftkings is now a tradeable asset under DKNG. I dont like its current price at $19-22 and had some buys at $14. I dont know if it will dip there, probably only if the entire market tanks, which obviously I am betting against. So goes it, but I would have been interested in this at a discount. Online gambling will soon be available in all 50 states, and while it will likely be william hill or some big name who is ahead in the infrastructure that benefits from ubiquitous legalized gambling, DKNG could be a play also.. I have also been burned by hot topic stocks in the past and am a little wary.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
InvisibleAroundtheSon
Learning to See
Male User Gallery


Registered: 01/11/07
Posts: 4,427
Loc: Midwest.
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26651262 - 05/05/20 05:05 PM (3 years, 8 months ago)

You clearly like to gamble. When you say Long-term, what kind of timeline are you projecting?


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: AroundtheSon]
    #26651698 - 05/05/20 08:57 PM (3 years, 8 months ago)

This is a retirement account, so 15-20 years assuming I dont do something stupid. If the stocks rebound in 4-5 years time even I suppose I will have made enough return to justify sitting tight on it. All I know is the odds of me getting things right by continuously shifting my assets around are a lot lower than if I just sit and stop watching the pot get to a boil. It might get worse before it gets better but at least Im not fucking around with it making even more mistakes.

My thought is that an average fund at 7-13% annual return compounded is outweighed by stocks like these that will likely lay flat until they suddenly arent, then are back at 200% their current price. You're right though, its way more on the side of gambling than sound investment strategy - my only justification is I am a late player and need the boost. A person my age should have roughly $125k in his/her retirement portfolio. I have 20k.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
InvisibleAroundtheSon
Learning to See
Male User Gallery


Registered: 01/11/07
Posts: 4,427
Loc: Midwest.
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26652487 - 05/06/20 08:37 AM (3 years, 8 months ago)

15 - 20 years. Sure. - put your money on the table.

I just expect headwinds in the next year or two.

but your timeline seems sufficient - put your money to work - if you have a pretty reasonable amount of savings 6-12 months. I like 12 months.


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: AroundtheSon]
    #26668568 - 05/13/20 12:41 PM (3 years, 8 months ago)

put in the other 50% of my available cash into the market today. am pretty much fully exposed at this point. Things took an attractive downside turn today so hopefully it was a bottom and the Feds will help prop it back up.


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26679001 - 05/18/20 01:26 PM (3 years, 8 months ago)

does anyone here ever mess around with ex-dividend capturing. Such as positioning in a stock a weeks or even months in advance of the divdend date, then selling off afterwards?

I would figure its not as easy as it sounds, but am wondering if it is a viable strategy for a trader who is doing his/her homework


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
InvisibleAroundtheSon
Learning to See
Male User Gallery


Registered: 01/11/07
Posts: 4,427
Loc: Midwest.
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
    #26680493 - 05/19/20 06:58 AM (3 years, 8 months ago)

I suspect when I was younger I CONSIDERED those dates, but didn't really buy anything I planned to hold. I think the dividend comes out of the stock price, no? Maybe I am wrong about that. You can make more money just buying good stocks set to run.

For instance, ATT - they pay a decent dividend and have for a long time...but they also have valuable technology. You feel me?


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: AroundtheSon]
    #26681185 - 05/19/20 01:36 PM (3 years, 8 months ago)

word, and that is what I have read as well, that the strategy basically loses to buying and holding strong companies. Yes I am also pretty sure that the stock adjusts to dividend capture dates, so you cant just sell after the snapshot - unless the price were to rise with time afterward I suppose...

I tried it with WFC not too long ago but dont even know if it was profitable


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
InvisibleautomanM
blasted chipmunk
 User Gallery

Registered: 09/18/03
Posts: 8,272
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: automan]
    #26685600 - 05/21/20 12:19 PM (3 years, 8 months ago)

Quote:

automan said:
I picked up some UAL early this morning for $23.60. Hopefully it pans out.





Looks like my limit sell order at $26.25 from 2 weeks ago executed this morning! I don't know what to do with the cash now. Any ideas?


--------------------
No, no, you're not thinking, you're just being logical. ~ Niels Bohr


Extras: Filter Print Post Top
OfflineManianFHS
living in perverty
 User Gallery


Registered: 07/06/04
Posts: 14,741
Last seen: 15 hours, 19 minutes
Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: automan]
    #26686058 - 05/21/20 04:28 PM (3 years, 8 months ago)

nice bottle of bourbon!! youve earned it sir


--------------------
notapillow said: "you are going about this endeavor all wrong. clear your mind of useless fear and concern. buy the ticket, take the ride, and all that.... "

ChrisWho said: "It's all about the journey, not the destination."


Extras: Filter Print Post Top
Jump to top Pages: < First | < Back | 138 | 139 | 140 | 141 | 142 | 143 | 144 | 145 | 146 | 147 | 148 | 149 | 150 | 151 | 152 | 153 | 154 | 155 | 156 | 157 | 158 | Next > | Last >

Shop: Unfolding Nature Unfolding Nature: Being in the Implicate Order   Kraken Kratom Red Vein Kratom   Bridgetown Botanicals Bridgetown Botanicals


Similar ThreadsPosterViewsRepliesLast post
* Cryptocurrency: A Discussion on Bitcoin, Ethereum and Related Projects
( 1 2 3 4 ... 500 501 )
geokillsA 250,326 10,002 01/27/24 05:04 PM
by geokills
* Does this look legit? The24HourMC 1,559 1 03/01/10 02:43 PM
by geokills
* Helium Network [US]: Low Cost Mobile Service with ROI for Providing Distributed Connectivity geokillsA 190 0 01/21/24 10:48 AM
by geokills
* Pretty good interest on my savings, but best strat? skOsH 184 4 01/21/24 03:40 PM
by Bungmurphy

Extra information
You cannot start new topics / You cannot reply to topics
HTML is disabled / BBCode is enabled
Moderator: geokills, automan
296,580 topic views. 1 members, 2 guests and 2 web crawlers are browsing this forum.
[ Show Images Only | Sort by Score | Print Topic ]
Search this thread:

Copyright 1997-2024 Mind Media. Some rights reserved.

Generated in 0.025 seconds spending 0.006 seconds on 13 queries.