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pslyke
fantasmagoric



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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27125902 - 01/04/21 11:18 AM (3 years, 24 days ago) |
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Quote:
Enkidu said: Bought my first stock ever today...
3 stocks split from $100
What did you pick up?
-------------------- "What appears impenetrable to us does exist, manifesting itself in the deepest wisdom and the most radiant beauty" Einstein "The conservatives of 70 years ago would be outraged at what has come to pass. It embodies everything they took up arms for to defeat"Asante
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: pslyke]
#27126085 - 01/04/21 12:33 PM (3 years, 24 days ago) |
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Gold
WPM GOLD NEM
Just starting to lay investing foundations
-------------------- Within You , Without You
      
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InnerWisdom


Registered: 08/09/19
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27126360 - 01/04/21 02:57 PM (3 years, 24 days ago) |
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Im sure glad I invested highly in TRXC. +87% today wtf.
Also other medical tech like BioNano Genomics and Jaguar Health go over 100% today.
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: InnerWisdom]
#27126362 - 01/04/21 02:59 PM (3 years, 24 days ago) |
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Ive heard the marker is an inflated bubble right now.
Anyone hear anything like that?
Im kinda tempted to be very conservstive with my investments with everything going on
All $100 of it !
-------------------- Within You , Without You
      
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27126368 - 01/04/21 03:01 PM (3 years, 24 days ago) |
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At the same time i am tempted to have soke funds devoted to some up and coming tech type shit.
-------------------- Within You , Without You
      
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The OCB
Stranger

Registered: 10/14/20
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: InnerWisdom]
#27127165 - 01/04/21 09:51 PM (3 years, 24 days ago) |
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Quote:
InnerWisdom said: Im sure glad I invested highly in TRXC. +87% today wtf. .
Oh man, def saw that climb multiple times and keep going today. Consider me Jelly. Hope you had more than $25 in there lol.
Edit: Know anything about them? I've been watching the ticker and i don't even recall why I'm watching it. Robotic Skype Surgery eh?
Edited by The OCB (01/04/21 09:53 PM)
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InnerWisdom


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: The OCB]
#27127364 - 01/05/21 02:11 AM (3 years, 23 days ago) |
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Yeah it's my biggest position. I got the tip from a popular investor on etoro. I haven't really looked deep into the company but seems solid and like a promising company to grow.
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: InnerWisdom]
#27127539 - 01/05/21 05:13 AM (3 years, 23 days ago) |
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Coins may be on the move again Right now
-------------------- Within You , Without You
      
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27127860 - 01/05/21 09:59 AM (3 years, 23 days ago) |
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I recognize there will be some crossover, but let's make an effort to keep the "coins" talk relegated to the crypto thread. 
On stocks today, the market is firming up after yesterday's relatively deep selloff, but we aren't out of the woods. The S&P is banging its head against its 8 day EMA from the underside, which isn't ideal and warrants a tighter leash on all positions, and a less aggressive stance generally. On the other hand, we are still moving sideways to up on the major averages, so although yesterday will create some overhead resistance, the primary trends are not broken.
AAPL and Z are both bouncing off of their 20 day moving averages after 4-5 day pullbacks. I took positions in both this morning, with stops below the morning's low print. Z is the stronger of the two, as it is above its 8 day EMA whereas AAPL was rejected at that level. The morning low is a non-negotiable hard stop on the full position. Strength in the coming days will have me ratcheting up the sell stop.
NIO pulled back this morning but is holding firm, not unusual after the monster move it's had over the past four sessions. I sold half of my position into strength yesterday (always a good move on big up days), and was tempted to add back to it this morning, but with the overall market flashing caution signals, I'm just going to let the remainder ride, and even tighten up my stop on it to this morning's low.
Took a position in MTDR, an energy sector name that had been squeezing and is breaking out this morning. Trading via options, already up 30%, stop below the opening print. This one looks really nice, and the sector generally looks like it is experiencing early cycle rotation.
For stocks I'm no longer in (but wish I were )... FCX continues to move out of its squeeze. Very nice move there as well, although I sold out on the initial pop and never got back in. Gold generally doesn't move enough to grab my attention, but if you do want to play it, I would do so via the mining stocks. TSLA deserves an honorable mention for hugging that upper bollinger band. ENPH also showing a nice high volume bounce off of its 8 day EMA.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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ManianFH
living in perverty



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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27127963 - 01/05/21 11:06 AM (3 years, 23 days ago) |
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I took everything down yesterday during the sell off, it was the plan anyways as I am still cautious with the upcoming runoff elections, and assuming we will have a Democrat majority senate. I am comfortable leaving money on the side right now, for the next week or so, unless news is different.
With stimulus checks going out potentially having the opposite impact that I am anticipating, it could prove to be bad bad timing, but I will try and stay disciplined to my plan 
Thank you for your update Geo. Gold has looked interesting to me as well.
-------------------- 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."
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geokills
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
#27127993 - 01/05/21 11:25 AM (3 years, 23 days ago) |
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Keep an eye on cannabis. Added a bit to TLRY this morning, pushing to the top of its range. Weekly chart looks about ready to breakout.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27128016 - 01/05/21 11:37 AM (3 years, 23 days ago) |
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That was an accident i meant to post in the crypto thread 
Also a pleasure reading your update Geo.
Im glad you share things like that
-------------------- Within You , Without You
      
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The OCB
Stranger

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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: Enkidu]
#27128310 - 01/05/21 01:39 PM (3 years, 23 days ago) |
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Damn Geo I wonder what you do for a living(jk)...Thank you dude.
I dunno where Cannabis is going to go, but I said fuck it and threw whats left in the account into MSOS. Cannabis has been treating me real well, but I really don't want to be a bag holder if this party goes the other way.
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Enkidu
"No-Such-Person"


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: The OCB]
#27129673 - 01/06/21 04:37 AM (3 years, 22 days ago) |
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Trusted friend told me AMD
Think it will drop a bit here shortly for a good entry?
Going off that i saw a new stock ACEV trying to enter that same sector
-------------------- Within You , Without You
      
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: The OCB]
#27129881 - 01/06/21 08:38 AM (3 years, 22 days ago) |
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Quote:
The OCB said: Damn Geo I wonder what you do for a living(jk)...Thank you dude.
As I've noted in the past, I journal my trades in large part to keep myself honest and to be able to review what has worked and what hasn't worked, thereby honing my strategy and discipline in the process. I highly encourage anyone with an interest in trading, to journal their trades as well. It should help you learn and improve more quickly than simply slinging stocks or options around without deeper review and consideration.
In fact, trading is not my lifeblood. The bulk of my earnings come from income property (managing personally owned rentals). Trading is a vehicle I use to juice those more reliable returns. Frankly, attempting to make a living trading is a very stressful proposition. When the markets are strong, you'll feel great. But you have to understand that some market environments are exceedingly difficult to make money in. During those times (if you're smart), you trade less and lower your expectations. If however you are counting on trading income to support your basic needs, that can make it difficult to respect the importance of changing your approach and expectations when the market dynamics change.
In other words... don't quit your day job to day trade! 
On that note, most of the trades I outlined yesterday are going very well. I woke up a bit later than usual and missed the opening bell. This resulted in me being stopped out of most of my AAPL position, as it broke yesterday's low. Now if I had been awake before the opening print, I probably would have noticed that it was going to gap down, and would have removed my sell stop in order to evaluate how the stock acted on the open. Typically, high quality names with positive trends (like AAPL) will immediately be bought on a gap down. AAPL wasn't immediately bought, but it didn't violate Monday's high volume climax low, which is where my stop should have been placed. Anywho, I lost a bit of scratch on that one but reloaded the position (half-size) because of the fact that the stock has done nothing but move higher after that first five minute washout.
The other names I'm in, MTDR, ACB, TLRY, NIO, PLCE, AVTR, and Z are all doing well this morning.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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CHeifM4sterDiezL
Chief Globerts


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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27129887 - 01/06/21 08:43 AM (3 years, 22 days ago) |
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Oil up today
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geokills
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: CHeifM4sterDiezL]
#27130076 - 01/06/21 10:51 AM (3 years, 22 days ago) |
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Taking half of my MTDR calls off the table, +100% in two days, can't be unhappy about that. These are January $12.50's, so not a lot of time to expiration, otherwise I would probably let the full position ride, as the stock isn't really showing any signs of slowing down.
Sold my Z and AAPL positions. They clawed back their morning losses but just aren't showing much follow through. As they both have resistance overhead, I will wait until they start printing a higher daily highs before expecting much more.
Quote:
geokills said yesterday: Keep an eye on cannabis. Added a bit to TLRY this morning, pushing to the top of its range. Weekly chart looks about ready to breakout.
TLRY presently up +22% on the day, with my Feb $9 calls +90%, which I will continue to ride. This was a very nice setup, pushed along by the expectations of democrats taking the Georgia senate seats. If that does happen, I would expect continued upside. If we move above the last earning's high just over $12.15, I could see this one racing toward $20 rather quickly.
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-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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ManianFH
living in perverty



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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27130829 - 01/06/21 03:43 PM (3 years, 22 days ago) |
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Thank you for that cannabis shoutout Geo - I didnt even put it together until you mentioned it in this thread yesterday. I put out a few cannabis positions and sure enough the blue wave takeover sent them all the right way 
I wanted to position into some green energy sectors as well but ran out of time today stuck in work meetings ah well 
Current positions:
NIO small amount of shares @ $53.80 CGC ACB TLRY
Am going to evaluate a few entry spots tonight for previously owned stocks that have gone sideways lately, mainly AMZN, AAPL, PYPL. Im not sure what a blue wave does for big businesses, but in reference to an earlier post of yours, the status quo is no longer, and this might provide some opportunity to get long on a few of them.
-------------------- 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."
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geokills
∙∙∙∙☼ º¿° ☼∙∙∙∙


Registered: 05/08/01
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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: ManianFH]
#27131788 - 01/06/21 09:39 PM (3 years, 22 days ago) |
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Careful with that NIO. It fell right back into the range and, while it is being held by its 8 day EMA, today was a high volume selloff, and a nearly complete "bearish engulfing" pattern. As noted, I set a stop at the morning low, which did end up violated, so I am out of this position.
--------------------
-------------------- ┼ ··∙ long live the shroomery ∙·· ┼ ...╬π╥ ╥π╬...
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ManianFH
living in perverty



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Re: STOCKS - An Intro Tutorial & Ongoing Discussion [Re: geokills]
#27131961 - 01/06/21 11:20 PM (3 years, 22 days ago) |
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Thank you for the heads up Geo. I will set an aggressive stop on that one.
Earlier today I was talking with the same friend who essentially convinced me to buy TSLA back in the day (and whom I have bought several dinners for as repayment ) - he is always reading about up and coming tech, and mentioned that UBER is investing significantly into autonomous air transportation. He is convinced that one day this will be a routine method of travel, and that UBER could be a key provider of that service.
I am not jumping right on board, but could envision this happening sooner than later, at least in some capacity. Just something for discussion for anyone who might have an opinion, and for my future reference going over this thread.
-------------------- 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."
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