Stock market tips and experiences

stylinexpat · 04-27-2011, 03:39 PM

Quote:

Originally Posted by VenomBMW

Sell and take a $700 hit or risk holding it tomorrow as well?

Your call. If you would have bought some weekly calls this morning on the dip or even yesterday you would be rich today

SLV is one to keep an eye on everyday. I have the Kitco application downloaded on my Iphone 4 so I follow it all the time.

VenomBMW · 04-27-2011, 03:47 PM

SLV I saw hit $47.07 thirty seconds after I sold at $46.90. I'm happy with only a $100 loss, it was $3200 this morning. That was scary but I learned a valuable lesson of volatility, and market limit orders. Damn. That was intense. I was just refreshing fidelity for half an hour straight before I sold. I'll probably buy some June CSCO calls. Good idea?

VenomBMW · 04-27-2011, 03:48 PM

Quote:

Originally Posted by greycrx87

Making triple digit % gains on REDF calls, this thing is exploding...

Damn. 18% increase in stock price. How'd you find out about it??? I'd like to make such profits...

nnnnnnnnnnnnnnnnnnnnnn · 04-27-2011, 03:58 PM

Quote:

Originally Posted by VenomBMW

SLV I saw hit $47.07 thirty seconds after I sold at $46.90. I'm happy with only a $100 loss, it was $3200 this morning. That was scary but I learned a valuable lesson of volatility, and market limit orders. Damn. That was intense. I was just refreshing fidelity for half an hour straight before I sold. I'll probably buy some June CSCO calls. Good idea?

Well with your luck, I might have to buy June CSCO puts.

e90fun · 04-27-2011, 04:02 PM

Quote:

Originally Posted by greycrx87

Making triple digit % gains on REDF calls, this thing is exploding...

im thinking about selling ~3k worth of my stocks that arnt making much currently and putting it into REDF.

should i wait or do it now

gtrokin330 · 04-27-2011, 04:08 PM

Quote:

Originally Posted by richpuer

mIPs

Ouch, down 24%

I bought some shares of ELTP today before closing.. oh and im beating myself up for not pulling the gun on LEXG and RFMK this morning smh

Chowbow · 04-27-2011, 05:11 PM

Quote:

Originally Posted by VenomBMW

SLV I saw hit $47.07 thirty seconds after I sold at $46.90. I'm happy with only a $100 loss, it was $3200 this morning. That was scary but I learned a valuable lesson of volatility, and market limit orders. Damn. That was intense. I was just refreshing fidelity for half an hour straight before I sold. I'll probably buy some June CSCO calls. Good idea?

You can always put in a sell position using a limit order for the day as well and not have to sit and watch it. Eg. You could have done a sell limit order for $47.00 and the second it hit that it would trigger the sale for you. I know fidelity has this option as I'm using them right now as well. You should avoid market orders as much as possible.

I do have a trailing stop loss order on most of my securities so that once they drop to a certain percentage, it'll trigger a sale - at market price. That can be a pretty big loss, but the trailing stop loss is there just for that, to minimize the effects of a mass sell off or market meltdown in which case you're probably better off selling at market than continuing to hold onto something that is plummeting like crazy.

E92TTKING · 04-27-2011, 05:27 PM

put all play money in MIPS or REDF?

please let me know before tmrw haha

VenomBMW · 04-27-2011, 05:31 PM

Quote:

Originally Posted by greek335xi

put all play money in MIPS or REDF?

None. After a 18% jump in REDF you'd do that? I'd expect it to fall.

nnnnnnnnnnnnnnnnnnnnnn · 04-27-2011, 05:32 PM

Quote:

Originally Posted by VenomBMW

None. After a 18% jump in REDF you'd do that? I'd expect it to fall.

I think we've already established his stock market know-how earlier in this thread..

E92TTKING · 04-27-2011, 05:37 PM

Quote:

Originally Posted by VenomBMW

None. After a 18% jump in REDF you'd do that? I'd expect it to fall.

what about mips?

or any other suggestion to go all in? thx ohio bro

E92TTKING · 04-27-2011, 05:38 PM

Quote:

Originally Posted by ferrari355fi

I think we've already established his stock market know-how earlier in this thread..

E92TTKING · 04-27-2011, 05:40 PM

i think i found the perfect one to go all in
ZSTN
!

VenomBMW · 04-27-2011, 05:48 PM

I think we've already established his stock market know-how earlier in this thread..[/QUOTE]
I think ive learned a valuable lesson and didn't really get hurt in it. I mean technically I did the right thing except I made it a market order, which I'll never do again. But hey, I've made a whole lot more than I have lost.

VenomBMW · 04-27-2011, 05:50 PM

Quote:

Originally Posted by greek335xi

i think i found the perfect one to go all in
ZSTN
!

It seems to be going into an upward trend after a steep decrease but I might not go into it today or tomorrow after a 10% jump.

VenomBMW · 04-27-2011, 05:54 PM

SLV is so bipolar/volatile that a put doesn't seem like too bad an idea. However it did hit $47.07 at one point....

AngelinIsRich08 · 04-27-2011, 05:59 PM

Dang this thread has grown since I last visited it. Venom is very lucky that he didn't sell yesterday or something when it was at super lows; but I do think he learned something, hopefully. Man, I'm still on the SIRI bandwagon and once it breaks $2 it'll go to $2.10 within two weeks. Some calls are already in progress for me and SIRI. Stronger car sales are definitely contributing to SIRI XM's growth. How are Greeks's GOOG shares doing? I'll probably go into it because it's relatively cheap now.

E92TTKING · 04-27-2011, 06:09 PM

Quote:

Originally Posted by AngelinIsRich08

Dang this thread has grown since I last visited it. Venom is very lucky that he didn't sell yesterday or something when it was at super lows; but I do think he learned something, hopefully. Man, I'm still on the SIRI bandwagon and once it breaks $2 it'll go to $2.10 within two weeks. Some calls are already in progress for me and SIRI. Stronger car sales are definitely contributing to SIRI XM's growth. How are Greeks's GOOG shares doing? I'll probably go into it because it's relatively cheap now.

still hanging on to them. So far -2100.
However, Im considering selling. I made 3K from yesterday to today with nflx so I made up for that loss.
Plus, i bought appl when it was at 200 years ago and have made 1+ million with them.

E92TTKING · 04-27-2011, 06:13 PM

any other comments on ZSTN?
I really like. Will call my bro and inform him

VenomBMW · 04-27-2011, 06:49 PM

Plus, i bought appl when it was at 200 years ago and have made 1 million with them. -Greek335xi

A million? Why're you driving a 335i then?

I'd be Greek560-LP.

nnnnnnnnnnnnnnnnnnnnnn · 04-27-2011, 07:35 PM

Quote:

Originally Posted by VenomBMW

Plus, i bought appl when it was at 200 years ago and have made 1 million with them. -Greek335xi

A million? Why're you driving a 335i then?

I'd be Greek560-LP.

don't pay any attention

E92TTKING · 04-27-2011, 09:32 PM

Quote:

Originally Posted by VenomBMW

Plus, i bought appl when it was at 200 years ago and have made 1 million with them. -Greek335xi

A million? Why're you driving a 335i then?

I'd be Greek560-LP.

lol priority was to buy a house at the time.

I believe properties come first then boats, then cars

my friend invested all his money with apple from the beginning. Put 2 million when it was 1 dollar a share. He has everything from property, boats, lambos lol. I joined the party too late

04-27-2011, 03:47 PM	#926
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	SLV I saw hit $47.07 thirty seconds after I sold at $46.90. I'm happy with only a $100 loss, it was $3200 this morning. That was scary but I learned a valuable lesson of volatility, and market limit orders. Damn. That was intense. I was just refreshing fidelity for half an hour straight before I sold. I'll probably buy some June CSCO calls. Good idea?
	Appreciate 0 Quote

04-27-2011, 05:27 PM	#932
E92TTKING Colonel 258 Rep 2,257 Posts Drives: e92 Join Date: Oct 2009 Location: Merica iTrader: (10)	put all play money in MIPS or REDF? please let me know before tmrw haha
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04-27-2011, 05:40 PM	#937
E92TTKING Colonel 258 Rep 2,257 Posts Drives: e92 Join Date: Oct 2009 Location: Merica iTrader: (10)	i think i found the perfect one to go all in ZSTN ! Last edited by E92TTKING; 04-27-2011 at 05:47 PM..
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04-27-2011, 05:48 PM	#938
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	I think we've already established his stock market know-how earlier in this thread..[/QUOTE] I think ive learned a valuable lesson and didn't really get hurt in it. I mean technically I did the right thing except I made it a market order, which I'll never do again. But hey, I've made a whole lot more than I have lost.
	Appreciate 0 Quote

04-27-2011, 05:54 PM	#940
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	SLV is so bipolar/volatile that a put doesn't seem like too bad an idea. However it did hit $47.07 at one point....
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04-27-2011, 05:59 PM	#941
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	Dang this thread has grown since I last visited it. Venom is very lucky that he didn't sell yesterday or something when it was at super lows; but I do think he learned something, hopefully. Man, I'm still on the SIRI bandwagon and once it breaks $2 it'll go to $2.10 within two weeks. Some calls are already in progress for me and SIRI. Stronger car sales are definitely contributing to SIRI XM's growth. How are Greeks's GOOG shares doing? I'll probably go into it because it's relatively cheap now.
	Appreciate 0 Quote

04-27-2011, 06:13 PM	#943
E92TTKING Colonel 258 Rep 2,257 Posts Drives: e92 Join Date: Oct 2009 Location: Merica iTrader: (10)	any other comments on ZSTN? I really like. Will call my bro and inform him
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04-27-2011, 06:49 PM	#944
VenomBMW Banned 25 Rep 63 Posts Drives: 128i Convertible Join Date: Apr 2011 Location: In a house iTrader: (0)	Plus, i bought appl when it was at 200 years ago and have made 1 million with them. -Greek335xi A million? Why're you driving a 335i then? I'd be Greek560-LP.
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