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 4 years ago '10        #1961
Ambassador 444 heat pts444
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$18,666 | Props total: 5 5
 Rique said:
 4 years ago '12        #1962
slickbak 
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$918 | Props total: 415 415
Finally broke even for the year after my catastrophic losses messing around with FNMA, Chi-Scams, and a few others. I have a few weeks left in the year, I'll definitely see a couple thousand $ by then.

Best investment advice I can give:

Its not about always trying to pick the right stocks(ego trap), what matters most is limiting how much you lose when you lose (Believe that you will lose and manage risks accordingly, if you don't then your gambling not trading!). A physical stop loss of 2-5% is best. (As you get better I prefer to set mental stops to avoid whipsaws or early morning sell offs). When I started I followed some old school lunatic, recommending setting 10% stop loss. BAD IDEA! It destroys moral and makes it hard to win back since you will need a profit of more than 10% to make up the 10% you lost.

Ex. You invest 1000$ and lose 10% = 900$ left. To get back to 1000$ you would need 11-12% gain.


Last edited by slickbak; 12-08-2013 at 10:05 PM..
 12-09-2013, 08:23 AM         #1963
feardafoot 
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Made 2800.0 on TA. Sold it Friday. SHoulda sold backwhen it was at 11.30 or so. Stock jumped on the Shell station approval of liquid Natural Gas.

Going to jump on something today.. Not sure what. Playing with 10K today. Ay ideas for short gain?? Maybe a couple weeks holding?
 4 years ago '06        #1964
jreaper 
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mdxg is about to breakout
 12-11-2013, 04:47 PM         #1965
Shugg Ross 
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MACK will increase friday..stage 1 trials were successful..
 4 years ago '07        #1966
Rob De Niro 120 heat pts120
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$13,501 | Props total: 690 690
First timer trying to learn in the investment market. My friend told me about signing up for sharebuilder. Good idea or do you guys have a better one?
 4 years ago '10        #1967
Ambassador 444 heat pts444
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 Rob De Niro said:
First timer trying to learn in the investment market. My friend told me about signing up for sharebuilder. Good idea or do you guys have a better one?
I prefer TD or E-Trade. Better platform. Better tools. Commission is more though but Ill pay up for quality.
 4 years ago '07        #1968
Rob De Niro 120 heat pts120
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 Chaos said:
I prefer TD or E-Trade. Better platform. Better tools. Commission is more though but Ill pay up for quality.
Thanks for the info.
 12-12-2013, 02:31 PM         #1969
Shugg Ross 
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 Shugg Ross said:
MACK will increase friday..stage 1 trials were successful..
and just like that, when I posted this it was 3.95....its 4.43, got as high as 4.5 today...i expect it to crack 5 tomorrow morning...your welcome

oh and

[pic - click to view]



didnt sell it yet
 4 years ago '09        #1970
Damien2321 
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What is selling calls?
 12-13-2013, 09:43 AM         #1971
Shugg Ross 
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MACK got up to 4.95 this morning in premarket....sold it for a $1450 profit...up next...WYY and KFX
 12-13-2013, 12:07 PM         #1972
Shugg Ross 
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RIBT
 4 years ago '09        #1973
Damien2321 
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They dropping now aren't they...
 4 years ago '04        #1974
jrocdb 
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Check out ONCS. A few major catalysts are coming up including trial results. Thanks me later
 4 years ago '10        #1975
Ambassador 444 heat pts444
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$TX has been performing nicely as of late
 4 years ago '10        #1976
Ambassador 444 heat pts444
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I like $JNPR. If it can break $22-$23 it'll make a new 52 week high IMO. I like $SVU on the weekly scale as well. Ill re-evaluate next week.
 4 years ago '06        #1977
Rique 64 heat pts64 OP
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chill some of these avy picks i cant sign in at work
 4 years ago '10        #1978
Ambassador 444 heat pts444
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$18,666 | Props total: 5 5
 Rique said:
chill some of these avy picks i cant sign in at work
Seriously
 4 years ago '06        #1979
Rique 64 heat pts64 OP
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 Chaos said:
Seriously
Thanks man good looking out.

Back on my grind looking for new stuff to buy got a spare 15k to invest
 4 years ago '07        #1980
Bullseye 59 heat pts59
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........
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