How 'bout that stock market?

[Danny]

LOL - I can vouch for that....Don't ask me how I know :biggrin:

I am on the phone all day long and when I say all day I mean all day, 5700 minutes on the cell phone last month.

 

[Ryanmcd2]

Sell limit on eur/usd @ 1.5520 stop @ 1.5595

Out +75

 

[SilverStone05]

Nice looking sheet!

Just curious if you trade with entirely your own money?

Margin is utilized at times.

 

[sahtt]

I trade with margin but rarely use all they give me.

 

[sahtt]

Discipline pays off.. the short side is much easier for me than the long side under these conditions. Still short C from yesterday.

 

[steveny]

Discipline pays off.. the short side is much easier for me than the long side under these conditions. Still short C from yesterday.

Long C with put protection

 

[sahtt]

Must be getting ugly. Can't get any shares short. I couldn't even get 500 ETFC shares short, barely 2 grand.

 

[da3dalus]

There is massive selling by the locals in all of the pits right now. I haven't seen selling like this in months. The locals are going nuts.

 

[steveny]

Still waiting for the sell program on FSLR

 

[sahtt]

Got out of C at 24.75. No doubt short covering will give a little boost so the goof balls on CNN will have something to talk about.

 

[chado]

Still waiting for the sell program on FSLR

Don't you stand to make some good money from that transaction?? Shorted at 292.-- ?

 

[steveny]

Don't you stand to make some good money from that transaction?? Shorted at 292.-- ?

Yep and rode it down to 262 and then back up to 276.

Looks like it won't happen before may expiration


Check May then look at June
http://www.optionistics.com/c/strike_pegger

 

[JeffShoots]

Got out of C at 24.75. No doubt short covering will give a little boost so the goof balls on CNN will have something to talk about.

Bought and sold "C" 3 times today :biggrin:

 

[sahtt]

Only good trade so far today was shorting AMD down from 7.20 when it popped a little while ago. Lost a few cents on S, stopped out then it moved in the right direction.

 

[SilverStone05]

AAPL continues to pay the bills today. :biggrin:

I'm glad V took a nice chopping. I'll buy some here again soon. When the XLF gets back into the mid 25's i'll go long again.

May go long C if it drops another buck or so.

 

[Danny]

Looky looky.....NOV up 9% today, closing at 75.14 :biggrin: Gotta love volatility

NOV put on 1.45 today to close at 67.20 and the june 70's are going for around 3.40, so tell him not to worry. The stock gods will work it all out :tongue:

 

[chado]

I signed up for the CNBC million dollar portfolio challenge :tongue:
Lets hope it doesn't effect my job performance too much :redface:

 

[steveny]

I signed up for the CNBC million dollar portfolio challenge :tongue:
Lets hope it doesn't effect my job performance too much :redface:

It will if you want to win.

 

[chado]

It will if you want to win.

Yeah I know.. just going to do it for fun.

Are there any programs that allow you to simulate stock trading for free or for a nominal fee?

 

[steveny]

Yeah I know.. just going to do it for fun.

Are there any programs that allow you to simulate stock trading for free or for a nominal fee?

Tons of them.

 

[SilverStone05]

Yeah I know.. just going to do it for fun.

Are there any programs that allow you to simulate stock trading for free or for a nominal fee?

I think Schwab offers simulated trading.

I know you can do it with Interactive Brokers.

 

[chado]

I think Schwab offers simulated trading.

.

I'll just do it through Schwab then... I'm taking a few months to pull funds together... I figure this way I'll be able to gain some experience during that time. I will be buying a few stocks here and there.. the first one I'm looking at is PMTI .. looks good and affordable at the moment!

Thanks for all the help guys!

I'm into the third chapter of "Trading in the Zone" .. good book!

 

[steveny]

For the last week or so I have been reading up on candlesticks. Anyone want to suggest any good DVD's on the subject. From what I have been reading and then watching during the day it really seems pretty accurate.

 

[da3dalus]

For the last week or so I have been reading up on candlesticks. Anyone want to suggest any good DVD's on the subject. From what I have been reading and then watching during the day it really seems pretty accurate.

http://www.fxwords.com/j/japanese-candlesticks.html

Check this out my homie. Not a DVD, but a nice simple explanation of all of the patterns, etc. One of the best "presentations" of the material i've seen on the web.

There are loads of free videos on google...

http://video.google.com/videosearch?q=candlestick+trading&hl=en&sitesearch=

Cheers!

 

[Ryanmcd2]

Once you get good, stock charts start to look like porn lol Still dead market for me. 75 pip's down about 250 more to go until I call it a month.