|
greasyhands posted:Yes, follow this guys advice. It's extremely easy to parlay 1k into a milllliiion dollars if you learn how to trade options! so easy, why didnt I think of it?? I think he's just trying to say that you have more buying power with options. But yea, go ahead speculate with some long out of the money calls. Anyways, buying NVDA at $9 turned out to be a wise decision. The Good fucked around with this message at 23:11 on Sep 21, 2010 |
#
?
Sep 21, 2010 22:53
|
|
|
|
| # ? May 28, 2024 20:51 |
|
|
greasyhands posted:Yes, follow this guys advice. It's extremely easy to parlay 1k into a milllliiion dollars if you learn how to trade options! so easy, why didnt I think of it?? Because you are dumb I guess  If you have a limited amount of capital, then the margin on an options trade will provide the most bang for your buck in the shortest time - no more, no less.
|
|
#
?
Sep 21, 2010 23:34
|
|
|
kru posted:Because you are dumb I guess You give terrible advice based on terrible reasoning and use terms like 'margin' incorrectly.
|
|
#
?
Sep 22, 2010 01:13
|
|
|
Plastic Jesus posted:You give terrible advice based on terrible reasoning and use terms like 'margin' incorrectly. he meant leverage right guys?
|
|
#
?
Sep 22, 2010 02:49
|
|
|
^^ I pretty sure he meant profit margin, although that isn't the best use. There's more than one context from it but yes, 1-2k will pretty much take you nowhere unless you "punt" repeatedly and win to the tune of multiple "baggers".
|
|
#
?
Sep 22, 2010 02:49
|
|
|
ChubbyEmoBabe posted:^^ I pretty sure he meant profit margin, although that isn't the best use. With my demo account, I started with a realistic amount ($1000). If I manage to obtain 20 pips a day for a few months, which is definitely obtainable, I should climb the ladder rather quickly, wouldn't I? I am quite new to this, but it shouldn't take terribly long if I know what I am doing. Correct?
|
|
#
?
Sep 22, 2010 06:31
|
|
|
xzoto1 posted:With my demo account, I started with a realistic amount ($1000). If I manage to obtain 20 pips a day for a few months, which is definitely obtainable, I should climb the ladder rather quickly, wouldn't I? I am quite new to this, but it shouldn't take terribly long if I know what I am doing. Correct? If you can make 400 pips/month you should be charging 2 and 20. BTW there's a forex thread, though its traffic is bubble/bust (think CHF/JPY). Mostly it's filled with people asking to become members of a site with less posting than the thread itself. That said, I like reading about forex people's thoughts and would like to see more posting there.
|
|
#
?
Sep 22, 2010 07:14
|
|
|
Plastic Jesus posted:You give terrible advice based on terrible reasoning and use terms like 'margin' incorrectly. I meant profit margin as you could have gathered from my post!
|
|
#
?
Sep 22, 2010 10:39
|
|
|
Why the hate on WDC recently?
|
|
#
?
Sep 23, 2010 14:37
|
|
|
dlink posted:Why the hate on WDC recently?
|
|
#
?
Sep 23, 2010 15:09
|
|
|
Josh Lyman posted:If you worked in an industry were cost/performance (in this case, $/GB) were falling 50% every 2 years, a space that has been completely commoditized by Hitachi on the laptop side and Seagate on the desktop side, wouldn't you be worried too? Ah, i was under the impression that they produce the best HDDs amongst major HDD producers.
|
|
#
?
Sep 23, 2010 16:00
|
|
|
dlink posted:Ah, i was under the impression that they produce the best HDDs amongst major HDD producers. And I was under the impression that SDDs and other flash type memory are quickly expanding, while massively huge plate-based HDDs are quickly going the way of the dinosaur.
|
|
#
?
Sep 23, 2010 16:43
|
|
|
ayekappy posted:And I was under the impression that SDDs and other flash type memory are quickly expanding, while massively huge plate-based HDDs are quickly going the way of the dinosaur. SDDs are much faster and consume less energy, so they're popular in high-end laptops and gaming systems. But they're also very expensive and very small; an 80GiB SDD costs $200, while a 1500GB HDD costs $80.
|
|
#
?
Sep 23, 2010 16:59
|
|
|
bidu - 100 P/E sohu - 19 sina - 7 They are all in the same space. I know baidu is killing the others in terms of volume, but its not like there is any sort of barrier to gain market share or anything. Also compared to goog - 22 yhoo - 23 msft (I know not really comparable but still) - 11.6 And even our recently crazy tech companies nflx - 66 amzn - 65 aapl - 22 I wouldn't short Bidu even if i could get the shares, don't want to get in front of that train, but holy poo poo I can't believe how hot it is. I might buy some SINA though on a pullback.
|
|
#
?
Sep 23, 2010 17:18
|
|
|
BIDU at a 32 billion market cap is getting a bit pricey. Not that anything in the nasdaq could be considered anything else. I thought the nasdaq was bubbley back when CRM was 90. It's downright frothy here. NFLX and MELI are really the only momentum growth companies that I'd go long and feel somewhat comfortable in. MELI probably more so than NFLX.
|
|
#
?
Sep 23, 2010 20:12
|
|
|
Jack posted:BIDU at a 32 billion market cap is getting a bit pricey. Not that anything in the nasdaq could be considered anything else. I thought the nasdaq was bubbley back when CRM was 90. It's downright frothy here.
|
|
#
?
Sep 23, 2010 22:20
|
|
|
Josh Lyman posted:NFLX feels a bit long in the tooth. I would like to see it pull back 8% before jumping back in. I agree that it's over-extended, though I'm not sure what it would take for me to get in. The only clear play I can see right now is selling any long stock position (if you have one) and buying long-dated ATM calls. Of course, the entire loving market is baffling me right now so perhaps I'm not the best source of advice.
|
|
#
?
Sep 24, 2010 00:02
|
|
|
Anyone looking at playing XRTX earnings next week? I'm going to try another straddle/strangle depending on where the price might be on Wednesday afternoon.
|
|
#
?
Sep 24, 2010 22:06
|
|
|
EDU today 
|
|
#
?
Sep 25, 2010 03:17
|
|
|
Josh Lyman posted:If you worked in an industry were cost/performance (in this case, $/GB) were falling 50% every 2 years, a space that has been completely commoditized by Hitachi on the laptop side and Seagate on the desktop side, wouldn't you be worried too?
|
|
#
?
Sep 25, 2010 03:27
|
|
|
I am glad I have a demo account. I "predicted" the Euro to continue to drop but it's on a nice uptrend. I basically lost everything I gained, haha.
|
|
#
?
Sep 26, 2010 06:17
|
|
|
xzoto1 posted:I am glad I have a demo account. I "predicted" the Euro to continue to drop but it's on a nice uptrend. I basically lost everything I gained, haha. EUR/USD or EUR/??? USD is going to go down longer unless something amazing happens with the dollar supply. EUR or YEN is the safe money!
|
|
#
?
Sep 26, 2010 08:37
|
|
|
Dr. Jackal posted:EUR/USD or EUR/??? Yeah they haven't been doing massive QE in the Eurozone or anything. What's PIIGS again? Oh nm, old news. Maybe I'm just looking at the weekly too much.
|
|
#
?
Sep 26, 2010 14:18
|
|
|
ayekappy posted:Yeah they haven't been doing massive QE in the Eurozone or anything. What's PIIGS again? Oh nm, old news. Maybe I'm just looking at the weekly too much. Who's the 2nd I? I was pointing out EUR and YEN is viewed as a currency to run from the dollar not that they were actually safer, if I wanted to argue that we should be talking about shorting the dollar and long on commodities (like corn?). Personally, I am in for stocks.
|
|
#
?
Sep 26, 2010 19:59
|
|
|
Dr. Jackal posted:Who's the 2nd I? Portugal/Ireland/Italy/Greece/Spain
|
|
#
?
Sep 26, 2010 21:24
|
|
|
..Nothing to see here, move along.
|
|
#
?
Sep 27, 2010 18:47
|
|
|
The markets have been rigged for over a year probably, I don't know why anyone would keep a sizable amount of money in them.
|
|
#
?
Sep 27, 2010 21:43
|
|
|
abagofcheetos posted:The markets have been rigged for over a year probably, I don't know why anyone would keep a sizable amount of money in them.
|
|
#
?
Sep 27, 2010 23:04
|
|
|
Even worse, NASDAQ is DKing all trades that took place more than 15% from the NBBO. There are going to be some very angry people somewhere.
|
|
#
?
Sep 27, 2010 23:21
|
|
|
Janin posted:Thank you for your insightful and reasonable contribution to this thread.
|
|
#
?
Sep 27, 2010 23:55
|
|
|
abagofcheetos posted:How would you describe that Bloomberg screen, then? A reason to always use limit orders.
|
|
#
?
Sep 28, 2010 00:14
|
|
|
Hobologist posted:A reason to always use limit orders. You aren't going to get a fill when a stock drops 90% in a minute. However I have no idea how a hiccup in 1 stock is indicative of wide-spread price fixing, or why the core basis of retirement savings should be changed because of it.
|
|
#
?
Sep 28, 2010 00:49
|
|
|
Plastic Jesus posted:You aren't going to get a fill when a stock drops 90% in a minute. I think Hobo was saying use limit orders to be sure you don't get hosed by something random like this when you are doing your regular buying/selling. Although I'm tempted to set up a few standing limit buy orders on big stable companies at like 50% or less of their current values to catch another market wide flash crash. Although didn't those trades get DQ'd? I made something like 15% on a relatively small order that I managed to squeeze in, which held up.
|
|
#
?
Sep 28, 2010 00:55
|
|
|
Plastic Jesus posted:You aren't going to get a fill when a stock drops 90% in a minute. What kind of bizarro world are we in where we are discussing trading strategies around market breakdown?
|
|
#
?
Sep 28, 2010 01:04
|
|
|
What they should do is let every single trade stand.
|
|
#
?
Sep 28, 2010 01:05
|
|
|
abagofcheetos posted:Because the market is broken? How is this is any way evidence contrary. Remember, the SEC already "fixed" the flash crash problem. Clearly the SEC lacks either the ability or will to properly govern the markets, and a market without oversight is not one to rest your retirement on. It was 1 dip in 1 stock for 1 minute and I have no idea what you're on about so I'm just going to stare uneasily.
|
|
#
?
Sep 28, 2010 01:24
|
|
|
I guess you forgot about May 6?
|
|
#
?
Sep 28, 2010 01:32
|
|
|
The HFT trades get DK'd also. I'm more concerned with the fact that the SEC has no loving clue what the hell is going on. Their statement about the flash crash was hysterical.
|
|
#
?
Sep 28, 2010 01:42
|
|
|
What do you mean the SEC has no loving clue what is going onSEC Chairman Mary Schapiro posted:"I think they will feel confident, and they'll feel confident that the SEC and the CFTC staffs have a very deep understanding of the markets as a result of this inquiry, and that we have some ideas on how to go forward."
|
|
#
?
Sep 28, 2010 01:47
|
|
|
|
| # ? May 28, 2024 20:51 |
|
|
abagofcheetos posted:I guess you forgot about May 6? This isn't the slightest bit similar to May 6th. Again, it was 1 stock mispriced for 1 minute and it corrected itself almost immediately (my broker never even got a print below 41.50 so it wasn't even a pervasive dip). It was certainly a fuckup of some sort, but a gently caress up is the exact opposite of a gamed market, isn't it?
|
|
#
?
Sep 28, 2010 01:55
|
|