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Stock-Age: Stocks, Options and Dividends oh my!
- Thread starter koam
- Start date
Ether_Snake
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ERTS at 38, wow.
Everything is heading lower and lower as the day goes forward.
EDIT: I've never seen so many stocks going about their own movement throughout the day, nothing is following the DOW closely.
Everything is heading lower and lower as the day goes forward.
EDIT: I've never seen so many stocks going about their own movement throughout the day, nothing is following the DOW closely.
Ether_Snake
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You can't do much with $1000. Keep it aside.
toxicgonzo
Taxes?! Isn't this the line for Metallica?
Bought in on Freddie Mac (NYSE: FRE) @ $1.28 yesterday
Right now it's $1.95.
Here's to hoping it will continue to rise
Right now it's $1.95.
Here's to hoping it will continue to rise
Ether_Snake
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toxicgonzo said:
There is an FBI investigation in FM along with a few others.
http://www.reuters.com/article/newsOne/idUSTRE48N5VR20080924
Just to let you know.
EDIT: Well like sonarrat suggested he should pay off debts if he has any. Otherwise he can always learn using an artificial account like the virtual stock exchange. Otherwise, due to commission, $1000 should be accumulated to another $2000 before investing IMO.
toxicgonzo
Taxes?! Isn't this the line for Metallica?
Ether_Snake said:
I saw that. I'm watching FRE carefully. I'm ready to bail out at a moment's notice
Ether_Snake
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toxicgonzo said:
Anyone who bought FRE last week made a good return that's for sure, it was at $0.04
Davidion said:
To be honest, I only have about $1000 in my Roth IRA. It's plenty of money to screw around with options (as long as you're not writing them). My goal is to turn it into $2500 without putting any more into it to get to the point where stock trades are free, then invest $2000 in a diverse stock portfolio while using the first $500 to continue to mess around with options.
Ether_Snake
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lil smoke said:
Yeah but what I liked when I used the VSE was that I was doing research, getting informed, etc., to make better decisions, learned from my mistakes, etc. So you come out more experienced and with more knowledge on how things work, without using actual money. As for the returns yeah it spend differently, but you get an understanding of how things work at least.
I'm still learning every day but now I'm dealing with real money
RumblingRosco
Member
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Thanks for the advice guys. I'll keep it aside for now then. I had big dreams of getting advice to purchase stocks where prices plummeted and hoped to get rich when they soared back up haha... yeah right
I'll keep saving until 2k and come back then!
(it's all savings at the moment, no debt, no bills each month, etc.)
I'll keep saving until 2k and come back then!
(it's all savings at the moment, no debt, no bills each month, etc.)
savings =/= spare money. Spare money for trading is money that you can afford to lose, so to speak.YakiSOBA said:Thanks for the advice guys. I'll keep it aside for now then. I had big dreams of getting advice to purchase stocks where prices plummeted and hoped to get rich when they soared back up haha... yeah right
I'll keep saving until 2k and come back then!
(it's all savings at the moment, no debt, no bills each month, etc.)
Ether_Snake
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Pretty much confirmed the plan is passing by sometime tomorrow or shortly, with certain modifications. Bush to address the nation tonight at 9pm ET.
Ether_Snake
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What a choppy trading day!
NVDA up all day, now at 5%
EDIT2: We finish down again. Seems like there really is a lot of resistance against the plan. Not sure why Bush is addressing the nation tonight then, I thought he would only do so if it was already in the pocket. This is really strange, if they plan is being attacked so much you don't ask the most unpopular president ever to try and convince the American people that it's good.
NVDA up all day, now at 5%
EDIT2: We finish down again. Seems like there really is a lot of resistance against the plan. Not sure why Bush is addressing the nation tonight then, I thought he would only do so if it was already in the pocket. This is really strange, if they plan is being attacked so much you don't ask the most unpopular president ever to try and convince the American people that it's good.
can anyone explain a stop-limit order to me i'm selling please?
heres my example, let's say a stock closed today at $4.00
i want to sell it as soon as market opened if it falls between 3.5-4.5
Do i put a stop-limit order with a stop price at 4.50 and a limit of 3.5?
If the stock opens at 4.80 though, i don't want to sell it and keep it hoping it goes up to 5 bucks then maybe sell but if it drops to 4.5 i want it to automatically sell it at that price.
However if it drops below 3.5 to 3.00 i want to keep it hoping it goes back up to 3.5 then sell it.
Is this understanding correct or am i doing it completely wrong? if its the wrong order, what order do i have to do, to do this?
thank you.
heres my example, let's say a stock closed today at $4.00
i want to sell it as soon as market opened if it falls between 3.5-4.5
Do i put a stop-limit order with a stop price at 4.50 and a limit of 3.5?
If the stock opens at 4.80 though, i don't want to sell it and keep it hoping it goes up to 5 bucks then maybe sell but if it drops to 4.5 i want it to automatically sell it at that price.
However if it drops below 3.5 to 3.00 i want to keep it hoping it goes back up to 3.5 then sell it.
Is this understanding correct or am i doing it completely wrong? if its the wrong order, what order do i have to do, to do this?
thank you.
sonarrat said:
Yeah... so am I. There are lots of strategies out there that involve buying puts, calls, writing puts & calls simultaneously. I don't use any of them. Here's a quick guide:
http://www.optionseducation.org/resources/literature/files/options_strategies_quick_guide.pdf
http://en.wikipedia.org/wiki/Options_strategies
http://en.wikipedia.org/wiki/Options_strategies
Ether_Snake
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NKE up in AH. Should have figured they would the well after the Olympics.
Makes sense. There's a lot of room for growth for Nike in developing countries, not so much here.
Makes sense. There's a lot of room for growth for Nike in developing countries, not so much here.
RSTEIN said:
Becoming very poor
Like I said above, getting discouraged with things. SDVI was the lion's share of my holdings, and it dropped from .025 to .015. They withdrew a bid to uplist to the OTC.BB so they could restate financials. I own over 800k shares so you can do the math for yourself to see how I've been feeling lately, haha. I still believe it will come back, and obviously with anything in that price range you should expect fluctuations, but it's disheartening with all my options taking a dump as well.Still holding ERTS and UNH calls for December. ERTS is another Monsanto-style disaster stock lately. I really don't know what to do about it. UNH should come back, but another 3.5%+ drop today. The really ironic thing is that I had to sell my NFLX calls at a big loss, and then I think they day they expired was that big 300+ point turnaround over the course of half an hour, and NFLX closed over the strike price! FUCK. Unbelievable timing.
So basically I'm paralyzed. I have a bit of money in plain-vanilla savings I could draw on but I really don't want to put that in the market right now. Just very frustrating, but what can you do. It could all turn around tomorrow, you never know!
Oh yeah, if all this weren't enough, I also tried to buy a PS3 off of ebay and some fucker scammed me and ran off with my $300. I can recover $200 through paypal, but that's pretty much been my financial life in a nutshell lately :lol
Ether_Snake
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Kathode: Google will pay you 10 million dollars for a good idea http://www.cnn.com/2008/TECH/biztech/09/24/google.project/index.html
I love Google
I love Google
kathode said:Becoming very poor
Still holding ERTS and UNH calls for December. ERTS is another Monsanto-style disaster stock lately. I really don't know what to do about it. UNH should come back, but another 3.5%+ drop today. The really ironic thing is that I had to sell my NFLX calls at a big loss, and then I think they day they expired was that big 300+ point turnaround over the course of half an hour, and NFLX closed over the strike price! FUCK. Unbelievable timing.
So basically I'm paralyzed. I have a bit of money in plain-vanilla savings I could draw on but I really don't want to put that in the market right now. Just very frustrating, but what can you do. It could all turn around tomorrow, you never know!
Oh yeah, if all this weren't enough, I also tried to buy a PS3 off of ebay and some fucker scammed me and ran off with my $300. I can recover $200 through paypal, but that's pretty much been my financial life in a nutshell lately :lol
Man, that sucks
Well, as you yourself said HOOOLD!!!! It's always darkest before dawn!Ether_Snake
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Nikkei started down but is going up since the Bush address. Probably not related, but let me put my Bloomberg.com hat:
"Confidence returns, Nikkei up, after Bush addresses the nation."
I feel smart.
EDIT: Bailout might pass tomorrow. Hold onto your hats and hope for the best... then run like a bandit when you made a good profit.
"Confidence returns, Nikkei up, after Bush addresses the nation."
I feel smart.
EDIT: Bailout might pass tomorrow. Hold onto your hats and hope for the best... then run like a bandit when you made a good profit.
Ether_Snake
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My precious gold, it is not rising.
Everything else is tho. Should have kept ADSK, it was a good investment.
Everything else is tho. Should have kept ADSK, it was a good investment.
Ether_Snake
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I was?
Ah yes. I was supposed to do that soon. I had second guesses.
And why is CGT continuously falling on no news.
Anyway I'm probably going to get rid of almost everything after the bailout-bump. We'll see. I have no faith at all in the markets now.
EDIT: ERTS and ATVI have the same downward trend today.
Ah yes. I was supposed to do that soon. I had second guesses.
And why is CGT continuously falling on no news.
Anyway I'm probably going to get rid of almost everything after the bailout-bump. We'll see. I have no faith at all in the markets now.
EDIT: ERTS and ATVI have the same downward trend today.
kathode said:
Not just that, but you aren't putting a ton of money at risk. If I guessed wrong and it all went to hell tomorrow, I'd be out a couple hundred dollars and then I could start again. If I bought the same amount of stock on margin to get the same rewards, it would be a lot riskier.
RumblingRosco
Member
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sonarrat said:
Very true. I just invest the same amounts into options that I would into stocks
The swings can hit you hard, and it's especially frustrating when you've got that one stock that bucks the market trends and doggedly goes in the opposite direction you need. But it's certainly never boring!kathode said:Very true. I just invest the same amounts into options that I would into stocks
Well, with the volatility in the current market and the constant up and down swings, I'm using a lot of neutral strategies so that I make money when the market turns one way, then more when it turns the other.