Stock market tips and experiences

VenomBMW · 05-02-2011, 12:17 PM

Quote:

Originally Posted by MrRoboto

SIRI up to 2.03

I wanted to get in last week again when they were at $1.96. I thought they were going to correct, I don't know if they will now...Should I buy now is the question. If they go down to $1.99 I'll definitely go in.

Nedim · 05-02-2011, 01:04 PM

Hey guys.

I didnt read every post in this thread, but I would like to start investing some money. I will start with $500-$1000. what are some good stocks to invest in. Thanks!

Kylekuu · 05-02-2011, 01:15 PM

Quote:

Originally Posted by Nedim

Hey guys.

I didnt read every post in this thread, but I would like to start investing some money. I will start with $500-$1000. what are some good stocks to invest in. Thanks!

not to be a asshole, but if you wanna get into stocks, you should pretty much start reading about it and learn something. plus i don't think that's enough money to start a account

Buegie · 05-02-2011, 01:33 PM

Quote:

Originally Posted by Nedim

Hey guys.

I didnt read every post in this thread, but I would like to start investing some money. I will start with $500-$1000. what are some good stocks to invest in. Thanks!

it's really too small of an amount to trade equities with. Typical commission would be somewhere around $7/trade so commission to buy/sell would be $14. Even if you put everything into one stock, it would need to move almost 3% just to break even (14/500).

Personally I would just take the money and throw it at options. There's a good chance of going bust, but honestly with $500-1000 you aren't going to make any money with a buy/hold strategy either.

ES_TRADER · 05-02-2011, 01:54 PM

Quote:

Originally Posted by Nedim

Hey guys.

I didnt read every post in this thread, but I would like to start investing some money. I will start with $500-$1000. what are some good stocks to invest in. Thanks!

you need to read, study, pay your tuition or entrance fees, ready/study some more, pay more tuition, and then maybe, just maybe, you can turn a profit...that is the harsh reality of this business/game. with 1k of starting capital, id invest half of that into good study materials...and keep saving

stylinexpat · 05-02-2011, 02:08 PM

Quote:

Originally Posted by greek335xi

fuck yea silver bought at 44 now 45 and rising. Just made 1K in under a half and hour

Book profits if you make good money. We should see some volatility this week. Good money can be made on these days where we see high volatility if you can get in and out at the right time. I reckon we see further losses before rebounding again though I think the overall trend is up.

Chowbow · 05-02-2011, 02:08 PM

Whew, got out of SLV earlier today. Think it was a good time. It's had a good run.

stylinexpat · 05-02-2011, 02:17 PM

Quote:

Originally Posted by Chowbow

Whew, got out of SLV earlier today. Think it was a good time. It's had a good run.

I believe we will see more losses before we see a rebound. Remember that it was down just over 14% at one time during futures. We should see around 6% losses from here at minimum. I could be wrong but I would not go all in now. I'm in with puts now.

e90fun · 05-02-2011, 02:30 PM

still waiting for the right time to invest into something.

seems like past few days, stocks are being unpreditable?

SLV looks good to invest in and hold until reboudn but your saying there might be more drop?

Chowbow · 05-02-2011, 02:31 PM

Quote:

Originally Posted by stylinexpat

I believe we will see more losses before we see a rebound. Remember that it was down just over 14% at one time during futures. We should see around 6% losses from here at minimum. I could be wrong but I would not go all in now. I'm in with puts now.

Hmm... ride the inverse silver train? ZSL - double inverse silver ETF. Tempting, but probably not my cup of tea. Volume is through the roof right now though.

stylinexpat · 05-02-2011, 03:08 PM

Quote:

Originally Posted by Chowbow

Hmm... ride the inverse silver train? ZSL - double inverse silver ETF. Tempting, but probably not my cup of tea. Volume is through the roof right now though.

If you don't want to trade with options and ae sure Silver will drop then ZSL is quite good. My Puts are doing excellent today

stylinexpat · 05-02-2011, 03:09 PM

Keep in mind that on Friday at around 3:14 pm I saw huge orders of SPY puts go through for the May $135 Puts.

Chowbow · 05-02-2011, 03:24 PM

Quote:

Originally Posted by stylinexpat

If you don't want to trade with options and ae sure Silver will drop then ZSL is quite good. My Puts are doing excellent today

Yeah still not comfortable with options yet. Just long trading right now. I'm hesitant with ZSL - don't want to chase the train. I might see what the Asian market does tomorrow before any commitment.

Dr. G · 05-02-2011, 04:03 PM

What a bad day

E92TTKING · 05-02-2011, 04:23 PM

Quote:

Originally Posted by Dr. G

What a bad day

leejoobin · 05-02-2011, 07:52 PM

Quote:

Originally Posted by VenomBMW

I wanted to get in last week again when they were at $1.96. I thought they were going to correct, I don't know if they will now...Should I buy now is the question. If they go down to $1.99 I'll definitely go in.

Down to 1.90 now............. terrible day today.......

AngelinIsRich08 · 05-02-2011, 11:42 PM

Hmmm. I'm going to buy June 18 calls for SIRI, strike price of $2.

stylinexpat · 05-03-2011, 12:28 AM

I sold all my SLV puts before closing for a nice profit today.

The last hour to 1.5 hrs. of trade is usually the best time to get in for a trade.

AngelinIsRich08 · 05-03-2011, 01:09 AM

Quote:

Originally Posted by stylinexpat

I sold all my SLV puts before closing for a nice profit today.

The last hour to 1.5 hrs. of trade is usually the best time to get in for a trade.

I expect SLV to go up two to three percent tomorrow.

nnnnnnnnnnnnnnnnnnnnnn · 05-03-2011, 01:22 AM

for the first time in a very long time, I only have long term positions open with no plans in the near future to open any short term. It is amazing how relaxed and clear minded I am. Never realized how much day trading effected me until now.

stylinexpat · 05-03-2011, 08:07 AM

Quote:

Originally Posted by stylinexpat

Book profits if you make good money. We should see some volatility this week. Good money can be made on these days where we see high volatility if you can get in and out at the right time. I reckon we see further losses before rebounding again though I think the overall trend is up.

Quote:

Originally Posted by AngelinIsRich08

I expect SLV to go up two to three percent tomorrow.

Let's see what happens.

If I enter I will buy some weekly puts.

The gains from earlier on in Asia were all erased and more losses were added.

stylinexpat · 05-03-2011, 08:10 AM

Quote:

Originally Posted by ferrari355fi

for the first time in a very long time, I only have long term positions open with no plans in the near future to open any short term. It is amazing how relaxed and clear minded I am. Never realized how much day trading effected me until now.

Definitely not good for the heart or mind. Stressful for sure. New York's Market closes about 4:00 am my time here in Taiwan. It takes me about another 1 to 1.5 hrs. to unwind after before I can fall asleep.

05-02-2011, 01:04 PM	#1014
Nedim Captain 72 Rep 716 Posts Drives: 2007 BMW 335i Join Date: Mar 2010 Location: Des Moines, IA iTrader: (4)	Hey guys. I didnt read every post in this thread, but I would like to start investing some money. I will start with $500-$1000. what are some good stocks to invest in. Thanks!
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05-02-2011, 02:08 PM	#1019
Chowbow pew pew 169 Rep 6,781 Posts Drives: 三三五i Join Date: Aug 2007 Location: CA iTrader: (6) Garage List 2015 BMW 328i wagon [0.00] 2007 BMW 335i sedan [10.00] 1997 BMW 328i track ... [10.00]	Whew, got out of SLV earlier today. Think it was a good time. It's had a good run. __________________ CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
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05-02-2011, 02:30 PM	#1021
e90fun ('''\(;,,,;)/''') 86 Rep 1,682 Posts Drives: AW 335i e90 Join Date: Jul 2009 Location: San Diego, CA / Santa Rosa, CA iTrader: (14)	still waiting for the right time to invest into something. seems like past few days, stocks are being unpreditable? SLV looks good to invest in and hold until reboudn but your saying there might be more drop? __________________ Stock 08` Alpine White E90 335i
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05-02-2011, 03:09 PM	#1024
stylinexpat Major 432 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	Keep in mind that on Friday at around 3:14 pm I saw huge orders of SPY puts go through for the May $135 Puts.
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05-02-2011, 04:03 PM	#1026
Dr. G Major General 290 Rep 5,064 Posts Drives: Black e92 335i Join Date: Apr 2010 Location: Brampton, Ontario iTrader: (32) Garage List e92 BMW 335i [8.84]	What a bad day __________________ JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
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05-02-2011, 11:42 PM	#1029
AngelinIsRich08 Banned 64 Rep 708 Posts Drives: '11 X5M, '09 CTS Join Date: Jan 2011 Location: St. Louis, MO iTrader: (0)	Hmmm. I'm going to buy June 18 calls for SIRI, strike price of $2.
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05-03-2011, 12:28 AM	#1030
stylinexpat Major 432 Rep 1,427 Posts Drives: Join Date: Aug 2008 iTrader: (0)	I sold all my SLV puts before closing for a nice profit today. The last hour to 1.5 hrs. of trade is usually the best time to get in for a trade.
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05-03-2011, 01:22 AM	#1032
nnnnnnnnnnnnnnnnnnnnnn Lieutenant 114 Rep 465 Posts Drives: 1 Join Date: Jan 2008 Location: 2 iTrader: (0)	for the first time in a very long time, I only have long term positions open with no plans in the near future to open any short term. It is amazing how relaxed and clear minded I am. Never realized how much day trading effected me until now.
	Appreciate 0 Quote

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