Post: #101

(10-03-2013 08:25 PM)_DC_ Wrote:  The best advice which has been given already is index funds. All my IRA money is shifted in and out (but in 90% of the time in) of the S&P completion index (VEXMX is an example of a tracker). Its up about 20% this year.

I like to gamble also with other money. It seems ridiculously easy but I just look for penny stocks (<$2.00) that have a decent amount of volume and tons of beta. I only buy things near their 52 day low. Bought NAK at 1.44 and sold at 1.81 yesterday. 23% is great for two days . The relatively high volume along with a stop limit will help you from losing your shirt while waiting for a 2-3 day runup.

For the record Im currently out of VEXMX with the govt shutdown and debt ceiling coming. Ill jump back in after that shit resolves.

Even though the idea of Govt. shut down is thrown in the mix here and there, NONE of the big players are really seriously considering shutting down the government, are they? In other words, government shut down seems fairly improbable in the current market influences, no?

I suppose this is the scenario of sell on the rumor and buy on the news or buy on the rumor sell on the news, which is that a guy wants to be at least one step in front of the masses.

Post: #102

New to the forum so thought would introduce myself

Swing trader (FX, Commodities, Stocks)

Portfolio open value - 10,000 GBP
Current portfolio value - 17924 GBP
ROI (After o/n funding charges) 79.24%
Trades - 27 (7 losers 20 winners)
Period - Sept 2014 - ongoing
Most profitable trade short GBPJPY (open 10/13/2014) (closed 10/14/2014)
Least profitable trade Long USDMXN (11/4/2014) (CLOSED SAME DAY)

Post: #103

GE ALERT - GE CALLS UP 330% in 3 days - was only 9 Cents 3 days ago...

I am only holding one GE Call as a Canary in the Cold Mine or Beacon in the Night - looks like since they sold off Baker Hughes and are aggressively wiping out debt GE is starting to rebound - we may be at the bottom... GE Shares just broke above long regression trend channel RMS center line This might be the bottom or could be a BULL TRAP...

Bought the GE-Sept 21-2018 $16 Call at 24 cents for one contract and it dropped to 09 cents and popped first time today and yesterday 333% or 3.33 times its low...

Symbol Last Price $ Change $ Change % Qty  Price Paid $ Days Gain $ Total Gain $ Total Gain % Value $
GE-Sept 21-2018 $16 Call 0.20 0.04 22.86% 1 0.24 4.00 -7.97 -27.04% 21.50