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MDawg
MDawg
Joined: Sep 27, 2018
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March 12th, 2021 at 7:36:25 AM permalink
Quote: SOOPOO

Now up 121%. One more up day and Iíll reach ATH.


Don't you know not to say anything in the middle of a no hitter!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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March 12th, 2021 at 7:37:34 AM permalink
On the plus side, I'm booking right and left today.



I lost track. I will add it up when I'm done.

I REALLY missed out on that TSLA trade though...it barely filled at 673, dropped, next thing you know it was pushing 690. Back down now though....
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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March 12th, 2021 at 7:41:07 AM permalink
Booked 2900 so far. With ease.

Long terms way down today tho.

But the point is to keep booking trade money daily. It adds up! and eventually, the long terms come back anyway.

Looks like I picked the right time to sell that NFLX trade yesterday @ 519. It's below 510 today. May re-buy some trading shares.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
MDawg
MDawg
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March 12th, 2021 at 8:07:31 AM permalink
'Nother five hunny. 3400.

I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 12th, 2021 at 10:43:46 AM permalink
Welllll.... I booked $170 trading 10 shares of TSLA. 676-693. I have 3 shares of AMZN waiting for 3080. I have to remember it is real money....

Edit. It did hit 3080. Booked another $75! SPuppy on a roll!
MDawg
MDawg
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March 12th, 2021 at 11:35:02 AM permalink
Excellent!

Anything you book on a down day like this is just money in the bank.
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
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March 12th, 2021 at 11:45:51 AM permalink
Quote: MDawg

'Nother five hunny. 3400.

Do I understand correctly: You turned a stake of 203,300 into 203,800 on that latter google trade? and if it had gone south, you'd probably have averaged in by investing maybe another 200,000 or so?
Beware. The earth is NOT flat. Hit and run is not a winning strategy: Pressing into trends IS not a winning strategy: Progressives are not a winning strategy: Don't Buy It! .Don't even take it for free.
MDawg
MDawg
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March 12th, 2021 at 11:54:49 AM permalink
I should have let it ride, woulda made like 2K. But on each of my trades, something like 90% of them would have made more money by letting them ride. However, 10% would have dropped to where being greedy would have been a bad idea, and left me stuck.

For all of these stocks in which I trade I hold long time shares. Trading another 100 or even 500 additional shares isn't a huge additional expenditure.

SooPoo one thing you don't have to deal with anymore, which the rest of us had to factor in - commission. Even at 6.95 or whatever it was (I used to pay 4.95 as my account was grandfathered in), and it was much more in the earlier days, it adds up! Nowadays - only SEC fees on the way out. Everyone is commissionless. (Except on penny stocks, I believe they all still charge commission on those.)
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/
SOOPOO
SOOPOO
Joined: Aug 8, 2010
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March 12th, 2021 at 1:09:49 PM permalink
Quote: MDawg

I should have let it ride, woulda made like 2K. But on each of my trades, something like 90% of them would have made more money by letting them ride. However, 10% would have dropped to where being greedy would have been a bad idea, and left me stuck.

For all of these stocks in which I trade I hold long time shares. Trading another 100 or even 500 additional shares isn't a huge additional expenditure.

SooPoo one thing you don't have to deal with anymore, which the rest of us had to factor in - commission. Even at 6.95 or whatever it was (I used to pay 4.95 as my account was grandfathered in), and it was much more in the earlier days, it adds up! Nowadays - only SEC fees on the way out. Everyone is commissionless. (Except on penny stocks, I believe they all still charge commission on those.)



You pay commission on OTC or Ďpink sheetí stocks. I do own a few of those. Iím old enough to remember when a trader would pay $$$ to make a trade. Those days are long gone. The SEC fees are literally pennies.

I have taken your advice.... and am trading stocks that if they go down Iím ok holding.
MDawg
MDawg
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March 12th, 2021 at 1:25:27 PM permalink
I know you recall when they all charged commission - that was less than two years ago that it changed. I just meant that for a TRADER, which you're new to this rapid fire trading, correct? that the end of commission means a lot. Book thousands of trades a year and even five dollars per each open and close adds up!
I tell you itís wonderful to be here, man. I donít give a damn who wins or loses. Itís just wonderful to be here with you people. https://wizardofvegas.com/forum/gambling/betting-systems/33908-the-adventures-of-mdawg/

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