Thread Rating:

DRich
DRich
Joined: Jul 6, 2012
  • Threads: 75
  • Posts: 7359
April 19th, 2021 at 11:26:11 AM permalink
COIN will continue to be volatile for a while as they did not allocate any shares for sale. They did a direct offering so the only shares available to trade are the ones the insiders are selling.
Order from chaos
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 18
  • Posts: 2469
April 20th, 2021 at 9:20:40 AM permalink
Quite a few AMZN trades today
3361 to 3365
3357 to 3359
Bot three separate lots (uneven share amounts)
3348 , 3335 , 3321
Sold some at 3349 (partial fill) rest at 3332. (Buying on dips is not dead, averaging in works.)

Booked!
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.
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 18
  • Posts: 2469
April 20th, 2021 at 10:14:01 PM permalink
Bot a lot of trading shares of NFLX @ 495 in the AH. Looking for at least 505 tomorrow.
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.
Wellbush
Wellbush
Joined: Mar 23, 2021
  • Threads: 4
  • Posts: 388
April 21st, 2021 at 7:19:13 AM permalink
You know you may be able to accelerate your investment returns, MD, by investing in options. I understand you may not have time to understand or invest therein, but there are subscription services who can do all the work for you.

One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?
Only gamble 'a little' for fun, or, if 'you know' you can win.
MDawg
MDawg
Joined: Sep 27, 2018
  • Threads: 18
  • Posts: 2469
Thanks for this post from:
Wellbush
April 21st, 2021 at 7:37:32 AM permalink
I trade some of the same stocks I hold very long term. I trade additional shares on top of what I hold very long term.

Last night I got NFLX at 495, sold at 515 today (actually got the high for the day). Re-bot NFLX 505, sold 510.

TSLA, 698 to 701 - got the low for the day there and sold too soon.

I have traded options in the past but not with my nearly 100% success rate as with trading stocks. That 30% figure you mention there would not apply to me. For me to put 30% of my accounts into options at any given time would probably drive the price of the given option through the roof. And would not be that smart - would represent simply too much money put at risk.

I prefer the actual stock. If things go against me time is on my side, and I just average in or ride it out and the stocks I trade always come back to give me a profit.

I suspect that any options trader who had the funds to trade the actual stock would prefer to trade the actual stock. I believe that most options traders can't afford to trade the stock so they gamble on trying to make a lot with a little.

I may be a day trader / swing trader but I am actually pretty conservative in my goals.
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.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 110
  • Posts: 7881
April 21st, 2021 at 8:19:10 AM permalink
Quote: Wellbush

You know you may be able to accelerate your investment returns, MD, by investing in options. I understand you may not have time to understand or invest therein, but there are subscription services who can do all the work for you.

One way to protect yourself is to only invest 30% of your capital. This can be done by dividing up the 30% into 15, or more, even investment amounts. Food for thought?



You can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....

I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?
darkoz
darkoz
Joined: Dec 22, 2009
  • Threads: 255
  • Posts: 8097
April 21st, 2021 at 9:16:13 AM permalink
Quote: SOOPOO

You can't come up with $2k to pillage the casinos but you can figure out how to help a long term, million dollar a position investor, like MDawg? Thanks for the advice. Your deep insight into MDawg's finances to teach him how to 'protect himself' by only investing "30% of his capital' is a golden nugget of advice. Please tell us what to do with his other 70%.....

I did make a trade today! BETZ in and BETZ out for a +$160! I lost a bunch over the last two days but it was probably proportional to the overall market. Still underwater on NAK, NOK, and now NBEV. Perhaps I shouldn't buy stocks that start with N?



Well how is Netflix doing?
For Whom the bus tolls; The bus tolls for thee
OnceDear
Administrator
OnceDear
Joined: Jun 1, 2014
  • Threads: 46
  • Posts: 5125
April 21st, 2021 at 10:10:16 AM permalink
Quote: darkoz

Well how is Netflix doing?

FYI... NFLX as of Apr 21 12:48 PM ET
509.74 -39.83 -7.25%

I expect MDawg sold his at 548 or so. $:o)
Take care out there. Spare a thought for the newly poor who were happy in their world just a few days ago, but whose whole way of life just collapsed..
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 110
  • Posts: 7881
April 21st, 2021 at 11:58:13 AM permalink
Quote: OnceDear

FYI... NFLX as of Apr 21 12:48 PM ET
509.74 -39.83 -7.25%

I expect MDawg sold his at 548 or so. $:o)



A few posts back MDawg mentioned he bought at 495. So he must have made a profit as it broke 500. I donít own any Netflix. I made money on two trades today. BETZ mentioned earlier, and TRIP. Itís easy to make money when Dow, Nasdaq, and S&P are all up.
SOOPOO
SOOPOO
Joined: Aug 8, 2010
  • Threads: 110
  • Posts: 7881
April 22nd, 2021 at 7:09:27 AM permalink
So MDawg.... do you ever do this...? I (retirement account so no tax worries) own a stock that I Ďlikeí because it pays a good dividend and is a long term big winner.... O is the symbol. I believe it is now overvalued due to a recent 20% run up for no reason I can ascertain. So today I sold some at $69.90 with the plan to rebuy if it hits $69. It would mean at $69 I own the exact same number of shares I owned before trading but would have an extra $90 per hundred shares. If it never goes back to $69 the bulk of my shares are then up. So it Ďfeelsí like I canít lose....

In the few minutes it took me to post this itís up to $70.05.

  • Jump to: