Stock Trading Thread - Page 6 - Zilvia.net Forums | Nissan 240SX (Silvia) and Z (Fairlady) Car Forum

BustedS13 · 08-23-2008, 01:49 AM

Quote:

Originally Posted by s0apgun

okay, so when you say 3% goal, you're talking 3% while holding shares for ATLEAST one week

right?

it can happen that way, but i frequently sell stock the same week i buy.
edit: actually, i've gotten away with a couple round trips in one day on my own account.

0100 · 01-31-2011, 06:55 AM

I bought five 80 call option contracts two weeks ago for 0.50 each.

Exxon Destroys Earnings (XOM) | Benzinga.com

Fuck yeah!!!!!!!!!!!!!

This should pop, I am so pumped I got in early. There is some big time resistance at 80 though, so it might be tough busting through.

ZilviaKid · 01-31-2011, 08:08 AM

hey busted look what xrm is at now, 20 bones.

shoulda gone in for the long haul

initial_jc · 02-01-2011, 12:05 AM

anyone do options?

Im paper trading them right untill i can save up to cover margin

0100 · 02-01-2011, 01:55 AM

Quote:

Originally Posted by initial_jc

anyone do options?

Im paper trading them right untill i can save up to cover margin

I do! With the leverage they provide it's definitely the way to go, but they do have their risk. Make sure you read up on how to trade them. Paper trading is a very smart move.

Who are you trading with?

I am with tradeking and they are pretty good for options.

[email protected] · 02-01-2011, 02:23 AM

really digging micron tech, low budget technology stocks ftw.

initial_jc · 02-01-2011, 12:10 PM

Im trying thinkorswim, and the paper trade with CBOE.

Whats your reasoning when you sell an option?

0100 · 02-01-2011, 03:42 PM

Quote:

Originally Posted by initial_jc

Im trying thinkorswim, and the paper trade with CBOE.

Whats your reasoning when you sell an option?

My brother is with thinkorswim and has nothing but good things to say about them. I have always wanted to try them, just been with tradeking so long never got around to trying them. I am definitely going to try them at some point. Let me know what you think of them.

What do you mean by your question, sorry kinda confused. You mean why do you sell vs let the option expire? Or are you talking going short (put option)?

I ended up buying another 5 contract of feb 19th 85 calls on XOM this morning on the cheap. XOM already popped to 84 with plenty of days left before expiration. The 80 calls I bought for $0.50 are now trading at $4.00!!!!!!!!!

When I posted about earning a couple days ago XOM was at 79 it's now at 84. I hope some of you guys bought some calls that day.

initial_jc · 02-01-2011, 10:18 PM

I mean like what piece of news or whatever info or hunch triggers you to want to sell or buy any put or call.

I buy or sell before confrence calls and sell iron condors so even if bad or good news i profit.

0100 · 02-02-2011, 12:20 AM

For me I use mainly technical analysis to buy and sell. I use support and resistance levels that I draw on a chart, Bollinger Bands, Fibonacci levels, etc etc.

I really like looking at japanese candlestick charts. Read up on them if you have never looked at them. Lots of bull and bear signals can be seen in a candlestick chart.

That said I still look at the other two types of analysis (Fundamental and Sentimental). A chart isn't going to tell you if some crazy bad news is going to come out. So you have to stay on top of it. Also with an oil stock news like what is going on in egypt and what oil is trading at is a good idea to know.

Iron condors and other strategies like it are great on a neutral stock. Just be sure you are not doing it on stock that is trending in either direction cause you will lose, unless you roll one side.

daftphunk · 02-02-2011, 03:08 AM

I'm thinking about making the dive into the stock market. Will definitely keep tabs on this thread.

Should I just open an account at Charles Schwab? There's one right next to my work.

driftsilvias13 · 02-02-2011, 09:12 AM

Quote:

Originally Posted by daftphunk

I'm thinking about making the dive into the stock market. Will definitely keep tabs on this thread.

Should I just open an account at Charles Schwab? There's one right next to my work.

My suggestion is to start paper trading first to get an idea of how things work. Its real time but just with fake money. Try the simulator.
investopedia.com has one

0100 · 02-22-2011, 07:49 AM

Quote:

Originally Posted by 0100

When I posted about earning a couple days ago XOM was at 79 it's now at 84. I hope some of you guys bought some calls that day.

This stock is a machine!!!!!

It's now sitting at 86+ on 2/22 9:45am

ksemar · 02-24-2011, 09:53 AM

Anybody have trouble with investopedia? It might be becuase my internet is really slow but for some reason it always says my pw and username are wrong. Have to click links like ten times and refresh just to get to trade stock page. Might just be me.

KOUKIboy · 02-24-2011, 10:04 AM

I've thinking about buying stocks for a long time know, seems that its a risky venture, but it could also pay off. This is my first time buying, who do you guys recommend buying from, I was thinking of buying small shares from a known company such as Nike,Boeing, etc....What do u guys think?? I don't have too much expertise on finances.....

0100 · 02-27-2011, 12:50 AM

Quote:

Originally Posted by KOUKIboy

I've thinking about buying stocks for a long time know, seems that its a risky venture, but it could also pay off. This is my first time buying, who do you guys recommend buying from, I was thinking of buying small shares from a known company such as Nike,Boeing, etc....What do u guys think?? I don't have too much expertise on finances.....

Before putting any money into the market I would read till your eyes bleed. Bunch of sites that explain how the markets work. Read, read and read... and when you think you know enough, read some more. Start paper trading, bunch of sites that you can do this on. In the end it's just glorified gambling.

I have been making bank on XOM but it's really starting to make me nervous as of late. It's whipsawing like crazy. I think I am going to trade AMD for a bit. Plan on buying some calls on monday.

pink godzila · 02-27-2011, 01:13 AM

0100, any good stock you recommand for short and long term?

Wongger · 02-27-2011, 09:02 AM

I have been paper trading for awhile now, and been doing decently, what online sites do you use for trading? Few of my friends are using e trade, and some are using schwab.

Also, whats a good starting limit to invest. I don't want to lose a shit load of money, but I want enough to make a decent gain.

0100 · 02-28-2011, 12:49 AM

Quote:

Originally Posted by pink godzila

0100, any good stock you recommand for short and long term?

Oh man that is one thing I hate to do. I am probably the worst stock picker. The reason I hate to give stock picks is because I would feel terrible if my pick went in the wrong direction, and they do at times. I don't trade stocks long term so really can't help there. I think an oil stock like XOM is a good long term solid company to hold but not sure I would buy now. Looking at charts it seems overbought. Next charge up I think I am going to dump my shares of it, who know though it could keep trucking on up to 100 by summer. Maybe on a pull back I might buy some more options. Way too scared to short this with all the stuff going on in the mid east. Bent crude is above $114 just now this early monday AM, all due to Libya, which should be great for oil stocks this AM. XOM should see a pop today but sometimes OIL price and OIL stocks don't go hand and hand. If you got balls trade straight oil right now, but be prepared to loose your shirt or make major bank. Other stuff I am looking at is AMD and NFLX (off a major pop). I am usually only in a stock or option from a day to 4 weeks tops. Not really into the fundamentals of a company as I am not holding them for a long time. More intereasted in the technicals to find a stock that is trending up or down. Are you more intereasted in speculating (like me) or investing?

Quote:

Originally Posted by Wongger

I have been paper trading for awhile now, and been doing decently, what online sites do you use for trading? Few of my friends are using e trade, and some are using schwab.

Also, whats a good starting limit to invest. I don't want to lose a shit load of money, but I want enough to make a decent gain.

Paper trading is good, the only thing it is missing is the fear. Once you have your real money on the line it makes you do stupid things.

I use tradeking, and also just opened an account with thinkorswim but haven't funded it yet, but they are suppose to be very good. I really like tradeking. I also play in the forex market when I'm feeling insane. I use AAAfx which have been great and offer a 200:1 leverage. Yeah that's enough leverage to hang yourself.

Amount of money... That is up to you, but I wouldn't put any money in the market that you wouldn't mind burning. With options and forex you can make a lot more on a lot less due to the leverage, but you can also lose a lot much faster than trading stocks.

Wongger · 02-28-2011, 01:08 PM

I have heard of AAAfx, but have never personally tried it out. Opening up a demo account now to test it out. I dont know much about it at all

Thanks for the advice!

0100 · 02-28-2011, 03:19 PM

Cool, when you play with the demo account, be realistic with the amount of fake money you fund the demo account with. It will give you a more realistic view.

Read this from preschool to graduation and you should be good. Forex Training Online: Learn Foreign Exchange (FX) Currency Trading

0100 · 04-28-2011, 01:58 AM

XOM earning this AM...

01-31-2011, 06:55 AM	#152
0100 Zilvia FREAK! Join Date: Nov 2003 Location: New England Posts: 1,581 Trader Rating: (12) Feedback Score: 12 reviews	I bought five 80 call option contracts two weeks ago for 0.50 each. Exxon Destroys Earnings (XOM) \| Benzinga.com Fuck yeah!!!!!!!!!!!!! This should pop, I am so pumped I got in early. There is some big time resistance at 80 though, so it might be tough busting through. __________________ TougeHero.com l SilviaV8forums.com

01-31-2011, 08:08 AM	#153
ZilviaKid Zilvia FREAK! Join Date: Sep 2007 Location: Toronto Age: 32 Posts: 1,440 Trader Rating: (0) Feedback Score: 0 reviews	hey busted look what xrm is at now, 20 bones. shoulda gone in for the long haul __________________ 1989 Nissan 240sx - Hatch - Sr 2006 Honda Ruckus - Fat & Low

02-01-2011, 02:23 AM	#156
[email protected] Advertiser Join Date: Dec 2010 Location: Los Angeles, CA (91423) Age: 31 Posts: 478 Trader Rating: (87) Feedback Score: 87 reviews	really digging micron tech, low budget technology stocks ftw. __________________ LIKE 9K Racing On Facebook for discount and product updates. http://www.facebook.com/9KRacing Contact 9K racing for any of your tuning or modifying needs.

02-24-2011, 10:04 AM	#165
KOUKIboy Post Whore! Join Date: Jan 2007 Location: Arizona Age: 34 Posts: 2,608 Trader Rating: (23) Feedback Score: 23 reviews	I've thinking about buying stocks for a long time know, seems that its a risky venture, but it could also pay off. This is my first time buying, who do you guys recommend buying from, I was thinking of buying small shares from a known company such as Nike,Boeing, etc....What do u guys think?? I don't have too much expertise on finances..... __________________ [SIGPIC][/SIGPIC] http://wheelflip.com/r/Wheelwhore87

02-28-2011, 03:19 PM	#171
0100 Zilvia FREAK! Join Date: Nov 2003 Location: New England Posts: 1,581 Trader Rating: (12) Feedback Score: 12 reviews	Cool, when you play with the demo account, be realistic with the amount of fake money you fund the demo account with. It will give you a more realistic view. Read this from preschool to graduation and you should be good. Forex Training Online: Learn Foreign Exchange (FX) Currency Trading __________________ TougeHero.com l SilviaV8forums.com

02-01-2011, 12:05 AM	#154
initial_jc Zilvia Junkie Join Date: Nov 2004 Location: Bakersfield Age: 33 Posts: 549 Trader Rating: (3) Feedback Score: 3 reviews	anyone do options? Im paper trading them right untill i can save up to cover margin

02-01-2011, 12:10 PM	#157
initial_jc Zilvia Junkie Join Date: Nov 2004 Location: Bakersfield Age: 33 Posts: 549 Trader Rating: (3) Feedback Score: 3 reviews	Im trying thinkorswim, and the paper trade with CBOE. Whats your reasoning when you sell an option?

02-01-2011, 10:18 PM	#159
initial_jc Zilvia Junkie Join Date: Nov 2004 Location: Bakersfield Age: 33 Posts: 549 Trader Rating: (3) Feedback Score: 3 reviews	I mean like what piece of news or whatever info or hunch triggers you to want to sell or buy any put or call. I buy or sell before confrence calls and sell iron condors so even if bad or good news i profit.

02-02-2011, 12:20 AM	#160
0100 Zilvia FREAK! Join Date: Nov 2003 Location: New England Posts: 1,581 Trader Rating: (12) Feedback Score: 12 reviews	For me I use mainly technical analysis to buy and sell. I use support and resistance levels that I draw on a chart, Bollinger Bands, Fibonacci levels, etc etc. I really like looking at japanese candlestick charts. Read up on them if you have never looked at them. Lots of bull and bear signals can be seen in a candlestick chart. That said I still look at the other two types of analysis (Fundamental and Sentimental). A chart isn't going to tell you if some crazy bad news is going to come out. So you have to stay on top of it. Also with an oil stock news like what is going on in egypt and what oil is trading at is a good idea to know. Iron condors and other strategies like it are great on a neutral stock. Just be sure you are not doing it on stock that is trending in either direction cause you will lose, unless you roll one side.

02-02-2011, 03:08 AM	#161
daftphunk Zilvia Addict Join Date: Feb 2010 Location: Seattle, WA Posts: 767 Trader Rating: (8) Feedback Score: 8 reviews	I'm thinking about making the dive into the stock market. Will definitely keep tabs on this thread. Should I just open an account at Charles Schwab? There's one right next to my work.

02-24-2011, 09:53 AM	#164
ksemar Join Date: May 2008 Location: Georgia Posts: 22 Trader Rating: (0) Feedback Score: 0 reviews	Anybody have trouble with investopedia? It might be becuase my internet is really slow but for some reason it always says my pw and username are wrong. Have to click links like ten times and refresh just to get to trade stock page. Might just be me.

02-27-2011, 01:13 AM	#167
pink godzila Post Whore! Join Date: Dec 2007 Location: SoCal / Japan Tokyo Posts: 4,179 Trader Rating: (226) Feedback Score: 226 reviews	0100, any good stock you recommand for short and long term?

02-27-2011, 09:02 AM	#168
Wongger Zilvia Member Join Date: Oct 2008 Location: ONT Canada Age: 31 Posts: 153 Trader Rating: (0) Feedback Score: 0 reviews	I have been paper trading for awhile now, and been doing decently, what online sites do you use for trading? Few of my friends are using e trade, and some are using schwab. Also, whats a good starting limit to invest. I don't want to lose a shit load of money, but I want enough to make a decent gain.

02-28-2011, 01:08 PM	#170
Wongger Zilvia Member Join Date: Oct 2008 Location: ONT Canada Age: 31 Posts: 153 Trader Rating: (0) Feedback Score: 0 reviews	I have heard of AAAfx, but have never personally tried it out. Opening up a demo account now to test it out. I dont know much about it at all Thanks for the advice!

04-28-2011, 01:58 AM	#172
0100 Zilvia FREAK! Join Date: Nov 2003 Location: New England Posts: 1,581 Trader Rating: (12) Feedback Score: 12 reviews	XOM earning this AM...

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