Disney has a cup and handle formation and is already breaking out. I just saw it. I am pissed i didnt see it earlier but there is still money to be made on it bro
Disney has a cup and handle formation and is already breaking out. I just saw it. I am pissed i didnt see it earlier but there is still money to be made on it bro
I agree on your overall assertion. I mostly short the gaps but if I see a cup and handle I play it to make a few pts.. Anyway, I will give you a play on a very live stock--Artx! Its at 1.97 right now. On a stock such as this, because I can go in and buy 10-20k shares, I usually am very content at .20+ and each 10c it goes up, I move up my order to sell by 10c.
I am not a day trader- I do not like sitting on a position for the weekend if I don't have to, especially long, but I will hold my position till I hit my target..
Good luck on all your investments brother~~~
I agree on your overall assertion. I mostly short the gaps but if I see a cup and handle I play it to make a few pts.. Anyway, I will give you a play on a very live stock--Artx! Its at 1.97 right now. On a stock such as this, because I can go in and buy 10-20k shares, I usually am very content at .20+ and each 10c it goes up, I move up my order to sell by 10c.
I am not a day trader- I do not like sitting on a position for the weekend if I don't have to, especially long, but I will hold my position till I hit my target..
Once orcl breaks 34 its going straight down.. I have a short position so I have time..If you bought put options which expire, you don't have time..I never buy options.
Once orcl breaks 34 its going straight down.. I have a short position so I have time..If you bought put options which expire, you don't have time..I never buy options.
Once orcl breaks 34 its going straight down.. I have a short position so I have time..If you bought put options which expire, you don't have time..I never buy options.
Puts Here
Need your prediction to come thru tomorrow
I sent you a friend request
Need to pm you
Quote Originally Posted by AlphaandOmega:
Once orcl breaks 34 its going straight down.. I have a short position so I have time..If you bought put options which expire, you don't have time..I never buy options.
Artx up 10%! That is equivalent of a $50 stock being up 5 points with the difference being that Artx @1.93 gives you many more shares than a 50 dollar stock does. I expect Artx to be trading at or above $3 next qtr when they announce their earnings again!
Artx up 10%! That is equivalent of a $50 stock being up 5 points with the difference being that Artx @1.93 gives you many more shares than a 50 dollar stock does. I expect Artx to be trading at or above $3 next qtr when they announce their earnings again!
Artx now up 12.5% on the day which is equivalent of a $50 stock being up over 6 pts on the day, with the exception that a 1.90 stock makes you much more money because of the amt of shares you can buy more than the 50 dollar stock
Artx now up 12.5% on the day which is equivalent of a $50 stock being up over 6 pts on the day, with the exception that a 1.90 stock makes you much more money because of the amt of shares you can buy more than the 50 dollar stock
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
you should disclose that you had a predicted time frame to short orcl, which is in previous posts and it did not happen.
Good luck pal!
Quote Originally Posted by AlphaandOmega:
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
you should disclose that you had a predicted time frame to short orcl, which is in previous posts and it did not happen.
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
Now how did I know that at 315pm today the markets would be at their highs and begin to tank? Check out today's intraday graph. https://data.cnbc.com/quotes/QQQ/tab/2
Quote Originally Posted by AlphaandOmega:
There you go-- Disney went to 71 dollars- that is 2 pts up, at 2,000 shares, made my 4,000 i went into the trade expecting to make. I sold despite me believing Dis keeps going up.
Artx hit a high of 2.50 but my target on this stock in $3 in very near future and over 4 dollars possibly even 5 next qtr they report. So I hold my 40,000 shares of this for a while.
Orcl - i shorted it at 34.53 and i still am holding my 2,000 shares short because i know beyond any shadow of a doubt its going back to 32 and possibly 30 and i went into this trade expecting to make 4,000.
I am still short on Gold and will be till it becomes the worthless metal it is.
I am short on Crude and will be for a year because without any doubt, i see crude trading under 80 a barrel by election time in November.
I am waiting till 3:15 pm today and i will be shorting the triple Q's! and I will sit back and enjoy watching the Nasdaq take a dive next week!
Now how did I know that at 315pm today the markets would be at their highs and begin to tank? Check out today's intraday graph. https://data.cnbc.com/quotes/QQQ/tab/2
Making 4k on a 138,000 dollar investment is less than a 3% return.
If you are investing sums like this on a trade, why are you making such paltry returns?
I invested 69k of my money- used 69k of the brokers money. The interest is immaterial being i didn't use their money longer than 2 weeks. So now lets do the math again.. i made 4k on 69k in 12 days. That is 6% in less than 2 weeks. over the course of a year,when we compound the interest, that is a nice paycheck.
Quote Originally Posted by wallstreetcappers:
Your ROR on that DIS trade is not good.
2000 shares * 69 bucks is 138,000 bucks
Making 4k on a 138,000 dollar investment is less than a 3% return.
If you are investing sums like this on a trade, why are you making such paltry returns?
I invested 69k of my money- used 69k of the brokers money. The interest is immaterial being i didn't use their money longer than 2 weeks. So now lets do the math again.. i made 4k on 69k in 12 days. That is 6% in less than 2 weeks. over the course of a year,when we compound the interest, that is a nice paycheck.
In actuality, i didnt even risk 69k because i had a stop order in at 67. So in truth, I risked 4,000 to make 4,000 which =100% return in less than 2 weeks.
Using day traders margin(4x your money in your acct) is russian roulette, being you have to close your position that same day, which is why day traders lose their shirts.
Using regular Margin with stop orders trading on graphs and Hedge Fund moves allows one to maximize their profits using other people's money, without worrying about paying high interest rates, because at most you are going to hold a position for a month.
One doesn't need a whole lot of money to make money in the Markets.. one can start with just 25k and if they avg 12% a month, compounding the interest over a year, and they are accumulating very rapidly more buying power.
Heck, if someone had just 19,000 2 weeks ago, they would own 10,000 shares of artx. They could have dumped it today at 2.40 and have 24,000 in their act. Even if you didn't sell, you have 22, 500 in your act, 3,500 more than you had.
A very wise man told me this--- if you learn how to average 5% interest a week, compounded over a course of a year, and you will have a hefty return on your money.
10k at 5% over the course of 2yrs =1.5 million! I am more than content with even half that especially being that I started with a little more than just 10k.
In actuality, i didnt even risk 69k because i had a stop order in at 67. So in truth, I risked 4,000 to make 4,000 which =100% return in less than 2 weeks.
Using day traders margin(4x your money in your acct) is russian roulette, being you have to close your position that same day, which is why day traders lose their shirts.
Using regular Margin with stop orders trading on graphs and Hedge Fund moves allows one to maximize their profits using other people's money, without worrying about paying high interest rates, because at most you are going to hold a position for a month.
One doesn't need a whole lot of money to make money in the Markets.. one can start with just 25k and if they avg 12% a month, compounding the interest over a year, and they are accumulating very rapidly more buying power.
Heck, if someone had just 19,000 2 weeks ago, they would own 10,000 shares of artx. They could have dumped it today at 2.40 and have 24,000 in their act. Even if you didn't sell, you have 22, 500 in your act, 3,500 more than you had.
A very wise man told me this--- if you learn how to average 5% interest a week, compounded over a course of a year, and you will have a hefty return on your money.
10k at 5% over the course of 2yrs =1.5 million! I am more than content with even half that especially being that I started with a little more than just 10k.
I invested 69k of my money- used 69k of the brokers money. The interest is immaterial being i didn't use their money longer than 2 weeks. So now lets do the math again.. i made 4k on 69k in 12 days. That is 6% in less than 2 weeks. over the course of a year,when we compound the interest, that is a nice paycheck.
Yes when you make a good trade you can analyze it all day long like that, but you arent going to make 5% a week every week, plus you are sitting on a loser which you arent factoring in plus you are on margin for that trade..
Just be clear and honest, most people arent going to toss around 70k margined to make 4k on this forum.
Quote Originally Posted by AlphaandOmega:
I invested 69k of my money- used 69k of the brokers money. The interest is immaterial being i didn't use their money longer than 2 weeks. So now lets do the math again.. i made 4k on 69k in 12 days. That is 6% in less than 2 weeks. over the course of a year,when we compound the interest, that is a nice paycheck.
Yes when you make a good trade you can analyze it all day long like that, but you arent going to make 5% a week every week, plus you are sitting on a loser which you arent factoring in plus you are on margin for that trade..
Just be clear and honest, most people arent going to toss around 70k margined to make 4k on this forum.
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