Finally took the plunge. I have seen my money do nothing for me the past 5 years. Just signed up on tradeking. It takes 3 days for funds to transfer. As you can see, I'm a noob. Any and all advise is appreciated. What kind of stocks should I invest in? Oil and gas because of the market? Where can I read up on being successful and how to go about this? Thanks
I closed the first leg of this short at 30 ticks profit earlier today on average at 1171. I'm holding onto the rest for a little bit longer. Trade was annoying as heck because it took a lot longer to make this move than expected.
Anyone else from ClutchFans on StockTwits? Basically a social hub to talk about companies and trades, great place to do some market sentiment research and get a feel for how normal traders are looking at a company (not big institutional traders). Being on there brought me into UWTI/DWTI which has been a nice money maker for me the past few months but is obviously a very volatile and tricky trade.
I had MSFT too and sold. I bought puts on MSFT to fill the double gaps from the past 2 earnings. I also bought puts on Japan EWJ and holding calls on HPQ gap play. What do ya think?
I also bought Nov calls on AERI after the large gap down around $12. Getting killed on this position so far.
If you don't have a twitter account, create one and follow people who know extensively about stocks and trading. I think I learned most of my trading strategies following people who post great advise on just trading and markets, and some have excellent knowledge on specific stocks.
If I knew I would have warned you. AERI is a zero. It'll probably get a small rebound after it finds a bottom, but when Rocket 2 study comes out in a couple of months this will go down to zero
I think it's great To see what other people do but once I have my own strategy u stick to it. I don't listen to others strategies and other outside noise. Their assumptions and risk tolerances are different.
First thing to do is understand the difference between trading and investing and figure out which you want to be doing. What you do next will depend on which of these things you want to be doing. If you're investing, then you want to figure out your risk tolerance and how committed you are to following individual companies. If you're lower on the risk tolerance scale and/or don't want to commit as much time, focus on broader indexes or sectors instead of individual companies. If you're higher on the risk scale and are willing to invest time as well as money, following companies can be a good way to go. If you're trading, it will be a completely different philosophy and strategy.
Here's an example of central banks directly involved in equities market. Swiss national bank and apple http://www.bloomberg.com/news/artic...-in-apple-exxon-in-37-5-billion-u-s-portfolio They are also in the futures markets - I can see their order flow. They are literally printing money out of thin air and buying stocks - insanity
