BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read
BIMMERPOST Universal Forums Off-Topic Discussions Board Stock market tips and experiences

Post Reply
 
Thread Tools Search this Thread
      05-03-2011, 09:50 AM   #1035
greycrx87
First Lieutenant
greycrx87's Avatar
United_States
79
Rep
314
Posts

Drives: 2011 AW E92 ZCP
Join Date: May 2010
Location: Chicago, IL

iTrader: (0)

I see SLV going down to 39.23 if it closes below 20-MA, that would equal to 38.2% Fibonacci Retracement.
Attached Images
 
__________________
Kobieta mnie bije
Appreciate 0
      05-03-2011, 11:41 AM   #1036
stylinexpat
Major
stylinexpat's Avatar
413
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by greek335xi View Post
put all play money in MIPS or REDF?

please let me know before tmrw haha

This is why I never touch stocks like these REDF .

http://www.google.com/finance?q=NASDAQ:REDF
Appreciate 0
      05-03-2011, 11:42 AM   #1037
stylinexpat
Major
stylinexpat's Avatar
413
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by greycrx87 View Post
I see SLV going down to 39.23 if it closes below 20-MA, that would equal to 38.2% Fibonacci Retracement.

I was thinking around $40 if it breaks under $40 then to about $38.
Appreciate 0
      05-03-2011, 12:23 PM   #1038
AngelinIsRich08
Banned
United_States
61
Rep
708
Posts

Drives: '11 X5M, '09 CTS
Join Date: Jan 2011
Location: St. Louis, MO

iTrader: (0)

I'm getting into this SLV thing now. But unfortunately I bought in at $43.92. Now it's $41.9x.
Appreciate 0
      05-03-2011, 12:56 PM   #1039
stylinexpat
Major
stylinexpat's Avatar
413
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by AngelinIsRich08 View Post
I'm getting into this SLV thing now. But unfortunately I bought in at $43.92. Now it's $41.9x.

Wrong time to have gotten in. Will drop further wait before adding to your position to average down.
Appreciate 0
      05-03-2011, 12:58 PM   #1040
M3Bahn
Lieutenant
M3Bahn's Avatar
321
Rep
483
Posts

Drives: M3
Join Date: Mar 2011
Location: ATL

iTrader: (0)

Quote:
Originally Posted by ferrari355fi View Post
for the first time in a very long time, I only have long term positions open with no plans in the near future to open any short term. It is amazing how relaxed and clear minded I am. Never realized how much day trading effected me until now.
Yeah exactly why I stopped doing it and too much market manipulation going on as well.
Appreciate 0
      05-03-2011, 12:59 PM   #1041
stylinexpat
Major
stylinexpat's Avatar
413
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

ZSL is on a nice run today.
Appreciate 0
      05-03-2011, 01:34 PM   #1042
Chowbow
pew pew
166
Rep
6,781
Posts

Drives: 三三五i
Join Date: Aug 2007
Location: CA

iTrader: (6)

Garage List
Quote:
Originally Posted by stylinexpat View Post
ZSL is on a nice run today.
Damnit I knew I should have bought it this AM. I wouldn't hold it for long but damn, those were some gains today.
__________________
CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
Appreciate 0
      05-03-2011, 02:06 PM   #1043
ES_TRADER
Colonel
343
Rep
2,928
Posts

Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

iTrader: (3)

Garage List
2014 Ford Raptor  [0.00]
2012 328i E92  [10.00]
2013 X5  [0.00]
2013 335i F30  [8.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [10.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
PAYDAY!! ...SLV...loving ever second of it! +700% yest...another +333% today...ill take it
Appreciate 0
      05-03-2011, 02:36 PM   #1044
stylinexpat
Major
stylinexpat's Avatar
413
Rep
1,427
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by richpuer View Post
PAYDAY!! ...SLV...loving ever second of it! +700% yest...another +333% today...ill take it

What puts did you buy?
Appreciate 0
      05-03-2011, 03:31 PM   #1045
Patrick303
Lieutenant
Patrick303's Avatar
United_States
672
Rep
474
Posts

Drives: F36 440i GC
Join Date: Jan 2011
Location: Denver, CO

iTrader: (2)

Garage List
Sometimes I don't know what is more gratifying....making a nice profit on a good stock pick, or selling a stock right before it pulls back.

I sold SLV and CHK right before they both fell over 5% today.
__________________
2024 Porsche Taycan 4S
2017 440i xDrive Gran Coupe M Sport
2017 Ducati Monster 821
Appreciate 0
      05-03-2011, 04:22 PM   #1046
Dr. G
Major General
Dr. G's Avatar
277
Rep
5,062
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
5 figure losses on the day.... not a happy camper!

I don't want to panic and sell, but I feel like I could possibly cut some losses.

Any advice? Maybe I should selectively unload some heavy losers and wait for them to bottom out and then reload them to cash in on the "bounce back" that hopefully will occur?
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-03-2011, 04:30 PM   #1047
nnnnnnnnnnnnnnnnnnnnnn
Lieutenant
United_States
108
Rep
465
Posts

Drives: 1
Join Date: Jan 2008
Location: 2

iTrader: (0)

Quote:
Originally Posted by Dr. G View Post
5 figure losses on the day.... not a happy camper!

I don't want to panic and sell, but I feel like I could possibly cut some losses.

Any advice? Maybe I should selectively unload some heavy losers and wait for them to bottom out and then reload them to cash in on the "bounce back" that hopefully will occur?
I'm assuming this is about silver, right. Did you buy stocks or options?
Appreciate 0
      05-03-2011, 04:32 PM   #1048
Dr. G
Major General
Dr. G's Avatar
277
Rep
5,062
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
Quote:
Originally Posted by ferrari355fi View Post
I'm assuming this is about silver, right. Did you buy stocks or options?
Actaully I'm not even in silver... A couple related companies though. Major losses came from just stocks, I can hold on and just be patient pretty sure they will recover, but then again I'm considering selling and rebuying at a lower price to increase my profit margins.... although now that I think about it, this could be a risky play because there's not telling when the bounce back will be.
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-03-2011, 04:38 PM   #1049
rallysport
New Member
rallysport's Avatar
Canada
2
Rep
14
Posts

Drives: bmw 128i
Join Date: Apr 2010
Location: Ontario

iTrader: (0)

Damn, i never hold through earnings but felt Suncor was a good bet this time. Talk about being wrong on that one even though they beat expectations lol
Appreciate 0
      05-03-2011, 04:39 PM   #1050
Dr. G
Major General
Dr. G's Avatar
277
Rep
5,062
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
Quote:
Originally Posted by rallysport View Post
Damn, i never hold through earnings but felt Suncor was a good bet this time. Talk about being wrong on that one even though they beat expectations lol
SAAMEE SAAAMEE
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-03-2011, 04:40 PM   #1051
ES_TRADER
Colonel
343
Rep
2,928
Posts

Drives: 328i, 335i, M3, 535i, X5, 36M
Join Date: Oct 2010
Location: OC

iTrader: (3)

Garage List
2014 Ford Raptor  [0.00]
2012 328i E92  [10.00]
2013 X5  [0.00]
2013 335i F30  [8.00]
1990 Toyota Previa  [0.00]
1997 E36 M3  [10.00]
2011 E92 M3  [0.00]
2011 535i  [0.00]
Quote:
Originally Posted by stylinexpat View Post
Quote:
Originally Posted by richpuer View Post
PAYDAY!! ...SLV...loving ever second of it! 700% yest...another 333% today...ill take it

What puts did you buy?
Otm calendar spread x's are 35, 30, and 22. Heavy. Took off 1/4 today for windfall.
Appreciate 0
      05-03-2011, 04:41 PM   #1052
nnnnnnnnnnnnnnnnnnnnnn
Lieutenant
United_States
108
Rep
465
Posts

Drives: 1
Join Date: Jan 2008
Location: 2

iTrader: (0)

Quote:
Originally Posted by Dr. G View Post
Actaully I'm not even in silver... A couple related companies though. Major losses came from just stocks, I can hold on and just be patient pretty sure they will recover, but then again I'm considering selling and rebuying at a lower price to increase my profit margins.... although now that I think about it, this could be a risky play because there's not telling when the bounce back will be.
That is not a good way of thinking. That thinking is like a gambler in Vegas. He is down a lot, but thinks he can make up for it if he wins just one more time. Almost everyone would think that guy is nuts. Treat every trade separately. Don't try to make up for your losses because you most likely will make knee jerk trades that could lose you more. If the stock goes to zero, and you lose all of that money, would you be putting your future or overall finances in danger? If no, just hold. If yes, you are playing with fire.
Appreciate 0
      05-03-2011, 04:47 PM   #1053
Dr. G
Major General
Dr. G's Avatar
277
Rep
5,062
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
Quote:
Originally Posted by ferrari355fi View Post
That is not a good way of thinking. That thinking is like a gambler in Vegas. He is down a lot, but thinks he can make up for it if he wins just one more time. Almost everyone would think that guy is nuts. Treat every trade separately. Don't try to make up for your losses because you most likely will make knee jerk trades that could lose you more. If the stock goes to zero, and you lose all of that money, would you be putting your future or overall finances in danger? If no, just hold. If yes, you are playing with fire.
I've held my holdings through every downturn so far and always come out back on top eventually... but never had such a big loss in a single day so I'm kind of in a state of shock and disbelief, especially consider I was making solid income daily up until today. I could lose every penny I have invested and it wouldn't impact me in any way, but I sure as hell would be depressed about it and am not looking to try and experience it haha. I will just sit tight and be happy that I'm still well on top and take into consideration that today's losses were just a part of the game/risk.

My holdings are not very likely to goto 0 since they are all major companies, I will just suck up todays losses and be happy for my gains. I'm no longer in panic mode, shit happens right? LOL.... maybe I'm just trying to feel better.

I will now do some analysis and make some decisions for the rest of the week.
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-03-2011, 06:21 PM   #1054
Chowbow
pew pew
166
Rep
6,781
Posts

Drives: 三三五i
Join Date: Aug 2007
Location: CA

iTrader: (6)

Garage List
Quote:
Originally Posted by Dr. G View Post
I've held my holdings through every downturn so far and always come out back on top eventually... but never had such a big loss in a single day so I'm kind of in a state of shock and disbelief, especially consider I was making solid income daily up until today. I could lose every penny I have invested and it wouldn't impact me in any way, but I sure as hell would be depressed about it and am not looking to try and experience it haha. I will just sit tight and be happy that I'm still well on top and take into consideration that today's losses were just a part of the game/risk.

My holdings are not very likely to goto 0 since they are all major companies, I will just suck up todays losses and be happy for my gains. I'm no longer in panic mode, shit happens right? LOL.... maybe I'm just trying to feel better.

I will now do some analysis and make some decisions for the rest of the week.
Luckily you don't need the money to survive - which is what I think money in the stock market should be (expendable income). I mean it would suck if I lost the money I have invested but I wouldn't be suicidal and I wouldn't have to change my way of life. OK, maybe I'd buy less toys from the gains.

I usually set a trailing stop loss on all my positions to reduce the amount of bleeding. If something starts plummeting, I try to get out around 10-20% down, and it really depends on the stock. Plus, if you've held the stock for a while and it's made steady gains, the triggered stop loss might still put you in the positive, just not AS positive as if you sold higher. Sometimes it'll be a bad move, but I generally like to think that if I have to hold onto something for a very long time in order to break even, that my money could have been used elsewhere for gain. Hence I just cut out early even if it's at a small loss, and consider the opportunity cost of having my money elsewhere.
__________________
CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
Appreciate 0
      05-03-2011, 06:35 PM   #1055
Dr. G
Major General
Dr. G's Avatar
277
Rep
5,062
Posts

Drives: Black e92 335i
Join Date: Apr 2010
Location: Brampton, Ontario

iTrader: (32)

Garage List
e92 BMW 335i  [8.84]
Quote:
Originally Posted by Chowbow View Post
Luckily you don't need the money to survive - which is what I think money in the stock market should be (expendable income). I mean it would suck if I lost the money I have invested but I wouldn't be suicidal and I wouldn't have to change my way of life. OK, maybe I'd buy less toys from the gains.

I usually set a trailing stop loss on all my positions to reduce the amount of bleeding. If something starts plummeting, I try to get out around 10-20% down, and it really depends on the stock. Plus, if you've held the stock for a while and it's made steady gains, the triggered stop loss might still put you in the positive, just not AS positive as if you sold higher. Sometimes it'll be a bad move, but I generally like to think that if I have to hold onto something for a very long time in order to break even, that my money could have been used elsewhere for gain. Hence I just cut out early even if it's at a small loss, and consider the opportunity cost of having my money elsewhere.
Haha yup! I was looking into a turbo upgrade, but I will put that on hold for now due to today's losses. I only play with enough money I can afford to lose with no impact on my day to day life. Early on I used to hang on to try to break even, only to realize if I had just sold and bought into something else, I could have made the losses back a LOT quicker.

I'm still VERY VERY well in the positive in my holdings... I just lost a pretty big chunk in one day so it's quite bothersome. The chunk could have paid for every mod possibly for my e92... maybe I should have sold and just modded haha. But oh well.. I've decided to hold out for the rest of the week and see how things go and then make some moves near the end of the week.
__________________
JB4 / OSS Angel Eyes / Downpipes / F1-Racewerks FMIC / Custom Meth Kit / BMS DCI / ER Chargepipe / HKS BOV / BMS Meth Elbow / BMW Performance Exhaust / Carbon Fiber Inlay Quad Tips / 19" Miro 111 / Front Aero Lip / M3 Sides / VRS CSL Trunk / Mtech Rear / DD CF Quad Finned Diffuser / LCI Tails / BBK / Smoked Reflectors / F1 Euphoria LED Interior / License LED's / GT 5000k Corners / 5000k HID Fogs / Air Scoops / LED Turn Signals / FK Silverline Coilovers / HPA endlinks / Vibrant Resonators / Osram CBI 5000k D1S
Appreciate 0
      05-03-2011, 06:45 PM   #1056
Chowbow
pew pew
166
Rep
6,781
Posts

Drives: 三三五i
Join Date: Aug 2007
Location: CA

iTrader: (6)

Garage List
Quote i just read... "Like Jesse Livermore says, it's not the buying or the selling, but the holding that makes you all your money."
__________________
CSL replicas are now CSL counterfeits. Jesus saves, like Valentine1.
Appreciate 0
Post Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT -5. The time now is 07:22 AM.




bmw
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST