[stylinexpat]

Originally Posted by Dr. G

Yeah I don't know much about them, always read about them and always see people talking about put/call ratios haha I'll stick with my slowly but surely way for now to be safe.

What do you guys think of First Majestic Silver Corp. ? I wanted to get in around new yrs, but it started not doing so well so I kept waiting out. I was going to buy it after the whole decline the last little while, but I expected the decline to last a bit longer and now its near its high's again.... horribly analysis.. but it's how a home made trader gets things done haha.

I just want to get in on the silver hypee.

Up again today

http://www.google.com/finance?q=NYSE:SLV

Shares are up almost 2% and the weekly calls are up around 45% for the $36 & $37 calls while April monthly ones are up around 25% now.

http://www.google.com/finance/option_chain?q=NYSE:SLV

[stylinexpat]

Originally Posted by Dr. G

To be honest I've gotten lucky and most of my picks came from advice from others. I also never had a huge amount invested and I was trading heavily using money from my margin account. As of late though I've been bouncing around the same total profit for way too long and considering I'm trading on margin its not worth holding onto my current stocks so I'm looking for some new plays.

My by FAR largest holding Las Vegas Sands decided to go south on me as of late so it's been killing any kind of gains I've been making from any of my other holdings.

Suncor Energy and CNQ have been good to me in terms of my entry and exit points, but I feel like my money could get a better return elsewhere.

I'm looking to just go heavy into something with a 10-15% return target. IF anyone wants to discuss in detail just PM me or reply in here... I have a ton on my mind and don't have the time to go through with anything, I really want to get more active in my trading.


Ferrari: I've invested way too much time, energy, money into the doctor business so I have to pull through with it now haha. I'm also no master of the market, I've been considerably lucky with my picks so far and it's not something I'm confident in doing as my main gig.... but using money generated from my daytime job as a doctor to get invested more heavily into the market is the game plan for now.

LVS has been doing quite well these last 3 trading sessions. You should be quite happy today. Did you not buy on the dips?? Up almost 5% as of now at over $40

http://www.google.com/finance?q=NYSE:LVS

[NYCGP]

Originally Posted by stylinexpat

LVS has been doing quite well these last 3 trading sessions. You should be quite happy today. Did you not buy on the dips?? Up almost 5% as of now at over $40

http://www.google.com/finance?q=NYSE:LVS

hard to find a stock that isn't up 5% in the last 3 trading sessions... One point last week the market had completely lost all of its 2011 gains..

[Dr. G]

Yeah the past couple days have been awesome!! Been making a lot of money ... and my want to buy list on my signature tells the whole story haha.

My silver company I was looking into is doing pretty well too... I'm hoping for a slight dip in the pricing so I can buy in heavily.

I want to make a big play in silver, would you recommend just going in heavy on SLV at this entry point?

[BayMoWe335]

What's a lot of money? How much are you guys trading on a daily basis?

I ask because I know so many people who act so hard about trading, but they are buying like 100 shares of BAC and 200 shares of BZH...

[persian54]

Originally Posted by BayMoWe335

What's a lot of money? How much are you guys trading on a daily basis?

I ask because I know so many people who act so hard about trading, but they are buying like 100 shares of BAC and 200 shares of BZH...

A lot of money is relative to the individual

If you make $100 and it's a lot to you, great.

If you make $1000 and it's a lot to you great.

If you make $10k and it's a lot to you great.
Etc.

Also depends if you mean profit or percentage wise

I can have 1 mill and make 1% while you have 1k and make 100%.... who would have made more?

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by BayMoWe335

What's a lot of money? How much are you guys trading on a daily basis?

I ask because I know so many people who act so hard about trading, but they are buying like 100 shares of BAC and 200 shares of BZH...

"act so hard about trading". Hahaha. Never thought I'd hear that sentence...

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by persian54

I can have 1 mill and make 1% while you have 1k and make 100%.... who would have made more?

The people who invest that million into the same stock as the guy with a thousand...

[lace nikks]

Bernie Madoff!

[BayMoWe335]

Originally Posted by persian54

A lot of money is relative to the individual

If you make $100 and it's a lot to you, great.

If you make $1000 and it's a lot to you great.

If you make $10k and it's a lot to you great.
Etc.

Also depends if you mean profit or percentage wise

I can have 1 mill and make 1% while you have 1k and make 100%.... who would have made more?

No question, but people that do this act all distraught when their 100 shares sof BZH @ $5 drops 20 cents. Or it goes to $6 and they are like, "DUDE, I AM UP 20%, I'M SO PRO"...Inside, I'm thinking, anyone can risk $500 on a speculative builder, but you only made $100, $85 minus commission.

True, you have to start somewhere, but I know too many "traders" that go nuts over a couple hundred bucks and tend to talk too much. I never reveal my trades in a social situation where there are people I know. I can say more here since no one knows me personally. Talking about money with friends, co-workers, and family is bad taste.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by BayMoWe335

No question, but people that do this act all distraught when their 100 shares sof BZH @ $5 drops 20 cents. Or it goes to $6 and they are like, "DUDE, I AM UP 20%, I'M SO PRO"...Inside, I'm thinking, anyone can risk $500 on a speculative builder, but you only made $100, $85 minus commission.

True, you have to start somewhere, but I know too many "traders" that go nuts over a couple hundred bucks and tend to talk too much. I never reveal my trades in a social situation where there are people I know. I can say more here since no one knows me personally. Talking about money with friends, co-workers, and family is bad taste.

Proper etiquette says to never talk about politics, religion, or money in the presence of unfamiliar company.


Also, you need to realize that to some people, $500 is a lot of money.

[nnnnnnnnnnnnnnnnnnnnnn]

I mainly gauge my earnings and moves based on percentage instead of dollar based. It makes it a whole lot easier to make quick decisions with rounder numbers. Now if I were to start hiring traders to create a firm, I'd be more interested in percentages than dollars. It doesn't matter at what level a person is trading because 20% profit is always 20% profit. So you can't discount skill/ability solely based on dollars earned. Just a random afterthought I had.

[BayMoWe335]

Originally Posted by ferrari355fi

Proper etiquette says to never talk about politics, religion, or money in the presence of unfamiliar company.


Also, you need to realize that to some people, $500 is a lot of money.

I know everyone has different means. However, I believe that if you think $500 is a lot to invest in the market, you probably shouldn't be trading stocks.

Well, that may be a bit harsh since you have to start somewhere. Maybe I'm just a jerk.

[BMWinNorthdakota]

Idk about you guys... but Im basically a baller.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by BayMoWe335

I know everyone has different means. However, I believe that if you think $500 is a lot to invest in the market, you probably shouldn't be trading stocks.

Well, that may be a bit harsh since you have to start somewhere. Maybe I'm just a jerk.

You aren't a jerk. Trust me. I'm a jerk.

People do things they shouldn't being doing with their money all the time. It just depends on your own personal appetite for risk. To some, that $500 means a lot. To others, if they lose that $500 it was still worth giving it a shot. Those two people could be in the same financial situation, they just have different perspectives.

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by BMWinNorthdakota

Idk about you guys... but Im basically a baller.

I like to play with my balls as I trade. Does that count?

[BMWinNorthdakota]

Originally Posted by ferrari355fi

I like to play with my balls as I trade. Does that count?

pocket pool?? Yaummm, I guess thats pretty baller.

[stylinexpat]

Originally Posted by BayMoWe335

I know everyone has different means. However, I believe that if you think $500 is a lot to invest in the market, you probably shouldn't be trading stocks.

Well, that may be a bit harsh since you have to start somewhere. Maybe I'm just a jerk.

+1

[stylinexpat]

Originally Posted by Dr. G

Yeah the past couple days have been awesome!! Been making a lot of money ... and my want to buy list on my signature tells the whole story haha.

My silver company I was looking into is doing pretty well too... I'm hoping for a slight dip in the pricing so I can buy in heavily.

I want to make a big play in silver, would you recommend just going in heavy on SLV at this entry point?

I would not go in heavy yet. Silver has been on a run. Wait for a dip or for it to pull back.

LVS is on steroids this week
Up about 2.3% in pre-market at time of my post.

http://www.google.com/finance?q=NYSE:LVS

[E92TTKING]

what is a good stock to buy tomorrow? or soon
I have 10K to blow

[nnnnnnnnnnnnnnnnnnnnnn]

Originally Posted by greek335xi

what is a good stock to buy tomorrow? or soon
I have 10K to blow

None. Market isn't open tomorrow. This should be a sign to stay out of the market.

[NBRider88]

Originally Posted by ferrari355fi

None. Market isn't open tomorrow. This should be a sign to stay out of the market.

LOL