Home Discord Chat
Go Back   ChiefsPlanet > Nzoner's Game Room
Reload this Page Money Investing megathread extravaganza
Register FAQDonate Members List Calendar

Reply
Page 799 of 941 « First 299699749789795796797798 799 800801802803809849899 Last »
 
Thread Tools Display Modes
Old 06-27-2016, 11:23 AM  
DaFace DaFace is offline
Kind of a mod
 
DaFace's Avatar
 
Join Date: Aug 2005
Location: Donkey Land
Casino cash: $-63101
Investing megathread extravaganza
A place to talk about investing stuff.
Last edited by DaFace; 02-19-2021 at 06:35 PM..
Posts: 52,578
DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.DaFace is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 09:40 AM   #11971
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
I am not liking this market at all. Heavy selling into every up move. Market internals look like shit, overblown fear about Omicron......

If you are a long term investor I would be ready to start dipping in but I would go slow....
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 12-03-2021, 09:53 AM   #11972
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
we push much lower and we are going to have an outside day which can be good but yet still not good..

What is an outside day, you ask??

https://www.investopedia.com/terms/o...dereversal.asp
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 12-03-2021, 09:56 AM   #11973
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by Hammock Parties View Post
It is very hard to guess when a stock is going to KEEP rising.

You buy it when it's going up it might get dumped shortly thereafter. Good way to become a goddamn bag holder.

I'd rather play it conservatively. I'll buy at 52-week or 6-month lows and bet on it going up in the short term. That has worked well for me.
That’s not playing conservatively, that’s more risky than my trading.

It’s what most people think and it’s why 90% of traders lose. A “cheap” stock is many times cheap for a reason and it’s harder for individual stocks to reverse a trend than continue a current one. That’s why you buy stocks while they trend higher and set stop losses on moves up to decrease downside risk and lock in made gains.

It’s ok if you don’t want to learn though. I’ve provided plenty of education in here and some people just prefer guessing without a plan, which is how you become a bag holder.
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 09:57 AM   #11974
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by petegz28 View Post
I am not liking this market at all. Heavy selling into every up move. Market internals look like shit, overblown fear about Omicron......

If you are a long term investor I would be ready to start dipping in but I would go slow....
Quote:
Originally Posted by petegz28 View Post
we push much lower and we are going to have an outside day which can be good but yet still not good..

What is an outside day, you ask??

https://www.investopedia.com/terms/o...dereversal.asp
Pete, you are very on point in this thread.

Makes me wonder if your posts in other threads are jokes.
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:02 AM   #11975
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2620478
Quote:
Originally Posted by lewdog View Post
That’s not playing conservatively, that’s more risky than my trading.

It’s what most people think and it’s why 90% of traders lose. A “cheap” stock is many times cheap for a reason and it’s harder for individual stocks to reverse a trend than continue a current one. That’s why you buy stocks while they trend higher and set stop losses on moves up to decrease downside risk and lock in made gains.

It’s ok if you don’t want to learn though. I’ve provided plenty of education in here and some people just prefer guessing without a plan, which is how you become a bag holder.
As always you know everything.
__________________
Chiefs game films
Posts: 289,380
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:07 AM   #11976
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
I should say if we get another outside day and we are about too...this will make the 2nd in 3 days and the 3rd since the sell off started which actually started with an outside day
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:09 AM   #11977
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by Hammock Parties View Post
As always you know everything.
Nope, just trying to educate you. Trading isn’t about knowing everything. It’s about having a system where you only need to be correct 50% of the time to make money. And it surly isn’t guessing or buying stocks in a down trend.

I’m sorry you won’t listen to any advice that’s trying to help you.
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:24 AM   #11978
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
Quote:
Originally Posted by lewdog View Post
Nope, just trying to educate you. Trading isn’t about knowing everything. It’s about having a system where you only need to be correct 50% of the time to make money. And it surly isn’t guessing or buying stocks in a down trend.

I’m sorry you won’t listen to any advice that’s trying to help you.
The "good traders" will tell you that you only need to be right 33% of the time. I call bullshit unless you are seriously funded to be able to scale in and out of several positions.

Day trading or swing trading stocks is tough because you have several factors to consider:

Screen the stocks
How is the overall market in relation to the stock
How is the overall sector in relation to the overall market
How is the overall sector in relation to the stock
Analyst "Recommendations" that move a stock quickly one way or the other

That's why I don't do it anymore. Finding the stocks is a pain and time consuming. If I do dabble in it I try to do it with a buy-write call spread or something.

I'd rather focus on the overall market, e.g. SPY, QQQ, etc.
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:29 AM   #11979
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
If you want to gamble today, right now is a good time to buy the SPY if you think we will head back up towards the close. Seeing a good buying spot.

My concern though is people selling into the close not wanting to be long over the Omicron weekend....
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:30 AM   #11980
Hammock Parties Hammock Parties is offline
I'll be back.
 
Hammock Parties's Avatar
 

Join Date: Nov 2002
Casino cash: $2620478
Quote:
Originally Posted by lewdog View Post
It’s about having a system where you only need to be correct 50% of the time to make money. And it surly isn’t guessing or buying stocks in a down trend.
In your opinion, Mr. Know It All

My system works just fine for me.
__________________
Chiefs game films
Posts: 289,380
Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.Hammock Parties is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:33 AM   #11981
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by petegz28 View Post
The "good traders" will tell you that you only need to be right 33% of the time. I call bullshit unless you are seriously funded to be able to scale in and out of several positions.

Day trading or swing trading stocks is tough because you have several factors to consider:

Screen the stocks
How is the overall market in relation to the stock
How is the overall sector in relation to the overall market
How is the overall sector in relation to the stock
Analyst "Recommendations" that move a stock quickly one way or the other

That's why I don't do it anymore. Finding the stocks is a pain and time consuming. If I do dabble in it I try to do it with a buy-write call spread or something.

I'd rather focus on the overall market, e.g. SPY, QQQ, etc.
I’ve made money in months where I’m 40% accurate, but not lower than that. Goal is to always have win/loss ratio be of 2:1 or greater. It’s all about managing risk.

I trade on Mark Minervini principles. I pay for a screener that I can manipulate to look for stocks that meet certain rules. I can scan through a list of 700 stocks in about 30 minutes looking for certain patterns.

Best book I’ve ever read.

Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard https://www.amazon.com/dp/0996307931...J5N4CX5K0MQ44A
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:34 AM   #11982
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by petegz28 View Post
If you want to gamble today, right now is a good time to buy the SPY if you think we will head back up towards the close. Seeing a good buying spot.

My concern though is people selling into the close not wanting to be long over the Omicron weekend....
No way I’m holding over the weekend given current conditions.
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:39 AM   #11983
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
Quote:
Originally Posted by lewdog View Post
I’ve made money in months where I’m 40% accurate, but not lower than that. Goal is to always have win/loss ratio be of 2:1 or greater. It’s all about managing risk.

I trade on Mark Minervini principles. I pay for a screener that I can manipulate to look for stocks that meet certain rules. I can scan through a list of 700 stocks in about 30 minutes looking for certain patterns.

Best book I’ve ever read.

Think & Trade Like a Champion: The Secrets, Rules & Blunt Truths of a Stock Market Wizard https://www.amazon.com/dp/0996307931...J5N4CX5K0MQ44A
I might have to check it out
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
     Reply With Quote
Old 12-03-2021, 10:52 AM   #11984
petegz28 petegz28 is offline
Supporter
 
petegz28's Avatar
 

Join Date: Feb 2005
Location: Olathe, Ks
Casino cash: $704127
Since we are on the topic of books, if you have not ever looked into technical analysis and want to learn how to "read the charts" this is the Bible. I had the fist edition called Technical Analysis of the Futures Markets back in the early 90's but the concepts were for stocks as well. Murphy has since been noted as one of the best in the technical analysis arena.

I would read this well before you start reading any other books on trading that involve charts.

https://www.amazon.com/Technical-Ana...s%2C185&sr=8-3
Posts: 130,200
petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.petegz28 is obviously part of the inner Circle.
 Thumbs Up 1 Thumbs Down 0     Reply With Quote
Old 12-03-2021, 10:57 AM   #11985
lewdog lewdog is offline
Mod Team
 
lewdog's Avatar
 

Join Date: Sep 2011
Location: Valley of the hot as ****
Casino cash: $-148100
Quote:
Originally Posted by petegz28 View Post
Since we are on the topic of books, if you have not ever looked into technical analysis and want to learn how to "read the charts" this is the Bible. I had the fist edition called Technical Analysis of the Futures Markets back in the early 90's but the concepts were for stocks as well. Murphy has since been noted as one of the best in the technical analysis arena.

I would read this well before you start reading any other books on trading that involve charts.

https://www.amazon.com/Technical-Ana...s%2C185&sr=8-3
I own that one too.

Great read and very dense. Definitely provides the introduction needed for technical analysis before you learn your own trading style.
Posts: 46,167
lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.lewdog is obviously part of the inner Circle.
     Reply With Quote
Reply
Page 799 of 941 « First 299699749789795796797798 799 800801802803809849899 Last »

« Previous Thread | > Nzoner's Game Room < | Next Thread »

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 On
Forum Jump




All times are GMT -6. The time now is 11:30 AM.

Contact Us - ChiefsPlanet - Archive - Top

This is a test for a client's site.
Fort Worth Texas Process Servers
Covering Arlington, Fort Worth, Grand Prairie and surrounding communities.
Tarrant County, Texas and Johnson County, Texas.
Advertise with us!
Powered by vBulletin® Version 3.8.8
Copyright ©2000 - 2024, vBulletin Solutions, Inc.