I used to work for this company ADS that sold retail store credit cards. If you think retail places will bounce back it could be a good buy. I am not sold on it but going to put some money down on it because I am stupid. [Reply]
I'd not realized the fact that the two fully electric car companies are both named after Nikola Tesla. Does he have any descendants who get paid for this, or is capitalism taking advantage of him again? [Reply]
Originally Posted by petegz28:
How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother ****ers should be rolling
Clay is. Then he’s gonna blow all his cash buying some shitty bungalow before the housing market regresses.
I was wondering if some of the gurus would share advice on the different selling options.
Example, a stop limit vs a trailing stop.
Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?
I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make. [Reply]
Originally Posted by Iowanian:
I was wondering if some of the gurus would share advice on the different selling options.
Example, a stop limit vs a trailing stop.
Example, I have abc stock that has gone up from $5 to $17. I want to lock in a profit at $15. Am I correct that the trailing stop $ would be to "sell, $2 trailing stop"? Then if it drops to $15, the trade happens.?. The trailing percentage is the same except I would do the sell 10% trailing stop and it would sell if there were ever a 10% drop, but that adjusts as long as the price continues to rise?
I'm trying to learn some of this on the fly and I've read about it but want to make sure I'm making the trades I want to make.
Originally Posted by petegz28:
How come half of you aren't super billionaire's yet? I see all these 100% gains and 50%gains and all this....mother fuckers should be rolling
It takes a while to build up that much and it doesn't happen overnight.
I've done great with AAL stock. I bought $1000 at $9.70 a few weeks ago. It has done awesome and it's at $18.44 right now. But guess what? I still only made $900 on a $1000 investment, and that one was very lucky.
You have to invest big money to make big money, and most of us aren't in a position to throw down hundreds of thousands of dollars that we could potentially lose. We have moderate monies that we generally stay safe with (401k investments with diversity) and an even smaller amount that we use to play with day trading. [Reply]