Bailed on GALT yesterday @1.67, ^62%. I'll take that, down 20% right now. Sometimes you time it right
Bailed on GALT yesterday @1.67, ^62%. I'll take that, down 20% right now. Sometimes you time it right
It definitely supports your decision to sell when a stock drops.
I bought GALT again @ 1.55, looking at 10% already, waiting for volume to move it higher again. Love the ride!
I took a beating yesterday on DRYS. I had a lot of money in so I was not going to risk leaving it overnight. It tripped my stop loss and I lost. I do think it will spike today in the morning again, but probably die off in the afternoon.
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Hey guys,
I know this isn't technically stocks, but I was hoping you guys could give me some feedback/advice on which mutual funds I should purchase.
I already have a lot of Canadian and Pacific Rim funds in my current portfolio, so I want to add in some US funds, especially with Trump now being in power, and with the great speech he delivered last night.
Which one of these three US funds looks the most promising to you for a long-term higher risk investment?
U.S. Dividend Fund - $15.14 a share
DRYS spikes get weaker and weaker. The div announcement is a joke since they have no $ to pay it. Delistment is in their future. After I sell my AUPH I will complete transfer to Merrill Edge and trade options exclusively
Yeah, I don't get burned often, but the hype of DRYS always makes me trade emotionally and set stop loss looser. I have gotten burned twice now. I think I have learned my lesson with them. They really don't follow any type of trend because it is all daytraders investing, driving up price, making profit, and dumping.
Today I did pretty good on SGY. They did a reverse split but I guess people thought the stock was up 250% just on news of them beating estimates and paying off 1.2billion in debt. Either way, I got it when it was heating up, made 15% and got out before they figured out the drastic jump was from the split. It tanked shortly after.
I can't trade for a few days until everything clears but next week I am looking to make some money. I can't believe how strong the market is. Not to get too political, but he def made the stock market great again. Lol
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DRYS was a dirty pleasure of mine for a short while. Looking back at my trades I was in and out a total of 10 times. Got burned twice, ultimately ended up making some good coin. Look into options trading. Then plug some scenarios into http://www.optionsprofitcalculator.com/ and your mind will be blown. Take a particular look at going long on the FB 1/19/18 calls at a $180 strike price (very likely to hit) and you will be amazed. Make sure you change output type to dollar value on the lower drop down box below the table.
Yeah I have always wanted to look into options, you have any links to info? I wouldn't mind learning a new skill.
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I'm starting to learn myself and want to start simple. A few youtube videos are good to watch on the subject and you can also pick up some books like "Understanding Options" and "The Options Playbook"
Okay, thanks. I might check them out. I usually do pretty well keeping it simple, but I am always looking for ways to do better.
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