Yeah and it's flat today. That was the right call imo.Lucky C wrote: ↑Wed Feb 03, 2021 10:59 amI had sold half my SLV at the big open Monday. Now that it's back down and appears to be acting more normally to me, I bought back in. Doesn't look like anything is wrong with the intermediate-long term trend. If it rises again past the Monday highs, even better.
Investments Trade Log
Re: Investments Trade Log
- Alphaville
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Re: Investments Trade Log
i cashed out of ethereum yesterday when it hit $1550. i originally bought at $600 (unfortunately i didnt buy and hold, so i didn't realize the full gains, but i made 50% since december.)
today it hit >1650
it's ok, could have gone the other way too, and i'm investing my lottery winnings on ere tools (soldering iron etc should pay off in the long term).
today it hit >1650
it's ok, could have gone the other way too, and i'm investing my lottery winnings on ere tools (soldering iron etc should pay off in the long term).
Re: Investments Trade Log
You think you missed a big move? Look at my flop of the century from last week ($FLGT) - green arrows are buys, red - sells, sold out everything on the day with 3 red arrows...
And 4 days later...
Something something let your winners run...
And 4 days later...
Something something let your winners run...
- Alphaville
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Re: Investments Trade Log
brilliant!
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Such pretty candles!
Last edited by plantingtheseed on Thu Feb 18, 2021 10:26 am, edited 1 time in total.
Re: Investments Trade Log
So you were basically day trading?
I could never do that but you seem to have done pretty well.
If you start looking at “what could have been” you’ll always kick yourself one way or the other.
I could never do that but you seem to have done pretty well.
If you start looking at “what could have been” you’ll always kick yourself one way or the other.
Re: Investments Trade Log
@Seppia: No, day trading is ending each day 100% in cash while I held this one for 3 weeks - I was selling half when it got extended and buying that same half back on pullbacks to 10-day moving average. I totally agree that 'shoulda coulda woulda' is counterproductive. Most of the time it's best not to look at stocks you sold until a couple of months later when you do your post-trade analysis. Unless you expect it to set up again and want to keep an eye on it.
Here's another lesson from this one - I sold it on the first day of the recent pullback. But it was one of the only 2 of my stocks that weren't going down on that day. So it makes sense to keep the ones that are acting strong in a weak market.
Here's another lesson from this one - I sold it on the first day of the recent pullback. But it was one of the only 2 of my stocks that weren't going down on that day. So it makes sense to keep the ones that are acting strong in a weak market.
Re: Investments Trade Log
I've been using Kuppy's KEDM (kedm.com) list of interesting event driven stocks. Lot of good stuff on there to sell puts against.
Today I sold some more puts on BTU (nearly bankrupt metalurgical coal miner). And MP (US rare earth miner / processor).
Had an order to sell a put on PLTR queued up but its not going to fill because it popped 10% today. Looking at selling more puts on UUUU, since IV is over 100%, but again it popped 10% today and price is moving away from me.
Today I sold some more puts on BTU (nearly bankrupt metalurgical coal miner). And MP (US rare earth miner / processor).
Had an order to sell a put on PLTR queued up but its not going to fill because it popped 10% today. Looking at selling more puts on UUUU, since IV is over 100%, but again it popped 10% today and price is moving away from me.
Last edited by giskard on Mon Feb 08, 2021 11:18 am, edited 1 time in total.
- Alphaville
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Re: Investments Trade Log
my experiments with robinhood are over due to the toy style interface, not from any gme stories. i made a little money with them but could have equally lost it.
nevertheless seeing btc spike this morning made me regret missing out right now. but lack of tools make people lose money.
anybody got a recommendation for a broker? would like 24h forex trade and decent crypto speculation tools.
been looking at interactive brokers which offers low forex spread and what looks like free algos (never used algos previously).
who here likes their brokerage? im looking to day or swing trade, not invest...
not ready for options yet but at some point would like the option
nevertheless seeing btc spike this morning made me regret missing out right now. but lack of tools make people lose money.
anybody got a recommendation for a broker? would like 24h forex trade and decent crypto speculation tools.
been looking at interactive brokers which offers low forex spread and what looks like free algos (never used algos previously).
who here likes their brokerage? im looking to day or swing trade, not invest...
not ready for options yet but at some point would like the option
Re: Investments Trade Log
I use TD Ameritade / Think Or Swim for options. Interactive brokers to buy foreign stock (on TSX for example). And various US based more regulated exchanges for crypto (Coinbase, Gemini).Alphaville wrote: ↑Mon Feb 08, 2021 10:53 amanybody got a recommendation for a broker? would like 24h forex trade and decent crypto speculation tools.
- Alphaville
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Re: Investments Trade Log
Why do you want to day trade?
- Alphaville
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Re: Investments Trade Log
But it's basically a full-time job in a cut-throat environment... maybe fun but unlikely profit, plus trading for fun rarely works. Swing trading sounds better tbh.
- Alphaville
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Re: Investments Trade Log
that depends on what one is trading, what the markets are doing, etc.
i thought you were asking to recommend a broker, but it sounds like you want to question my choices lol. maybe im reading it wrong? please let me know, i don't know how to proceed.
Re: Investments Trade Log
Was just curious what motivated you do start day trading. Hope it works out for you. Sorry can't help you with brokers as I'm not in the US.
- Alphaville
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Re: Investments Trade Log
ah! ok, thanks for explaining.
my original question was for a broker for day and swing trading, so im not saying day trading exclusively.
trading is attractive to me for a number of reasons too long to enumerate, the first one being, to quote clark gable in "the misfits," that "it's better than a wage"
i've been employed, and i've been self-employed, and i enjoyed self-employment better, but still i had to work for the client. trading is certainly a challenge, but the fact that it requires no interpersonal dynamics is a huge plus for me. the feedback is 100% objective.
and i say trading not investing , because i'm interested in short-term speculation, not decades-long moves. my investments are handled elsewhere by professionals--this is something else, using risk capital.
as for day or swing trading, it really depends on the market, because different instruments behave differently.
however, one advantage of day trades as i've experienced is that they don't make me wake up in the middle of the night wondering what my money is doing
seriously though, whenever i have a trade going overnight or longer, i'll wake up at 1am and see what it's doing. it's nice to be able to shut down the computer and think about something else.
so i'm not aiming for massive wins, just a little day scalping.
i'm not saying this to verbally philosophize about it though, because my plan is to empirically test things, and adjust as i get feedback. empiricism beats rationalism in practice--and that's how i found i need a better broker with more/better tools.
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Re: Investments Trade Log
The top is close. The number of investment conversations I have had with people that have never considered investing before has gone exponential.
Re: Investments Trade Log
next dip will be bought quickly. recency bias.
Re: Investments Trade Log
Rolled down another NOK call. Now have the March 5 expiring at $4.50. Cost basis is $4.53. I'm happy to nearly break-even if it happens.
MAC may have bottomed. That was the first time I ever dialed into a earnings call. I'm still down significantly on this one but cost basis is in the 17s. Stock is trading high 12s.
MAC may have bottomed. That was the first time I ever dialed into a earnings call. I'm still down significantly on this one but cost basis is in the 17s. Stock is trading high 12s.