Stock market tips and experiences

[F1Venom]

Originally Posted by mact3333

out of VJET this am for 65% gain in 32.00--->49.50 in 2 weeks!...so how many huge winners have a I handed out this year?....

TSLA at 50.00...FB at 24.00...AAPL at 410.00...DDD at 35.00..AMAVF at 50.00...one loser was BBRY in at 10.00 out at 8.00

I'm looking at a chart of VJET and that's nuts. I'm reluctant to follow other people's trades because of how badly I got burned as a beginner but I'd look into your trades. TSLA was a prime leader in our rally for most of this year but now it's been crapping itself, as has NFLX. GOOG is also stuck in a $50 range and it certainly doesn't look like it wants to go higher. IMO, these are bad omens if people think the market will go higher.

[mact3333]

Originally Posted by F1Venom

I'm looking at a chart of VJET and that's nuts. I'm reluctant to follow other people's trades because of how badly I got burned as a beginner but I'd look into your trades. TSLA was a prime leader in our rally for most of this year but now it's been crapping itself, as has NFLX. GOOG is also stuck in a $50 range and it certainly doesn't look like it wants to go higher. IMO, these are bad omens if people think the market will go higher.

Agreed, never take a persons advice without doing your own dd...nobody will take losses for ya!.

DDD, AMAVF and VJET are exploding...I had some XONE and SSYS awhile back too...should have kept them all...oh well...euphoria means were getting closer and closer to a top though...same old game.

VJET was a good risk as the charts looked good few weeks ago...now way too risky for anyone to take a position now...but 2 weeks ago when I said it looked good at 32.00, that was a good risk scenario.

I don't bother posting charts anymore cause during a bull mkt, more money can be made on high flying sectors going long...but I chart SPX and Dow to see where the big picture is.

[Kabrich]

Originally Posted by mact3333

Agreed, never take a persons advice without doing your own dd...nobody will take losses for ya!.

Amen

[PSUSMU]

Originally Posted by PSUSMU

Sold DDD @ $70.60 for +40%

Damn it.. closed over $76 yesterday

[Kabrich]

Originally Posted by PSUSMU

Damn it.. closed over $76 yesterday

That is the type thinking that makes you lose money.

You will never lose money if you close all trades with a profit.

Be happy with your profit - not what if you had held on.

Besides, you cannot change what's done.

[PSUSMU]

Originally Posted by Kabrich

That is the type thinking that makes you lose money.

You will never lose money if you close all trades with a profit.

Be happy with your profit - not what if you had held on.

Besides, you cannot change what's done.

Understood.. bad timing is frustrating!

[F1Venom]

Any thoughts on SLV and GLD?

[mact3333]

Originally Posted by PSUSMU

Damn it.. closed over $76 yesterday

Just be happy you didn't get another BBRY!....

[Kabrich]

Originally Posted by F1Venom

Any thoughts on SLV and GLD?

Like so many other ETFs, much of the action happens outside of normal trading hours, so one has to look at the 24 hour futures market to see what is happening with Gold.

Gold has not reached bottom on this cycle yet, imo. I've been short since 1315.

It broke through its support at the .786 level so it's next stop is most likely in the 1232ish level, perhaps lower.

Again, that's my opinion only, which may be worth less than what you paid for it

[Kabrich]

As for the VIX, in my opinion, when i it retraces back towards its 2011 high from its 2013 low, its easily into the 30s and probably higher.

[scorcherjf]

Feels like a short term top to me with the SPX at 1780

[Kabrich]

Just a little education here for people on how leveraged ETFs like TVIX work.

Several have messaged me asking for more info on how these 2:1 or 3:1 leverage items do not track except for very short term and how one could lose money when the underlying shows a profit.

Two points in time 10/18/2013 and 11/11/2013.

Roughly 3 weeks.

VIX Open on 10/18/2013 = 12.86
VIX Open on 11/13/2013 = 12.85 (0.01 difference)

TVIX Open on 10/18/2013 = 11.17
TVIX Open on 11/13/2013 = 10.06

The VIX lost essentially 1 cent
TVIX lost $1.11

That is not 111% more.

If TVIX lost 2 cent compared to 1 cent on the VIX, that is 100% more.

If TVIX lost 10 cents compared to 1 cent on the VIX, that is 1000% more

If TVIX lost 100 cents compared to 1 cent on the VIX that is 10,000% more

As TVIX lost 116.....well you get the point.

They do not track 1:1 at a fixed rate.

As thus, it is suggested one never use these instruments for anything but very short term (and in most cases, that means a day or so at the most) - as you can see what can happen in just 3 weeks as these become more out of sync.

[mact3333]

TVIX is the most evil ETF of all time....chart it over a few years.

TVIX only good during violent selloffs where the mkt tanks many days in a row...the more days it tanks the better the returns on TVIX...when the real bear returns there will be some good money to be made on TVIX but to trade it during clear bull mkt is foolish.

The time decay on TVIS is ridiculous...worse than options...esp if longer than a month out.

[r0wr]

If you don't know what you're doing, don't touch TVIX or even any VIX derivative for that matter.

[Kabrich]

FWIW, I closed my Gold Short from $1305 Wednesday.

Silver and Gold almost always correlate, traveling up and down together. This can be seen on the attached 30 minute chart.

As you can see between 12PM and 1PM Exchange Time, the 2 disconnected. As I made this chart, Gold was going up - and Silver going down - almost the inverse correlation.

That caused me to close out my trade. 35 points in Gold Market was too much to profit risk. As I type this Silver has risen slightly over .30 cents and Gold has gone up roughly $15, but 11/13/2013 was a very rare time that the 2 disconnected giving mixed signals.

I am going to continue to watch and probably re-enter when the two sync up with their signals.

[Kwando]

I put some money into a stock portfolio in hopes of growing it for my first house and I'm calling it quits today. Not a huge return compared to some of you but I'm pleased with what I'm walking away with. I was able to accomplish my goal with my one simple rule - don't lose all my money. I had some very expensive lessons (thanks BBRY) and missed opportunities but I'll definitely be keeping them in the back of my head going forward. My biggest leaders were YHOO, SBUX, and AAPL, but I also had HD, DE, SWKS, DOL.TO, and TD.

[mact3333]

the 3D's as a sector needs to pull back and make a base for awhile before it takes off again...look for bullish flag pattern ...not likely to be a falling wedge as that would take too long too long to play out in a hot sector.

when it does take off again, watch VJET and ONVO....and this penny stock SGLB is one to watch.

[mact3333]

VJET anyone?.......32.00 to 58.00 in 2 wks!

[stylinexpat]

Originally Posted by stylinexpat

When everyone and their grandmother is short it will make new highs. I think we see 1800 soon. Until there are no more bears and everyone is bull we continue to climb. Last week everyone was bullish on the Dollar and was taken to the cleaners. Last week many were also bearish on the SPX500 and were taken to the cleaners as well. Fighting the trend is not good. You just can not beat the $85 Billion that the FED has to print every month.

Well here comes that 1800 and 16000 for the DOW. One rigged ass market.

[stylinexpat]

Fannie Mae has been on a nice run recently. Anyone buy before?

High of $3.5 today

https://www.google.com/finance?q=fnm...uCVGMzslAX3zwE

[PSUSMU]

Originally Posted by stylinexpat

Fannie Mae has been on a nice run recently. Anyone buy before?

High of $3.5 today

https://www.google.com/finance?q=fnm...uCVGMzslAX3zwE

I haven't even been monitoring it, but I'm in FMCC @ $0.60

[mact3333]

DDD 35.00--->83.00.

AMAVF 50.00--->168.00

Less than 6 months....not to mention huge gains in AAPL, FB, TSLA.

And someone wanted a new pick and i offered up VJET at 32.00 prob like 3 weeks ago now trading at 64.00...100% gain in 3 weeks!.

Is there one person who took the VJET trade on here?...will you ever learn?....

Find the right sector in a bull market...that is the secret...and know when to get out...use technicals to get out when broken.

Watch the penny stock SGLB...I recommend at 0.16 I believe...now at 0.21..still cheap...watch XONE, as it hasn't run up as much as all the other 3D's...I also like ONVO but this one has run up too much recently and can only be bought on pullback to maybe to its 50dma.