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Aug 25, 2015 02:24
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| # ? May 29, 2024 19:23 |
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Staying long on DIS, NFLX, and NVDA still. Was looking pretty dicey today but I'm still fine with keeping my positions in these. i have no idea wat im doin
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Aug 25, 2015 02:45
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I'm deciding whether I should buy stocks or buy a motorcycle.
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Aug 25, 2015 06:26
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VendaGoat posted:I just want to hear what the fed says about rates.
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Aug 25, 2015 06:39
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dogpower posted:I'm deciding whether I should buy stocks or buy a motorcycle. harleys appreciate in value like wranglers right. makes sense buy buy buy.
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Aug 25, 2015 08:52
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 Muh gains!!   
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Aug 25, 2015 09:50
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who wants to play the 'I've lost more than you in unrealized gains over the past three weeks' game?
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Aug 25, 2015 09:57
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mindphlux posted:who wants to play the 'I've lost more than you in unrealized gains over the past three weeks' game? I think it would have to be percentage based because there's no way I could play with the big kids..
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Aug 25, 2015 12:11
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Is now a good time to buy 20 shares each of NFLX and AAPL just to see what happens with them, purely as a gamble for now but to hold long if things do good?
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Aug 25, 2015 13:52
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MJP posted:Is now a good time to buy 20 shares each of NFLX and AAPL just to see what happens with them, purely as a gamble for now but to hold long if things do good? Follow your heart
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Aug 25, 2015 13:56
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Okay, why the hell not. I'm prepared to take modest hits to the principal and if there's a time to buy stuff, this is probably it. 30 shares of CRM, too - those ain't going anywhere and even if China's middle class growth is stymied, the rest of the world buys Iphones, Salesforce has no real competition, and Netflix is Netflix. :breathesintobag: MJP fucked around with this message at 14:03 on Aug 25, 2015 |
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Aug 25, 2015 14:00
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MJP posted:Okay, why the hell not. I'm prepared to take modest hits to the principal and if there's a time to buy stuff, this is probably it. 30 shares of CRM, too - those ain't going anywhere and even if China's middle class growth is stymied, the rest of the world buys Iphones, Salesforce has no real competition, and Netflix is Netflix. You sound like a person who should just buy shares in a vanguard index or balanced fund and forget about it for 30 years. Interest rate hikes, yea or nay by the end of the year?
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Aug 25, 2015 14:22
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Erdricks posted:You sound like a person who should just buy shares in a vanguard index or balanced fund and forget about it for 30 years. what's the expected return on something like that?
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Aug 25, 2015 14:24
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Erdricks posted:You sound like a person who should just buy shares in a vanguard index or balanced fund and forget about it for 30 years. That's how I'm running mine and my wife's IRA. We're already basically covering all the advice of the long-term/retirement thread for the vast majority of both the IRA/retirement account and brokerage account. IRAs are maxed every year, 10% to the 401k, $250/mo automatically going into VFORX. This purchase is a pure gamble. Like I mentioned, I'm willing to take hits to the principal on this trade only. But in general, yes, I am not doing active investing. Given the drop it seems like I'd be missing out if I didn't take a shot at decent stocks now. How long should a market order placed before 9 AM take to execute? Vanguard's still showing my orders as open. Is it just a huge flood of buy orders delaying things on the market?
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Aug 25, 2015 14:25
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So a question on selling "the next day" Yesterday both my orders for DIS and NFLX filled for 50 shares each for $97.xx on Fidelity. I have always bought and held stock for quite some time but this morning looks like DIS is going to open for over $100, NFLX over $106. If I sold today, after buying today, what would that affect per "settlement" dates. I still have over $17,000 cash in the account at this time. Wondering if Ill get flagged for something because of not waiting for 3 days before selling.
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Aug 25, 2015 14:28
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MJP - If you are blowing into a bag over 20 shares of netflix, just use the money to go to vegas and have fun gambling that way. It'll be easier on your stress levels and your marriage. Active trading is for entertainment / pure greed purposes only. It should come with warning labels. If you need something to do, just construct a portfolio using fake money first, see how you like it, and if you do, move into real dollaz and start selling puts on aapl to your heart's content. Erdricks fucked around with this message at 14:37 on Aug 25, 2015 |
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Aug 25, 2015 14:32
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MJP posted:That's how I'm running mine and my wife's IRA. We're already basically covering all the advice of the long-term/retirement thread for the vast majority of both the IRA/retirement account and brokerage account. IRAs are maxed every year, 10% to the 401k, $250/mo automatically going into VFORX. This purchase is a pure gamble. Like I mentioned, I'm willing to take hits to the principal on this trade only. Best time to buy was yesterday. Your market order will be in a queue behind other market orders that will be filled at 9:30. It'll probably execute higher than the prices displayed when you placed, because of the buying orgy ahead of you. MrBigglesworth posted:So a question on selling "the next day" If you bought yesterday they shouldn't count as intraday trades, because you held them overnight. You get to make 3 intraday trades while holding less than $25k cash without SEC flagging. The 4th locks your account until you get to $25k in the account or 90 days pass.
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Aug 25, 2015 14:32
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Erdricks posted:If you are blowing into a bag over 20 shares of netflix, just use the money to go to vegas and have fun gambling that way. It'll be easier on your stress levels and your marriage. Who the gently caress said I was stressed? I just have a question on selling so soon after buying, not the same day, but just the next. Ive never had a notion to want to sell so fast is all. Edit= Thanks Dwight Eisenhower!
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Aug 25, 2015 14:34
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My response was to MJP. Just replied instead of quoting but then your post came in the middle
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Aug 25, 2015 14:36
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Ah, sorry. Lotta focus on NFLX!
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Aug 25, 2015 14:37
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So I'm in for DIS. Time to watch my money evaporate. (I'm mostly in for the long haul, it seems like a decent sale right now)
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Aug 25, 2015 14:38
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Dwight Eisenhower posted:Best time to buy was yesterday. Your market order will be in a queue behind other market orders that will be filled at 9:30. It'll probably execute higher than the prices displayed when you placed, because of the buying orgy ahead of you. Yeah, I'm seeing them execute now. I got AAPL at $111.07, NFLX at $107.88, CRM at $67 even. Given the recent drops it still seems like these are decent entry points, but this could also be confirmation bias. I'm prepared to take hits on them but I plan on monitoring them over time to see what happens. Fortunately for my stress level, literally every other holding save for 120 shares of PRU that were gifted to me are in ETFs that bracket several different Morningstar quadrants and Vanguard index/target date funds. Rest assured, I'm treating this as a gamble, and a risky one, but one worth taking a shot at given the drop. Indeed I should have bought yesterday for the best bargains. At least I still have a bunch of free trades through Vanguard so this won't be too expensive.
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Aug 25, 2015 14:38
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MJP posted:Yeah, I'm seeing them execute now. I got AAPL at $111.07, NFLX at $107.88, CRM at $67 even. Don't sweat it and overthink it too much, you're in the positions now for good or for ill. Figure out where you'll exit these trades. How much do you want to make off AAPL? 10%? 20? Place a limit order at this price so as soon as the market gets there you get while the getting is good. Noone ever went broke taking profits. How much can you stomach losing on your AAPL trade? 10%? 20? 30? Set a stop loss order at this price. You might lose a bit more than your threshold because a stop loss will execute at market and when you set it lower than the market price by a wide margin, it'll probably be dropping more by the time your stop is triggered. Rinse, wash, and repeat for NFLX and CRM. If your answer is you are willing to lose 100% on your trade, then you can let it ride and see where it takes you. Otherwise come up with these answers, place the closing orders GTC (good till canceled), and hope for the best.
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Aug 25, 2015 14:47
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Everybody is trying to fade this rally, which makes me think we've hit a bottom.
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Aug 25, 2015 15:08
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Somehow I think this is a bull trap, but on the other hand, I have no idea about anything and the market consistently moves the complete opposite of what I think.
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Aug 25, 2015 15:28
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Dwight Eisenhower posted:Don't sweat it and overthink it too much, you're in the positions now for good or for ill. That's sage advice which I will definitely do.
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Aug 25, 2015 15:46
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Net cat - BTFD. As far as I am concerned, there is no real risk of a bear market until the fed raises interest rates, which in turn kills the corporate zombie/buyback market action. Just be sure to take profits while you can and wait for the next shakeout.
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Aug 25, 2015 15:46
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To take a break from the bewilderment over the macro state of the market, today is not a good day for chicken: http://www.wsj.com/articles/sanderson-farms-results-disappoint-as-chicken-prices-slide-1440502928
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Aug 25, 2015 16:10
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Planeshifter2 posted:To take a break from the bewilderment over the macro state of the market, today is not a good day for chicken: Somebody should go make an image macro for chicken.:p
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Aug 25, 2015 16:30
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Josh Lyman posted:It's a lovely Jew joke. Oi Vey
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Aug 25, 2015 16:38
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Just got an e-mail from Schwab. Looks like they opened up a suicide hotline.  quote:Our perspective on market events.
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Aug 25, 2015 16:39
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Aug 25, 2015 17:47
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Again, a huge divergence between tech stocks and the rest of the market. I think we will see some turmoil again, though lets see....
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Aug 25, 2015 17:49
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Colonel Sanderson's Farms. Now it looks like an even better company to buy though. Those earnings are so cheap right now.
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Aug 25, 2015 17:50
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Keeping my eyes on YUM
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Aug 25, 2015 17:53
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Sage advice from the WSJ:
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Aug 25, 2015 18:36
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The rally has been canceled; we apologize for any inconvenience this may have caused.
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Aug 25, 2015 20:37
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GoGoGadgetChris posted:The rally has been canceled; we apologize for any inconvenience this may have caused. At least I made a paltry sum of money buying NFLX late yesterday and selling when it was about 9% up. 
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Aug 25, 2015 20:42
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Might finish in the red today. What a move.
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Aug 25, 2015 20:47
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| # ? May 29, 2024 19:23 |
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It's the kind of move that leads impatient bulls to despair.
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Aug 25, 2015 20:50
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