Why would you 
If you were consistently up 5% a week for a year, you’d be rich as fuck.
because it’s a fantasy market and I dont have extra money that I feel comfortable putting in the market.
Personal security>potential earnings.
I bought some SMN on the dive to 80 just recently. I needed more shorts after covering MS yesterday. I also went short on UYG after hours yesterday, which is the inverse of SKF.
Im back to cash but just placed limit orders on a few things but they are low, i wont be surprised if nothing fills.
haha, my co worker just asked “smn? you have stock in semen?”
This isn’t a great entry point though. We’ve played back about half of yesterday’s gains. It could come back up, or lose them all. I don’t really want to go all-in long until we play them all back.
FUUUUUUUUUUUUCK I came within 5 cents of two of my limit orders and no we are moving back up. Joe as far as entry it might not be the BEST but its is a great entry for 30-50% of how much you want in something with holding the possibility to avg down that way you dont have to worry about missing the next turn but also can cut % loss too. Kinda conservative but it works for me.
Are we about to see another bull run at the end of the day? WTF! PS if my fucking limit orders would have been met I would be up huge right now. FUCKING 5 cents.
wow, that drop is faster than that huge gain.
Yea this market is comical at best.
friday 3:30. it’s like clockwork. I used the money i made from my ultrashorts to average down on BWLD.
I lost my ass today. Every time I am about to go buy myself something nice this happens!
Not bad at all. I’m finally out of the hole on my positions. A few I’m going to be super long on. A few more I’ll set some tight trailing stops.
I ended up 769 out of 46209 players for the week on the fantasy market. I guess I cant complain with that. Now I just need to make those real dollars.
What’s up everyone. No activity in this thread means for a boring day on the forum :tdown:
Meh another big end of day selloff. I bought into it again. More oil, real estate, and financials. Although I will say the market does not seem to have a problem breaking through support so we might be in for a bigger drop then I expected.
With every thing in limbo. You might want to take a look into currency trading.
KK
Yea right now im about 40% cash and most of my stock position is actually in oil. IMO a long position on oil is a great buy and hold for the next few years. Might have to look into currency but im sure the market wont stay calm for long. Im calling a bear market rally sometime soon actually before the new pres comes in.
SKF currently around 185, I wish I had the available buying power to short it.
This is really strange. I was just looking to short it actually. Great minds think alike? Or is it that I basically revolve 4-6 of the same tickers at this point. But I already have so much UYG and URE. I might stay out today. I think we might still go lower to be honest but im not hedging it. I really dont like the odds of hedging into a rally its too late it think. If we do still go lower ill just avg down.
Everyone go pump some fucking gas! Ive got oil out the wazoo right now.
:word: I should do the math on whether I’d be better off with cheap gas for my truck and my DIG stock going down, or the other way around.