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re: 2015 TDMTFSS (SECOND Standings Update, 3/20/2015)

Posted on 1/2/15 at 12:47 pm to
Posted by Volvagia
Fort Worth
Member since Mar 2006
51963 posts
Posted on 1/2/15 at 12:47 pm to
Why I'm not day trading.




I may keep my current holdings till the end.
Posted by bayoubengals88
LA
Member since Sep 2007
19275 posts
Posted on 1/2/15 at 12:51 pm to
quote:

Why I'm not day trading.

It would be a good opportunity for me to learn, but I just don't have the time (until the summer).
quote:

I may keep my current holdings till the end.

I've already selected my buy and holds. Hopefully a year is long enough.
Posted by LSURussian
Member since Feb 2005
127355 posts
Posted on 1/2/15 at 12:54 pm to
quote:

Ok- dumb noob question. I just shorted TWTR at $36.81, then covered my short at $35.76- that means I made $.05/share?
No, it means you made $1.05/share. Good trade!
Posted by Volvagia
Fort Worth
Member since Mar 2006
51963 posts
Posted on 1/2/15 at 12:54 pm to
That's my problem really.


Don't have the time to seriously do it, amd it's not a skill I would want to use on "real money" anyway. So why develop it?
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8602 posts
Posted on 1/2/15 at 1:02 pm to
Awesome- that's what I thought- the buy price was $35.81, not $36.81. But at least now I'm figuring out that concept.

Thanks and good luck
Posted by Volvagia
Fort Worth
Member since Mar 2006
51963 posts
Posted on 1/2/15 at 1:05 pm to
He doesn't need luck.


We do.

I'll be absolutely shocked if he isn't in the top 3.
Posted by LSURussian
Member since Feb 2005
127355 posts
Posted on 1/2/15 at 1:32 pm to
quote:

He doesn't need luck.


We do.

I'll be absolutely shocked if he isn't in the top 3.
Thanks for the compliment but I will be "absolutely shocked" if I DO finish in the top 3.

I just don't take enough risk to make big money on trades in spite of this game being only play money.

So far today I've just mirrored my trades in my Schwab account for the most part so you won't see really big swings in my game's portfolio balance.

If I can learn that this game is only phony money, maybe I'll take more beta but until then, I'll just be my boring self.
Posted by Athletix
:pels:
Member since Dec 2012
5074 posts
Posted on 1/2/15 at 3:01 pm to
Welp it was a positive first day... Thanks Twitter!
Posted by bayoubengals88
LA
Member since Sep 2007
19275 posts
Posted on 1/2/15 at 3:15 pm to
Well that was fun
Posted by NBR_Exile
Houston via Baton Rouge
Member since Jul 2012
1011 posts
Posted on 1/2/15 at 4:51 pm to
Yes, today was fun. My strategy will change from a sprint to a marathon very soon. I had a lot of time today to daytrade and it was nerve wracking even with fake money.

Thanks to OnTheBrink for setting this up.
Posted by LSURussian
Member since Feb 2005
127355 posts
Posted on 1/2/15 at 5:04 pm to
Your shorting those 38,600+ shares of BCLI and covering at a per share profit of $.87/share was a home run!
Posted by LSUGUMBO
Shreveport, LA
Member since Sep 2005
8602 posts
Posted on 1/2/15 at 7:10 pm to
quote:

Thanks Twitter!

Yeah I made la little while it was bouncing around after noon, but then I shorted 5k shares at $38.91 lost my you know what on that one so far.
Posted by LSURussian
Member since Feb 2005
127355 posts
Posted on 1/2/15 at 7:10 pm to
quote:

bout to make russian my bitch

I just now saw this.

So.....how's that going for you so far?
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7175 posts
Posted on 1/2/15 at 7:34 pm to
quote:

So.....how's that going for you so far?


hey, i'm playing the long game here.

this is chess not checkers, junior



Posted by bayoubengals88
LA
Member since Sep 2007
19275 posts
Posted on 1/2/15 at 8:21 pm to
One year in the market is more checkers than chess
Posted by LSURussian
Member since Feb 2005
127355 posts
Posted on 1/2/15 at 8:32 pm to
Is 21 shares of UGAZ chess or checkers?
Posted by bayoubengals88
LA
Member since Sep 2007
19275 posts
Posted on 1/2/15 at 8:57 pm to
quote:

Is 21 shares of UGAZ chess or checkers?



White Perch is ok. He just needs to give up on landing a 15% dividend
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7175 posts
Posted on 1/2/15 at 8:58 pm to
(no message)
Posted by white perch
the bright, happy side of hell
Member since Apr 2012
7175 posts
Posted on 1/2/15 at 9:05 pm to
quote:

21 shares of UGAZ


I hate gambling and I can't stand to lose money. 21 shares is all I'm willing to risk.

Besides, I'm not actually expecting to make money with this. I'm just learning. I learn faster with skin in the game. I've got a day job that pays well and mutual funds and ETFs as investment vehicles in tax sheltered and non tax shelters accounts. The Robinhood app makes playing with solo stocks and non commission free ETFs much cheaper.
Posted by CajunAlum Tiger Fan
The Great State of Louisiana
Member since Jan 2008
7883 posts
Posted on 1/2/15 at 9:08 pm to
So is it closed to enter now? I registered, but following your link gives me no option to join?.
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