- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
These massive swings... Is it just me, or is it easy to trade
Posted on 3/16/20 at 1:56 pm
Posted on 3/16/20 at 1:56 pm
Maybe I remember 2008 and automatic reflexes are kicking in.
MSFT down $20.. I'm buying and selling the bounce. And not even a hesitation.
I'm not suggesting anybody else do it, but if you were around back then.... this is not hard.
MSFT down $20.. I'm buying and selling the bounce. And not even a hesitation.
I'm not suggesting anybody else do it, but if you were around back then.... this is not hard.
5
Posted on 3/16/20 at 1:59 pm to Jjdoc
Explain for us novice investors, very new at this.
Posted on 3/16/20 at 2:02 pm to AU4real35
quote:
Explain for us novice investors, very new at this.
buy low, sell high
Posted on 3/16/20 at 2:06 pm to Pendulum
Pretty much. I mean, if MSFT doesn't bounce during the day you own a great stock with a nice divi and can wait it out to sell or hold it for long term.
BUT since this whole "the world is burning and you will die and be worm meat", the swings have been there.
BUT since this whole "the world is burning and you will die and be worm meat", the swings have been there.
Posted on 3/16/20 at 2:06 pm to AU4real35
Volatility is the bread and butter of many strategies. It doesn’t matter which direction, as long as there’s movement.
Posted on 3/16/20 at 2:22 pm to Decisions
quote:
Volatility is the bread and butter of many strategies. It doesn’t matter which direction, as long as there’s movement.
Exactly. It would be harder if we were moving in increments of 100 points... But we aren't
Posted on 3/16/20 at 2:51 pm to Jjdoc
It depends on the stock. AMZN and GOOG will. But a $150+/- stock like MSFT isn’t going to have $100 swings. If you’re seriously day trading, it’s $/tick.
Posted on 3/16/20 at 2:57 pm to Jag_Warrior
quote:
it’s $/tick
You cant be serious ..
Posted on 3/16/20 at 2:59 pm to Jjdoc
I don't have the time, patience, or heart to day trade 
Since Wed last week I have bought 13 different stocks or funds. I'm just gonna look back in 5-10 years and thank Corona
Since Wed last week I have bought 13 different stocks or funds. I'm just gonna look back in 5-10 years and thank Corona
Posted on 3/16/20 at 2:59 pm to LSUTOM07
How are you valuing moves in your long/short trades?
And don't call me Shirley...
And don't call me Shirley...
This post was edited on 3/16/20 at 3:42 pm
Posted on 3/16/20 at 3:01 pm to Jjdoc
no one believes you dude
day trading in this market is dumber than hell.
day trading in this market is dumber than hell.
Posted on 3/16/20 at 3:18 pm to Sho Nuff
quote:so you should have seen these stocks drop dramatically today(Monday).
Since Wed last week I have bought 13 different stocks or funds. I'm just gonna look back in 5-10 years and thank Corona
Posted on 3/16/20 at 3:21 pm to Cycledude
Today, I bought 6 of those 13. The other 7 were either in the red or green by a little.
Posted on 3/16/20 at 3:21 pm to Jjdoc
If you're a smart trader, you can make money with this.
The problem is that mom and pop has been forced into the stock market due to a)the artificially low interest rates* which have ensured getting zilch in a bank deposit b)the growth of 401Ks in lieu of a defined benefit retirement plan, which puts investment risk in the hands of a plumber,, architect, etc. c) the lack of flexibility and tools within 401ks as compared to the rest of the market; you can't trade in 401Ks, can't short, can't buy options and even the fixed income alternatives are limited.
*and the point of low interest rates and doing inane things like cutting the discount rate at full employment is to boost the stock market - it backfired.
The problem is that mom and pop has been forced into the stock market due to a)the artificially low interest rates* which have ensured getting zilch in a bank deposit b)the growth of 401Ks in lieu of a defined benefit retirement plan, which puts investment risk in the hands of a plumber,, architect, etc. c) the lack of flexibility and tools within 401ks as compared to the rest of the market; you can't trade in 401Ks, can't short, can't buy options and even the fixed income alternatives are limited.
*and the point of low interest rates and doing inane things like cutting the discount rate at full employment is to boost the stock market - it backfired.
This post was edited on 3/16/20 at 3:23 pm
Posted on 3/16/20 at 3:46 pm to Mr Perfect
I’m gonna disagree with you there Perfect. This market is killing it for day trading and options trading. I have an account for day trading and options and I’m killing it
Posted on 3/16/20 at 3:58 pm to Mr Perfect
quote:
day trading in this market is dumber than hell.
Wrong...it's a trader's paradise
Posted on 3/16/20 at 4:37 pm to Jjdoc
quote:It's easy to trade . . . . until it isn't
These massive swings... Is it just me, or is it easy to trade
But you're right though. Made a truckload on these swings.
At this point, picking up longer term equity positions.
Switched to planned trades focusing on levered products.
e.g., Picked up UPRO at $27 & $30 on Th. Sold at >$34 Fri.
Bought back in at $23.40 today. Will dump it on the next big upswing,
Meanwhile, will just let most other positions ride.
Posted on 3/16/20 at 4:40 pm to Upperdecker
not for me my guy. risk adverse fact based trader
gl to all
gl to all
Posted on 3/16/20 at 4:51 pm to Mr Perfect
quote:"Day trading" means different things to different folks. The OP said trade swings. I think the OP was referring to short-term trades rather than true day trading. If you've not been trading swings here, you've certainly missed one opportunity to make money in this market.
day trading
Posted on 3/16/20 at 4:54 pm to Mr Perfect
quote:Buying-and-holding here will look very good come Christmas.
not for me my guy. risk adverse fact based trader
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News