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Thread: Day Trading

  1. #11
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    Quote Originally Posted by East of the Beast View Post
    I'm thinking I'm going with things I know, like gas and oil.My thinking is with the spigot from Iran being shut-off,that forces more production here.I'm familiar with a couple of mid stream companies,one I worked for.We'll see how it goes.Again just a minimum investment.It is as much about entertainment as it is about making money.
    If it's money you can afford to lose, and "For Entertainment Purposes Only"...go with it. No worse than a trip to Vegas to gamble.

    Just know when to fold 'em. Profit, in a couple of days' moves, is not - in this market - indicative of intelligence or savvy. More likely it would be dumb luck.

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    Quote Originally Posted by JustPassinThru View Post
    If it's money you can afford to lose, and "For Entertainment Purposes Only"...go with it. No worse than a trip to Vegas to gamble.

    Just know when to fold 'em. Profit, in a couple of days' moves, is not - in this market - indicative of intelligence or savvy. More likely it would be dumb luck.
    geez thanks for the compliment


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    Quote Originally Posted by East of the Beast View Post
    geez thanks for the compliment
    Not intended as an insult.

    NO ONE can predict the whims of the various economic commissars we have today. NO ONE knows what hidden pressures Jerome Powell is facing; or what Jamie Dimon will tell his minions to do with the Chase proprietary accounts or with gold derivatives.

    I put it that way to caution you into falling into a common day-trader's trap: When they make some money, they start believing it's because they have it figured out. And then they get more ambitious, and risk more, and guess wrong.

    Good luck. Just keep reminding yourself - luck is what it is.

    @East of the Beast

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    Quote Originally Posted by JustPassinThru View Post
    Not intended as an insult.

    NO ONE can predict the whims of the various economic commissars we have today. NO ONE knows what hidden pressures Jerome Powell is facing; or what Jamie Dimon will tell his minions to do with the Chase proprietary accounts or with gold derivatives.

    I put it that way to caution you into falling into a common day-trader's trap: When they make some money, they start believing it's because they have it figured out. And then they get more ambitious, and risk more, and guess wrong.

    Good luck. Just keep reminding yourself - luck is what it is.

    @East of the Beast
    I really didn't take it as an insult.Just like in the casino if I happen to make anything I'll cash it out the same day. When the principal I have initially invested is lost then I'm done.


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    Dang I'm chompin' at the bit and they are making me wait until Monday before they will let me trade.Making sure my linked funding account is legit and identity security. I get it though.It's a good thing.
    Last edited by East of the Beast; 04-24-2019 at 03:44 PM.


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    Northern Rivers (05-15-2019)

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    you made your own rules yet?

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    Dow drops as new tariff deadline looms

    Have you hugged a bear lately?

    On Sunday, President Donald Trump tweeted that he intended to raise the rate of tariffs on $200 billion worth of Chinese imports to 25%, and impose that same rate of taxes on an additional $325 billion worth of goods. The unexpected threat of escalation generated a whirlwind of volatility in markets, and was reportedly spurred by Beijingís last-minute reneging on a slew of key parts of the working trade deal.

    Dow drops as new tariff deadline looms
    ĎHeaven has a wall, a gate and a strict immigration policy. Hell has open borders. Let that sink in.í
    Why with the Liberals one American life is too many to lose when it comes to gun control, But when it comes to Illegal Aliens murdering US citizens it's not?

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    it would be great if President Trump would emplace a 75% tarrif on all imported gift wrapping paper, bows and gift string.

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    here it is. at some point someone will get exasperated at the slowness of the sales contract of the gas prices to be made....... by Jadestone energy. yes, its nam. yes, morals says dont touch it. if these guys dont, the japs will. four wells. each going for a 60mm 24IP. contstant natural flow combined at 80mmcfpd.
    55 months? more infill drilling.
    Last edited by jirqoadai; 05-12-2019 at 12:46 AM.

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    Quote Originally Posted by East of the Beast View Post
    Dang I'm chompin' at the bit and they are making me wait until Monday before they will let me trade.Making sure my linked funding account is legit and identity security. I get it though.It's a good thing.
    This dumb hippy decided to take six weeks of "Introduction To Share Trading" at a Gold Coast TAFE college. (Community College)

    The stockbroker that holds these classes...also has a daily email for past students. I started with $28K (Aussie) mid-December and now am bouncing up and down either side of $50K...

    AFTERPAY...AFT...sort of like a charge card. Soon to float in the USA & Canada. (up .54% today)

    BELLAMY'S...BAL...baby formula milk powder now starting up in China. (111% return since Xmas...up .64% today)

    GALAXY RESOURCES...GLX...owners of the big lithium strike in Australia. (22% return in the last two weeks...up 1.86% today)

    Others have come and gone...poor performers...but...these three are keeping me way ahead.

    I suggest you good people consider my own head scratching:

    "Bank interest is diddly. Extra mortgage payments don't do a whole lot. Maybe I should get into the market?"

    Go back to school and learn for yourselves. Don't give a broker your watch only to pay to find out what time it is!
    If you don't practice...you'll sound like it. And, if you don't tune, your life will sound like it, too. Listen to the intervals. That's where it all hides from you.....

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    East of the Beast (05-15-2019)

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