Thread: Stock Trading: reg stocks, ETFs, Indexes, etcs - buying, selling, discussion

Originally Posted by Muadib

There are many, many online forex brokers, so I won't recommend one... Look for a broker with tight spreads and has good reviews... Most will offer you a free demo account to get started trading forex...

There are many online forums with a lot of good information related to forex... I frequent Forex Factory as there is a large and active online membership...

Yeah Forex Factory velly good, also babypips for terminology etc. Time frames can be as little as seconds when trading on economic news like interest rates, quantitive easing and US pay roll.

Have been selling put options monthly on XTO (39) RIMM (65) and QCOM (41).

Selling a PUT is identical to a covered call position but no dividend.

This is the best US site for options:

https://www.optionsxpress.com/

Originally Posted by jim1176

Have been selling put options monthly on XTO (39) RIMM (65) and QCOM (41).

Selling a PUT is identical to a covered call position but no dividend.

This is the best US site for options:

https://www.optionsxpress.com/

Can't bend my head around options. Are they a sort of trade with a time limit.
I think someone said there a sort of bungee deal.

Originally Posted by the dogcatcher

Can't bend my head around options. Are they a sort of trade with a time limit.
I think someone said there a sort of bungee deal.

I have the option account with Scottrade, and do trade option from time to time, mostly for the PUT.
However my success rate is hmm about 10-20%...losing money 8/10 times.

Not because I don't make any money, but becoz I didn't buy enough contracts to make it worthwhile to pull out...too scare I guess.
Oh I can read the general trend quite well, but specific timing is everything when playing with the option, otherwise everything get spoiled by the expiration date.
Somehow I'm pretty bad in the "specific" timing, technical wise - for option trading.

Guess due to my track record and know my winning inability quite well,... therefore it's better for me to stay away from it.

Try forex futures then. They time out as well of course, but keep their money. Got to admit I don,t know anything about options. Also I think forex is easy.

Put up the 1 hour GBPUSD chart for the last two days and put a stochastic on it. Nice money even at 25 baht a point.

Originally Posted by mooncake

already got a basket load of INTC, couple months ago

This just out from Citi:

"INTC: Raising Estimates/Price Target — We are raising our 2010 revenue forecast to $38.8B from $36.8B reflecting seasonal growth from the 4Q09 base. . Our new price target is $26 from $25. Buy/Medium Risk.
Derivative Calls — As we wrote in our October 12, 2009, Semi Beat publication , despite signs of 2x ordering, sell through has been good, and inventories remain in check. Our analysis shows that consensus estimates remain conservative, reflecting below seasonal growth trends. While likely an extreme, Intel’s results are a testament to the conservatism of estimates. We again reiterate our positive stance on the group, expecting earnings momentum to drive shares higher. We focus on NVDA, ALTR, & AMD in addition to INTC"

Originally Posted by Spin

Originally Posted by mooncake

already got a basket load of INTC, couple months ago

This just out from Citi:

"INTC: Raising Estimates/Price Target — We are raising our 2010 revenue forecast to $38.8B from $36.8B reflecting seasonal growth from the 4Q09 base. . Our new price target is $26 from $25. Buy/Medium Risk.
Derivative Calls — As we wrote in our October 12, 2009, Semi Beat publication , despite signs of 2x ordering, sell through has been good, and inventories remain in check. Our analysis shows that consensus estimates remain conservative, reflecting below seasonal growth trends. While likely an extreme, Intel’s results are a testament to the conservatism of estimates. We again reiterate our positive stance on the group, expecting earnings momentum to drive shares higher. We focus on NVDA, ALTR, & AMD in addition to INTC"

Good news for Moon unit then.

Originally Posted by mooncake

yay yay yay...yippiiii

SWY, BKC, INTC.......schweet today
told you....I saw the upside breakout of BKC 2 days ago.

ok I better not be too happy,...might give me a bad karma

Yeah, don't let your dogma eat your karma. That would be dukka.

Another dizzy day for SWY today......whoohooo!!
So far up 17% since I bought in 2 weeks ago. Should I sell it tomorrow?
Like I said in my original post a few days ago....I think $23-24 should be the TOP for this run up. Just broke over $23 today!

btw...How is everyone doing?

Ok. 200 points Wed and Thurs. Think the GBPUSD rally is over now. Just about to look.

200 pts?..

Originally Posted by mooncake

200 pts?..

200 stock market points. The trade is based on pips or points. Say the FTSE stands at 5000 and you buy in at 1.00 pound a point and it goes up to 5100 you"win" 100 pounds, if it goes down you lose.
GBPUSD gone up lots this week. I was in until yesterday night when I sold for a "win" of 200 points at 1.00 pound a point. 200 pounds up.
It will probably go down this afternoon cos Americans who are holding long positions will not leave them over the weekend. Those holding short positions have already jumped from their office windows.

It's is a sort of percentage expectation. We work with a risk/reward figure. ie How much can I expect to "win" against how much I can expect to "lose" if I get it wrong. This varies as conditions change. Different stratergies produce different risk/reward figures. The stratergy used will depend on market conditions. Most of my entry and exit points are based on technicals, and to a lesser extent market news and economic announcements. CNBC gave me a good steer on dollar this week, although we all knew it was long overdue.
We don't for instance "buy" or "sell" currency in the traditional way you would by for instance INTEL shares. Google leverage products. But if you want to know what it's really called I'll send you a private message Moony.

Originally Posted by the dogcatcher

Most of my entry and exit points are based on technicals, and to a lesser extent market news and economic announcements.

yup yup SAME SAME here

Originally Posted by the dogcatcher

We don't for instance "buy" or "sell" currency in the traditional way you would by for instance INTEL shares. Google leverage products. But if you want to know what it's really called I'll send you a private message Moony.

thxs bunches ja,
I will definitely take up your offer, after the job slowing down abit in few months here.
Always want to learn more about it, but I better googling it first just to get my feet wet b4 asking for your help.

No private message. It's spread betting and may well be not allowed in Thailand. It is investing really but as with all stuff like this there is a very real element of risk. You will need at least 500 hours getting to know your pair. I use GBPUSD cos it provides good daily movement, but this is not for the feint hearted. It's more about pychology than anything else. Getting in is easy, it's knowing when to get out is the hard bit. Win or lose.

I know that is not for a faint of heart. That's why I want to be sure and know what I will be getting into beforehand.
And NO I can't say that i am an emotional person..... Well except when doing my real works.

I'm quite happy just sticking with the regular stocks for now....quite overwhelming for me already

What's your real work?

I have absolutely no idea what you do. I am a sea captain, but due to the downturn in the economy have been forced into forex. Also my work is very seasonal and trying to get a really good living out of 4 months a year has been increasingly more difficult, so I needed something I could do here in LOS in the winter ie European winter, which makes good money ie western amounts of money and does not break Thai law, well not much.

I'm an architect and a forecaster.
And got in stock trading during my university years.

Understand the achitect bit, but forecaster? Forecast what?

urban planning: population movement, location analysis for various businesses...etcs