This is BX @ Boxden.com


All Things Stock Market Thread


 All Things Stock Market Thread
topic by Rique - 03-07-2012, 11:37 AM - Boxden > The Money Spot (finance/careers)


Who bought up as much stock as they could yesterday?

Im k!lling it right now I have a short on Yelp
Bought MDSO at 20 n change on thursday bout to sell it soon
Bought apple at 516 yesterday
bought AINV at 6.80
Bought OXF at 6.80
Bought Sprint


share this topic    Share this on Twitter Share this on Facebook

2507 comments for "All Things Stock Market Thread"


 03-08-2012, 09:44 AMaway - #2
eLLz 1 heat pts

  d 
space
$18,563 | POWERFUL
Spit some game, I've been looking into investing and want to know where to get my feet wet.
 03-08-2012, 10:58 AMaway - #3
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Originally Posted by eLLz
Spit some game, I've been looking into investing and want to know where to get my feet wet.
best advice i can give you is dont go in with too much money to fast. Youll probably lose money at first. Theb you best bet is coming up with a strategy. I usually buy near 52 week lows if i see strong financial data on a company. 52 week lows usually jump nicely MDSO made me decent profit in 2 days i made about $5 per share n sold it off.

Do you want to be a longterm investor or day trade?

I also like to be in multiple things which usually helps me keep gaining daily. If tech is down i can make money in pharm
 03-08-2012, 11:33 AMaway - #4
King856 

  d 
space
$14,114 | POWERFUL
you got a broker? how do you find out if they're 52 week lows?

how much did you make in a year?
 03-08-2012, 01:06 PMaway - #5
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Originally Posted by King856
you got a broker? how do you find out if they're 52 week lows?

how much did you make in a year?
Nah, I don't have a broker, but I work in an investment bank. A lot of sites have 52 week lows, but you want to make sure that the stocks are worth while. Earning per share is good, Market cap everyone looks at different numbers. What I would do is before I invest is pick some stocks I like then just watch them and write down the numbers you would've bought them at. Pick about 5-10 stocks. Than at the weeks end look at the stock value and see where its at and do it for about a month. Then calculate how much you would've made if you invested in it.

To your last question I usually play it pretty safe and try to manage my risk. So Ill have 2 or 3 volatile stocks (which just means they move a lot) then 5 strong stocks like apple, honeywell, jnj stuff like that. I try to make $10-$15 a day right now. Which doesnt sound like a lot, but it is. Especially when Im not really investing a ton of money. Once I finish school Ill play around with more money.

Heres a sample of one of my portfolios.
 03-08-2012, 01:07 PMaway - #6
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Ill probably sell some stuff off today and then buy tomorrow cuz Friday I expect the markets to be down some
 03-08-2012, 01:38 PMaway - #7
King856 

  d 
space
$14,114 | POWERFUL
ok, I think I got it. I owned a few stocks before but I got them from a broker at a bank. (dumb I know) what sites do you use?
 03-08-2012, 01:54 PMaway - #8
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Originally Posted by King856
ok, I think I got it. I owned a few stocks before but I got them from a broker at a bank. (dumb I know) what sites do you use?
if you're gonna play with a couple hundred or couple thousand dollars I wouldn't have a broker. You can do it yourself, its cheaper to even just pay someone for their stock picks. They'll tell you what to buy and when. You'll should see good gains off that and won't have to spend a lot of time researching if you don't want to. It all depends what you want to do though. Do you want short term gains or long term stocks that will appreciate over years?

Especially if your goal is long term investing. You could pay someone $25 or so they'll do all the research and tell you some good stocks to buy

Last edited by Rique; 03-08-2012 at 02:02 PM..
 03-08-2012, 02:04 PMaway - #9
King856 

  d 
space
$14,114 | POWERFUL
Originally Posted by Rique
if you're gonna play with a couple hundred or couple thousand dollars I wouldn't have a broker. You can do it yourself, its cheaper to even just pay someone for their stock picks. They'll tell you what to buy and when. You'll should see good gains off that and won't have to spend a lot of time researching if you don't want to. It all depends what you want to do though. Do you want short term gains or long term stocks that will appreciate over years?

Especially if your goal is long term investing. You could pay someone $25 or so they'll do all the research and tell you some good stocks to buy
nah I wanna do the day to day trading like you were talking about. long term I can make my big money work for me. I want something to flip small money. prolly start w like a G
 03-08-2012, 03:01 PMonline - #10
Chaos 369 heat pts369

  d 
space
$13,187 | POWERFUL
If you want to know which stocks you're watching are trading near 52 week high's, pull up a chart on Yahoo/Google finance. If you're day trading, you'll need to know your entry and exit points. Rique pretty much laid it down for you but it's the smaller things that matter too. Gotta have a lot of patience.
 03-08-2012, 04:50 PMaway - #11
o7media 10 heat pts10

  d 
space
$10,009 | POWERFUL
Originally Posted by iNsane
If you want to know which stocks you're watching are trading near 52 week high's, pull up a chart on Yahoo/Google finance. If you're day trading, you'll need to know your entry and exit points. Rique pretty much laid it down for you but it's the smaller things that matter too. Gotta have a lot of patience.
Yeah, or you can do a simple screen for stocks near 52 week lows/highs.

has those settings and more
 03-08-2012, 07:52 PMaway - #12
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Damn props on that site o7 great charts on there too

I hope alcoa can get to its target price

Last edited by Rique; 03-08-2012 at 07:54 PM..
 03-08-2012, 08:01 PMaway - #13
o7media 10 heat pts10

  d 
space
$10,009 | POWERFUL
Originally Posted by Rique
Damn props on that site o7 great charts on there too

I hope alcoa can get to its target price
No prob. The quotes are delayed on the free version, and the charts are basic. I found a way around it after paying for one month ...






^^^ That's the custom chart I use now. Just right click on the chart to see the full link. And change the ticker in the URL to whatever stock you want. You'll get real time quotes then for free. Not streaming unfortunately, but still a nice way around it.

Change it where it says "t=IBM&ty" ...just change IBM
 03-08-2012, 08:05 PMaway - #14
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
What you think about this stock analyst are really bullish on it



I wanna get in, but I dunno if its gonna still go down Id rather buy a lil closer to the 6.55 low n go long

I might buy tomorrow when markets down some

Last edited by Rique; 03-08-2012 at 08:07 PM..
 03-08-2012, 08:24 PMonline - #15
Chaos 369 heat pts369

  d 
space
$13,187 | POWERFUL
What makes you think markets will be down tomorrow?

And, o7...that ADX indicator that you use, you know the length that's 14 days? Would it be wise to change that to 5 since I trade daily? Would keeping it at default (14) lag when I'm using the 5 SMA?

Last edited by Chaos; 03-08-2012 at 08:26 PM..
 03-09-2012, 07:19 AMaway - #16
o7media 10 heat pts10

  d 
space
$10,009 | POWERFUL
Originally Posted by Rique
What you think about this stock analyst are really bullish on it



I wanna get in, but I dunno if its gonna still go down Id rather buy a lil closer to the 6.55 low n go long

I might buy tomorrow when markets down some
XCO looks good here, looks like the bottom is in for now. Could head back up towards $8.
 03-09-2012, 07:21 AMaway - #17
o7media 10 heat pts10

  d 
space
$10,009 | POWERFUL
Originally Posted by iNsane
What makes you think markets will be down tomorrow?

And, o7...that ADX indicator that you use, you know the length that's 14 days? Would it be wise to change that to 5 since I trade daily? Would keeping it at default (14) lag when I'm using the 5 SMA?
I really don't focus on the ADX too much, so I just use the default 14. I guess if use the 5 ma then yeah change it.

I only use 20, 50, 100, and 200 ma's though. And I only use ADX to spot pinch plays.
 03-09-2012, 09:05 AMaway - #18
Rique 30 heat pts30

  d 
space
$24,678 | POWERFUL
Buy list WCG, LEAP, n TMO
 03-09-2012, 09:12 AMaway - #19
philly337 14 heat pts14

  d 
space
$20,483 | POWERFUL
Originally Posted by Rique
Buy list WCG, LEAP, n TMO
Good buys...leap just need to break resistance...other 2 look real good
 03-09-2012, 09:35 AMaway - #20
o7media 10 heat pts10

  d 
space
$10,009 | POWERFUL
I'm short NUAN (25x March puts).

Flipped NKE 110x March calls this morning from .67 to 1.05 for a 56.7% gain. New 52 week highs this morning
 
Thread Tools

 


Go Back   Boxden.Com - Stay First. Follow BX. > BX Table Of Contents > The Money Spot (finance/careers)
    
         
Mark Forums Read

 



Latest hot topics on fire the past 48 hrs
Image inside  Vintage Pam Grier In The 1970's.......
60 comments
Article inside  Ice Cube: Ride Along Was "Robbed" at MTV Movie Award..
75 comments
All Next Gen Console Owners: System off or Standby
55 comments
 Image(s) inside Post Pics: If Bx Was A Person
New reply 33 seconds ago - 103 comments - by mcrw4
 Image(s) inside This Sh-t Is Crazy Son
New reply 5 minutes ago - 102 comments - by HeatMafia410
 Image(s) inside Rappers With Fake Watches Put On Blast!
New reply 2 minutes ago - 152 comments - by ChickzNKickz
 NBA Damian Lillard's New Footlocker Commercial "no Ri...
New reply 8 minutes ago - 68 comments - by Motion
 NCAAB The Shabazz Effect: Ncaa Will Now Allow Division I Stu...
New reply 3 minutes ago - 71 comments - by ogballer32
 Article inside Stevie J's Babymama Has A $ex Tape Coming Out
New reply 8 minutes ago - 216 comments - by Dead Masons
 Image(s) inside Godfather 50 Posting Pics On Twitter Of All The Famous...
New reply 4 minutes ago - 79 comments - by HipHopFactz
 MLB Espn First Take With An Ignorant Tweet On Jackie Robin...
New reply 9 minutes ago - 131 comments - by theFREAK

Like BX on Facebook Follow BX on Twitter
5,697 fans of BX and 1 new today 4,652 following | none new today

hot topic blog       hip-hop   |   sports   |   movies   |   games   |   news   |   wild'ish   |   gear   |   rides   |   tech

contact us   |   mobile   |   privacy statement

 Boxden.com. 1998 - end of time.