BMW M3 Forum (E90 E92)

BMW Garage BMW Meets Register Search Today's Posts Mark Forums Read


Go Back   M3Post - BMW M3 Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board
 
EXXEL Distributions
Post Reply
 
Thread Tools Search this Thread
      11-19-2010, 05:45 PM   #45
ejheverest
First Lieutenant
ejheverest's Avatar
United_States
14
Rep
395
Posts

Drives: E90 SG 330i
Join Date: Nov 2006
Location: Mass, NH, Maine, Virginia

iTrader: (0)

agree, I have have been in since 10-14-10

Regarding SEC day-trading rules- as long as you have the 25k minimum they will leave you alone. A few years ago when I was day trading I had a very small account and could only trade until my day trading buying power went to zero for that day or it was reset. I would say its >95% where day traders end up with nothing in the long run or get wiped out due to improper position sizing compared to account size.
__________________
SOLD......E90 SG, ColdWeather Pckg, Sport Pckg, Logic7,H R Sports, Rogue Ikon, M sport shift knob/boot
Appreciate 0
      11-20-2010, 02:47 PM   #46
BayMoWe335
Lieutenant Colonel
594
Rep
1,931
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Quote:
Originally Posted by richpuer View Post
yes it does make u think...but if u quit your job and attempt this full time, you will see that the tides have changed and ironically be looking back at the f/t job, going what the hell did i get myself into after blowing an account or two....making money in a bull run can be done even by even the greenest of all investors (not implying ur green or anything, just saying)....trading for a living is a WHOLE NEW ballgame. many have tried their hand at this and probably more than 90% fail...you ask why? because if it were easy, everyone on the planet would be doing it...it's the greatest job in world.. Afterall, where else could you work 6 hours a day, from home in your underwear, AND make a 6-7 figure salary?

best of luck to u, mate!
Ha! By no means do I think I have the skills to quit my job and do this full time. It's just nice extra money. When I said it makes you think, I just meant it's so funny that you work hard and long hours at work and the right trade can make you more so much more easily.

I'd say more like 98% fail. This has been a relatively easy market to navigate as of late. I know a guy that worked for George Soros and developed automated trading software (prob that smartest guy I know) and he is always preaching how difficult and how shitty of a lifestyle it can be doing it full time.
Appreciate 0
      02-20-2011, 04:43 AM   #47
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

SLV should continue to do well. First target is $35 then $40 and then possibly $50 this year.

http://www.google.com/finance?q=slv

I also like NVDA. First target price is $30 and then off to $40 this year as long as the stock market does not crash.

http://www.google.com/finance?q=nvda
Appreciate 0
      02-20-2011, 08:54 AM   #48
Augenbrauezug
Captain
Augenbrauezug's Avatar
36
Rep
658
Posts

Drives: mk6 GTI
Join Date: Oct 2010
Location: Denton

iTrader: (1)

I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.
__________________
Bimmer-less ATM
Quote:
Originally Posted by JayKay335i View Post
Straight PIITB. Then eat dumplings.
Appreciate 0
      02-20-2011, 10:05 AM   #49
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by Augenbrauezug View Post
I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.

This should be good.

http://www.bloomberg.com/news/2011-0...n-u-s-ipo.html
Appreciate 0
      02-20-2011, 10:30 AM   #50
Buegie
Captain
Buegie's Avatar
United_States
27
Rep
714
Posts

Drives: 330xi
Join Date: Feb 2008
Location: CT/DC

iTrader: (2)

Quote:
Originally Posted by Augenbrauezug View Post
I'll take advantage of this thread. I've wanted to invest for sometime, but I've never done anything serious. I used to give some money to my uncle for him to work with but he passed away from skin cancer last year.

Can anyone recommend a good read for me to get started? This is mostly gibberish to me. For example, I don't have any idea what ETF's are. I know I could google ETF's, but I'd really like to learn to trade.
read investopedia, good basic info.

ETF's are exchange traded funds. They're similar to mutual funds in that they are groups of securities that you buy into in order to spread your risk around. MF's though are marked to market, meaning that they are settled at the end of each day at 6pm and the gain/loss is computed. ETF's on the other hand are traded just like equities and their values move throughout the day.
__________________
Black Dakota | Aluminum | Sport | Premium | Cold | iDrive | CA
Appreciate 0
      02-20-2011, 10:30 AM   #51
Augenbrauezug
Captain
Augenbrauezug's Avatar
36
Rep
658
Posts

Drives: mk6 GTI
Join Date: Oct 2010
Location: Denton

iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.
__________________
Bimmer-less ATM
Quote:
Originally Posted by JayKay335i View Post
Straight PIITB. Then eat dumplings.

Last edited by Augenbrauezug; 02-20-2011 at 10:38 AM.
Appreciate 0
      02-20-2011, 02:33 PM   #52
Inspired
Colonel
Inspired's Avatar
92
Rep
2,374
Posts

Drives: 335i
Join Date: Dec 2007
Location: California

iTrader: (2)

Exxon continue to go..

http://www.google.com/finance?q=exxon
Appreciate 0
      02-20-2011, 02:37 PM   #53
Shorting
Private First Class
Shorting's Avatar
Serbia
13
Rep
110
Posts

Drives: LCI 335i
Join Date: Jan 2011
Location: OC, Ca

iTrader: (0)

nice didnt know this thread was here
__________________
Appreciate 0
      02-20-2011, 03:44 PM   #54
BayMoWe335
Lieutenant Colonel
594
Rep
1,931
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

I've made some quick/easy money on XOM, V, CSCO, VZ, DIS, BAC, GLD, WFC, RIG, BP, LVS, YHOO, HPQ, AAPL, and others. I enjoy investing and have very black/white rules to keep emotion out of trading. I make 20-25%, I take some or all off the table. I also separate my short and long term investing strategies. Sometimes, I take it off the table even sooner (maybe at 10%). That hurts when the stocks you were in keep going up after you sell, but protects you from being too piggish and losing your profits. You have to stay zen about the whole thing and remember any profit is good. You also need to know when to admit you're wrong, unless you can hold for a long, long time.

A word of warning: This market has been extremely bullish for the last 6 or so months. It was even better from about Mar09 to Mar10; everything was up. Dipped a little, now same story. Basically every company made you money if you were long, so it would appear you are a genius stock picker during those times. Be careful. This market has run up a lot and might even run up more. I am struggling with the prospect of getting too deep in at these levels because a pullback seems to be imminent. Not a crash, but maybe a 10% pullback. I am roughly 50% in and 50% out at the moment. The above companies are examples of solid, large companies that had success in the past and were beaten down during the last recession. You just have to have confidence they'll turn it around and become great again. Many of the above did just that.

Last edited by BayMoWe335; 02-20-2011 at 03:54 PM.
Appreciate 0
      02-20-2011, 06:11 PM   #55
achien
AC
Canada
56
Rep
2,387
Posts

Drives: E90 Post Members Crazy
Join Date: May 2007
Location: Toronto, Canada

iTrader: (0)

time to sell or short some stocks...

you know the bull market is over-bought when you have e90 members talking about stocks...
__________________
Your Supreme Leader
Appreciate 0
      02-21-2011, 02:16 AM   #56
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Silver is doing good so far today in Asia and Europe.

http://www.kitco.com/market/


SLV should see some nice gains when Market opens back up on Tuesday in the US.
Appreciate 0
      02-21-2011, 11:07 PM   #57
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html
Appreciate 0
      02-21-2011, 11:08 PM   #58
JayKay335i
Banned
Egypt
113
Rep
5,047
Posts

Drives: ///M323 DCT
Join Date: Apr 2009
Location: North Dakota; its best DUHHHHHH

iTrader: (1)

Quote:
Originally Posted by stylinexpat View Post
My SLV Targets should hit this year. and I have a target price for $110 for OXY.

http://www.brisbanetimes.com.au/busi...222-1b3iq.html
Damnnn. I sell my OXY for $20 each.
Appreciate 0
      02-22-2011, 02:11 AM   #59
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by Augenbrauezug View Post
Danke, I think it's funny I'd trust the guys and gays here in OT before I'd trust any random google search with my finances.

LMFAO I meant guys and gals. I'll leave it for comedic value.

Keep an eye on my calls then
Appreciate 0
      02-22-2011, 06:45 PM   #60
jlspeed29
Major
jlspeed29's Avatar
152
Rep
1,174
Posts

Drives: 13 C300 Sport
Join Date: Aug 2007
Location: BOS now..formerly SoCal

iTrader: (0)

Garage List
2008 335 coupe  [4.00]
Quote:
Originally Posted by MrRoboto View Post
SIRIUS has treated me well so far.



also...thank you Lybia...USO up 5% today
__________________
Retired: 08E92xZSPxSTYLE230xSADDLExPDCxPADDLExCOMFORT/JB3 tune
Current: 13 w204/white/sport/dynamica-amg interior/multimedia/rear roof spoiler/trunk spoiler/heated seats

A fisherman always sees another fisherman from afar
Appreciate 0
      02-22-2011, 10:10 PM   #61
hl0m4n
Major General
hl0m4n's Avatar
United_States
937
Rep
5,514
Posts

Drives: BMW
Join Date: Nov 2006
Location: NY

iTrader: (53)

we shoulda all bought stocks of netflix back in the day for cheap at $20 and sell now at $200 . their 5 year chart really impresses.

also under armour was once $12 and is now $70s.
__________________
Cars: 07 335i ► 08 328i ► 11 328xi ► 13 M3 ► 17 M4 ► 14 M6
Appreciate 0
      02-22-2011, 10:34 PM   #62
jlspeed29
Major
jlspeed29's Avatar
152
Rep
1,174
Posts

Drives: 13 C300 Sport
Join Date: Aug 2007
Location: BOS now..formerly SoCal

iTrader: (0)

Garage List
2008 335 coupe  [4.00]
i have a love/hate for netflix...
idk

it is the way of the future i suppose and with blockbuster in BK now we'll have to see what happens when they reemerge
__________________
Retired: 08E92xZSPxSTYLE230xSADDLExPDCxPADDLExCOMFORT/JB3 tune
Current: 13 w204/white/sport/dynamica-amg interior/multimedia/rear roof spoiler/trunk spoiler/heated seats

A fisherman always sees another fisherman from afar
Appreciate 0
      02-22-2011, 11:13 PM   #63
BayMoWe335
Lieutenant Colonel
594
Rep
1,931
Posts

Drives: 2010 E92 335i 6MT
Join Date: Aug 2009
Location: US

iTrader: (0)

Quote:
Originally Posted by hl0m4n View Post
we shoulda all bought stocks of netflix back in the day for cheap at $20 and sell now at $200 . their 5 year chart really impresses.

also under armour was once $12 and is now $70s.
Wow, just that easy.

Should have bought WMT in 1981. What was I thinking?
Appreciate 0
      02-23-2011, 12:44 AM   #64
Shorting
Private First Class
Shorting's Avatar
Serbia
13
Rep
110
Posts

Drives: LCI 335i
Join Date: Jan 2011
Location: OC, Ca

iTrader: (0)

copper... I'm positioning myself w/ some commodities and with the way crude is going gold should play
__________________
Appreciate 0
      02-23-2011, 03:44 AM   #65
jibaholic101
Brigadier General
107
Rep
3,503
Posts

Drives: women wild
Join Date: Nov 2008
Location: Charleston, SC

iTrader: (0)

Quote:
Originally Posted by BayMoWe335 View Post
I've followed LVS since below $2 and recently AIB since below $1. It is so hard to pull the trigger on these high risk stocks, but the payoff is unbelievable. Still, investing $20,000 in LVS back at $2 would have been genius, but the chances of holding it much longer than $4, $6, etc. would diminish significantly as its price increased. More likely, you would have bought and sold several times on the way up. If you were at all concerned with your initial investment, you'd probably run out with a double or triple. Of course you later realize that if you held it a year, you'd be up 25 times. That is just nearly impossible.

I've made more money in the market in 2H2010 than I have at my job. Makes you think. I use Ameritrade and my own advice. Honestly, I've learned no one really knows so doing your own research is easily as good or better than any advice you receive.
LVS FTMFW!!!!!!! Adelson is winning



Anything involved in commodities is the way to go on long holds IMO. You can make a killing in the futures market if you are able to trade in it
__________________
some italian, german, and japanese ones; and on order more of the same
Appreciate 0
      02-23-2011, 04:00 AM   #66
stylinexpat
Major
stylinexpat's Avatar
224
Rep
1,203
Posts

Drives:
Join Date: Aug 2008

iTrader: (0)

Quote:
Originally Posted by jibaholic101 View Post
LVS FTMFW!!!!!!! Adelson is winning



Anything involved in commodities is the way to go on long holds IMO. You can make a killing in the futures market if you are able to trade in it
I had tipped LVS a long time ago but not on this board. LVS is good. AMD is one to keep an eye on. Currently I like NVDA and SLV. NFLX had a great run already.

New IPO called RENREN will be coming up and should be good.
Appreciate 0
Post Reply

Bookmarks

Tags
all these tags are gay, angelin=17y/o kid, angelin=trollposter, angelinisrich08=poor, angelinisrich=fullofshit, dummies for stocks, ferrari335fi is not smart, ferrari335fi is poor, greek uses monopoly money, greek335 = fuckin moron, greek335 is full of shit, listen2persian=bankrupt, persian bangs men, persian faps to bav

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off


All times are GMT -5. The time now is 09:44 PM.




m3post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST