| StockFetcher Forums · Stock Picks and Trading · Intraday Alerts | << 1 ... 1358 1359 1360 1361 1362 ... 1903 >>Post Follow-up |
| karennma 8,057 posts msg #124396 - Ignore karennma |
7/17/2015 9:13:19 AM NFLX close @ 115.81 yesterday. Current pre-M = $116.65. Was up $17 yesterday. |
| johnpaulca 12,036 posts msg #124397 - Ignore johnpaulca |
7/17/2015 9:23:07 AM NFLX.....I've had this in my retirement portfolio for about 5-yrs now, in at $106 pre-split(7000 shares now) will have to thin it back. |
| johnpaulca 12,036 posts msg #124398 - Ignore johnpaulca |
7/17/2015 9:26:11 AM HME($73.45)...booya buy. |
| karennma 8,057 posts msg #124400 - Ignore karennma |
7/17/2015 10:42:14 AM So, GOOG is up $150 in a week after being stagnant for a year? |
| four 5,087 posts msg #124404 - Ignore four |
7/18/2015 1:05:01 AM |
| karennma 8,057 posts msg #124406 - Ignore karennma |
7/18/2015 10:14:40 AM johnpaulca 8,916 posts msg #124397 - Ignore johnpaulca 7/17/2015 9:23:07 AM NFLX.....I've had this in my retirement portfolio for about 5-yrs now, in at $106 pre-split(7000 shares now) will have to thin it back. ==================================================================== PROOF! "Trading" ain't all it's cracked up to be. Most people LOSE money trading. I remember trading NFLX twice somewhere between $68-$75. In two years, I could've held NFLX, done nothing else and quadrupled my gains. Trading is BS. |
| scott111552 173 posts msg #124411 - Ignore scott111552 |
7/18/2015 7:11:43 PM then why continue? Find a good mentor if you must trade........ |
| four 5,087 posts msg #124413 - Ignore four modified |
7/18/2015 7:16:21 PM k, I notice, you offer proof trading works AND offer proof trading doesn't work. |
| johnpaulca 12,036 posts msg #124418 - Ignore johnpaulca |
7/19/2015 11:37:19 AM way too much risk in your trading style. |
| karennma 8,057 posts msg #124419 - Ignore karennma |
7/19/2015 12:55:27 PM Guys! You've missed my point. The math is simple. Let's say, I bought NFLX 2 yrs. ago (which I did) somewhere between $68-$75. I buy 500 shrs per trade. It moves up ONE dollar & I take my profit. Let's say, I traded it 5 times. My strategy is repetitive and yes, Four, you are correct, "it works" -- usually. Buy a dip, sell @ $1 gain each time. Depending on the stock, the move can be anywhere from $1-$5 in a day or two. However, my goal is to be in cash, not "stuck" in positions like I was in June during this long correction. So, for simplicity's sake, let's just say, every $1 move, yields a $500 gain. I take my gain, & stay "in cash", until the next trade. If anyone here consistently reads my posts, you know I look for at least ONE DOLLAR moves, not pennies .. unlike many of JP's trades. I try to stay away from doing 4+ trades a day. I'm not saying there's anything wrong with that kind of trading. It's just that .10-.50 cent moves would require too much daily trading for me. Just like trading 5, 6, 7 -- different stocks per day or week doesn't work for me. So, I made $2500 on NFLX and moved on to another stock (which I think, at the time was TSLA). TWO years transpire. In 2013, did I think NFLX would go to $700? Uh, frankly, no. Did I think 2 years ago, the DOW would hit 18,000? Did you? Do you think the DOW will be 20,000 year end? My POINT was, I would've made more money, NOT trading ANYTHING and just holding 500 shrs. of NFLX for 2 years. JP has already proven that point with his previous post. U do the math. If you're making $150-300K a year "trading", then, my apologies. I'm certainly not as skilled as you. |
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