Author Topic: Stocks  (Read 282802 times)

Offline Torkay

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Re: Stocks
« Reply #2835 on: January 25, 2018, 07:43:02 PM »
I don't really know much about stocks is there any book or website to read up a bit on the basics of how stocks work and then of course put a few dollars in some stocks?

Is this anything useful for those who have stocks?
https://www.groupon.com/deals/stockpile-inc?
I recently read “the little book that beats the market” by Joel greenblatt I really enjoyed it

Offline ludmila

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Re: Stocks
« Reply #2836 on: January 25, 2018, 11:13:51 PM »
Will take a peek ,any idea where I can start from, there is a lot of info listed in that link?
 thanks
Most books out there are written by people who sell technical systems, news letter writers , economists etc who do not have a track record of trading their own money successfully.

Recommended reads by people who made millions and hundreds of millions trading their own money, I read several hundred books, and these are what I think are a must read
1.Bernard Baruch  Baruch my own story
2. Any book by or about Jesse Livermore
3. Marty Shwartz  Pit Bull  Lessons from Wall Street's champion trader   
4. Market Wizards
5.The New Market Wizards
6. 3 books by my mentor Trader Vic  a.Trader Vic  Methods of a Wall Street Master b. Trader Vic 2 Principles of Speculation c. Trader Vic on Commodities.  From a poker player and runner boy on wall street to one of the world's most successful traders ever.
7. 2 books by Victor Niederhoffer a. The Education of a Speculator  b. Practical Speculation  at one time he was the biggest hedge fund manager on Wall Street, made the most money and fame, was born in Brooklyn to a jewish family, he studied at Harvard and earned a PHD from Booth School of business, and was a finance professor at the University of California Berkley, also was a Squash world champion,THEN HE BLEW IT ALL WITH ONE BAD TRADE.  Anyone will learn his skills plus not to do the fatal mistake he did.

I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline myi

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Re: Stocks
« Reply #2837 on: January 27, 2018, 04:46:23 PM »
https://www.investopedia.com/university/stocks/

If that is too basic, report back.
Most books out there are written by people who sell technical systems, news letter writers , economists etc who do not have a track record of trading their own money successfully.

Recommended reads by people who made millions and hundreds of millions trading their own money, I read several hundred books, and these are what I think are a must read
1.Bernard Baruch  Baruch my own story
2. Any book by or about Jesse Livermore
3. Marty Shwartz  Pit Bull  Lessons from Wall Street's champion trader   
4. Market Wizards
5.The New Market Wizards
6. 3 books by my mentor Trader Vic  a.Trader Vic  Methods of a Wall Street Master b. Trader Vic 2 Principles of Speculation c. Trader Vic on Commodities.  From a poker player and runner boy on wall street to one of the world's most successful traders ever.
7. 2 books by Victor Niederhoffer a. The Education of a Speculator  b. Practical Speculation  at one time he was the biggest hedge fund manager on Wall Street, made the most money and fame, was born in Brooklyn to a jewish family, he studied at Harvard and earned a PHD from Booth School of business, and was a finance professor at the University of California Berkley, also was a Squash world champion,THEN HE BLEW IT ALL WITH ONE BAD TRADE.  Anyone will learn his skills plus not to do the fatal mistake he did.


I recently read “the little book that beats the market” by Joel greenblatt I really enjoyed it
Thanks guys.
Will see what I can get a hold of.
Don't try to be someone else , be who you are because everyone else is taken.

Offline avremie

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Re: Stocks
« Reply #2838 on: January 31, 2018, 05:57:44 PM »
I don't like the fact that Robinhood is getting involved in Crypto, it makes me want to find a different brokerage.

Offline David Smith

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Re: Stocks
« Reply #2839 on: January 31, 2018, 06:18:11 PM »
Robin Hood is not a real brokerage.
Who do you think you are fooling? You think you are going to pull a quick one on your Creator? Good luck with that.
JTZ

Offline Willie

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Re: Stocks
« Reply #2840 on: January 31, 2018, 06:24:41 PM »
Robin Hood is not a real brokerage.
works for me.

Online joeberg

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Re: Stocks
« Reply #2841 on: January 31, 2018, 07:30:43 PM »


Gold is up to $1360, if you are trading short term ill take partial profits, by selling half the position , it is a nice profit so far, I myself sold half my position in all the 4 PM's just now, if there is any down reaction ill buy the 1/2 positions again .

USD/NOK  I am still short from much higher prices, it is currently 7.75,  the key pivot to watch is 7.70 which we are approaching fast, if USD/NOK goes under 7.70 then much lower prices are coming, first target 7.30  .

I got into the USD/NOK trade it's having a hard time taking out the 7.70 level, at what point would you feel that it has broken through, and add to the position. It hit 7.65 a few times but bounced back.

Now that the PMs have pulled back, at what level would you jump into gold and platinum?

Offline ludmila

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Re: Stocks
« Reply #2842 on: January 31, 2018, 11:24:08 PM »

I got into the USD/NOK trade it's having a hard time taking out the 7.70 level, at what point would you feel that it has broken through, and add to the position. It hit 7.65 a few times but bounced back.

Now that the PMs have pulled back, at what level would you jump into gold and platinum?
USD/NOK has a strong support at the 7.70 level, it made a low of 7.64 and traded below 7.70 but it did not close below 7.70, we need one or 2 closes below 7.70 to confirm . I do not know from which price are you short, just use a trailing stop you are comfortable with to protect your profits, do not use too close of a stop though. I am holding on to my short position ,it is right at 7.70 , let us see if we get a close below this week, or early next week.
As for the metals, I am watching for a strong close, the only metal as I said before that was risky was palladium since it went up in a parabolic move, it sold off and lost close to $75 in 2 days .
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline ludmila

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Re: Stocks
« Reply #2843 on: February 01, 2018, 11:02:19 PM »
USD/NOK has a strong support at the 7.70 level, it made a low of 7.64 and traded below 7.70 but it did not close below 7.70, we need one or 2 closes below 7.70 to confirm . I do not know from which price are you short, just use a trailing stop you are comfortable with to protect your profits, do not use too close of a stop though. I am holding on to my short position ,it is right at 7.70 , let us see if we get a close below this week, or early next week.
As for the metals, I am watching for a strong close, the only metal as I said before that was risky was palladium since it went up in a parabolic move, it sold off and lost close to $75 in 2 days .
Today, USD/NOK closed at 7.64 for the first time!!
I was the Best,still the Best, and will always be the Best.
Pele Good,Maradona Better, George Best.

Offline davidrotts63

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Re: Stocks
« Reply #2844 on: February 05, 2018, 03:24:14 PM »
Anyone home?
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline ChaimMoskowitz

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Re: Stocks
« Reply #2845 on: February 05, 2018, 03:28:06 PM »
Sure am.
I just found a new supply of forks!

Offline JeremyG

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Re: Stocks
« Reply #2846 on: February 05, 2018, 03:28:31 PM »
Dont buy stock or any coins yet

Offline davidrotts63

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Re: Stocks
« Reply #2847 on: February 05, 2018, 03:28:42 PM »
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch

Offline Abelefko1

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Re: Stocks
« Reply #2848 on: February 05, 2018, 03:28:48 PM »
Biggest Dow single day drop in 3 years....

Offline davidrotts63

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Re: Stocks
« Reply #2849 on: February 05, 2018, 03:29:28 PM »
Biggest Dow single day drop in 3 years....
Small bubble, give it 2 days
(Quit) pulling out the flowers, and watering the weeds. -Peter Lynch