Stocks and Trading Thread - Channeling your inner Mono

Started by MadImmortalMan, December 21, 2009, 04:32:41 AM

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Martinus

Quote from: Tamas on September 05, 2011, 09:16:31 AM
muhaha, I took my my profits on the euro50 early in the morning when there was an upspike, but had to wager my pocket change on it again. It's like free fall is iminent/ongoing.

What kind of money are you earning this way (on average), per month? I'm just wondering if getting a decent job wouldn't be a better solution. Unless of course you are in it for the gamble, but then I'd recommend a casino.

Martinus

My parents had (have?) a gun, but I never even considered it.

Admiral Yi

Quote from: Martinus on September 07, 2011, 05:46:34 AM
What kind of money are you earning this way (on average), per month? I'm just wondering if getting a decent job wouldn't be a better solution. Unless of course you are in it for the gamble, but then I'd recommend a casino.

Derivatives probably offer a better return than a casino.

mongers

Quote from: Admiral Yi on September 07, 2011, 06:50:07 AM
Quote from: Martinus on September 07, 2011, 05:46:34 AM
What kind of money are you earning this way (on average), per month? I'm just wondering if getting a decent job wouldn't be a better solution. Unless of course you are in it for the gamble, but then I'd recommend a casino.

Derivatives probably offer a better return than a casino.

:hmm:
"We have it in our power to begin the world over again"

Tamas

Quote from: Martinus on September 07, 2011, 05:46:34 AM
Quote from: Tamas on September 05, 2011, 09:16:31 AM
muhaha, I took my my profits on the euro50 early in the morning when there was an upspike, but had to wager my pocket change on it again. It's like free fall is iminent/ongoing.

What kind of money are you earning this way (on average), per month? I'm just wondering if getting a decent job wouldn't be a better solution. Unless of course you are in it for the gamble, but then I'd recommend a casino.

I wish this would be a question  :D

I have a very decent job. I am playing (nowadays) with a totally, ridicously miniscule amount of money which severly limits my abilities. But since I learned to keep within these limitations (ie. commission-free CFDs), it is a fun and exciting/frustrating hobby.And I am throwing darts at a board.

IF I had the capital, I would dig deeper into commodity futures trading, but that is not going to happen unless my daily job's salary dramatically raises.

Ed Anger

I noticed while the ECB frenchy guy was talking, the Euro stocks went down and the futures here. har.
Stay Alive...Let the Man Drive

Tamas


Ed Anger

Quote from: Tamas on September 08, 2011, 08:27:51 AM
When is Obama's "I wanna play FDR!" speech?

Tonight, 8est. I think. I'm pissed because it is gonna interfere with the Packers-Saints game. What a selfish fucker.
Stay Alive...Let the Man Drive

Richard Hakluyt

I also regard my shares as being a rather interesting hobby. It's like a rather superior version of horse-racing and I'm delighted with the returns I have been getting. I don't do this shorting stuff mind you, bit too risky for my tastes.

DGuller

Quote from: Admiral Yi on September 07, 2011, 06:50:07 AM
Quote from: Martinus on September 07, 2011, 05:46:34 AM
What kind of money are you earning this way (on average), per month? I'm just wondering if getting a decent job wouldn't be a better solution. Unless of course you are in it for the gamble, but then I'd recommend a casino.

Derivatives probably offer a better return than a casino.
What's the juice on derivatives, if bought on individual level?  Derivative market doesn't exactly strike me as frictionless.

MadImmortalMan

I'm short SPY.


I think I might start my own hedge fund that only shorts the market when the President is on TV.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Admiral Yi

Quote from: DGuller on September 08, 2011, 09:24:49 AM
What's the juice on derivatives, if bought on individual level?  Derivative market doesn't exactly strike me as frictionless.

Not sure.  I would guess around $20 trade.  MIM?

There's no casino game where you can pay $20 to buy an even money bet.

Grey Fox

Quote from: Ed Anger on September 08, 2011, 08:46:46 AM
Quote from: Tamas on September 08, 2011, 08:27:51 AM
When is Obama's "I wanna play FDR!" speech?

Tonight, 8est. I think. I'm pissed because it is gonna interfere with the Packers-Saints game. What a selfish fucker.

They better fucking wait.

Altho I don't mind missing the Ad-Kick Off/No return-Ad routine.
Colonel Caliga is Awesome.

MadImmortalMan

Closed my short position following the drop that just happened.  20 puts on SPY for about $500 profit. Meh. That's a decent day's work. Maybe I'll short again if we get another bump.


I'm not really sure what Gully is asking there.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Admiral Yi

Quote from: MadImmortalMan on September 08, 2011, 12:56:42 PM
I'm not really sure what Gully is asking there.

How much is the commission on on options trade.  And/or futures if you know that.