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Nov 3rd, 2009, 03:42 PM
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#1
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HSM Newbie
Join Date: Nov 2009
Location: New England/NorthEast
Posts: 108
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New to the board
Trader here.
Mix of day trading, though not a true PDT as I'm close to the $25K in cash but not quite there yet.
Swing trading mostly.
In from 2001-2005
Then from last October till now.
My pets were GG. Did well for the past year as GG tracked gold and the dollar but once gold went over $1000 and GG went over $40, I have now stayed away.
GE has also been doing me well going up and down for the past YTD.
I'm long GE right now and am waiting for $15.80 or so to take the profit.
I had been playing the massive ups and downs in AIG but got burned when it dropped from 44 to 37-38 and won't go back there.
I'm long in UNG and CPSL right now. CPSL on a slow Chinese play as earnings are due on the 9th and the stock is at a low and bounced off the low yesterday/today.
UNG is down as well, close to the all time low and with the roll dates coming up and winter and industrials picking up, I will sell at just under $12 or so.
Once I close out my 3 positions, I'm going to track FAZ closely and stick with GE and FAZ.
Glad to be a part of this place.
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Nov 3rd, 2009, 06:37 PM
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#2
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HSM Addict
Rank: Stock God +(½)²
Join Date: Apr 2002
Posts: 19,190
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Sounds like you have some great experience to share with noobs
Welcome aboard!
__________________
- Success occurs when preparation meets opportunity.
- A rich person is not one who has the most, but is one who needs the least.
My Stock Market Blog.
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Nov 3rd, 2009, 08:04 PM
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#3
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HSM Newbie
Join Date: Oct 2009
Posts: 135
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Nov 4th, 2009, 03:08 AM
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#4
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HSM Addict
Join Date: Aug 2009
Location: Hawaiian Islands
Posts: 1,029
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Woah...
an experienced new comer.
Welcome !
__________________
"Money buys dignity, poverty is a crime!"
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Nov 5th, 2009, 03:21 PM
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#5
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HSM Newbie
Join Date: Nov 2009
Location: New England/NorthEast
Posts: 108
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I definitely still get caught high now and then but thankfully as the market has been forgiving the past year, a week or 3 and the stock gets back to break-even and a bit more.
I also limit myself to tracking a few stocks and stick with them.
Great info on this board.
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Nov 5th, 2009, 03:26 PM
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#6
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Moderator
Rank: Stock God
Join Date: Nov 2007
Location: Jaz's cerebrum...
Posts: 30,186
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"BWrong"?
Reminds of the movie "Malibu's Most Wanted". Jamie Kennedy's lead character's name was Brad, but he wanted everyone to call him "B Rad"...LOL
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It has unleashed human potential as no other system has, and it will continue to do so. America's best days lie ahead." - Warren Buffet
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Nov 5th, 2009, 04:22 PM
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#7
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HSM Newbie
Join Date: Nov 2009
Location: New England/NorthEast
Posts: 108
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I've never seen the movie but I can absolutely get what you are saying.
Back when boy-bands like Backstreet Boys and N Sync were bit, I had a roomate who was in a wannabe band and he was B-Love, lame, I know.
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