Stock Market Intraday Chat: Apr 23rd - 27th - Page 11

I can't see a lot of headwinds ahead for Apple for the next few weeks at least. Unless the market takes a dive, which it might even survive that (with investors selling everything and buying AAPL). The earnings really hit the bears hard, and reinforced the wavering bulls. The only risk now is it going parabolic again and having little support to bounce off of on pullbacks.

Quote:

Originally Posted by StockJock-e 

 

 

Obrigado!

 

Hey, guess what my wife got me?

 

 

 She is a keeper SJ-e.....No more microwave coffee for you !!!  eeek

Just something to keep an eye on $GS+$MS red !!!

Out on SPY for a loss. Sad day, my learning account that started at $1750, hit a high of $2400, and is now down to $209.32. A couple bad weeks and not expecting this chop wiped me out

(And a lack of realistic risk management. I let myself lose way too much on some trades.)

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Originally Posted by Davecash77 

 

 

 She is a keeper SJ-e.....No more microwave coffee for you !!!  eeek

Im dunno.. I feel kinda dirty using this fancy thing.
 

You need to put in a fancy little capsules with coffee picked by virgins on the Indonesian slopes near a volcano or some crap like that.

Microwaved instant coffee was so much more innocent!

apple looking weak despite that second .00 print on HOD.

Gold also showing weakness ahead of FOMC, interesting

Quote:

Originally Posted by kylestt 

apple looking weak despite that second .00 print on HOD.

 

Gold also showing weakness ahead of FOMC, interesting

After a 40 point gap, its holding up pretty well! By weak you probably mean its not $700 yet. :)

Check out the round trip JNPR made since yesterdays close.

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Originally Posted by rst 

Quote:

Originally Posted by jsteinm1 

Out on SPY for a loss. Sad day, my learning account that started at $1750, hit a high of $2400, and is now down to $209.32. A couple bad weeks and not expecting this chop wiped me out

 

(And a lack of realistic risk management. I let myself lose way too much on some trades.)

Done that too many times, myself. Let greed get the better of me.

Best to risk no more than 10% of your trading capital at any given time.

Markets are out of synch, reason for the chop. Hope you do well in the future.

I had seen not to risk more than 10% at a time. In that regard, do you suggest no more than 10% on any given trade or at any given time total? I tried to keep per trade risk low, but I think my major down fall was when I put of about 75% of my account on spreads on PCLN, AAPL, and GOOG that all move together usually. After that I'm sure my trading became more desperate even though I tried to be meticulous about risk.

Quote:

Originally Posted by StockJock-e 

 

 

Im dunno.. I feel kinda dirty using this fancy thing.
 

You need to put in a fancy little capsules with coffee picked by virgins on the Indonesian slopes near a volcano or some crap like that.

 

Microwaved instant coffee was so much more innocent!

 

 I must admit when i bought my wife a kuerig i told her I  will never use this yuppie thing !!!  She laughs and reminds me what i said everytime i use it

Quote:

Originally Posted by StockJock-e 

 

 

After a 40 point gap, its holding up pretty well! By weak you probably mean its not $700 yet. :)

 

Check out the round trip JNPR made since yesterdays close.

yes certainly dont mean weak overall lol! +$50 points is not weak, just mean intraday now. Its not uncommon for this beast to finish red compared to its opening price on ER days. Food for thought

Sticking my neck out here ahead of big ben speaking but picked up some SPY MAY $138 puts.  

Quote:

Originally Posted by Davecash77 

 I must admit when i bought my wife a kuerig i told her I  will never use this yuppie thing !!!  She laughs and reminds me what i said everytime i use it

Is that what I have in store for me? Great!

Quote:

Originally Posted by kylestt 

yes certainly dont mean weak overall lol! +$50 points is not weak, just mean intraday now. Its not uncommon for this beast to finish red compared to its opening price on ER days. Food for thought

If it finds a support above $606, watch the daytraders pile in! Unbelievable that this thing trades like a penny stock.

Quote:

Originally Posted by barbellman 

Sticking my neck out here ahead of big ben speaking but picked up some SPY MAY $138 puts.  

Im trying the currency side, EURUSD will get some action.

JPM gave back the opening gap, now in the red.

Financials not getting traction this morning.

Quote:

Originally Posted by StockJock-e 

 

 

Im dunno.. I feel kinda dirty using this fancy thing.
 

You need to put in a fancy little capsules with coffee picked by virgins on the Indonesian slopes near a volcano or some crap like that.

 

Microwaved instant coffee was so much more innocent!

 

I love my Keurig machine. That looks like an expresso machine along the same lines. Kind of get pampered having a fresh cup of coffee each time. Yumm

Welcome back, You were missed.

As simple as that is, I hadn't even looked at it that way. I had 10% per trade in mind, and since I had a small (now micro) account, I let that go to about 25% so I didn't get killed on commissions. But, with that 25% per trade, I always tried to max my profits by keeping 90%+ out there working for me at all times, that looked like the big bucks to me.

I'm not sure what I want to do now. I'm thinking about analyzing carefully and going for a modest May call spread on low beta stock, maybe LOW 31c/32c. I'll have to put all my eggs in one basket though to even make it worth while and ignore what got me in this mess altogether. I don't really want to refund myself for quite some time, because I don't have the money right now to throw back in (although I parted with the $1750 when I funded originally, so I'm ok if it never comes home).

Quote:

Originally Posted by CanuckMom 

 

 

I love my Keurig machine. That looks like an expresso machine along the same lines. Kind of get pampered having a fresh cup of coffee each time. Yumm

 

Welcome back, You were missed.

Aww thanks Mom (as I sip a cup of Fortissio Lungo, what ever that is )