Talking stocks, trading, and investing in general

Discussion in 'Business, Careers & Education' started by mikeman, Feb 2, 2011.

  1. stevent

    stevent Senior member

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    Yes IB is the best.
     


  2. yjeezle

    yjeezle Senior member

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    even low volume?
     


  3. stevent

    stevent Senior member

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    Yeah I don't trade that much, still ~$1 a trade for almost everything, 4 euros for european markets, 6HKD for Hong Kong I think? Pretty good rates for the Nikkei as well.

    They do have a minimum though of $10000. If you are 21 and younger then it's $3000. You also are given no service of any kind really so you should have a basic idea of what you are doing.
     


  4. otc

    otc Senior member

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    and there goes the AGNC capital raise

    I'd been waiting for this after the last dividend as a point to buy some more shares (in the past they have done well at recovering from the devaluation quickly)

    May be buying some more today
     


  5. CYstyle

    CYstyle Senior member

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    What do you guys make out of this ongoing rally? We were on the "brink" of a bear market and a double dip recession, now we appear to be golden. Sell this rally and wait for a pull back in the near future?
     


  6. NameBack

    NameBack Senior member

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    I'm just gonna do what the algorithm tells me. It called this rally two days ago so I'm just going with the flow.
     


  7. javyn

    javyn Senior member

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    Holy moly nice job NB.
     


  8. GreenFrog

    GreenFrog Senior member

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    your algo predicted that the Eurozone would get its shit together today? wow.
     


  9. JSSM

    JSSM Well-Known Member

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    Cramer knows more than he leads on. He acts like a clown on the show, but a couple of interviews you can find on YouTube show he is at least more in touch with how it works than just about any other presenter on tv (not hard, since they're all incompetent). CYStyle: I hope neither your nor anyone else is trading on information listed within this thread. If you can't spot the sucker at the table...
     
    Last edited: Oct 27, 2011


  10. NameBack

    NameBack Senior member

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    :p

    It predicted that going long was going to be a good call. And let's be honest, this rally was as much about the markets as it was about political events -- this plan is hardly a guaranteed rescue. If anything, I sincerely doubt its efficacy, but the market is in rally mode, so "good" news gets magnified as a big rally. This has been the trend for some time now.
     


  11. GreenFrog

    GreenFrog Senior member

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    Right. I 100% agree with you on how the tiniest bit of +/- news gets magnified and the market goes up and down dramatically. For example, today's huge rally was just that. But the rally was an effect of the Eurozone's agreement to terms -- a qualitative event. Sure, your algo predicted the correct trend, but your algo is only limited to quantitative data. I guess I'm trying to say that it was merely a coincidence that the market rallied as your algo predicted. It very much so could have went in the opposite direction if this meeting came out without any agreement between the nations.

    But I wouldn't be surprised if the market falls sharply again tomorrow or on Monday. The agreements they came upon today were so high level and there's no real plan of attack.
     
    Last edited: Oct 27, 2011


  12. CYstyle

    CYstyle Senior member

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    I do all my own research etc. My portfolio's up 68%+ I just like to see other people opinions and perspectives.
     


  13. JSSM

    JSSM Well-Known Member

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    The problem with this is that anyone that bought and held some s&p contracts over the last year could be up significantly. It would be interesting if you made money during the recent downward move.
     


  14. Saltricks

    Saltricks Senior member

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    After a conversation with my fulbright scholarship friend at MIT about the future of stem cells, I decided to buy 5000 shares of GERN this morning. 13 percent rally before the day is out o_O.
     


  15. GreenFrog

    GreenFrog Senior member

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    lol i cant believe that's on the NASDAQ.. it's practically a penny stock!

    would you run into liquidity issues if you tried to dump your shares right now?
     


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