The Official Trading Thread

[cassius]

government is going to shut down, time to sell

Debt ceiling is the real concern.

 

[r3p1v]

Debt ceiling is the real concern.

I think the president said he can raise the debt ceiling on his own if necessary. I guess through executive order or something, idk.

 

[cassius]

I think the president said he can raise the debt ceiling on his own if necessary. I guess through executive order or something, idk.

He can instruct the Treasury to take action in a few ways, but the legality of the best options would be iffy and they may not have the desired impact. Any way you look at it, breaching the debt ceiling only has downside.

 

[wickedDUDE]

The debt ceiling has been raised 74 times since 1962.

 

[cassius]

And it needs to rise again.

 

[mGrunin]

[ame=http://www.youtube.com/watch?v=rD5qGw8MaGQ]Oct 2: IMMU & NFLX Ass Kicking // Tesla Car on Fire?! - YouTube[/ame]

 

[mituozo]

Any views on the Royal Mail IPO? Obviously as a UK citizen I can get my chunk, although from what people are saying, looks like I'd get a max of £3k or so. Hearing a lot of people suggesting a 30-40% pop, but I always get concerned when the dumb money (like mine) is going in.

 

[Hurr-Durr]

Any views on the Royal Mail IPO? Obviously as a UK citizen I can get my chunk, although from what people are saying, looks like I'd get a max of £3k or so. Hearing a lot of people suggesting a 30-40% pop, but I always get concerned when the dumb money (like mine) is going in.

Initial Public Offerings | Royal Mail PLC

 

[transistor]

So... what are your thoughts on tomorrow? Will the nomination of Yellen cause a rally?

 

[transistor]

God damn, I hope the market goes down Monday. I'm getting my ass kicked.

 

[productionhead]

MGrunin what's the best book for someone to new to options trading?

 

[wickedDUDE]

God damn, I hope the market goes down Monday. I'm getting my ass kicked.

Check out Bogleheads Investing Advice and Info. Most active traders fail. Indexing is the way to go.

 

[mGrunin]

[ame="www.youtube.com/watch?v=lUXDeMyhP-A"]Oct 17: +60% AIG CALLS // +140% FB CALLS // +115% SCTY CALLS - YouTube[/ame]

 

[davidle]

mGrunin, what's your response to people who say using technical analysis is no different than using an ouija or dart board to determine your investments? a lot of smart people, traders even, think technical analysis is 100% voodoo.

 

[mGrunin]

 

[davidne]

mGrunin, what's your response to people who say using technical analysis is no different than using an ouija or dart board to determine your investments? a lot of smart people, traders even, think technical analysis is 100% voodoo.

The only reason that technical analysis means jack shit is because traders use it, self fulfilling prophecy type of deal...trading successfully is more about risk management than technical analysis.

 

[transistor]

I would have made twice as much money today had I not sold so early

 

[cassius]

mGrunin, what's your response to people who say using technical analysis is no different than using an ouija or dart board to determine your investments? a lot of smart people, traders even, think technical analysis is 100% voodoo.

I geometric random walk yo ass.

 

[cassius]

Buying SYNA calls nom nom nom nom

 

[r3p1v]

This thread is pretty dead.

I'm doing well with FNMA and still thinking about JCP