1. #1
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Who Trade Stocks Here Regularly

    Boys I do not mean guys that hold stuff for long periods of time. I am talking about guys that make a minimum of 15 trades per year and includes options and futures.

  2. #2
    SBR_John
    Wisky
    SBR_John's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 16,471
    Betpoints: 42225

    I'm guilty. Always made money with covered calls, buying a stock and selling a call against it. I buy bonds too. No futures.

  3. #3
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    The thing about option trading is you do not need a lot of money to do it and losses are limited.

  4. #4
    marc
    marc's Avatar Become A Pro!
    Join Date: 07-15-05
    Posts: 1,166
    Betpoints: 200

    I was market maker on both the CBOE and PHLX. Was also a nasdaq market maker..

  5. #5
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    marc what happened?

    retired?

    Fired??

    Quit??

  6. #6
    SBR_John
    Wisky
    SBR_John's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 16,471
    Betpoints: 42225

    Bot VZ at 32.41 went lower but closed ok at 32.55 thanks to a big MOC buy. Like catching a falling knife. Think I'll bail at the open, was gonna do a covered gig and collect the 5% div but too much selling. Caught SBUX down at 49 and grabbed some Oct 50's. Need a little push back to 50-51. 1st or 2nd week of Sept might try a whack at some Oct OEX calls and play the window dressing into the end of Sept, will pass if crude is over 65.

  7. #7
    SBR_John
    Wisky
    SBR_John's Avatar Become A Pro!
    Join Date: 07-12-05
    Posts: 16,471
    Betpoints: 42225

    One problem with playing the possible crude drift lower and subsequent stock rally is all the high cap oils dominate the SnP 100. Not a buyer of the techs so forget those indexs. I guess the 500 is the best but spreads between bid and ask are killer.

  8. #8
    why
    why's Avatar Become A Pro!
    Join Date: 08-10-05
    Posts: 447

    I used to but finally realized there was a problem-I sucked!

  9. #9
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Best place to be is Dow Jones stocks or SP's

    Techs are still just too unpredicatable

  10. #10
    compaqDikk
    compaqDikk's Avatar Become A Pro!
    Join Date: 10-08-05
    Posts: 5,699
    Betpoints: 1557

    anyone buy the dunkin donutes stock?
    Points Awarded:

    Lo$t gave compaqDikk 48 SBR Point(s) for this post.


  11. #11
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    Smartest thing you can do is buy Gold and/or Silver. And I don't mean the SLV or GLD etf's, I mean actually investing in and taking delivery of gold and silver bullion. Smartest thing you could do. I've been accumulating Silver Canadian Maple Leafs for the last 10 months, I buy 4-5 of them every paycheck i get

  12. #12
    BettingGeek
    SBR PRO
    BettingGeek's Avatar Become A Pro!
    Join Date: 10-07-10
    Posts: 3,555

    Buy some AAPL, it will hit $500 in no time ...

  13. #13
    FuzzyDunlop
    Poster of the Month October 2015
    FuzzyDunlop's Avatar Become A Pro!
    Join Date: 01-15-11
    Posts: 2,422
    Betpoints: 61

    Quote Originally Posted by compaqDikk View Post
    anyone buy the dunkin donutes stock?
    Wasn't too appealing, never is when IPO is to pay down debt.

  14. #14
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Gold should hit 2000 eventually
    Currencies flat
    stocks flat
    bonds/us treasury;s I do not know anymore

  15. #15
    ACoochy
    Am i serious? Are you serious?
    ACoochy's Avatar Become A Pro!
    Join Date: 08-19-09
    Posts: 13,949
    Betpoints: 5324

    Been shorting the US currency now for a while...Good money to be had coach

  16. #16
    Footballtime
    Footballtime's Avatar Become A Pro!
    Join Date: 01-20-10
    Posts: 3,229
    Betpoints: 159

    How about those Apple stocks boys, hit 400 for a bit end of last week.............. got My share years ago at 60 a share, back about 6 years ago! Sittiing on a gold mine, Sold some back to get my original invstment.

  17. #17
    jjgold
    jjgold's Avatar Become A Pro!
    Join Date: 07-20-05
    Posts: 388,190
    Betpoints: 10

    Quote Originally Posted by ACoochy View Post
    Been shorting the US currency now for a while...Good money to be had coach
    you fuk..you must have cash

  18. #18
    hornsrgrt
    hornsrgrt's Avatar Become A Pro!
    Join Date: 02-11-10
    Posts: 1,560

    Quote Originally Posted by jjgold View Post
    The thing about option trading is you do not need a lot of money to do it and losses are limited.
    limited to your investment !

  19. #19
    Demonata
    Demonata's Avatar SBR PRO
    Join Date: 07-12-11
    Posts: 25,799
    Betpoints: 5318

    Quote Originally Posted by HenryHill View Post
    Smartest thing you can do is buy Gold and/or Silver. And I don't mean the SLV or GLD etf's, I mean actually investing in and taking delivery of gold and silver bullion. Smartest thing you could do. I've been accumulating Silver Canadian Maple Leafs for the last 10 months, I buy 4-5 of them every paycheck i get
    Where do you buy them at? Thanks

  20. #20
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2163

    Yes, very often.

  21. #21
    pepper60000
    pepper60000's Avatar Become A Pro!
    Join Date: 02-01-11
    Posts: 230

    sure, but badly....covered calls are a pretty good way to make some money...

  22. #22
    compaqDikk
    compaqDikk's Avatar Become A Pro!
    Join Date: 10-08-05
    Posts: 5,699
    Betpoints: 1557

    Quote Originally Posted by flyingillini View Post
    Yes, very often.
    illini isn' t this you finanical adisor

    http://oi51.tinypic.com/jjaaub.jpg

  23. #23
    Emily_Haines
    Emily_Haines's Avatar Become A Pro!
    Join Date: 04-14-09
    Posts: 15,878
    Betpoints: 15224

    It's a rigged game nobody wins at except the insiders

    Trading stocks is for suckers that couldn't cut it betting sports

  24. #24
    The Inevitable
    The Inevitable's Avatar SBR PRO
    Join Date: 05-02-10
    Posts: 773
    Betpoints: 3256

    My question is, after buying all these silver coins, what are you going to do when you spend it all? Say the dollar does go under and you have silver, so no worries, but what about when you need to start buying stuff. That silver isn't going to last long. What are you going to do then??

  25. #25
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    Quote Originally Posted by Demonata View Post
    Where do you buy them at? Thanks
    Goldline or APMEX

  26. #26
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    [quote=The Inevitable;10880556]My question is, after buying all these silver coins, what are you going to do when you spend it all? Say the dollar does go under and you have silver, so no worries, but what about when you need to start buying stuff. That silver isn't going to last long. What are you going to do then??[/quote

    You liquidate them for whatever the current market value of 1 oz of silver is you moron, that way you are protected against the inflated dollar and your money doesn't sit in your wallet or your savings accont depreciating by the second.
    Nomination(s):
    This post was nominated 1 time . To view the nominated thread please click here. People who nominated: jarvol

  27. #27
    Demonata
    Demonata's Avatar SBR PRO
    Join Date: 07-12-11
    Posts: 25,799
    Betpoints: 5318

    Thanks

  28. #28
    jarvol
    jarvol's Avatar Become A Pro!
    Join Date: 09-13-10
    Posts: 6,074
    Betpoints: 3670

    Quote Originally Posted by jjgold View Post
    Gold should hit 2000 eventually
    Currencies flat
    stocks flat
    bonds/us treasury;s I do not know anymore

    Says the guy who is short gold and says commodities are inflated. So which one is it?

  29. #29
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    With the current state of world affairs and all the geo-political chaos going on (wars, european debt, u.s. debt, inflation, poor jobs and real estate, etc, etc, etc) you need to be putting your money in COMMIDITIES...AKA REAL, TANGIBLE, assets. This global experiment with fiat currencies has simply failed. Money, bonds, etfs, all that shyte is just PAPER. Literally. Paper. You need to be investing in things like Gold, Silver, Oil, Wheat, Copper,etc...REAL assets that have REAL value.

    Tkae it or leave it, but that's what the smart people are doing.

  30. #30
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    *Commodities

  31. #31
    HenryHill
    HenryHill's Avatar Become A Pro!
    Join Date: 09-24-10
    Posts: 1,763

    The only way we will ever be able to fix the dollar and make it worth something again is to back it with a basket of commodities...we can't just back it with gold bc there has simply been to much money printed and gold would have to be worth like $20,000 an ounce to back all the dollars printed by itself...but if we were to back the dollar with gold, silver, and other commodities, we could begin to restore value and respect to our currency. We wouldnt be able to just print money whenever we want and we would start to fix the problem.

  32. #32
    flyingillini
    flyingillini's Avatar SBR PRO
    Join Date: 12-06-06
    Posts: 41,218
    Betpoints: 2163

    Everyone thinks they know what to do with the market, this and that, bottom line is nobody knows what's going to happen. If you did you would be done!

  33. #33
    Ralphie Halves
    Ralphie Halves's Avatar Become A Pro!
    Join Date: 12-13-09
    Posts: 4,502
    Betpoints: 15060

    Let's dispel some myths here.

    - Currencies are not flat, you can make a ton off of them sunday-friday. I know people that do, and I'm trying to learn from them.

    - Penny stocks are all-or-nothing, but all you need to do is hit one, and it will make up for the last 5 you bombed on. The big board market and the penny market are both corrupt, but with pennies you actually have a chance to be on the right side of the corruption.

    - Listening to speculators, talking heads on CNBC, or posters here are sure fire ways to get smoked. Don't even bother. Stick to gambling.

  34. #34
    Nater
    Nater's Avatar Become A Pro!
    Join Date: 10-26-09
    Posts: 174
    Betpoints: 377

    Silver.....cold and hard....thats the ticket..

  35. #35
    The Inevitable
    The Inevitable's Avatar SBR PRO
    Join Date: 05-02-10
    Posts: 773
    Betpoints: 3256

    Quote Originally Posted by HenryHill View Post
    The only way we will ever be able to fix the dollar and make it worth something again is to back it with a basket of commodities...we can't just back it with gold bc there has simply been to much money printed and gold would have to be worth like $20,000 an ounce to back all the dollars printed by itself...but if we were to back the dollar with gold, silver, and other commodities, we could begin to restore value and respect to our currency. We wouldnt be able to just print money whenever we want and we would start to fix the problem.
    ..Or.. or... you can continue to make everyone buy oil with the US dollar. Everyone needs oil, so everyone will have a continual need for the US dollar. Problem solved.

    America is some corrupt sons of guns. The dollar isn't going anywhere.

12 Last
Top