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Author Topic: woops.. just "lost" a bundle of $  (Read 838 times)

Offline Edbert1

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Re: woops.. just "lost" a bundle of $
« Reply #15 on: June 08, 2006, 07:54:58 AM »
Quote
Originally posted by Nilsen
easy come, easy go... No need to panic, its time to sit back and patiently wait for things to improve. :)

I'm down ~15% in the last few weeks, but agree with you, today's news should get a bump.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #16 on: June 08, 2006, 07:58:47 AM »
I know.. thats why I said "lost" :)

Have not sold, but bought more of the same but at a lower price. The average price I have now + trading fees should not be that hard to get up to.

Usually I have a stop-loss order in if it has climbed well, but I didnt this time

How I do it:

Buy 1000 shares at say 30.
Put in a "Sell" order to kick in at 36 after it has climed to 34.
Add a "stop-loss" order to the same stock that kicks inn if it falls to 32.

This system has worked great so far.
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Offline Nilsen

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Re: Re: woops.. just "lost" a bundle of $
« Reply #17 on: June 08, 2006, 08:01:36 AM »
Quote
Originally posted by Edbert1
I'm down ~15% in the last few weeks, but agree with you, today's news should get a bump.


What does your portfolio look like? I could give you a guesstimate to how it will fare and we can see if im right later today
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Offline Edbert1

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Re: Re: Re: woops.. just "lost" a bundle of $
« Reply #18 on: June 08, 2006, 08:06:46 AM »
Quote
Originally posted by Nilsen
What does your portfolio look like? I could give you a guesstimate to how it will fare and we can see if im right later today

The really smurfy one is "FLATX", but check out the last year, I'm still way up.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #19 on: June 08, 2006, 08:10:27 AM »
Aha.. a fund.

They are usually pretty safe for saving money in but not as much fun as doing it yourself. :)

I also like to take the profits myself and not give it to the traders managing the fund. More in your own pocket but higher risk.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #20 on: June 08, 2006, 08:13:05 AM »
Actually it looks like US markets will be down today.. perhaps 0,5%
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #21 on: June 08, 2006, 08:34:29 AM »
An hour until it closes here and its moving slowly in the right direction. At its worst the index was down about 6% now its 4,5% down. That is more inline with what a normal and healthy correction looks like :)
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Offline BigGun

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woops.. just "lost" a bundle of $
« Reply #22 on: June 08, 2006, 10:21:13 AM »
Think longterm, not day to day or year to year.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #23 on: June 08, 2006, 10:36:29 AM »
I do a combination of both. I operate as a daytrader with half the funds I have available but im flexible
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Offline rpm

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woops.. just "lost" a bundle of $
« Reply #24 on: June 08, 2006, 11:20:45 AM »
Yesterday's news about inflation, rising interest rates and oil prices caused the stagger. Today's drop in oil will help somewhat.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #25 on: June 08, 2006, 11:50:44 AM »
So far NYSE looks to continue down.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #26 on: June 08, 2006, 05:08:34 PM »
And NYSE jumped back up again!

Looks promising for tomorrow. Crossing fingers :)
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Offline midnight Target

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woops.. just "lost" a bundle of $
« Reply #27 on: June 08, 2006, 05:12:15 PM »
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Originally posted by DiabloTX
I gotta tell ya, it's gonna be a chitload of fun watching you, Nash, Sandy, MT and rpm become oil-baron Republicans for the next few weeks!

:aok


I'm only gonna invest in Whole Foods and Celestial Seasonings... maybe Ben & Jerry's.

Any big ol' candle and incense companies out there?
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Offline DiabloTX

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woops.. just "lost" a bundle of $
« Reply #28 on: June 08, 2006, 05:21:16 PM »
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Originally posted by midnight Target
I'm only gonna invest in Whole Foods and Celestial Seasonings... maybe Ben & Jerry's.

Any big ol' candle and incense companies out there?


NSE: YCC.
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Offline Nilsen

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woops.. just "lost" a bundle of $
« Reply #29 on: June 09, 2006, 02:12:47 AM »
Up 2,4% after 12 mins of trading.  :)
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