shillllihs 6,091 posts msg #134095 - Ignore shillllihs |
2/7/2017 8:31:01 AM
JDST 12.98
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shillllihs 6,091 posts msg #134122 - Ignore shillllihs |
2/8/2017 10:58:27 AM
So since taking a large chunk out of my account to buy property, I'm literally playing with about
17k.
So in JDST with a cost basis of 12.55 for $7800,
I guess the most I can lose is $7800, Not feeling too comfortable
with this trade but after winning 3300 on The Patriots, let's play...
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shillllihs 6,091 posts msg #134123 - Ignore shillllihs |
2/8/2017 11:14:36 AM
Let's imagine a world with no commissions, you would be able to scan the world of stocks
and just by looking for value, you can buy a basket of them looking to skim 50 bucks from all.
Just small little buys that you can let run or add to. You
could start out buying just 100 bucks worth, and skim 10 bucks, or if they start running against you,
Martingale up to 350, then 1000...
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shillllihs 6,091 posts msg #134125 - Ignore shillllihs |
2/8/2017 11:20:34 AM
Just imagine what you would be able to do with 10 bucks, you would be able to buy 7 KitKats...
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shillllihs 6,091 posts msg #134129 - Ignore shillllihs |
2/8/2017 1:36:15 PM
Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)
12.90+0.18 (+1.44%)
I'll make about 3k on this trade.
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pthomas215 1,251 posts msg #134131 - Ignore pthomas215 |
2/8/2017 2:16:18 PM
nice trading shillihs. what sort of property did you buy? single fam residential or office condo commercial?
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shillllihs 6,091 posts msg #134132 - Ignore shillllihs |
2/8/2017 2:34:16 PM
Bought a single family home in the Chicago suburbs with a partner. The home peaked out several years ago at 1.9 mil. so since market will be up for the next 3 years and the fact that it was a foreclosure, we may make anywhere from 400-800k.
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Kevin_in_GA 4,599 posts msg #134133 - Ignore Kevin_in_GA |
2/8/2017 2:59:42 PM
OK - I'm confused.
2/7/2017 8:31:01 AM
JDST 12.98
_________________
2/8/2017 1:36:15 PM
Direxion Daily Jr Gld Mnrs Bear 3X ETF (JDST)
12.90+0.18 (+1.44%)
I'll make about 3k on this trade.
So you added to the position you took yesterday, or is this just an update? And it is now trading at $12.58.
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shillllihs 6,091 posts msg #134134 - Ignore shillllihs |
2/8/2017 3:56:44 PM
I'm holding this till it hits 16-19. Just being positive.
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shillllihs 6,091 posts msg #134140 - Ignore shillllihs |
2/9/2017 4:47:32 AM
Question for Kevin.
If I'm understanding your method, June 23 2016 would have you long Xiv since it went over 5, but on June 24-27 you would have entered or stayed out of market until it went above 5 again. You would have taken a 33% hit.
You're ok with that?
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