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A HERETIC I AM

(24,871 posts)
21. DAMN! Kudos on the Tesla trade!
Fri Jun 24, 2016, 06:39 AM
Jun 2016

Nicely done!

I'm sure you understand that undertaking short trades is EXTREMELY risky and requires Margin Privileges. It is not for the meek, nor is it for the novice, but there are enough resources available that if you have the time to read and become well versed, you could see some success. A somewhat less risky, but STILL risky place to start doing shorts would be with stock options, Puts specifically. Buying a Put is a bit more risky than buying a Call, but nothing like selling Naked Puts or Uncovered Calls. Those last two can involve hypothetically unlimited losses, and should be only engaged in by people who understand them completely.

I'm slowly building out a new Roth I recently opened, and while picking individual stocks is always risky for those of us that do not have the time to watch a computer screen and read financial news all day (not anymore, anyway!), I've taken a few positions I feel good about and have made some money in a rather short time (up around 10% in 6 months..not bad).

I do not know enough about the gaming industry, nor do I pay attention to the ever changing gaming hardware sector to even know where to start, but you should be very proud of yourself for being willing to take risks like you do and profiting from them.

Not a damned thing wrong with that at all.

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Will it break through $1.30 by morning? $1.20? $1.10? tritsofme Jun 2016 #1
Saw an article that said 11%-15% Renew Deal Jun 2016 #2
Could it go... I mean... it couldn't actually go...? Recursion Jun 2016 #3
Looks like it stabilized. joshcryer Jun 2016 #5
It stabilized when the City opened and every single London financier moved to stop the bleeding Recursion Jun 2016 #7
That's a rather good point. joshcryer Jun 2016 #8
I would really, REALLY like you to explain that. A HERETIC I AM Jun 2016 #10
Short to 1.33, if it drops to 1.33 then the buys from 1.33 are rendered moot. joshcryer Jun 2016 #12
Are you a currency trader? A HERETIC I AM Jun 2016 #13
No. I'm asking you. joshcryer Jun 2016 #15
Yes, of course you can short a currency. A HERETIC I AM Jun 2016 #16
OK, I understand what you're saying. joshcryer Jun 2016 #18
Fair enough and that is sound reasoning. A HERETIC I AM Jun 2016 #19
For what it's worth... joshcryer Jun 2016 #20
DAMN! Kudos on the Tesla trade! A HERETIC I AM Jun 2016 #21
My mom has thanked me repeatedly for that TSLA advice, you'll never know. joshcryer Jun 2016 #22
BTW, I was so wrong, it never dropped to 1.33 again. joshcryer Jun 2016 #25
Have you seen AMD lately? joshcryer Aug 2016 #32
I can't even get it to load because the entire world is hammering it right now (nt) Recursion Jun 2016 #4
Yeah, that site has been down all night. joshcryer Jun 2016 #6
Damn. I should have waited to buy my Vivienne Westwood boots Violet_Crumble Jun 2016 #9
And dang, I wish I had waited BlueMTexpat Jun 2016 #30
Amazon UK may have put prices up already... Violet_Crumble Jun 2016 #31
This is why I own gold. Yavin4 Jun 2016 #11
Gotta love those dividends, eh? n/t A HERETIC I AM Jun 2016 #14
No matter what your investment strategy is. Yavin4 Jun 2016 #23
This message was self-deleted by its author rjsquirrel Jun 2016 #26
At least jamzrockz Jun 2016 #17
Export to where? Yavin4 Jun 2016 #24
This message was self-deleted by its author rjsquirrel Jun 2016 #27
English muffins...."a little english" for my billiards shot... Olde English 800.... GreatGazoo Jun 2016 #28
Oh boy. I think the Bentayga just dropped into my price range. aikoaiko Jun 2016 #29
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