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TranceAddict Investors Club @ Marketocracy (pg. 167)
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Capitalizt
Darth Vader triumphantly opens wall street



I am sure he will be in front of congress tomorrow with one wave of his hand he will tell them "this is not the regulation you seek." and they will bow.

Weak minded fools.
Nrg2Nfinit
What happend to this thread lol.

Bringing it back to life now. Anyone trading commodities?
Krypton
EXC is a great stock to retire on. Just giving everyone a heads up.
saluyamo
Started trading on marketocracy after 6 months of not doing anything.
Closed a lot of unprofitable and not so well thought out investments and in 3 weeks have gone from underperforming all indexes by 3%(monthly) to outperforming all indexes to around 3%.
Comrade Stalin
Nice turn around. I sure can't complain with my 50% inception return.
Capitalizt
2000 posts. w00t.
saluyamo
quote:
Originally posted by Comrade Stalin
Nice turn around. I sure can't complain with my 50% inception return.


The fact that you got a 19% return last month tells me I still have a lot to learn though.
Comrade Stalin
quote:
Originally posted by saluyamo
The fact that you got a 19% return last month tells me I still have a lot to learn though.


Here are my buy lists. I'm posting a new one tomorrow. So maybe you might want to check them out. The top 10 are what my portfolio consists of. You also can't discount the market itself is in an uptrend, so that plays a part. But if you choose the right stocks, when the market uptrends, your own portfolio can beat the market's gains by double digits. I'm beating it by 30+%. Wait until tomorrow when I post my new buy list, if you want to use it.

http://www.finance.com/finance_buysell_list
Comrade Stalin
I kind of wish the market was open 7 days a week.
Nrg2Nfinit
quote:
Originally posted by Comrade Stalin
I kind of wish the market was open 7 days a week.


you should trade futures then. Thats the closest you will get :)

saluyamo
I've been doing great...Up until Goldman Sachs got charged for fraud and Toyota recalled another car model.
Quickist I've ever lost $25.000
Comrade Stalin
For all you value investors out there, take a look at "Long-term Equity AnticiPation Securities" or LEAPS. Instead of buying the stock itself, buy a call option that expires more than a year from now. That's all they are. Long-dated stock options. So you could buy 100 shares of stock at $12 for $1200. Or you could just buy say $200-300 on a long-dated call option and limit your downside risk to just $200-300 while taking advantage of unlimited upside potential in addition to the leverage such a security gives you. Leverage as in, for every 1 point move up the stock makes, the option may go up two or three times as much. With $1000 you could get exposure to 3 stocks and still have some cash left over. Otherwise, if you are just going to buy the stock itself, you really could buy much. If you wanted 100 shares, the stock would have to be less than $10, you could only really buy 1 stock. Anyways, google it.

LEAPS

Also, I highly recommend this book, basically the holy bible of stock options which I think are more exciting than stocks.

Options As A Strategic Investment by L. G. McMillan

http://catalog.ebay.com/Options-Str...d=p3286.c0.m271

Don't even think about touching options until you get this book.
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