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Any Day Traders on TA? (pg. 7)
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| exstasie |
| quote: | Originally posted by DigiNut
Is it TD WebBroker? Because they don't have trailing stops, just plain vanilla stops. That was my complaint about them earlier in the thread. Some other brokerages may also consider that an "advanced" or "active trader" type feature. I don't know, I guess it's a little trickier to implement, system-wise.
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I use TradeFreedom (A Scotiabank owned Company). It's pretty much identical to eTrade (well, iTrade now or whatever its called). They do have VTSO, however I was reading on their site that you don't put in % but the $ value. so if its $10..instead of 10% you put in $1.00.
| quote: | Originally posted by DigiNut
I wouldn't worry, you missed the boat anyway if you were going to buy this morning. It opened high today but didn't go up very much. I guess it's possible it might open higher tomorrow, but Monday was the day to buy (5.25). Today was the day to sell. :p
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Yeah, I know lol. It's just the perception that I COULD have bought in when it was 5.5% cheaper..you know lol.
At least i'm not one of those who had it when it was valued at $240 in July..you know there are a few of them out there!
| quote: |
[FONT=Tahoma][COLOR=#99CCEE]Which ETFs pay dividends? I know there are a few, but I'm not used to seeing that.
Anyway, I love 'em - HOU is an ETF, DXO is an ETN, I know some people who bought the PowerShares water ETF as a medium-term investment and made a bundle, and FAS/FAZ are great if you can keep your wits about you or are willing to play with options - although they seem to be running out of steam lately. Plus, Powershares has a wind power ETF called PWND, and you just can't get more l33t than that.
Just make sure you understand that leveraged (2X or 3X) ETFs do generally shrink over time, so you probably don't want to hold them as "investments" - they are trading tools. And make sure you understand what the ETFs are actually tracking. Crude oil ETFs for example do not track the spot price, they track futures and/or moving averages. I see a lot of confusion over that type of thing.
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Most of the iShare ETFs pay dividends. I have a REIT ETF with iShares that pays decent dividends.
Did not know that about the crude Oil ETF. Will have to make sure I research what the are actually tracking! Thanks!
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| DigiNut |
| quote: | Originally posted by exstasie
Yeah, I know lol. It's just the perception that I COULD have bought in when it was 5.5% cheaper..you know lol.
At least i'm not one of those who had it when it was valued at $240 in July..you know there are a few of them out there! |
I missed the entire month of March due to some paperwork -up. All my picks were up 50-100% by the time things were settled. I doubt we'll see that kind of rally again for a looong time. But in retrospect, I suppose that was precisely the shake-up I needed to learn how to trade; if I'd bought and held through March, I'd probably have gotten complacent and sat around hemming and hawing and being afraid to sell in April while it was all evaporating.
I can't imagine that there are still people holding onto a $5 stock from a price of $240, but a lot of people did lose a lot of money. I wouldn't feel right being too specific, but several managed RIFs were throwing money into hedge and derivative funds, which were later busted up by the SEC, and now people who retired several years ago have lost half of their retirement income. Not cool at all, and highlights the importance of diverse investments. So these people reached the same conclusion I did: If you want it done right, you have to do it yourself.
| quote: | | Most of the iShare ETFs pay dividends. I have a REIT ETF with iShares that pays decent dividends. |
Figures are pretty reminiscent of mutual funds. Relatively safe, and boring. :p |
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| dEsidEL |
don't forget to file your taxes everyone if you haven't already. April 30th is the deadline (if you owe).
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| Nrg2Nfinit |
i dunno i think this pandemic is going to lower the markets galore. Even though i think its a bit over rated none the less.
Keep an eye out for drug companies and stores.
3M
Novavax
shoppers drug mart
etc
all those are up except shoppers .. might be a good buy |
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| DigiNut |
NVAX is trash. I put in a token amount on pure speculation figuring on odds that were marginally better than blackjack, and it looks like I was right [about the odds - not about the decision].
Don't trade on hype, folks. Once it hits the news, you're already too late to buy in. I went against my better judgment once and will not do it again.
GMR and PCX turned out to be huge wins. Now check out Eagle Rock, which got blasted down 40% due to their absurd dividend cut, and Penn Virginia Resources, which had no reason at all to drop like it did and is already creeping back up. Time to see if my luck holds out. |
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| Nrg2Nfinit |
nvax is trash right now.. might be a good growth stock when they complete the vaccine in june.. Looks like everyone is trying to dump it. It was a pump and dump stock speculation sent it up near 4 dollars and now the hype is gone its down to 2.
Oh well bad assumption :p
Its funny to see the comments of people trying to pump up the stock again.
GMR and PCX posted good Q1's sending their stock up.
Eagle rock also dropped because analysts overpredicted q1 earnings by 17 million (which is significant).
I am also tracking virginia resourses lets see what they'll do.
Holding on to RIM for now. I expect it to drop by the end of the day a bit but perhaps open high on monday if we have good news for the weekend. |
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| infinity HiGH |
| quote: | Originally posted by DigiNut
Immelt :whip: GE's been my worst investment so far, and I thought it was a no-brainer. I'm giving those clowns one more week to prove that they can do something other than suck. |
LOL@clowns!
While I'm no expert, based on what I've learned so far I would say that GE is more of a long term investment, so I wouldn't expect to be making big bucks off their stocks in less than a year. Depending how much you have invested in them, I would just wait it out. If you bought them back in late February for 6.66 then you're already making double your money and it's only a matter of time before those shares climb back to the mid-to-high 30's.
Anyways, here's some companies that have been on my radar the past 2 weeks:
"Penny Stocks"
Timminco Limited (TSE:TIM)
July 08 price: 33.92; present price: 1.92. Solar energy is only going to get more popular so these guys might be a good investment
Denison Mines Corp (TSE:DML)
Just bought out Northern Continental. They're clearly expanding so it's only a matter of time before the money starts flowing in.
Avalon Rare Metals Inc (TSE:AVL)
Permits were recently extended and they made some significant discoveries at one of their mines.
Spansion Inc (NASDAQ:SPS)
They're a semiconductor developer. Rumours are flying around that they might get bought out soon.
And here are some companies that I think are gonna be making huge money in the future:
salesforce.com (NYSE:CRM)
-This company has barely any debt but a very decent income and they're constantly expanding. Their low point was in October 08 for 22 dollars and a few months before that they were at 70+. Since October they've been rising to above 40 now and they'll keep getting bigger. I think they'll easily smash their all-time high once the economy gets a little stronger and "cloud computing" becomes more and more popular. I might be talking out of my ass, but I really think this stock will go well into the $100's one day)
VMware Inc (NYSE: VMS)
-Their stock dropped thanks to some management issues that have since been resolved. Then the economy went to the ter and their stock still hasn't fully recovered. By years end they should be floating around $45 again.
Interpublic Group of Companies Inc
-This might be a good investment since they're standing fairly low. Once manufacturers start putting more money towards marketing and advertising I think these guys will grow again. The advertising industry isn't going anywhere. |
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| Skipper |
| quote: | Originally posted by infinity HiGH
"Penny Stocks"
Timminco Limited (TSE:TIM) (July 08 price: 33.92; present price: 1.92. Solar energy is only going to get more popular so these guys might be a good investment)
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There is good reason for the discount - look into this! |
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| infinity HiGH |
| quote: | Originally posted by Skipper
There is good reason for the discount - look into this! |
Are you talking about the issues raised about their silicon purifucation techniques? |
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| Skipper |
| quote: | Originally posted by infinity HiGH
Are you talking about the issues raised about their silicon purifucation techniques? |
I honestly can't comment further on it...if you've looked at it beyond just seeing that it's been beat up, that's mostly what I'm getting at. There are good reasons why investors have been dumping it. |
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| infinity HiGH |
| quote: | Originally posted by Skipper
I honestly can't comment further on it...if you've looked at it beyond just seeing that it's been beat up, that's mostly what I'm getting at. There are good reasons why investors have been dumping it. |
I haven't looked that deep. I'm still in the learning phase so if you have any suggestions as to why investors are dumping it then I'm all ears. |
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| Skipper |
I believe there was quite a bit of commentary/outlook provided in their recent earnings release...
The term "penny stock" doesn't carry the same meaning it used to - there are a lot of stocks that deserve to be penny stocks! You can decide whether TIM is one of them. I'm sure there's also a lot of commentary on investment blogs and the like as well. |
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