Making $5K with $20K each month

Discussion in 'Journals' started by PennyTrader, Apr 14, 2007.

  1. ElmoNemo

    ElmoNemo

    Exellent job, PT!
     
    #211     Apr 27, 2007
  2. Will buy some SOHU/TOMO calls today. TOMO is at $15 and its $15 calls are at 0.15. SOHU $25 calls are at 0.70. TOMO earnings tonight, $150 gamble worth it. SOHU earnings is early next week.
     
    #212     Apr 27, 2007
  3. For the day, watched too extensively on SNEN, forgot I've 200 BIDU, stopped out with $2 loss, squeezed on AMZN short:

    [​IMG]
     
    #213     Apr 27, 2007
  4. Bought some AMZN $60 puts on this 15 minutes top.

    [​IMG]
     
    #214     Apr 27, 2007
  5. mfarooq

    mfarooq

    TOMO earning is out already.

    Tom Online 1st-quarter net down 99% on 28% lower revenue
    By Robert Daniel
    Last Update: 7:00 AM ET Apr 27, 2007

    NEW YORK (MarketWatch) -- Tom Online, (TOMO :
    tom online inc adr reg s
    News , chart , profile , more
    Last: 14.95-0.13-0.86%
    12:52pm 04/27/2007
    Delayed quote data
    Add to portfolio
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    Sponsored by:
    TOMO14.95, -0.13, -0.9% ) the Beijing provider of wireless value-added services and online advertising, reported first-quarter fell 99% on 28% lower revenue. Earnings were $145,000, or break-even on a per-share basis, against $12.1 million, or 28 cents, in the year-earlier period. Revenue fell to $31.8 million from $44.4 million. End of Story
     
    #215     Apr 27, 2007
  6. Thanks. From reading Yahoo website, I thought TOMO will announce earnings tonight. Then TOMO is off the list. SOHU is still on. Surprised TOMO didn't go down on the earnings.

    Yahoo Finance website said BIDU should announce earnings today, obviously YHOO website was not quite accurate.

    I used to use whipsternumbers website to track the earnings, now they changed to membership only, I didn't bother to register. I am wondering if there is another good website to track the earning dates.


     
    #216     Apr 27, 2007
  7. mfarooq

    mfarooq

    I think on a forum if many people help each other they all can benefit from it a lot.

    How is your new broker ? What margin interest they charge you if you dip in there money?

    Do you have encountered any negatives?

    What user name you use on dacharts site?
    I trade only QQQQ, QID, QLD, and options on it but thinking about dabbling in small stocks.

    TIA.
     
    #217     Apr 27, 2007
  8. Thanks for asking. There were a few issues since I use the same trading software and same clearing house. A few days ago I saw they charge me $13 commissions per trade when I used UBSS to buy/sell. It was their mistake, they said they're going to fix it. You remind me to double check it.

    The only thing I see is I have no more ECN rebates but charges extra if using ECN - doesn't matter add or reduce liquidity. With my old broker, I usually trade for free after the ECN rebate, most time, I got $$ from them for a trade.

    I've not checked the interest rate, shouldn't be too big. I don't hold marginable stocks overnight.

    Smallcaptradexxx.jpg are the names I use under dacharts.com.




     
    #218     Apr 27, 2007
  9. Hey Im new to Elite trader and I have to say I love what your doing because im doing the same thing. People tend to forget that major brokerage houses cant move billions around the way individuals can so they talk crap and say it cant be done. the Goldmans and the Merrills are the elephants we are the flies catching a ride. Good luck buddy keep up the good work.
     
    #219     May 1, 2007
  10. Thanks, Bighead. Good to have you here.


     
    #220     May 1, 2007