Took break from trading, but I know you cannot give up

Discussion in 'Trading' started by Make Dough Repeat, Feb 20, 2017.

  1. JackRab

    JackRab

    The stock goes from 3 to 100 in what.. a few days (or hrs?)... and you are talking about fundamentals and trends...

    I honestly don't know what kind of feedback you're looking for....
     
    #31     Feb 20, 2017
  2. I am trying to figure out how to avoid getting in high fliers that are prone to halts and very fast retracements I guess without completely eliminating decent profits. I am not a fan of index fund trading but it seems like that's only way to avoid this but at that point profits are so limited. I.e. How not to get suckers in DRYS type moves. I mean the chart legit had a gap closing, the price action was fine based on float size.
     
    #32     Feb 20, 2017
  3. JackRab

    JackRab

    There's a bit of a large space between Index and the likes of DRYS and MCOA
     
    #33     Feb 20, 2017
  4. JackRab

    JackRab

    I would definitely do an Arb... buy DRYS and sell short ORIG.... about 1:2... there's 10-20 million in there
     
    Last edited: Feb 20, 2017
    #34     Feb 20, 2017
  5. ok so lets talk real strategies instead of insults - 500K+ vol avg min price of $5 before even looking at it? I know O'Neil was a proponent of 10-20 dollar sweet spot. Also, I am not saying I like DRYS, just said it was a trade that sucked...
     
    #35     Feb 20, 2017
  6. JackRab

    JackRab

    Take that $5 offer for 500k shares... take it... If O'Neill wants it as well, you'd better be quick mate. DRYS isn't going to just sit here and wait.
     
    #36     Feb 20, 2017
  7. JackRab

    JackRab

    I'm just going to put this in here... :D

    upload_2017-2-21_13-12-0.png
     
    #37     Feb 20, 2017
  8. I just said DRYS was an example of a bad trade. I don't having feelings for any particular stock, not sure why you are trolling. Literally saying maybe we can come up with rules for avoiding these types of stocks.
     
    #38     Feb 20, 2017
  9. JackRab

    JackRab

    Rules are for idiots, same goes for feelings... do you think @Buffet trades by the rules? Rules are meant to be broken, just like gaps need to be filled.

    I'm just trolling because I'm bored... the market isn't doing anything at the moment. I might look at DRYS AH a bit more.
     
    #39     Feb 20, 2017
  10. JackRab

    JackRab

    Okay, I'll stop trolling now, all these posts are making my like-ratio trend downwards... what advice do you need?
     
    #40     Feb 20, 2017