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What are you trading?

 
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ohsix
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PostPosted: Dec 08, 2008 8:05 pm    Post subject: What are you trading? Reply with quote

I just started researching and trading ETFs.

I'm into DIG at an average price of $25.89 and URE at $6.08. Probably blind luck, but so far so good.
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chavez
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PostPosted: Dec 09, 2008 1:33 pm    Post subject: Reply with quote

Sticking with mutual funds here (I get to invest at NAV) - money towards funds that invest in companies based on strong fundamentals.

I have an average buy somewhere around S&P 840 (Dow 8300 or so). Been buying the big drops.

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ohsix
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PostPosted: Dec 09, 2008 8:26 pm    Post subject: Reply with quote

Got out of URE this morning to save a 10% gain. Sold DIG at 28.70 and bought back in at 28.20.

I have some kind of retirement account with RBC (was a 401k, but lost that name when I left the last company I worked for) and I let them pick the long term stuff for me. Since I entered the business world about 18 months ago, I've yet to have a gain in that account and about 70% of my principle is gone. Fortunately I'm only 24 and have a lot of years left for that account to grow. Right now I just put a little bit of money in a Scottrade account to play the ETFs.
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jhilly8982
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PostPosted: Dec 10, 2008 6:20 am    Post subject: Reply with quote

uh, lets ban the word trading from anyone that actually is not a trader. purchasing shares in a mutual fund or a stock is not trading, it is investing. try standing in a pit toe to toe everyday making markets, then it is considered trading.
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ohsix
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PostPosted: Dec 10, 2008 11:02 am    Post subject: Reply with quote

jhilly8982, most people don't consider holding ETFs for <1 week investing, but feel free to submit your request to whatever authority it is in your fantasy world that bans words from people.
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chavez
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PostPosted: Dec 10, 2008 12:24 pm    Post subject: Reply with quote

I am trained to and used to fill in for the traders making NASDAQ and BB markets at my previous firm. I think I can call myself a "trader" if I desire. Laughing

But yes, now I invest. No "trading" here.

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J-Ro
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PostPosted: Dec 10, 2008 12:28 pm    Post subject: Reply with quote

I trade baseball cards and pokeman. I got out of Magic cards because I kept getting hurt by the "Lightning Bolt, Lightning Bolt".
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jhilly8982
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PostPosted: Dec 11, 2008 2:34 am    Post subject: Reply with quote

ohsix, i submit to my authority that trading is banned from your vocab. chavez, you can use the word trading, cause i like you.

ohsix, i have sex also, but i don't call myself a pornstar. traders trade for a living, do you?
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ontrider
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PostPosted: Dec 11, 2008 6:35 am    Post subject: Reply with quote

I trade insults. jhilly8982, do you watch the show "traders"! Shocked I bet you manage a fund right?

no seriously, what is your job?
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ohsix
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PostPosted: Dec 11, 2008 6:39 am    Post subject: Reply with quote

jhilly8982, well it's my best source of income right now. I'm not comparing myself to people who "stand toe to toe in a pit making markets." I think "trading" is the common term for the act of short-term buying and selling things like stocks and ETFs.
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jhilly8982
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PostPosted: Dec 11, 2008 9:10 am    Post subject: Reply with quote

ontrider, i don't manage a fund, i am a market maker, a local or pit trader and trade bond options.

never heard of the show traders but have seen the joke of a show called wall street warriors, the only guy on the show with any kind of chops is the OJ trader
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jhilly8982
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PostPosted: Dec 11, 2008 9:12 am    Post subject: Reply with quote

ontrider, market maker, local, pit trader = all words to descride a floor trader
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ohsix
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PostPosted: Dec 24, 2008 9:03 am    Post subject: Reply with quote

In HUN at $3.50.
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_bruky
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PostPosted: May 30, 2009 10:39 pm    Post subject: Reply with quote

It's always been energy markets for me.

What I have now is minimal as I don't keep quite the eye on it that I used to. Offed my Chevron stock which I picked up in early '06 and ditched last May. Exxon that I picked up going into '06 was for the most part offed Jan. of '06, but I'm holding onto a decent share hoping for the best. Core Labs (CLB) is all I have picked up this year back in January and recommend it.

Huntsman looks like it has a good future going for it.
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