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12-08-2023, 02:38 PM | #1456 |
Fish are scared of me
Join Date: Nov 2001
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I've been adding ARM as a long position, I believe ARM will be a mega stock like NVDA, AMZN, GOOGL, etc.....
It IPO'd a couple months ago |
Posts: 40,361
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12-08-2023, 02:41 PM | #1457 |
Fish are scared of me
Join Date: Nov 2001
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Posts: 40,361
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1 0 |
03-02-2024, 09:23 AM | #1458 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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Do any of the day traders here use MACD for day trading? Do any of you day trade options?
I have my breakout patters and rules for swing trading but have a friend using MACD as one of his signals for day trading. He's been day trading for years and having success recently with adding MACD to his arsenal. https://www.investopedia.com/terms/m...0rises%2Ffalls. |
Posts: 45,586
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03-20-2024, 12:24 PM | #1459 |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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So I picked up a couple small positions that I like.
Tyson has been beat up and I think it is a good buy. 3M shitcanned their CEO and hired a guy with a good track record. There are some worrisome lawsuits out, but there are some really good assets that maybe they can leverage into some better income and get a stock bump over time. I picked up a little ADM. I don't really like it, but the grains are due for a rally and hopefully it will pop and I can dump it. Also bought some alphabet. Apparently Apple has a deal with them to get Gemini on Iphones. That will be a pretty big boost for them, if it takes off. Plus I think it was a little unfairly abused because they still print money. |
Posts: 56,800
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03-23-2024, 06:09 PM | #1460 |
Mod Team
Join Date: Sep 2011
Location: Valley of the hot as ****
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I've started paper trading or small swing trading options in a paper account. It's very interesting. I use the same breakout strategy I use for swing trading to profit from action on short-term options contracts. Either day trading those contracts or holding a few days.
I'm also working on puts with breaks of resistance using basic technical analysis. Key with options is you have to be ok with larger swings. You also have to have a lower allocation of your total account per trade. I'm limiting a single options contract to 3% of my total account value. Any other tips from some of you, please share! |
Posts: 45,586
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03-23-2024, 09:38 PM | #1461 | |
NFL's #1 Ermines Fan
Join Date: Jul 2001
Location: My house
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Quote:
The CEO change popped the stock up. Maybe people think he can get them out of it, which means I'm selling at the exact wrong time, but I'm pretty much done with it. I don't have a large amount, but it's been getting smaller every year. |
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Posts: 141,479
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03-23-2024, 10:52 PM | #1462 | |
Supporter
Join Date: Apr 2007
Location: Scott City KS
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Quote:
The CEO has a good track record. But it might kick me in the dick. |
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Posts: 56,800
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