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Thanks. I’ll look into it. You’re right, I absolutely am not ready to be an app developer. That’s why I’m trying to find one.

I have an idea for an app. But I don’t know how to get it made. I tried advertising on Facebook and got a barrage of responses from people in foreign countries. I live in a college town. What’s the trick to finding somebody who can write an app for me?

Let’s say that 100,000 people are watching television Thursday night and they saw an ad for a new IBM computer. And they all thought to themselves "I should buy that stock tomorrow". The demand will be reflected in the volume and the daily candle. But from minute by minute, that additional...

I get what you're saying. Interesting concept. I am seeing a positive day almost every day. Of course, the market is bullish right now. But still...I can see a case for taking on leverage since I'm using a basket of stocks.

I interpreted this as buying stocks or ETFs that are as different as possible from each other, and ideally not tightly correlated with the overall market. For example, I'll go ahead and tell you that one of my three holdings is the ETF, UCO, which is a 2X spot oil fund. It's only partially...

That's the interesting thing about leveraging or pyramiding up. It only works if you win. That being said, my perspective has always been that one only plays if they think they are going to win anyway, so it just brings you to the end of your journey faster (riches or a blow out). I'm not...

I think I get it. 5% divided by 3 positions. So I could cut it down to 1.25% by taking on a fourth position (5 / 4 ). I guess I should know what the risk is, but I've just always knew it was "small" relative to the gains and my account never seems to go backward unless we have one of those...

Sorry, I thought I was clear...I’m playing an entire “play” account. I have taken the entire account and broken it into thirds and each third is fully invested in stocks. I set a deep stop for a black swan type event but it’s a swing trade so it doesn’t trigger. My biggest risk is buying the...

I’m just holding three stocks. So I guess technically the loss would be whatever gap down could catch me by surprise, or my stop. I’m not using leverage at all. I’m just trying to make 1/2% per day on average.

Thanks. Part of the method is to exit whenever the view changes, regardless of the degree of diversification, so I'm quick to get out. I do try to diversify as much as possible where I can, but if 2 of my 3 stocks are close to the same sector, I feel the risk is tolerable as long as I set...

Hey Guys...it's been a while! I have a question for the group. I'm swing trading. And I'm having good success playing three positions that have good momentum. If I see problems starting to develop in one of my positions, I jump out of that faltering position and into something else that...

Tom's advice about 5 tech tools that each have a purpose and don't have redundancy is spot-on. The only thing I can add is that I have better luck when I jump on a new trend and let the indicators tell me when I need to leave it.

Picture this scenario: The kid that went to college is put in charge of the production line at the factory. The blue collar workers on the production line (and their kids and grand kids) will need to pay more in taxes in their lifetimes to help their new boss pay off his student loans.

Well that was fast! I think we'll see $30/barrel before too long with the right kind of press.

FWIW, I agree with you. Oil is at $22 now, and a move to $30 would be so sweet with leverage! I imagine that the Saudis and the Russians have everyone in the oil industry trying to smooth things over. Everyone keeps saying "The Saudis can sell oil at $1". That might be true, but they can't...

Heh, tried to buy more at $1.84. Went down to $1.80 and my order didn't fill and then it bounced back up. Perhaps because the ETF is tied to the spot price and not really willingness to sell the ETF?

OK, you can call me a liar, but when I opened this thread, after oil spiked a little bit I sold it. Made about 15%. But now I'm calling a "near bottom". I just bought UCO (2X ETF) for 2.02 a share. It would have cost me 11 times as much in January. My logic is one general push of an olive...

I can't see it dropping much farther. IMHO, the correction is getting ahead of itself. The 2x ETF fund I like to play around with is now 9% of what it was in January. I just bought 1,000 shares for just over $2K, and it would have cost me $22K in January...that's just ridiculous. We're still...

I think that's an argument for higher oil. When oil is cheap, you can't stock up on it easily. Where am I going to put the cheap gas? That means that lower oil prices today doesn't curtail demand tomorrow because of storage problems. Anyway, it looks like oil is really going to bounce...

I hear you, but my logic is that things can't/won't happen overnight. First, from what I've read, it will take years and billions of dollars for the Saudis to carry out their threats. When you engineer things, they are engineered to be most economical for their intended use, so increasing...