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Personally I wouldn't hold more than 25% of a position through an earnings announcement. If you're up good on the position I would just exit before the announcement and take the money. You could always buy it again after things settle down. Too many things could happen out of your control to...

I use some margin quite regularly for day trades that are closed by end of day, but would I ever use it to load up on a "single gung-ho trade' ?? absolutely not ever. This is not Las Vegas. The most I would ever risk on a single trade is 4-5%, and even then 99% of trades I risk 2% max. At...

I wouldn't take the job unless the employer is willing to sign at least a 1 year contract with me. But I've been at this for a lot more than 5 months. But everybody's situation is different. As already mentioned if the job doesn't work out the market will still always be there for you.

Anyone who didn't make any money in the last 3 months needs to stop and re-evaluate their trading strategy and/or money management plan, IMHO. :) If people weren't so scared of taking a few small losses they likely wouldn't spend so much time trying to pick the top.

Here in Alberta most of our electricity is produced by burning natural gas or coal. There needs to be some really big changes in generation before driving electric cars reduces dependency on fossil fuels, or helps the environment (greenhouse gasses, etc). It might give you a warm fuzzy...

For day trades I use, trend lines and/or trend channels, S/R, and watch volume. Everything else seems to confuse things when I need to be able to make a quick decision. For swing trades I use a few more indicators and take a little more time because it can be done after hours.

I've had a few pints at the Bear and Kilt as well. :p Lately its been a lot more flying frog ale at Brewsters or Kold at the Big Rock Grill for lunch. I haven't been to Cowboys in years...

Why does a gap need to be completely filled in order to make money? The answer is it doesn't. Even on large gaps that may not get completely filled the same day there is almost always a partial reversal that can still be played. Larger gaps are much higher percentage plays for me as the...

Just a sucker rally as we are in a bear market IMO. Monday's pop did not have the volume behind it. Today was too weak to be considered a follow through day.

I think aapl my run up a few bucks into its earnings announcement on July 19 as well as some window dressing buyback, but I'm not ready to call 70 bux yet.

Old thread, but I thought I'd update anyways. Covered my short this morning at $25.69. It took a few months to play out but its been a nice ride down. :)

I sometimes use a trailing stop on swing trades but with equities only. If the position has arrived at my target price I'll often sell half and put a trailing stop on the remainder if I think it may go a little further. I look at the chart from a TA point of view to determine how far back to...

I would recommend a little more than 5K to start out if you can, especially trading stocks and/or options. With only a 5K account the commisions and fees can eat up a large portion of your profits. You don't need a lot of money to get started and even if you have more available, leave it in...

I dumped my calls this morning just after 10:00 am, you can't win em' all. :(

Bought some May $65 AAPL calls this AM. Maybe she'll run a little into the conference call?

Stop is at $42.49

I'm short AMD this morning at $39.71.

1. Spiders 2. I'm fine as long as no spiders are around 3. Kill spiders that get near me :)

From a technical point of view I'd be looking to go short after another bounce that can't make it much past 57. Would be a textbook H&S with a short term target of around 51.

I agree the future looks rosey for AMD right now. But when everybody starts talking the same way about a particular stock usually indicates the start of a reversal from my experience. This doesn't necessarily mean the stock is doomed, just ready for a correction. The reason all these analysts...