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  1. R

    now its about investing in whiskey?

    I'd imagine the bid-ask spreads would be pretty wide on rare bottles of booze or wine, although I have no personal experience trying to invest in these instruments. Ebay doesn't accept alcohol-auctions, but I assume there's some other site where one could buy & sell rare vintages. Plus, there's...
  2. R

    RM's occasional market calls...

    Exiting big chunks right now in pre-market with ZSL up a buck at $13.85. Out of half the position now. Edit: Out of two thirds now. Edit: Consider the position completely closed now. ZSL: $13.82
  3. R

    RM's occasional market calls...

    I got a few fills in AH, exiting ZSL at $12.92, $12.94 & $12.97. Obviously this wasn't my original 'target price', since these exits are only a few cents above where I got in. Sizing down just seemed appropriate, although even with all these fills I am still holding on to 80% of the original...
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    RM's occasional market calls...

    So I exited 8% of the position at $12.87 before the close (changed my limit to a penny lower to get filled), and have some small limit orders out there in AH trading to exit a little more, if ZSL happens to trade above the closing price. I'm still holding on to the lion's share of this...
  5. R

    RM's occasional market calls...

    This short-silver position feels a little bit <i>iffy</i> right now, doesn't it? I can't quite put a finger on what's wrong exactly, but sizing down just a little feels like the right thing to do. I've got an offer out to exit (only) 8% of my ZSL position at $12.88. Last trade was $12.87, so...
  6. R

    RM's occasional market calls...

    Only when I'm making a big run, but not the other 80-90% of the time.
  7. R

    RM's occasional market calls...

    On second thought, about ten different guys here backed me up vs. that short-bus kid, which tells me that if people want me to answer their personal questions, I might as well keep doing so. :cool: <i>Were you labeled an underachiever early in life? </i> ---> Kind of. Keep in mind that I...
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    RM's occasional market calls...

    <i>Do you have any opinion on the agri futures right now?</i> ----->No opinion, sorry. <i>Were you labeled an underachiever early in life? How much sleep do you get on average? Did you burn bridges at Schon...</i> -----> For some odd reason, I'm now wondering if answering personal...
  9. R

    RM's occasional market calls...

    Is he a troll, a moron, or both? Dude, read this thread all over from the beginning. It should be 100% obvious to you that I'm just trying to post market calls here (and nothing else), while others keep trying to turn the thread into a more personal discussion with a constant barrage of...
  10. R

    RM's occasional market calls...

    So you're whining because people ask me questions and I provide them with comprehensive answers? Really?! I found your trolling efforts to be slightly annoying at first, but now that six different guys have stepped up to get my back, you've now been reduced to nothing more than an amusing...
  11. R

    RM's occasional market calls...

    You're welcome! I'm still holding the entire position here, but if silver sells off just a little bit more, my limit orders to exit are going to start getting hit... ZSL current price: $13.14
  12. R

    RM's occasional market calls...

    Thanks. It would be helpful if the task of neutralizing dumb comments & questions didn't entirely fall on me, but if others could help with this as well. As for my holding time, it's flexible. 1-3 days isn't set in stone...
  13. R

    RM's occasional market calls...

    You can't possibly fathom how 75% of max buying power isn't the same thing as 75% of my entire net worth, so you therefore assume that I'm now 'going back on what I said'? Interesting... and that would be <i>your</i> (reading comprehension) problem, not mine. Anybody else have any ignorant...
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    RM's occasional market calls...

    <i>But where can you get any better terms?</i> ---->That's what I'm still trying to figure out. <i>So you really put 75% of your net worth in ZSL?</i> ---->That's not what I said. The whole thing with Echo... I probably shouldn't have mentioned any of it. Providing people with complete...
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    RM's occasional market calls...

    <i>pretty much out of my arse i guess... :)</i> Yeah, that's what I figured. :p Exchange fees (or rebates) are calculated entirely separate from the commissions paid to a prop firm (unless you're paying a 'blended' rate, which I wasn't). I was paying Echo 1/2 mil/year in commissions, and...
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    RM's occasional market calls...

    <i>"out of $0.5M in gross commissions Echo pocketed only how much? maybe a quarter or $125K?"</i> --->I'm not agreeing or disagreeing with you, I'm just wondering: How'd you figure those numbers?
  17. R

    RM's occasional market calls...

    Ok, here we go again: Long ZSL with 75% of max buying power, right here, right now. ZSL current price: 12.86. Time frame: 1-3 days. Regarding Echo: I can no longer recommend them. My main problem with Echo was their increasingly tight, often illogical risk control. When I set up shop...
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    RM's occasional market calls...

    Thanks! Suffering from a chronic, life-long illness is bad enough- but suffering from that illness while society refuses to acknowledge that the illness even exists at all, while the only effective treatment I've found is deemed a 'felony' with a scarlet-letter of stigma surrounding it... well...
  19. R

    RM's occasional market calls...

    I'm going to respectfully decline to get into any of that. Sorry, and please don't take offense. I've just explained what I <i>am</i> and <i>am not</i> trying to accomplish with this journal, and providing clear answers to these questions would <b>not</b> fall into the first category.
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    RM's occasional market calls...

    I also have two other, less important motives behind this journal: 1) If I can put together a journal with, say 20 real-time market calls and at least 80% of them turn out to be profitable winning trades, I'll have created something that looks impressive, making me look pretty damn...
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