精华 苦辣酸甜难书尽，成败得失笑谈中
- 主题发起人 加京游子
- 开始时间
My money printing machines are working overdrive!
Yes, LVS and DNDN!!!!!!!!!!!!!!!!!!!! Keep printing new highs!!!!!!!!!!!!!! This is easier than robbing the bank, huh?
Don't fight the tape!!!!! Chase them up if you dare!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hahaha, I am loving them, having fun and laughing my way to the bank !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Yes, LVS and DNDN!!!!!!!!!!!!!!!!!!!! Keep printing new highs!!!!!!!!!!!!!! This is easier than robbing the bank, huh?
Don't fight the tape!!!!! Chase them up if you dare!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Hahaha, I am loving them, having fun and laughing my way to the bank !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
My rocketships are refueling!
Captain MG --- ground crew, ground crew, this is your Captain MG. We are preparing for a PM launch into even higher latitudes! Refuel, please, refuel! Yes, load the tanks right up to full capacity! Some overloading is fine too!
Captain SA: ground crew, ground crew, this is your Captain SA. We are preparing for a 1:00PM launch into even higher latitudes! I want everything to be fully ready. I am calling for an all-out refuel, yes, an all-out refuel!
Captain MG --- ground crew, ground crew, this is your Captain MG. We are preparing for a PM launch into even higher latitudes! Refuel, please, refuel! Yes, load the tanks right up to full capacity! Some overloading is fine too!
Captain SA: ground crew, ground crew, this is your Captain SA. We are preparing for a 1:00PM launch into even higher latitudes! I want everything to be fully ready. I am calling for an all-out refuel, yes, an all-out refuel!
I luv Easter!
Turning rocks into gold with LVS, haha!
Sold my April 21 and 22.5 calls while keeping my truckload of 24 calls (bought at 0.21) for a fun ride.
Also, sold the little MGM shares bought this PM for a buck of profit. Not too shaby for a day trade, huh?
p.s. Changed my mind and sold 100 April 24 calls at 0.72. Too good to leave this much on the table!
Turning rocks into gold with LVS, haha!
Sold my April 21 and 22.5 calls while keeping my truckload of 24 calls (bought at 0.21) for a fun ride.
Also, sold the little MGM shares bought this PM for a buck of profit. Not too shaby for a day trade, huh?
p.s. Changed my mind and sold 100 April 24 calls at 0.72. Too good to leave this much on the table!
When to close a position?
That is a time-honoured question and there is no good answer by any standard. There are, nevertheless, a couple of rules of thumb to be applied:
1) Loss is never fun to take, which is more often than not, necessary. When a position moves against expectations, admit the wrong move, act quickly and cut loss such that working capital can be preserved to fight for another day. Averaging down is for suckers.
2) Profits always take care of themselves and are always fun to take, which is more often than not, also necessary. Attempting to close a position at the absolute top is also for suckers (the same goes with trying to buy at the absolute bottom). When the paper profits are such that selling a portion of a position enables one to play with the house money, just do it!
I learned these with blood. Studying any book, even by masters, can only be a mind game, very different when one's money is on the line. I have started to apply these a while ago. Recent examples include selling my ITMN puts for a huge loss and AIG puts for a small loss (a couple of weeks ago) and selling LVS calls for huge profits (today).
These two aside, read the tape and be mindful of pivotal points --- both price and volume movements!!!!! Granted, DD is prerequisite!!!!!!!!!!!
Pofitable trading, all!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
That is a time-honoured question and there is no good answer by any standard. There are, nevertheless, a couple of rules of thumb to be applied:
1) Loss is never fun to take, which is more often than not, necessary. When a position moves against expectations, admit the wrong move, act quickly and cut loss such that working capital can be preserved to fight for another day. Averaging down is for suckers.
2) Profits always take care of themselves and are always fun to take, which is more often than not, also necessary. Attempting to close a position at the absolute top is also for suckers (the same goes with trying to buy at the absolute bottom). When the paper profits are such that selling a portion of a position enables one to play with the house money, just do it!
I learned these with blood. Studying any book, even by masters, can only be a mind game, very different when one's money is on the line. I have started to apply these a while ago. Recent examples include selling my ITMN puts for a huge loss and AIG puts for a small loss (a couple of weeks ago) and selling LVS calls for huge profits (today).
These two aside, read the tape and be mindful of pivotal points --- both price and volume movements!!!!! Granted, DD is prerequisite!!!!!!!!!!!
Pofitable trading, all!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Feeling good to beat the game, huh?
http://www.tradingmarkets.com/news/stock-alert/crme_dndn_lvs_new-2010-highs--891895.html
http://www.tradingmarkets.com/news/stock-alert/crme_dndn_lvs_new-2010-highs--891895.html
Thank you very much for your goodwill! With my current pitiful steak in the market, an early retirement remains an elusive dream, likely years away if it ever comes true. I will turn to a pro stock operator if I ever retire from my day job. I love the actions of the Market. Nothing comes close --- good cognac, tea, cigars, flowers off market hours, of course, and definitely, ......
I let them have some of my DNDN calls!
Today's sudden surge in DNDN pps pleasantly surprised me, likely thanks to a CNBC discussion last night, which resulted in a small short squeeze. Options traded like there is no tomorrow. As a natural reaction to market surprises (as in handling the unexpected), I let them have my April 37 calls at 3.8 (bought at the average of 2.14) and some of my May 40 calls at 6.1 (bought at the average of 4.15). When the reason(s) a stock moves is not known, don't ask why but follow instincts --- some times, the reasons may not be known for days and by the time it is all clear, Mr. Market has already done its thing and one ends up holding a bag. This is not to say that I am no longer confident about Provenge's being approved by the FDA. Rather, I only sold what I earmarked for trading. I still hold my core holdings. My TFSA holds only DNDN and LEAPS. Just checked and it has ballooned by 65%. Have no idea whether today's DNDN move is due to news leak (hope not) or pure speculation. My sellings of LVS yesterday and DNDN today were solely dictated by market conditions. If news was leaked and brought about today's move, I lost for I am not privy to any insider info. In addition, I have another couple of plays in mind in the near term and I need to conserve cash. Really thank LVS yesterday and DNDN today for giving what I was expecting. Great to have these two money printing machines, huh? Whatever I have left in the market at the moment is house money. I am sitting on a pile of cash now with 50% return for the year, not counting what I have left in the market, beating by a wide margin any mutual fund or hedge fund (是不是该见好就收? 哈哈! 典型的散户行为，不赔钱才真见鬼呢！). Feeling pretty good to be a market participant with house money! I have rolled most of my April options into May options already. I don't normally like to leave my holdings' fates to the last week of OE. Holding 220 free LVS April 24 calls --- hoping to sell 2K and exercise 20.
The cash I am hoarding now will be put to work soon. Anybody noticed that BAC broke out of the 18.3 range top today with ease?
It is a bull market! What is there not to be liked and loved unless one is a short/put holder, haha??????????
Today's sudden surge in DNDN pps pleasantly surprised me, likely thanks to a CNBC discussion last night, which resulted in a small short squeeze. Options traded like there is no tomorrow. As a natural reaction to market surprises (as in handling the unexpected), I let them have my April 37 calls at 3.8 (bought at the average of 2.14) and some of my May 40 calls at 6.1 (bought at the average of 4.15). When the reason(s) a stock moves is not known, don't ask why but follow instincts --- some times, the reasons may not be known for days and by the time it is all clear, Mr. Market has already done its thing and one ends up holding a bag. This is not to say that I am no longer confident about Provenge's being approved by the FDA. Rather, I only sold what I earmarked for trading. I still hold my core holdings. My TFSA holds only DNDN and LEAPS. Just checked and it has ballooned by 65%. Have no idea whether today's DNDN move is due to news leak (hope not) or pure speculation. My sellings of LVS yesterday and DNDN today were solely dictated by market conditions. If news was leaked and brought about today's move, I lost for I am not privy to any insider info. In addition, I have another couple of plays in mind in the near term and I need to conserve cash. Really thank LVS yesterday and DNDN today for giving what I was expecting. Great to have these two money printing machines, huh? Whatever I have left in the market at the moment is house money. I am sitting on a pile of cash now with 50% return for the year, not counting what I have left in the market, beating by a wide margin any mutual fund or hedge fund (是不是该见好就收? 哈哈! 典型的散户行为，不赔钱才真见鬼呢！). Feeling pretty good to be a market participant with house money! I have rolled most of my April options into May options already. I don't normally like to leave my holdings' fates to the last week of OE. Holding 220 free LVS April 24 calls --- hoping to sell 2K and exercise 20.
The cash I am hoarding now will be put to work soon. Anybody noticed that BAC broke out of the 18.3 range top today with ease?
It is a bull market! What is there not to be liked and loved unless one is a short/put holder, haha??????????
e patterson
新手上路
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As an unbiased observer to this particular thread, I am left wondering why the masses would choose to "target" this individual, rather than to read, perhaps gain some insight, and then execute on their own.
I realized that the higher one goes, the easier it is to become a target, but really, is the bashing necessary?
"When we talk, we don't listen, and when we don't hear, we don't learn"...
I realized that the higher one goes, the easier it is to become a target, but really, is the bashing necessary?
"When we talk, we don't listen, and when we don't hear, we don't learn"...
Smarten up and learn to be street savvy
What I post here is what I learned from sweat and blood in the real battle grounds (two catatrophies in ELN and DNDN and one major setback in SVA, 2005, 2007 and 2009 respectively, all odd year. This is an even year. So I shall do fine?), not something from any book, by either amatuers or masters. Don't be happy making the pennies while losing sight of the dollars. You guys are fortunate to have these posts for reading free of charge, entertainment or otherwise. This thread is intended as a best seller if I ever achieve what I envision or garbage otherwise.
Masters at whatever are parent-given, not learned!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
What I post here is what I learned from sweat and blood in the real battle grounds (two catatrophies in ELN and DNDN and one major setback in SVA, 2005, 2007 and 2009 respectively, all odd year. This is an even year. So I shall do fine?), not something from any book, by either amatuers or masters. Don't be happy making the pennies while losing sight of the dollars. You guys are fortunate to have these posts for reading free of charge, entertainment or otherwise. This thread is intended as a best seller if I ever achieve what I envision or garbage otherwise.
Masters at whatever are parent-given, not learned!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Here is a hint
One biotech --- calls
Two hospitalities --- calls
One bank --- calls
One biotech --- puts
I envision to change my screen name to DNDNLVSBAC if and when all intended options are exercised. My BAC May 21 calls at 0.08 bought this morning smell pretty sweet!
One biotech --- calls
Two hospitalities --- calls
One bank --- calls
One biotech --- puts
I envision to change my screen name to DNDNLVSBAC if and when all intended options are exercised. My BAC May 21 calls at 0.08 bought this morning smell pretty sweet!
Names? You want names? You have the names. But you can not handle these names!
What follows are the names, among others, I have studied as a reading pleasure.
Jesse Livermore: the plunging boy who was barred from playing in the bucketshops, whom JP Morgan personally begged to stop shorting, who single-handedly formed the Fed with JP Morgan and hence saved the American financial system, who declared personal bankruptcy three times in his time, who took his own life away with his own hand when his son was shot dead by the mother ...... the greatest stock operator considered to have ever lived. To me, the most valuable quote is: play with the house money.
Ed Bradley: a riverbank casino operator, the greatest gambler considered to have ever lived, the best friend of JL. To me, the most valuable quote is: never leave a winning table.
Warren Buffett: the only walking god of stock operations, whose fortune was built far from stock operations only, who had the chance to get into Intel from the ground floor way back in 1968 because technology was way off his head, who again refused to play technologies in the 1990's technology boom. To me, the most valuable quote is: be greedy when everyone else is fearful, and vice versa. Personal prediction: his financial empire will collapse spectacularly with his purchase of the railways, which will end his tale of being the living stock god. I will make sure to save enough cash to put BRKB upon any indication of his health deterioration.
Peter Lynch: the Vanguard Fund king who simply made most of his fortune off Dell, who quit the market altogether at his prime performance at the best age of 44! To me, the most valuable quote is: trade only what you know the best.
George Soros: the all mighty fearful king of currency operator, who has brought about so many disasters to so many countries: Japan, the Great Britain, Russia, Indonesia, and failed-attempt at Hong Kong.
Stevie Cohen: Chairman of SAC capital, the Hedge Fund of today's WS, who is a member of the Milken Network
Michael Milken: a convicted criminal and the king of junk bond in the 1980's, whose protege includes the like of Cramer (CNBC) and Stevie Cohen, whose Prostate Cancer Foundation is still in operation and takes in donations, which has supported many self-claimed clinical trials that sabotaged the FDA's approval of Provenge in 2007 through his vast network including but not limited to Dr. Sher and Maha
Joe Adelman: a member of the Milken Network, a biotech shorting hedgefund operator, who has either disappeared or will likely disappear in the surge of DNDN
John Paulson：A hedgefund operator who bought in with quite a significant number of BAC shares in the $13-15 range, who is also reported to buy in big time with C shares
Meredith (what is the last name?): The good-looking self-proclaimed king of financial analysts who made her name known in WS via her in-depth discovery and reveal of Citi's troubles, over milking that fame and founding her own analysis house but has not been heard altogether since the market bounced off the lows.
James Tobin: Yale Professor of Economics, President Kennedy's Economic Advisor, 1981 Nobel laureate in economic sciences for "his analysis of financial markets and their relations to expenditure decisions, employment, production and prices".
Nassim Nicholas Talab: WS philosopher and author of best seller "Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets".
The list of names may go on and on. You want names, here you have the names. I bet you can't handle the names.
小屁孩才读了几本书，特别是Buffett的什么通讯，就要教训人，滚一边去！不懂是很正常的，但别不懂还要评头论足、指手划脚！ Buffett就从来不做他不懂的！不是那块料就别碰不懂的，别眼红--- 祖师爷教你的！
I turned rocks into gold with LVS yesterday and DNDN today. So what? I am not about to end my market participation right here and now. I may as well lose them all and more in any other operation(s). They are never mine to begin with and I don't mind losing them all if I have to. Stick to what you believe in. Don't be lured away from your focus by any other hot issues!!!!!!!!
What follows are the names, among others, I have studied as a reading pleasure.
Jesse Livermore: the plunging boy who was barred from playing in the bucketshops, whom JP Morgan personally begged to stop shorting, who single-handedly formed the Fed with JP Morgan and hence saved the American financial system, who declared personal bankruptcy three times in his time, who took his own life away with his own hand when his son was shot dead by the mother ...... the greatest stock operator considered to have ever lived. To me, the most valuable quote is: play with the house money.
Ed Bradley: a riverbank casino operator, the greatest gambler considered to have ever lived, the best friend of JL. To me, the most valuable quote is: never leave a winning table.
Warren Buffett: the only walking god of stock operations, whose fortune was built far from stock operations only, who had the chance to get into Intel from the ground floor way back in 1968 because technology was way off his head, who again refused to play technologies in the 1990's technology boom. To me, the most valuable quote is: be greedy when everyone else is fearful, and vice versa. Personal prediction: his financial empire will collapse spectacularly with his purchase of the railways, which will end his tale of being the living stock god. I will make sure to save enough cash to put BRKB upon any indication of his health deterioration.
Peter Lynch: the Vanguard Fund king who simply made most of his fortune off Dell, who quit the market altogether at his prime performance at the best age of 44! To me, the most valuable quote is: trade only what you know the best.
George Soros: the all mighty fearful king of currency operator, who has brought about so many disasters to so many countries: Japan, the Great Britain, Russia, Indonesia, and failed-attempt at Hong Kong.
Stevie Cohen: Chairman of SAC capital, the Hedge Fund of today's WS, who is a member of the Milken Network
Michael Milken: a convicted criminal and the king of junk bond in the 1980's, whose protege includes the like of Cramer (CNBC) and Stevie Cohen, whose Prostate Cancer Foundation is still in operation and takes in donations, which has supported many self-claimed clinical trials that sabotaged the FDA's approval of Provenge in 2007 through his vast network including but not limited to Dr. Sher and Maha
Joe Adelman: a member of the Milken Network, a biotech shorting hedgefund operator, who has either disappeared or will likely disappear in the surge of DNDN
John Paulson：A hedgefund operator who bought in with quite a significant number of BAC shares in the $13-15 range, who is also reported to buy in big time with C shares
Meredith (what is the last name?): The good-looking self-proclaimed king of financial analysts who made her name known in WS via her in-depth discovery and reveal of Citi's troubles, over milking that fame and founding her own analysis house but has not been heard altogether since the market bounced off the lows.
James Tobin: Yale Professor of Economics, President Kennedy's Economic Advisor, 1981 Nobel laureate in economic sciences for "his analysis of financial markets and their relations to expenditure decisions, employment, production and prices".
Nassim Nicholas Talab: WS philosopher and author of best seller "Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets".
The list of names may go on and on. You want names, here you have the names. I bet you can't handle the names.
小屁孩才读了几本书，特别是Buffett的什么通讯，就要教训人，滚一边去！不懂是很正常的，但别不懂还要评头论足、指手划脚！ Buffett就从来不做他不懂的！不是那块料就别碰不懂的，别眼红--- 祖师爷教你的！
I turned rocks into gold with LVS yesterday and DNDN today. So what? I am not about to end my market participation right here and now. I may as well lose them all and more in any other operation(s). They are never mine to begin with and I don't mind losing them all if I have to. Stick to what you believe in. Don't be lured away from your focus by any other hot issues!!!!!!!!
