**OFFICIAL** Trading and Investing Thread- Part -VIII-

[GabrielNovar]

So there IS someone else that does some reading ha!

Da bond gawd himself.

I tried to take reading up as a new hobby but it didn't work out


Concerns- 1) recession/global recession.....starting to increase 2) deflation.....

I use to be in the camp that low oil was good, but its not having a positive impact as we should have.

I rarely rage but Steve Liesman pissed me off when he said he likes filling up @ the pump. Yeah save your $15 dollars.... Real positive for the economy so some idiot can buy another t-shirt.... while layoffs increase, foreclosures start, defaults rise. We need stable oil prices...not full out collapse mode

Dear diary

'thanks for reading' - Bee su

buy zee dip !

[badbart]

Want to stay out, but gold looking like a tempting short.

[poopman123]

What would happen if I bought a stock for $100, it lowers to $90 and I bought more of it?

[Slamt]

False. PDT still applies

PDT only applies to margin accounts for option trading, if you open a cash account u can open and close same day all you want

source: me

[BDub85]

PDT only applies to margin accounts for option trading, if you open a cash account u can open and close same day all you want

source: me

lol wut? This is exactly why miscers shouldnt take investment advice from here.

http://www.schwab.com/public/schwab/...e-T-3-Timeline

tempted to neg

[Slamt]

lol wut?

If you have a CASH ACCOUNT for options trading, you can buy and sell them the SAME day

are you guys fukin retarded?

[Venom08]

Thinking we rally for a couple days before resuming the selling to scare off weak hands. We seem to have decoupled from Chinese markets which proves that China wasn't the real reason for these sell-offs. I have a bunch of calls from yesterday which I'll start scaling out of tomorrow and will have realized profits 100% by Thursday's close. I think Friday could get bloody again to set in panic and fear into investors' heads for the weekend. The 15300 low on DJIA set y/d should hold though.

[Slamt]

lol wut? This is exactly why miscers shouldnt take investment advice from here.

http://www.schwab.com/public/schwab/...e-T-3-Timeline

tempted to neg

Links me to the T-3 rule lmao

Options are T-1 and that has nothing to do with day trading u fukin buffoon

[BDub85]

Links me to the T-3 rule lmao

Options are T-1 and that has nothing to do with day trading u fukin buffoon

show me one brokerage that allows day trading any security other than FOREX for under 25k

[cake123]

What would happen if I bought a stock for $100, it lowers to $90 and I bought more of it?

You lower the average cost of each share that you hold. Google dollar cost averaging if you want a more in depth example.

Buy 1 share for $100. Market Value = $100

Buy 1 more share at $90. Market value = $180

Average cost/share = $95

Breakeven (ignoring fees) = 190

Whereas if you had bought 2 shares at $100

2 shares/100 = $200

price drops to 90

market value of your 2 shares = $180

Breakeven = 200

[Slamt]

show me one brokerage that allows day trading any security other than FOREX for under 25k

optionshouse.com

make an account, make a same day with options, report back and give me my reps back u fukin tard



edit: and i don't have 25k

[thetrebel]

optionshouse.com

make an account, make a same day with options, report back and give me my reps back u fukin tard



edit: and i don't have 25k

Mirin gain$$$

[Slamt]

Mirin gain$$$

aww yea

TSLA will test 220 next week you heard it first from me

08-20-2015, 03:13 PM

[BDub85]

optionshouse.com

make an account, make a same day with options, report back and give me my reps back u fukin tard



edit: and i don't have 25k

oh really?

https://www.optionshouse.com/margins...rn-day-trader/

added to neg on sight for being a dum fuk

[Slamt]

oh really?

https://www.optionshouse.com/margins...rn-day-trader/

added to neg on site for being a dum fuk

optionhouses does common stocks too

options and common stocks trading are not the same

Options T-1, Stocks T-3 settlement rule

If you open an option contract and close it the same day, it does not count as a day trade ***WITH A CASH ACCOUNT***

jesus, i've dabbled with options for a few years

I've never even seen you post in this thread until this crash, and the second you come in you act all high and mighty and then look like a fukin' fool in the process

move along

[cake123]

oh really?

https://www.optionshouse.com/margins...rn-day-trader/

added to neg on sight for being a dum fuk

You're misunderstanding what he's saying. This 25k minimum only applies to margin accounts (maybe look up that term if you're not clear on what margin trading is). Since he is using a cash account, he can trade with all of the settled funds in his account.

[BDub85]

You're misunderstanding what he's saying. This 25k minimum only applies to margin accounts (maybe look up that term if you're not clear on what margin trading is). Since he is using a cash account, he can trade with all of the settled funds in his account.

which takes three day for stocks...while he can have T+1 for options, I fail to see how he can buy/sell uncovered options or sell short...even puts you need to have cash on hand in cases of your chit getting called.

[Slamt]

which takes three day for stocks...while he can have T+1 for options, I fail to see how he can buy/sell uncovered options or sell short...even puts you need to have cash on hand in cases of your chit getting called.

I don't short to open any contracts or naked anything

I am not even sure what you're on right now.

Just puts n calls. You don't have to execute anything, you just pay for the premium and trade that, options 101

[cake123]

which takes three day for stocks...while he can have T+1 for options, I fail to see how he can buy/sell uncovered options or sell short...even puts you need to have cash on hand in cases of your chit getting called.

If you are day trading options this means you are selling and buying on the same day, so there is no risk for them to expire and be exercised. I don't see the issue here to be honest.

[Slamt]

Anyways out of my NFLX 105 calls 2.16 to 5.35, rolled them into nflx 110 calls



we here now ayy lmao

[BDub85]

I don't short to open any contracts or naked anything

I am not even sure what you're on right now.

Just puts n calls. You don't have to execute anything, you just pay for the premium and trade that, options 101

buy and sell all you want? enjoy your pattern day trader margin calls

If you are day trading options this means you are selling and buying on the same day, so there is no risk for them to expire and be exercised. I don't see the issue here to be honest.

you still have to put the money up front. what if I buy puts on exercise day and don't pay? lmao.

[badbart]

If you have a CASH ACCOUNT for options trading, you can buy and sell them the SAME day

are you guys fukin retarded?

Yes but you have to watch your settled funds, without margin the settled funds requirement makes a lot of trading in a cash account a pain inn the ass.

[cake123]

buy and sell all you want? enjoy your pattern day trader margin calls



you still have to put the money up front. what if I buy puts on exercise day and don't pay? lmao.

I'll give you one guess as to what happens.

[Slamt]

Yes but you have to watch your settled funds, without margin the settled funds requirement makes a lot of trading in a cash account a pain inn the ass.

Yes, this is a thing, but options trading is the only way to effectively day trade with a small account and have big returns imo

finally people ITT who know what they're talking about

buy and sell all you want? enjoy your pattern day trader margin calls



you still have to put the money up front. what if I buy puts on exercise day and don't pay? lmao.

pls go

[BDub85]

Yes, this is a thing, but options trading is the only way to effectively day trade with a small account and have big returns imo

finally people ITT who know what they're talking about



pls go

no thx bro im sweet

[Slamt]

no thx bro im sweet

keep posting lmao this is getting pretty funny

fukin clown

[BDub85]

keep posting lmao this is getting pretty funny

fukin clown

please tell me where im wrong in any of my posts? you mad cause I called you out and after the fact revealed you day trade options on a cash account "as much as you please"? lol do you even settlement period on cash accounts? How many times you think you can day trade on a cash account? fuking retard.

[Slamt]

please tell me where im wrong in any of my posts? you mad cause I called you out and after the fact revealed you day trade options on a cash account "as much as you please"? lol do you even settlement period on cash accounts? How many times you think you can day trade on a cash account? fuking retard.

You've never traded an option in your life, that's pretty clear from all your retarded posts.

You can day trade as much as you want until you have no more settled cash in the CASH ACCOUNT, fukin tard.

edit: i realize you're a special breed so i'll break it down for you.

Start day with 1000, you can use that 1000 to buy whatever the fuk OPTION you want, and sell it the same day. That 1000 would then be gone from your BP ---> everything comes back the next day fully usuable --> repeat

[thetrebel]

Markets are ready to bounce

Just need a little more buying volume

[blinkers88]

Markets are ready to bounce

Just need a little more buying volume

forreal feels like a squeeze is coming