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

[Barn01]

Here's a link to part VII: http://forum.bodybuilding.com/showth...hp?t=159164961
Here's a link to part VI: http://forum.bodybuilding.com/showth...hp?t=154050541

Welcome to the 8th edition of the Trading and Investing Thread.

ITT, we talk about Trading a variety of securities; Stocks, Currencies, Real-estate, Lending Deals, and anything else that makes us money!!
ITT, we also talk about strategies for retirement, savings, and finding deals.
ITT, we also talk smack about anything and everything .... however if this gets out of hand then you will be asked to get on task or leave.

Disclaimer
Trading and Investing should not be taken lightly, and we of this thread assume NO responsibility if you choose to invest in anything we mention!

Investments come in many shapes and sizes and you should ONLY put real money on the line when you feel that you are ready to accept the worst case scenario. Very few investments are considered a "sure thing". ITT we understand that investments are looked at in terms of risk:reward and bring with it certain levels of probability. We try to put the odds in our favor and diversify our risk.

Useful links:

> http://www.google.com/finance

> http://www.investopedia.com/

> http://www.babypips.com/tools/forex-calendar/

> http://www.sec.gov/edgar/searchedgar/companysearch.html

> http://www.marketwatch.com/

For those that are about to ask ... HOW/WHERE CAN I LEARN THIS STUFF? Follow these links to books that could change your life.

> http://forum.bodybuilding.com/showth...post1067987391

> http://forum.bodybuilding.com/showth...#post859806913


Disclaimer: Some links in this thread may offer torrents, we do not encourage or condone downloading any of these without paying for them.

You are entering a marathon not a sprint and those who want to make the fast bucks may laugh first but we usually laugh last.

[TheWorldIsUrs]

We outchea hustlin'

[GabrielNovar]

In on epic thread. Let the investing begin!

[TexasJaTT]

In on first page! We gonna make it....You need to diversify your bonds neqa- WuTang Financial

[arem20]

To all the haters that claim macro economic fundamentals trading can't be done.

And that is how Forex is done my friends. Just closed out both positions. Made about 600% on that trade, lol. Could have been a lot more if I had leveraged up more but I'm comfortable with it.

I believe tekk criticized me for not playing the USD/JPY long earlier when I said it was a slam dunk to go to 106. Now I did And 106 is where i think reasonable value is. If it dips below 102 again I'll re-enter the exact same trade.

Been going on a few expensive trips etc. so haven't been very involved in the markets or reading besides a few cursory glances at the news.

Gonna buckle down again for the fall and winter.

[TexasJaTT]

Anyone know when I can grab me some BABA?

[StallionRx]

In and subbed.

[Barn01]

To all the haters that claim macro economic fundamentals trading can't be done.

And that is how Forex is done my friends. Just closed out both positions. Made about 600% on that trade, lol. Could have been a lot more if I had leveraged up more but I'm comfortable with it.

I believe tekk criticized me for not playing the USD/JPY long earlier when I said it was a slam dunk to go to 106. Now I did And 106 is where i think reasonable value is. If it dips below 102 again I'll re-enter the exact same trade.

Been going on a few expensive trips etc. so haven't been very involved in the markets or reading besides a few cursory glances at the news.

Gonna buckle down again for the fall and winter.

Now that's an FX trade ... well done! Macro trades are done all the time as long as people realize that it's a trade that takes time and not some short term flip.

Anyone know when I can grab me some BABA?

Friday is first day of trading.

[xRedStaRx]

To all the haters that claim macro economic fundamentals trading can't be done.

And that is how Forex is done my friends. Just closed out both positions. Made about 600% on that trade, lol. Could have been a lot more if I had leveraged up more but I'm comfortable with it.

I believe tekk criticized me for not playing the USD/JPY long earlier when I said it was a slam dunk to go to 106. Now I did And 106 is where i think reasonable value is. If it dips below 102 again I'll re-enter the exact same trade.

Been going on a few expensive trips etc. so haven't been very involved in the markets or reading besides a few cursory glances at the news.

Gonna buckle down again for the fall and winter.

Why is 106 a reasonable value? What was the catalyst for the trade?

[Lucern]

Innnn on 1st page.

[Tekkendo]

To all the haters that claim macro economic fundamentals trading can't be done.

And that is how Forex is done my friends. Just closed out both positions. Made about 600% on that trade, lol. Could have been a lot more if I had leveraged up more but I'm comfortable with it.

I believe tekk criticized me for not playing the USD/JPY long earlier when I said it was a slam dunk to go to 106. Now I did And 106 is where i think reasonable value is. If it dips below 102 again I'll re-enter the exact same trade.

Been going on a few expensive trips etc. so haven't been very involved in the markets or reading besides a few cursory glances at the news.

Gonna buckle down again for the fall and winter.

Beginner's luck. If that bombed, we would never have heard about it.

If you can repeat the same over and over again over an extended period of time, then you can talk.


There are shetload of people with 1000% gains at those forex forum. It doesn't mean shiete b/c they can't repeat their lucky break, let alone with consistency.


Sorry to be blunt, but a blunt claim like yours deserves a wake up call.


P.s I have criticized shete load of things and thus don't remember if I criticized your trade or not although I don't remember it. But since you mentioned me by name, I feel obligated to open my mouth.


PSS. My gf went long on UJ on 8/18 and rode it up too, and has been throwing it at my face b/c I didn't do my homework. (@Whitebelt, what did I tell you about getting the Mrs to trade too? I am the living proof of the side effect!! )

[thetrebel]

In.jpg

[Barn01]

P.s I have criticized shete load of things and thus don't remember if I criticized your trade or not although I don't remember it. But since you mentioned me by name, I feel obligated to open my mouth.

PSS. My gf went long on UJ on 8/18 and rode it up too, and has been throwing it at my face b/c I didn't do my homework. (@Whitebelt, what did I tell you about getting the Mrs to trade too? I am the living proof of the side effect!! )

Haha he didn't have to mention your name for you to comment

+1 on the GF trading thing. She picked a bus making business because she was riding on a new bus and that was who made it. She picked some random company they were pumping on the radio ... both made more than my last 2 picks so now she wants to divert some of her debt paying money into the markets ... Face palm!

I hate seeing beginners luck in the markets ... I've always thought that it's worse than a first loss (in the long run)

[srom12]

In on first page


Also possibly in on new thread to pick up some knowledge to help with my finance classes

[Tekkendo]

Haha he didn't have to mention your name for you to comment

+1 on the GF trading thing. She picked a bus making business because she was riding on a new bus and that was who made it. She picked some random company they were pumping on the radio ... both made more than my last 2 picks so now she wants to divert some of her debt paying money into the markets ... Face palm!

I hate seeing beginners luck in the markets ... I've always thought that it's worse than a first loss (in the long run)

Peter Lynch II.

[MiamiLife305]

What major would you guys recommend for an Investor/Trader

Currently got about $3k on CTIX, up at 2.30 today

feelsexcitedman.jpg

[ctownballer04]

In on first trade.











edit: Meant page lol.

[ctownballer04]

Haha he didn't have to mention your name for you to comment

+1 on the GF trading thing. She picked a bus making business because she was riding on a new bus and that was who made it. She picked some random company they were pumping on the radio ... both made more than my last 2 picks so now she wants to divert some of her debt paying money into the markets ... Face palm!

I hate seeing beginners luck in the markets ... I've always thought that it's worse than a first loss (in the long run)

Looking back I wish I lost on my first trades. I was like 17 and had 3k so my dad told me to pick 3 companies. I chose ARMH, AAPL, and GOOG. All of them are up over 100% since then. GOOG jumped $50 the day after I bought it because I bought the day before earnings (I didn't even know what earnings were at this time).

Then after this I thought I was good at "stock market" until a few blunderous wake up calls. Probably would have had more confidence to give my friends stock picks then than I do now lmao.

What major would you guys recommend for an Investor/Trader

Currently got about $3k on CTIX, up at 2.30 today

feelsexcitedman.jpg

I think math, physics, engineering are all good. You don't have to go into finance or economics to go into this field. I'd pick something that challenges you, you can learn finance and econ on the side, they're not too difficult.

[arem20]

Beginner's luck. If that bombed, we would never have heard about it.

If you can repeat the same over and over again over an extended period of time, then you can talk.


There are shetload of people with 1000% gains at those forex forum. It doesn't mean shiete b/c they can't repeat their lucky break, let alone with consistency.


Sorry to be blunt, but a blunt claim like yours deserves a wake up call.


P.s I have criticized shete load of things and thus don't remember if I criticized your trade or not although I don't remember it. But since you mentioned me by name, I feel obligated to open my mouth.


PSS. My gf went long on UJ on 8/18 and rode it up too, and has been throwing it at my face b/c I didn't do my homework. (@Whitebelt, what did I tell you about getting the Mrs to trade too? I am the living proof of the side effect!! )

Always like criticism And wasn't calling you out, just giving a reference to me actually pulling the trigger this time. Glad to see you're unbanned.

Why is 106 a reasonable value? What was the catalyst for the trade?

Historical basket of consistent and identical goods based on Law of one price values. Also my future expectations for the central banks of both countries and demographics as far as general driving trends.

As far as the first part, basically, what has the price differential over time been for say a Toyota Camry, brand name TV, certain food items that are relatively in elastic, etc. been after adjusting for currency valuations. It gives you a sort of adjusted P/E ratio if you will for the company that you can compare to a historical norm. It's important when doing this type of analysis to consider certain historical events and throw out outliers, so say a temporary trade flare up with china, isolated wars that occur on a countries soil that destroys working Kapital, etc. (Basically smoothing the data, running regressions, etc.)

And been following the currency for a long while. Mainly a gut instinct propped up by whatever I think I know about the two countries and a value bet on their future. And I guess I'll put it like this, we can put some percentage that I'm right in a normal stable environment, let's say 60%. Now there's say a 20% chance something abnormal happens and I've misjudged it, now I figure there's probably an even chance I'm either under assuming the future movement or over assuming it, so that's a wash. Even in the event of a "fat tail" event, which has let's say a binary outcome, I've got a 50% chance of it moving my way. Now the important thing here is that if a fat tail happens, my 60% edge is now 50% minus commission, so over time, a losing strategy. That's why I prefer more mid term trades in the forex space, say a couple months, because the less time you're in a trade, the less likely a fat tail event is to happen.

I don't think I've ever heard anyone articulate the last half of the previous paragraph, hopefully some people find it helpful.

Now that's an FX trade ... well done! Macro trades are done all the time as long as people realize that it's a trade that takes time and not some short term flip.



Friday is first day of trading.

Haha thanks. And I've always felt that way. I think websites like baby pips are unfortunately more out there to encourage eager and undereducated investors into A. Trading forex and B. Trading A LOT.

Surely there's ways to make a lot of money scalping, but that's something I personally don't have the ability to do.

I think math, physics, engineering are all good. You don't have to go into finance or economics to go into this field. I'd pick something that challenges you, you can learn finance and econ on the side, they're not too difficult.

Agreed. Definitely no one will question a math major with a finance minor and a couple basic accounting and Econ classes with a couple finance internships. Also any type of experience with programming is an initial advantage.

That or you can just vanilla finance major with accounting minor.

Basically, if you don't go the traditional business route, pick a major that demonstrates you can handle a stressful workload and solve complex problems (engineering, physics, etc. like baller mentioned)

[ApolloBrahh]

In and subbed. Doing finance as well so hopefully i can learn a few things.
Wanna get into stock and stuff but i'm not sure where to begin, i'll look at the threads linked. Just looking to make a little but of money. Was talking to a guy today who invested in HTC before it became big and he's got 20k in his bank account at 19 years old

[Tekkendo]

In and subbed. Doing finance as well so hopefully i can learn a few things.
Wanna get into stock and stuff but i'm not sure where to begin, i'll look at the threads linked. Just looking to make a little but of money. Was talking to a guy today who invested in HTC before it became big and he's got 20k in his bank account at 19 years old

That is how to do it.

[dutchie96]

In on first page

[BlondeRod]

Page oneeeeeee

Thoughts on HYZD? High Yeild Zero Duration
From my understanding they sell puts against treasury junk bonds. The chart is wonky AF though

[thetrebel]

cotdauumm


arem


teach this shortsighted trader the fundamental ways


srs

[SoccerAthlete]

IN on first page

What are people's thoughts on Westjet? Also, who can name a few good Canadian value stocks right now?

[Tekkendo]

Page oneeeeeee

Thoughts on HYZD? High Yeild Zero Duration
From my understanding they sell puts against treasury junk bonds. The chart is wonky AF though

Is there such thing as treasury junk bonds?


inb4 Zimbabwe treasury bonds

[fupduckbad]

Does anyone has any opinion on Yellen's speech ?
Will she choose the "considerable time" formula again ? How high will be volatility during speech and how long would it take after beginning of speech for market to swing the most ?

[cannadian]

In on fird page

[vash1789]

Lets get trading!

[dutchie96]

Page oneeeeeee

Thoughts on HYZD? High Yeild Zero Duration
From my understanding they sell puts against treasury junk bonds. The chart is wonky AF though

risky bullish positions on a risky part of an asset group that´s at an all time high, no thanks jeff.