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

[TradingDreams]

Up 85 points on the mini dow today. Feeling pretty good guys.

[woodbarry]

Yeah it can only go up or down from here

Lmao and again like I've said for gold no one is investing in the oil or gold just companies extracting.

[claricSTi]

this has happened before, its a system that corrects itself, up is the only way to go, question is how long

Yup, I work in the ONG industry so we have seen this happen before. Like you said, we just never know how long, and hope that it doesn't take out too many jobs during the downtime. It has been pretty brutal out there to be honest. But grabbing some UWTI when it was cheap and then getting rid of it did me well.

[wil817]

Got back into NUGT yesterday and USLV today. Was early on NUGT, but caught USLV with a 12.50 limit. I plan to hold USLV until sometime after Silver shows a clear breakout. Hope to sell NUGT around 80ish and buy back in on a pullback.

[highmarketrider]

iv been extremely lucky, have not taken any losses this year, CRK my main cash machine, 90% portfolio performance last year, 60% total performance this year in my etrade. Have not made any sells in my robinhood account yet but no unrealized losses so far. Iv decided i may buy some more gold pamp suisse 1 ounce bars, because recession fears are still there.

[highmarketrider]

Yup, I work in the ONG industry so we have seen this happen before. Like you said, we just never know how long, and hope that it doesn't take out too many jobs during the downtime. It has been pretty brutal out there to be honest. But grabbing some UWTI when it was cheap and then getting rid of it did me well.

i actually have not played UWTI at all the only only triple leveraged etns i have played are USLV JNUG and JDST. I actually bought my physical gold at around $1100 and ounce so i actually have a profit on those, my silver i payed a premium but i dont plan on selling anytime soon

[highmarketrider]

anyone considering DWTI incase crude drops tomorrow and friday? 1 or 2 day hold only, tough call this rally looks strong but may have hit resistance

[thetrebel]

Yolo didn't pay off

Currently writing my will


Thanks for reading

[White-Belt]

Yolo didn't pay off

Currently writing my will


Thanks for reading

How bad was it? Trading was spectacular earlier this year and then went bad mid febuary lolz

Investing is so much more stress free getting fed up checking my p/l

[claricSTi]

i actually have not played UWTI at all the only only triple leveraged etns i have played are USLV JNUG and JDST. I actually bought my physical gold at around $1100 and ounce so i actually have a profit on those, my silver i payed a premium but i dont plan on selling anytime soon

I'm doing the same with silver. Been buying gold eagles pretty frequently. It's always nice just to feel like you have a stash of pirate booty.

[ceizer1985]

Simply supply and demand says that the price has to keep dropping. You can't supply a growing glut and expect prices to stabilize and/or go up. If oil continues to be pumped at the current rate or greater, then oil has to fall further. OPEC only holds power over the market up to a certain price, and ONLY if the group works together. That isn't happening and nobody wants to turn their supply levels down. SA is finally getting to the point where they are shaking the little weaker players out through debt service bleeding. This phase separates the men from the boys.

What makes you think supply will remain consistent at these prices? Have you seen the rig count in the US over the past few months? The agreement between oil producers to keep supply the same?

You're right, this phase does separate the men from the boys.

[highmarketrider]

did not dwti too risky

[highmarketrider]

What makes you think supply will remain consistent at these prices? Have you seen the rig count in the US over the past few months? The agreement between oil producers to keep supply the same?

You're right, this phase does separate the men from the boys.

rig count can only drop for so long

[highmarketrider]

I'm doing the same with silver. Been buying gold eagles pretty frequently. It's always nice just to feel like you have a stash of pirate booty.

eagles are nice but pamp suisee bars das it man

[ceizer1985]

rig count can only drop for so long

You're right, until most of them go bankrupt.

http://www.cnbc.com/2016/01/11/half-...ers-gheit.html

I'm long on oil for one reason and one reason alone. It is summarized below again:

""Half of the current producers have no legitimate right to be in a business where the price forecast even in a recovery is going to be between, say, $50, $60. They need $70 oil to survive," he told CNBC's "Power Lunch.""

[White-Belt]

You're right, until most of them go bankrupt.

http://www.cnbc.com/2016/01/11/half-...ers-gheit.html

I'm long on oil for one reason and one reason alone. It is summarized below again:

""Half of the current producers have no legitimate right to be in a business where the price forecast even in a recovery is going to be between, say, $50, $60. They need $70 oil to survive," he told CNBC's "Power Lunch.""

What instrument are you long?

[sword_]

Healthcare stocks..aaand go!

[leoaa777]

AAPL?

Yay , nay? Sit?

[PaulG]

Why is there a 50:1 limit to leverage in US forex?

[highmarketrider]

You're right, until most of them go bankrupt.

http://www.cnbc.com/2016/01/11/half-...ers-gheit.html

I'm long on oil for one reason and one reason alone. It is summarized below again:

""Half of the current producers have no legitimate right to be in a business where the price forecast even in a recovery is going to be between, say, $50, $60. They need $70 oil to survive," he told CNBC's "Power Lunch.""

many will go bankrupt many will not, look at how well REN cleared a majority of their debt and cut costs, hedged oil contracts into 2017, cuts cost and break even. etc Most do not actually need $70 to survive

[highmarketrider]

What instrument are you long?

x2?

[Barn01]

Yolo didn't pay off

Currently writing my will


Thanks for reading

Sorry to hear bro ... do share the trade and risk % of port

Told I didn't have the balls

What makes you think supply will remain consistent at these prices? Have you seen the rig count in the US over the past few months? The agreement between oil producers to keep supply the same?

You're right, this phase does separate the men from the boys.

I don't know if world supply will be consistent. However like anything ... it will until it won't. I have looked at rig count and I really don't put much into rig count anymore. Most of the shut downs are easily and cheaply brought back online when the price reflects profitability. As for the companies that have a >$50 bl price, even if and when they default on their debts, those assets will still be in places to turn on the pumps again at a later date. It will be owned by a different company that may or may not sell the assets but no matter the ownership the assets will likely still be operational at minimal cost. That's the elephant in the room that SA seems to forget about. All they are doing right now is giving away their oil and the only immediate benefit I can see from it, is that it's killing ISIS. They are getting almost nothing per bl and only able to sell locally. That alone might be worth it to SA.

[thetrebel]

Why is there a 50:1 limit to leverage in US forex?

Because freedom and democracy ****ghot


Real talk it's only a matter of time before fx is forced to be regulated like other markets. The avg retail brah won't be able to trade fx like we do now in a few years.

[thetrebel]

Sorry to hear bro ... do share the trade and risk % of port

Told I didn't have the balls

Down 7% this year as of now

Feels bad mane

Time to lay down and rot

Mutual funds here I come, like white said this **** is stressful



Still holding it though, feel like it's still a good play based off the r/r ratio. But I have a mental stop

[thetrebel]

Just got a call from a friend has 4k he wants me to invest for him

We poverty hedge fund now


Inb4 I take it all and go buy deep otm options

[ctownballer04]

Just got a call from a friend has 4k he wants me to invest for him

We poverty hedge fund now


Inb4 I take it all and go buy deep otm options

You tell him 3/30 rates?

[PaulG]

Because freedom and democracy ****ghot


Real talk it's only a matter of time before fx is forced to be regulated like other markets. The avg retail brah won't be able to trade fx like we do now in a few years.

Probably.

In learning about this stuff. Why trade under the CFTC then? Why not use brokerages under the SEC/FINRA who don't have that limit?

[Barn01]

Down 7% this year as of now

Feels bad mane

Time to lay down and rot

Mutual funds here I come, like white said this **** is stressful



Still holding it though, feel like it's still a good play based off the r/r ratio. But I have a mental stop

Hey you see my performance in my sig ... I'm with ya so far this year.

Just got a call from a friend has 4k he wants me to invest for him

We poverty hedge fund now


Inb4 I take it all and go buy deep otm options

I refuse to take anyone's money and invest it. I don't want tears on my hands unless they are my own. I'm happy to offer up suggestions to buy/sell but no way I'm pressing the button. Unless I'm protected as a registered investment adviser and the investment is registered with the SEC.

[thetrebel]

Probably.

In learning about this stuff. Why trade under the CFTC then? Why not use brokerages under the SEC/FINRA who don't have that limit?

As per the Commodity Futures Commission (CFTC) rule set on 10-Oct-2010, the maximum leverage available to US residents is 50:1.

The Dodd Frank Act prohibits US clients from trading Forex with a counter party that is not regulated in the US.


Only info I could find

Bottom line is you won't find more than 50:1 in the usa

Freedom baby

[highmarketrider]

Just got a call from a friend has 4k he wants me to invest for him

We poverty hedge fund now


Inb4 I take it all and go buy deep otm options

invest someone elses money when you cant even make money with your own? lol