This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
I have TD Ameritrade and they charge 7.00 or 6.95 or whatever for OTC trades. My guess is most similar brokerages will be the same or less.
NP and the host are unpolished. You can do something about the host. As a recent investor I lack history with the company but on the surface it appears NP has been instrumental to bringing the company to where it is now. So I guess we take the bad with the good.
Thanks to you and McBokonon.
Schwab charges me when I sell CYDY but its pretty minimal. Sold around 7K shares a bit ago and they charged me .46. I haven't bothered to look up their exact formula because it doesn't really matter at that rate
I use fidelity and have a Roth IRA in my account that I have used for CYDY. They haven't charged me on my CYDY purchases. I haven't sold any so I don't know if there is a transaction fee there.
Doesn’t look like it.
Same here. No fees is so easy to make $ on small bets. Back in the old days, you would buy and the stock would go up where you were like $10 up and if you sold, you lost $ because your fees were $8 to buy and $8 to sell. Then because you were waiting for it to go high enough for a win, it would sell off. Now you buy a momentum stock, instantly are up and put your stop loss order in to protect your win.
The deflationary spiral causes real interest rates to surge which throws the entire system into chaos. The only way to combat the impact of the deflation is to keep lowering the rate, zero be damned.sporthenry said:
I give my money to my wife in exchange for staying married...does that count?On a related note, anyone else trading currencies?
It was free in my ROTH IRA at Vanguard.Moonlight said:
Mine decided over a decade ago to invest daily in Target, one product at a time. The rate of return so far is atrocious.
That would be a mumbling voicemail...Don Hutson said:
.
Should mean a nice, Green Day.
Just under 3mm, about 10% over the 2.7mm forecasted.
While I haven’t sold off my stocks, I do have a large chest o’cash waiting to be deployed. I’ve get plenty of time to wait for a rebound but I’m still a little miffed at not investing more at the middle of March when I was worried about it getting worse. Not sure we’ll see those levels but I’m not averse to some more bargain hunting.
Unfortunately not.cosjobs said:
tl/dr = Stonks Go Up.Sorry if this is cluttering the board ... but some seemed interested...
Selling NERV Puts / Lowering Risk / Covering Short Sale
Typically I sell Puts and let them expire to maximize profit ...
but don't feel like just because you sold 20 $5 NERV puts that you are LOCKED IN until expiration 5 weeks from now.
You always have the option of covering your short sale anytime before expiration.
As the value of the Put goes up or down, you could either cover for a gain or cover at a loss depending on how the Put as changed.
Typically as the stock price goes UP ... the Put value that you shorted goes down.
and the closer you get to strike date ... the put price goes down
Both of the above allow you to cover and still make a profit (typically). Albeit a much smaller profit than waiting for expiration.
If the stock price should fall, that's when the Put may increase in value ... and since you are short, will cost you $$$ to cover before expiration.
Why cover your short sale?
You might do this to free up that margin $$ and go after a stock that caught your eye and you "just have to have it" (CYDY??)
You might do this to limit losses in the event the stock hit strike and you feel it will continue to fall. Take your lumps early.
As another poster said, this isn't a "set it and forget it" play. You want to keep an eye on the stock price and make sure there's no trouble looming.
But pretty easy exit is available if need be.
Sorry to quote myself, but.......just wondering the play for this one. Thanksghostguy123 said:
![[icon]](/data/avatars/m/5/5167.jpg?1660313464){kind=avatar}
Not @Todem but from what I understand of his approach.... he's stated many times he's not a day trader. He seems BLMN as a value at this price so he bought. It could go up to the desired exit point this week... next month... next year.
lol ... this was me a while back.beef said:
Not telling you anything you don't already know, but I don't think it's about liquidity, it's more that it's very difficult to make money in this environment, and this environment doesn't seem likely to change to a more conducive one for them anytime soon.Slapdash said:
Spot on, that is absolutely me. I'm out. Close my entire TVIX position at 225. Do not care one bit if I sold a day too early or a week too early. I need a day to relax, a good night sleep and be ready to get some outside projects done this weekend.
A lot of people were saying similar things in 2008. BAC was a 4x for me. WFC did the same. Now it took a decade to do that, but I have no doubts we're looking at 2x in the next 10 years and likely 3x from these levels with zero risk of them failing.
The only thing I’ve ignored in this whole time is distressed stocks that I wouldn’t normally buy. I’m sure if you have time to watch the market all day you can have a nice run but I don’t really feel good about airlines or travel related stocks. Heck even restaurants are a bit dicey. I’ve learned to make quite a bit more food at home. Pre-CV, with sports and school, it seemed like we went out way more and damn if I’m not enjoying making more food at home and saving a ton of cash. I made filets from Costco for Mother’s Day with twice baked potatoes (also Costco) and it was probably the best steaks I’ve cooked at home. Not saying I was bad before but these were excellent. A normal Mother’s Day with 3 teenage boys and filets would cost me $250 or so instead of maybe $40. My wife, who couldn’t save a penny if we put it in a safe she didn’t know the combo to, has saved enough in two months to pay for our beach week this summer which ain’t cheap (4 families in a gorgeous beach front house in Hilton Head). Luckily, I max out her 401k and also pilfer about 25% of her take home since I pay all the real bills. She does very well, but I pretty much assume what she gets in her account is gone and this is about 50% of her two months of pay that she saved.
