Official Short-term Investments Thread

[riander5]

Originally posted by Vanish3d
I need some advice here.
my portfolio is -50% again.

It was -50% a month ago and I was able to bring it back to only -20% now back to -50%

what's the best play to bring it back?? I tried so many diff strategies and nothing seems to work. I alwasy get stuck on the wrong plays

I already told you if you are day trading why are you playing JNUG and holding overnight when you have no control of 16 hours out of a 24 hour period? Seems silly to me.

Unless you are entering and exiting day trades during the 8hr period you are leaving yourself open to excess risk.

That being said, if making money trading was easy, everyone would do it

[Vanish3d]

Originally posted by riander5


I already told you if you are day trading why are you playing JNUG and holding overnight when you have no control of 16 hours out of a 24 hour period? Seems silly to me.

Unless you are entering and exiting day trades during the 8hr period you are leaving yourself open to excess risk.

That being said, if making money trading was easy, everyone would do it

I almost never hold overnight. If i do it's a small amount. I just get the wrong side the next day.

[riander5]

Well then I dont know what to tell ya haha.

Everyone here trying to catch the falling knife with gold. We all did it with oil too, im breakeven finally!!! Lets get to 80 its all profits from here!

[bball2]

Originally posted by riander5

Unless you are entering and exiting day trades during the 8hr period you are leaving yourself open to excess risk.

Amen to that, that was a costly lesson to learn when I started

Personally if you want to hold leveraged positions overnight, do it with options instead of leveraged index funds. You have more control over timing, risk, leverage, etc. You lose money with time but not with volatility.

[Magic-8-Ball]

Originally posted by Vanish3d
I dumped my JDST and into JNUG. Looks like it might recover somewhat - deadcat bounce at least

+

Well done on that play! I was about to do the same...just never can convince myself in time!

[Vanish3d]

^ thanks. Just switched back...
still nowhere near recovered my losses

[Kloubek]

Check out DRYS today. I almost got in when it was +18%.

Coulda shoulda.

EDIT: Fuck me. DCIX is another one I almost put my money into. Up 88% at the time I write this.

God I suck ass at this investing game.

[riander5]

Originally posted by Kloubek
Check out DRYS today. I almost got in when it was +18%.

Coulda shoulda.

EDIT: Fuck me. DCIX is another one I almost put my money into. Up 88% at the time I write this.

God I suck ass at this investing game.

You just looking at market movers and hopping aboard the train?

[Kloubek]

Originally posted by riander5


You just looking at market movers and hopping aboard the train?

Actually, I had both in my watchlist for some time and had no idea today would happen.

But no, not hopping on any train, apparently.

[Vanish3d]

I think we're gonna see another down day for gold. Hard crashes have been 3 days in the past. I'm working that theory and into JDST at 49.5

[Disoblige]

Yeah... Dollar is crazy strong and I really think a strong catalyst is needed to cause it to drop. Need Trump to fall back on his promises or feds to react dovish to news, etc. The rate hike was priced in, but not that statement on 3 hikes next year. Not sure why Yellen even said that when she knows there is a lot of uncertainty ahead and she is typically "data driven".

[Vanish3d]

Are you guys watching this crazy swing??
I got stopped out of JDST for a small small profit... after being up 10%

[SilverRex]

FCX is finally moving down to my buy zone. anything between 12.50-13.50 would be excellent entry imo.

if it can get to 13.50 or lower, i will be interesting in picking up a position. follow by one more if it can close the gap near 12.00

as for gold. i think next week is the key week. if this is the bottom we are waiting for, then i think one final low next week will do it. of course, we saw a nice bounce in gold, if it can form a swing low by breaking above 1145, then perhaps we may have a shot at calling this past week the bottom.

i have two jnug position averaging around 5s. i may add one more if gdx hits near 18.00

technically wise, biotech is due for a wave 3 pop. my stake in this isnt very much. but i still believe biotech has a date at least breaking the November high.

[ickyflex]

Originally posted by Disoblige
Yeah... Dollar is crazy strong and I really think a strong catalyst is needed to cause it to drop. Need Trump to fall back on his promises or feds to react dovish to news, etc. The rate hike was priced in, but not that statement on 3 hikes next year. Not sure why Yellen even said that when she knows there is a lot of uncertainty ahead and she is typically "data driven".

Same time last year she said 4 in 16.

Woukdnt be too worried lol

[Vanish3d]

wft

GDXJ is down to mid 28 but JNUG is slightly up??

[SilverRex]

picked up a starting position in fcx in the 13.38. if there is one move dive towards 12.50 will add another one.

cooper may bottom today resulting in fcx bottoming at the same time.

[Disoblige]

Sad times for gold.

[Magic-8-Ball]

Originally posted by SilverRex
FCX is finally moving down to my buy zone. anything between 12.50-13.50 would be excellent entry imo.

if it can get to 13.50 or lower, i will be interesting in picking up a position. follow by one more if it can close the gap near 12.00

as for gold. i think next week is the key week. if this is the bottom we are waiting for, then i think one final low next week will do it. of course, we saw a nice bounce in gold, if it can form a swing low by breaking above 1145, then perhaps we may have a shot at calling this past week the bottom.

i have two jnug position averaging around 5s. i may add one more if gdx hits near 18.00

technically wise, biotech is due for a wave 3 pop. my stake in this isnt very much. but i still believe biotech has a date at least breaking the November high.

Concerning Botech...sure seems like the sector (IBB) is stuck at this 50% re-tracement level. Would be nice to see it gain some traction this week...Definitely should have been flipping this during the day a few times now...hehe I don't want miss that potential wave 3!

[Disoblige]

More pain for gold, and higher DXY. Thanks to Japan.

[secol]

what a red day for the green guys.....got in on CGC/APH and thought i had a decent position