Where to begin well i was employed by the pari mutuel dept for all the calif race tracks the job consists of taking bets as well as paying your winnings ,anyway i won a bet i made on the pick six i was thrilled i won $209,000 and thats where i got the funds to open the accounts to trade stocks.i first opened my cash account with $5,700 and bought gild because a broker that came to my window alot gave me the stock.latter i opened my second account in both myself and my new wifes names this account i deposited $185,000 margin account and thats when i started day trading thats now been 5 years and i had to close that account a couple weeks ago i lost the money.well remember my cash account i had bought 67 shares of gild at $84.85 a share yep i still own the stock anyway i just deposited $10,ooo and come monday i will buy that amount of shares thats my story the saing just buy and forget applies here and as you can see my stock purchase back in june 2010 has lost money.
First of all you have to ask yourself do you believe the mark west purchase was a sound investment and do you believe that marathons plan of investing aprox 6 billion dollars over the next 3 to 4 years is doable?i personally believe in the plan!
I continue to believe in the management as well as there location and the more i say well this price will be supported the price goes further south.
Earnings are good considering we should now begin moving higher now that earnings did not give the bears more ammunition up from here stay long!
Slim i am sure your right ive traded for 10 years and all was day trading have lost 195 thousand i had 15 thousand that i wanted to put in because being out of the market is terrible if i lose the 15 well so be it,i like the position because i truly believe that oil will continue to stay down as well as the china market is in a bubble i just wanted to understand the position my thanks for your responses.
Well i am surprised that the only response has been that i got lucky,nothing constructive ,all i know is i am approaching 32% gain in my 4th day of trading,grant you i will admit that i got lucky to of bought at this time,but i still would like some information as to what propels this etf?
My reason for buying in the first place is i wanted to short the market and uvxy was up good last week during the sell off so i bought and have done well as you know.
What does the position or better yet the name is short the vix,but even hough the vix is negative the position is positive ?would someone give me some details on what uvxy trades from,i want to add to my position.
Hello boys this has been quite a ride this past couple days ,i believe that the ride will continue while this market stays in bear territory and i only wish i would of invested more ,i bought 200 shares yesterday at $35.87 iam up 19%
The market meltdown has really paid off with this position you might want to look at taking a position if you think like me i do believe were in for a correction bear territory is how i feel.
Jan 5th today $41.35 just happen to be the new 52 week high,so there seems that if we just stay the course who knows for sure about the buyout,but as far as this stock action well everything is good right now!
One more fact to throw out there last q earnings in case you misses them were great to say the least a beat top and bottom.
Buyout offer possible and all we have to do is stay the course,no problem as far as i can see.have a nice day and just show patience.
Volume in mplx is telling me that in fact a bottom has been reached with 2 million shares being traded daily i am buying back a position monday morning i owned a position early last year and have waited to see how everything played out.