MarkAus

Finally got back into trading last night. Account is maxed and I'm not effected by the PDT rule *cheer*. Unfortunately they didn't reactivate my Margin ability so couldn't short. Wanted to do so on $ADNC as it died 40c. Watched VLTC but it spiked after I went to bed. Hard to read though so I gave up on it. Signs point to up but was choppy. $CHOP was on my list. Dodgy Chinese company. It also died a bit. $MNOV (bio) last on my list but dropped under $5 so pointless. The market was bearish last night on tons of stocks. This a sign for next week?

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lumbanted
lumbanted Apr 17, 15 10:19 AM

Thanks man. i have no doubt, I'm just not sure when

MarkAus
MarkAus Apr 18, 15 10:39 AM

At least you got a broker before you started. I got mine about 7 months in due to issues. My advice; paper trade for a few months. Focus on study. When you use real money use the minimum amount $. That way only fees can really hurt you. Increase amount as you get better. I'm new so feel free to ignore. Cheers. GL!!!!!

lumbanted
lumbanted Apr 21, 15 10:20 AM

sound advice. I'm not much for logic when it comes to money. Emotions take over. I will paper trade for as long as I can before understanding.

lumbanted
lumbanted Apr 23, 15 6:16 PM

I lasted 3 days. 5 if you count the weekend lol

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Outdoor_fan

@MarkAus Hey mark, in OX when I am using streaming charts and hit "full screen" like you suggested, the original page gets stuck and doesn't navigate to another page. Does yours do this?

Outdoor_fan
Outdoor_fan Apr 17, 15 9:42 AM

Thanks Mark…I cleared my history and cookies, restart and it's a little better but still a little buggy.

MarkAus
MarkAus Apr 17, 15 10:46 AM

Unfortunately I'm not tech support. *cry* Try other stuff I said above. Be sure your harddrive isnt too full (10%free min). Recommend an SSD harddrive.... Update all drivers. OX is a web based platform so your issue may include other websites. Internet too slow? Dust in laptop?

MarkAus
MarkAus Apr 17, 15 10:51 AM

Your trades rock by the way. Seriously cool.

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MarkAus

Lost a little messing around with VLTC last week. Its now close to hitting $10. LOL Had a feeling it would keep going up but this is crazy. People are expecting a crash but I dunno... If the billionaire who bought it plans on doing what they do, business, then it could go way up. Who knows?!?

MarkAus
MarkAus Apr 16, 15 4:31 PM

VLTC seems to be unable to hit new resistance levels. Could be time for that crashs peeps are talking about? Think I'll play it safe and watch.

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MarkAus

Big sale on Profit.ly going at the moment. I tend to ignore them as my money is tight as hell however maybe there is something there you would like? I wouldn't pay full price. I find its never worth it. http://profit.ly/sales/sykes34?aff=12 I'm still watching the "How to Make Millions DVD". Opinions are mixed but has good stuff in it for sure. Got it pre-sale. Still a bit to go.

mavrick41
mavrick41 Apr 14, 15 7:39 PM

my email brettchun@yahoo.com I like to talk about some things not here

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MarkAus

Currently Reading: Reminiscences of a Stock Operator by Edwin Lefevre....... I'm hooked. @TheLincolnList mentioned this one and it's a fun read. Edwin was great at his stocks but lost it all many times over trying to play with the big boys yet persisted, learned and I'm guessing makes it big. Good read so far.

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MarkAus

Time for some fun: Can't trade this week so I made a WATCHLIST... UNXL - This sucker has been going up on no news and bad news. Sat reports are very bad news yet its at a new high. Scary stock. 2Y chart shows a slow death. I think it will die but when? I'm curious. VIMC – Can't break support (3 times over 3 days) and is fading. My money is on shorting....VLTC - I think this money maker has one more spike to go but its scares me. It keeps exploding!

Received 2 Karmas
MarkAus
MarkAus Apr 13, 15 4:34 PM

I like checking my watchlists in the morn... UNXL - The "No News" wonder. I'm guessing a pump but I have no emails on it yet it spiked twice to new high. Ha! VIMC - This is my fav. Spiked in the morn but then died. Doubt I would have shorted.... VLTC - "The Monster". It's still scary. Jumped twice at start and end of day. You're mad to short it.... Glad I went to bed. Wouldn't have stayed up long enough to trade VIMC anyway. FUN!!

ninjan
ninjan Apr 18, 15 7:29 PM

Haha VLTC totally ran leagues more than I ever thought it would. I am so impressed by Tim Grittani and Nate from making BANK off it. Also Modern Rock. I hadn't even noticed UNXL and VIMC.

MarkAus
MarkAus Apr 18, 15 8:42 PM

Although I read Tims Watchlist I also make my own. Still learning and have found good plays but with all the broker annoyances I have I'm yet to turn my stats positive. Gah! Currently studying up on DVD's but next step is to get a Scanner to find charts. I'll post more once I have something.

ninjan
ninjan Apr 19, 15 4:36 AM

Have you tried using finviz or Equityfeed? Finviz lets you search charts.

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MarkAus

WOOO!! Another week of trading!! Except for me. I need to add more cash to my broker because I'm dumb. Despite that my long Easter break is now over and its back to work 9 to 5. My goal was to get some experience with my broker (and study more), that has been completed and cost me nearly $200 in silliness. Now I need to concentrate and try to get my account into the green. Fun times ahead.

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MarkAus

"OptionsXpress is headquartered in Chicago, Illinois". --- I was advised last year by OX support that their rules were different to the US laws and were based off Australian laws. Turns out this is incorrect and WIKI confirms it. My account has been "downgraded", to put it loosely, due to breaching the PDT rules. I wasn't aware I was effected by it. So, be aware, if you use OX you need $25k + in your account so you're not effected by the PDT rule. I'll be adding funds Monday so I can get back to some hands on learning. Call them to confirm if unsure.

MarkAus
MarkAus Apr 12, 15 4:38 PM

Just had a read of this strat @sentinelgroup.com.au. It's very interesting. My friend at work knows tons on Options. Ill ask him about it. Looks like if you buy a big chunk of shares cheap you could go to town on it.

mavrick41
1
mavrick41 Apr 12, 15 7:24 PM

I dont have any links I didnt learn it from the net I did many courses and years of pratice and trial and error covered calls are fairly simple and low management with about 3-5% returns per month not the big so called returns on trading but that is if u can get em at least this way u hold a big blue chip shares and if u got 50k theres a wage of 1500 -2500 a month more than enough for thailand

MarkAus
MarkAus Apr 13, 15 6:03 AM

Cheers Mav. I was just after some definitions to understand it better. Investopedia had good explanations. It's a good plan and something i'll look into as well later thanks to you. I'm not greedy, just want to stop the "9 to 5 career" thang.

mavrick41
1
mavrick41 Apr 13, 15 6:17 AM

thats the way same as me i aint into materlistic crap i just want income for freedom and travel,also if you go to asx.com.au they have some examples least you can learn for free i paid thousands to learn what i know,bhp and ncm pay some of the best call premium and ncm is going really good now and will be a great long termer for me

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