I'm getting better at trading

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  • MrMaxwell
    Too lazy to set a custom title
    • Jul 2005
    • 10057
    #1

    I'm getting better at trading

    4/3/2013 4/8/2013 ZNGA SOLD 88 ZNGA @ $ 3.57 $307.15

    4/3/2013 4/8/2013 ZNGA BOUGHT 88 ZNGA @ $ 3.43 $308.84


    Look it at me, I knew that when it couldn't break three sixties (prior resistance levels) I should get out

    And then BLAM I turned out to be right

    Definitely one to watch, I think, in case they do something big with the real money stuff.. Bit I was hoping for a big reaction to recent news so I bought it premarket. Then I managed to get out at a really good price right before the eod.

    I love their words with friends game. Interesting company.
    I lost a little on this trade but I'm getting better, I think
    Tags: None
    • 2013
      So Fucking Banned
      • Dec 2012
      • 4390
      #2
      congrats see ya tomorrow

        Comment

        • L-Pink
          working on my tan
          • Mar 2005
          • 39151
          #3
          Would you manage my account for me?

            Comment

            • NiXXiN
              Confirmed User
              • Apr 2012
              • 470
              #4
              nice, i made more of a profit when i registered the name "draw something" when they had "draw something by omg pop" on the appstore.

              i made more that day than the last 2 years working.

              **insert something about bitcoins here**
              Last edited by NiXXiN; 04-04-2013, 07:41 PM.
              _______________________________________________
              Onliance
              Resident Ginger | RBC Member | AppDev.
              Irc.Rizon.net #GFY

                Comment

                • MrMaxwell
                  Too lazy to set a custom title
                  • Jul 2005
                  • 10057
                  #5
                  Originally posted by L-Pink
                  Would you manage my account for me?
                  Sure, of course.
                  Send over whatever you have that's liquid and some bitches
                  To be on the safe side, since I want to be at my best when managing your money, you'd better send some adderall and be sure that the bitches have nice nipples and that they're good swallowers.

                    Comment

                    • MrMaxwell
                      Too lazy to set a custom title
                      • Jul 2005
                      • 10057
                      #6
                      Originally posted by NiXXiN
                      nice, i made more of a profit when i registered the name "draw something" when they had "draw something by omg pop" on the appstore.

                      i made more that day than the last 2 years working.

                      **insert something about bitcoins here**
                      I use to make so much on internet gaming. Good old iglobal media. God bless them and planetluck and starluck. And altavista.

                        Comment

                        • dappz-datton
                          Confirmed User
                          • Nov 2012
                          • 223
                          #7
                          wow congrats to you.....

                            Comment

                            • kane
                              Too lazy to set a custom title
                              • Aug 2001
                              • 20684
                              #8
                              Am I reading that wrong? It looks like you lost money on this deal.

                                Comment

                                • Paul_Matthews
                                  Registered User
                                  • Feb 2012
                                  • 79
                                  #9
                                  You might have lost a bit, but next time you see things sliding down fast and you're sure it's dropping further...why don't you hedge your position by shorting the same stock, but leveraging it at a higher gear than your long position.
                                  VivaStreet UK Escort classifieds

                                    Comment

                                    • MrMaxwell
                                      Too lazy to set a custom title
                                      • Jul 2005
                                      • 10057
                                      #10
                                      Originally posted by Paul_Matthews
                                      You might have lost a bit, but next time you see things sliding down fast and you're sure it's dropping further...why don't you hedge your position by shorting the same stock, but leveraging it at a higher gear than your long position.
                                      I can't afford to short right now and that really would not make sense
                                      Maybe buy some puts, I guess, but I don't understand options too well yet

                                        Comment

                                        • MrMaxwell
                                          Too lazy to set a custom title
                                          • Jul 2005
                                          • 10057
                                          #11
                                          Originally posted by kane
                                          Am I reading that wrong? It looks like you lost money on this deal.
                                          Yes, I lost $1 or so, but - I knew when to get out. That's a step in the right direction, see
                                          PS: I actually made money on the trade itself, but commissions took what little profit there was

                                            Comment

                                            • PR_Glen
                                              Confirmed User
                                              • Oct 2006
                                              • 9058
                                              #12
                                              Originally posted by MrMaxwell
                                              Yes, I lost $1 or so, but - I knew when to get out. That's a step in the right direction, see
                                              PS: I actually made money on the trade itself, but commissions took what little profit there was
                                              you broke even (minus commissions) on a soaring market? You would have been better off with mutual funds..
                                              webmaster at pimproll dot com

                                                Comment

                                                • MrMaxwell
                                                  Too lazy to set a custom title
                                                  • Jul 2005
                                                  • 10057
                                                  #13
                                                  Originally posted by PR_Glen
                                                  you broke even (minus commissions) on a soaring market? You would have been better off with mutual funds..
                                                  I was a dollar two short of breaking even on a $300 trade AFTER commissions. That's not horrible. I was just pleased that I figured out what price it needed to break in order to take off and that I got out when it couldn't do it.

                                                    Comment

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