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MrMaxwell 04-04-2013 06:47 PM

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

2013 04-04-2013 06:48 PM

congrats see ya tomorrow

L-Pink 04-04-2013 07:55 PM

Would you manage my account for me?

NiXXiN 04-04-2013 08:27 PM

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**

MrMaxwell 04-04-2013 09:16 PM

Quote:

Originally Posted by L-Pink (Post 19563597)
Would you manage my account for me?

Sure, of course.
Send over whatever you have that's liquid and some bitches :1orglaugh
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.

MrMaxwell 04-04-2013 09:16 PM

Quote:

Originally Posted by NiXXiN (Post 19563617)
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.

dappz-datton 04-05-2013 12:26 AM

wow congrats to you.....

kane 04-05-2013 02:42 AM

Am I reading that wrong? It looks like you lost money on this deal.

Paul_Matthews 04-05-2013 05:35 AM

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.

MrMaxwell 04-05-2013 05:37 AM

Quote:

Originally Posted by Paul_Matthews (Post 19563960)
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

MrMaxwell 04-05-2013 05:38 AM

Quote:

Originally Posted by kane (Post 19563857)
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

PR_Glen 04-05-2013 05:56 AM

Quote:

Originally Posted by MrMaxwell (Post 19563967)
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..

MrMaxwell 04-05-2013 05:59 AM

Quote:

Originally Posted by PR_Glen (Post 19563983)
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.


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