make $100,000 per dow point
 

my new financal goal is to make or loose $10,000 per 1 point move in the dow. in other words million dollar days ! :thumbsup


Someone do the match for me so I can know how much I have to invest to make that kind of money. And I will Margin to the hilt.

I am having a very nice day today in the markets :)



DIA 104.25 +1.11 Trade
EEM 72.50 +0.46 Trade
IWM 65.33 +0.75 Trade
IYR 65.69 +0.84 Trade
MIX 9.50 +0.88 Trade
QQQQ 37.50 +0.44 Trade
RCOM 8.01 +0.08 Trade
SPY 120.97 +1.02 Trade
XLU 31.94 +0.32 Trade

Gogogogogogog

Go to the futures. www.interactviebrokers.com start trading the nasdaq minis and sp500 minis. You will love the action. Each point is $50 on the sp500. So you only need 20 contrcts or 100k or so to do $1k a point. They also have dow futures but I never traded them. If you love charts, fibs and resistence, the sp500 is for you.

trade s&p futures.

thats what I'm Talkin Bout! Nice work Lars!
the qqqq is always a good play in either a bull or bear market. I often tap that one!

i had some options on it years ago after the big tech crash and it paid off huge for me.

Million dollar days, that would be amazing!

yeah cept when your on the down day hahahah

I have had a +300K day and a -$300K day the negative day hurt way worse than the positive day let me tell you !


as to options and futures.. I lost my shirt over many many years of options trading. I want to be able to have time on my side. I am more about capital preservation at this point than gambling it all :)

that def would be a rush

I probably couldn't sleep at night knowing that much cash is going up and down radically.
WG

You need a financial advisor..... A real one.

YARGH! It's why you'll never succeed. Never get emotional. Don't think in terms of dollars.

If you are disciplined, and have exit strategies in place, you'll be ahead of the game. Lars you would be better playing options on the S&P. They do have longer term options. Gives more time but are more expensive as well.

YARGH!

Chio...

Umm...

Oh never mind...

Now thats some funny shit.
You finally made me laugh.

yea he trades in seaweed oil and shark fins

Forex, enough said. I made and still make nice coin off of it. open 24/7 instant liquidity and can be left offshore since most of it is traded in europe

YARGH! No idea why you would think that was funny.

Now why would you say that :1orglaugh
"-$300K day the negative day hurt way worse than the positive day let me tell you !"

Lars, do you know any penny stock that'd be good to have? I already own some QBID and CMKX.. but they seem to be dead these days.. not much action

MSFT... so under valued :)

Yeah prolly so, but as a once licenced stock broker and trading stocks for almost 20 years I have a hard time believing anyone can do better. Since less than 10% of the people out there can beat the S&P 500

very nice lars. whats your take on siri and xm right now? still holding off? siri had a run the past few days. You see it dipping back down to around $5 any time soon?

If I ahd to buy oe I would buy XMSR


http://finance.yahoo.com/q/bc?s=SIRI...z=m&q=l&c=xmsr


Its way cheaper than Siri I think they are both overvalued XMSR has more subscribers makes more money and is valued at less Market cap. But I am often wrong on individual stocks thats why I dont play them that often. I think the market oveall is ready to make a nice run up though the last weeks have been very promising !

"Bling Bling. Everytime I come around yo' city Bling bling" - B.G.

Free Stock Advice for AFF - just another + for being a member of their program.

check out ADST, i got in at .89 ,they just made nasdaq compliance and advertising revenue is steadily going up. They have had a nice run so far but there seems to be more upside

A stock with great potential short term: GCCP.OB :thumbsup

I'm in averaging 0.058 since May and haven't sold a single share yet. I've done a lot of research on this one, spoke with the CEO on several occasions and I can tell you this is a no brainer. Anyway always do your own DD before you buy.

Lars, "Contracts for Difference" are what you're looking for.
Very speculative but that seems to be what you want.

Check out this website for instance http://futures.fxstreet.com/Futures/...menu=knowledge

or use google of course.
Peace,

Selio

Interesting

Nice run on that one.....with pennies I really like MSSI, really undervalued IMO, just finished an acquisition. Everyone is basically waiting on revenue projections now, after that gets released it should fly IMO, but then again u never know with pennies :-)

Yes and GCCP hasn't even started yet in my opinion. Most of the shares are held by longs and the float on this one is extremely tight. Once the news hits about profits for the 2nd quarter and it gets decent volume this will see 0.30-0.50+ IMO. I own over 2 million shares and I'm pretty confident this will happen. Anyway enough about this stock :)

Only had a quick glance at MSSI and it looks good, do you know they have any plans getting rid of Cornell ?

Well I would imagine that is going to happen now that they have new financing in place with Textron. This should be on the short list of things that this company needs to address with a series of PR's that should come out in the next few weeks. The Nurses PRN deal gave this stock a surge last week but no #'s have been provided yet as to the revenue projections (nobody really knows the $$ that PRN does), if that PR comes out and the #'s are favorable we should see .08-0.10 quite fast in my opinion.

watched a neighbor that was in day trading make 3.2 million on week, and then lost 8 mill. Lost his house, his wife, his car, and later killed himself.

Ok thanks, I'll look into this further and might take a position

Why not just buy some Class A Berkshire Hathaway (BRKA)? It's a solid investment and often has days where it fluctuates by thousands of dollars.

I love that stock because of the things it did for me awhile back. :)

Its funny that they are too stupid to listen to what you're saying. They must not know your financial background. :)

Now thats interesting Care to explain Chio ???