Justbizness45's Account

[justbizness45]

Sold C position @ 2.95. Purchased 3/16 @ 1.95. First profit trade!!

[JTH]

Sold C position @ 2.95. Purchased 3/16 @ 1.95. First profit trade!!

Congrats! Ch Ching, that there is a nice profit

[justbizness45]

Thanks JTH. I put the limit order in a few days ago and didn't expect it to run up so fast. It might have been smarter to put in a trailing stop but that probably would have triggered in the voltility. Made out ok but might have been able to do better. I'm still learning the ropes and glad I finally made a profit. Still holding SLV waiting for commodities to ramp up.

[etftalk]

Sold C position @ 2.95. Purchased 3/16 @ 1.95. First profit trade!!

You and Rod were all over that one. I was too chicken to play. Good for you!

[XL-entLady]

Sold C position @ 2.95. Purchased 3/16 @ 1.95. First profit trade!!

I put the limit order in a few days ago and didn't expect it to run up so fast. It might have been smarter to put in a trailing stop but that probably would have triggered in the voltility. Made out ok but might have been able to do better. I'm still learning the ropes and glad I finally made a profit.

Very nice job, my friend! I was being too much of a chicklet to buy C when you and Rod jumped in. You guys get a gold star!

I'm just in the beginning stages of learning whether to choose a limit order or a trailing stop for my safety net. But one thing that FAZ taught me is that on large positions I have to have a net of some kind because that ground is d***n hard! Paid some tuition to ETF University for that lesson!

Lady

[justbizness45]

Very nice job, my friend! I was being too much of a chicklet to buy C when you and Rod jumped in. You guys get a gold star!

I'm just in the beginning stages of learning whether to choose a limit order or a trailing stop for my safety net. But one thing that FAZ taught me is that on large positions I have to have a net of some kind because that ground is d***n hard! Paid some tuition to ETF University for that lesson!

Lady

Rod gets a double gold star, got in earlier than me.

I lost 40% on my first trade with ICO. ETFU is almost as expensive a my daughter's college.

[justbizness45]

Lady, I like the look of CVY right now. Thanks for sharing. I put in a limit order for it at 11.00. We will see if it fills.

[XL-entLady]

Lady, I like the look of CVY right now. Thanks for sharing. I put in a limit order for it at 11.00. We will see if it fills.

Good luck with it, my friend.

Lady

[justbizness45]

Good luck with it, my friend.

Lady

CVY trade didn't happen. My C trade hadn't closed so the new trade was rejected. Good news is I found what I am supposed to look at "Buying Power" amount not my account value. Maybe for the best, CVY went down on Friday.

[justbizness45]

Since I am still going long right now, or trying to and I already am in SLV. I was thinking of getting into some oil. A lot of you track and trade USO, does anyone follow UOY? It was up 2.9% on Friday vice 1.32% for USO. It is a smaller fund but the price is 1/10th of USO.