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Thread: Corepuncher's Account

  1. #1

    Join Date
    Dec 2007
    Posts
    906

    Default Corepuncher's Account

    Good luck Corepuncher!
    -- Tom | My Trades


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  3. #2

    Join Date
    Feb 2009
    Posts
    654

    Default Re: Corepuncher's Account

    Welcome, CP! This neighborhood just keeps getting better and better!

    Lady
    If you think education is expensive, try ignorance. - Derek Bok

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  5. #3

    Join Date
    Feb 2009
    Posts
    415

    Default Re: Corepuncher's Account

    Good to see you've arrived, now kick some azz...
    Candlestick crack addict...

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  7. #4

    Join Date
    Jan 2009
    Posts
    215

    Default Re: Corepuncher's Account

    Welcome CP
    Bring on the good trades

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  9. #5

    Join Date
    Mar 2009
    Posts
    24

    Default Re: Corepuncher's Account

    Hey all! I just got my thinkorswim account opened. Am only starting with the minimal amount, but, will have some TSP funds diverted into a ROTH soon as well.

    I made my first ever trade today, bought GLD at 91.20. I did a OCO Bracket. I have a sell stop order at 97.99 and a stop out sell order at 87.47. I call it the "animal trap." I'm going to rip loose pretty soon and analyze a bunch of charts, then, set a bunch more "traps" and hopefully I'll catch something.

    I randomly started with GLD. We are basically in an uptrend...I saw we bounced off lows today, and decided to buy. If we can break above 93, I think we'll get that 98-100 or 1000 dollar gold. Gold has two things going for it...fear trade and inflation. If we break that 87.47 low from 3/10, I'm out, and the trade will likely break down.

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  11. #6

    Join Date
    Mar 2009
    Posts
    50

    Default Re: Corepuncher's Account

    Hey CP!

    Don't forget to recruit steveg and the rest of your gang too.

  12.  
  13. #7

    Join Date
    Dec 2007
    Posts
    906

    Default Re: Corepuncher's Account

    Quote Originally Posted by Corepuncher View Post
    I randomly started with GLD. We are basically in an uptrend...I saw we bounced off lows today, and decided to buy. If we can break above 93, I think we'll get that 98-100 or 1000 dollar gold. Gold has two things going for it...fear trade and inflation. If we break that 87.47 low from 3/10, I'm out, and the trade will likely break down.
    I totally agree on the gold trade. A few of us here have been doing the silver thing as well.
    -- Tom | My Trades

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  15. #8

    Join Date
    Mar 2009
    Posts
    24

    Default Re: Corepuncher's Account

    Wondering when to buy FAZ. Currently 36.59. All time low 32.57.

  16.  
  17. #9

    Join Date
    Feb 2009
    Posts
    415

    Default Re: Corepuncher's Account

    Quote Originally Posted by Corepuncher View Post
    Wondering when to buy FAZ. Currently 36.59. All time low 32.57.
    It's sort of tough to track an ETF without a substancial history to base the lows on.
    Candlestick crack addict...


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  19. #10

    Join Date
    Mar 2009
    Posts
    24

    Default Re: Corepuncher's Account

    I think I might buy FAZ once the S&P reached 780-800. In fact, probably buy some SDS there as well. I don't like how the NASDAQ is down...all of a sudden, the "leader" is not.

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