/biz/ - Business & Finance

>>149438
Yes, glad you made it anon.

Thinking about hoping on the VPCO train. Also for those trading DGAZ and UGAZ or anything related to Nat Gas, 10:30am is an important time for you.

http://ir.eia.gov/ngs/ngs.html

Shorting ITMN since opening bell yesterday. Made 18k so far.

Glad my gamble on JCP paid off.
Now the question is are the shorts going to panic and make it rise more or are people going to sell off while they it is actually up.

lithium mining stocks went up yesterday because of Tesla's factory announcement.

Buy now or still too early?

I made 2.61% over the last week, I doing good?

How much does this sim reflect actual trading?

Ask someone who just invested $6,000 into a bio pharmaceutical company in options anything

>>149487
Was it PRAN?

Well, that worked out.

>>149493

MNKD

>>149503

I'm gunnin' for that spot

lol soy algos

Why has TSLA stopped rising?

>>149503
Love gamma

>>149530
Seen people say they are suspicious about the upgrade by Morgan Stanley, only to then start a secondary offering the next day that is underwritten by them.

>>149545
Or it could just be massive gains in such a short time.. We are up like 30% or so since last week right?

>>149554
Maybe, but also was this.
http://www.marketwatch.com/story/merrill-lynch-reaffirms-65-price-target-on-tesla-2014-02-27
Not quite the $320 offered the other day is it?

>>149568
Open those shorts?

>>149545
Baidu "down" 8% because of morgan equalweight downgrade. Criminals!

>>149584
Is slightly too early I think, as is still over hyped which will cause any drop to bounce back for now.
People don't want to lose their precious money they put in on the hype train yet.

>>149586

Baidu just needs to offer a dilutive convertible bond underwritten by morgan stanley and they'll double their price target for baidu.

>>149606
Gamma, nice play this morning

Shorting JCP

>>149619

Thanks, it was long JCP. I figured all the earnings report had to do was show a decreased bankruptcy risk and the stock would pop.

will apple hit 522?i put all my money on it

FUCK FUCK FUCK FUCK FUCK

I was going to short BIOF but this fucking game is glitched.

Im watching literally thousands in profit just slip past me.

>>149632
Seems IRL there are no available shares to short reading the twitter feed thing. Is also apparently 43% short currently.

what the fuck happened to baidu?

it was at 185 yesterday ah

Just hopped off this wild ride.

>>149648
see
>>149586
Every other firms upgrade their price target to ~230, but Stanley thinks otherwise and momentum tumbles.

>>149628
Did you sell off? Fuck that was an amazing IRL play

I'm so fucking mad right now.

Literally denied thousands of dollars in profit because of a stupid glitch.

HURR VOLUME RESTRICTIONS DURR

>>149653

Sold on the open @ 7.32

>>149665

You can't sell 1000000 of a stock that trades 10000 a day. There are liquidity issues you have to manage when trading large size IRL it's not a glitch.

>>149655
goddamned jews

Is VPCO going to stabilize or rise now?

>Merrill Lynch reaffirms $65 price target on Tesla

ballsy as fuck

>>149688
Opted for the DGAZ route...

>>149677
>>149668
Are you going to play Nat Gas today?

>>149503
noice work m8

>>149443
>10:30am
What, PST? Central time? How much longer form now?

I'm guessing money will all be on $DGAZ given it's recent downtrend to lower $3s and that Jan/Feb gas prices are generally higher than March/April.

>>149714
Depends. If Nat Gas storage is higher than expected, price will decrease and DGAZ will be your horse.

EST btw. So one hour

What does pending order mean? Will the stock sell for the real price in 15 minutes?

>>149723

>EST btw. So one hour

You just missed it.

>Working gas in storage was 1,348 Bcf as of Friday, February 21, 2014, according to EIA estimates. This represents a net decline of 95 Bcf from the previous week. Stocks were 905 Bcf less than last year at this time and 711 Bcf below the 5-year average of 2,059 Bcf. In the East Region, stocks were 361 Bcf below the 5-year average following net withdrawals of 78 Bcf. Stocks in the Producing Region were 251 Bcf below the 5-year average of 775 Bcf after a net withdrawal of 5 Bcf. Stocks in the West Region were 99 Bcf below the 5-year average after a net drawdown of 12 Bcf. At 1,348 Bcf, total working gas is below the 5-year historical range.

DGAZ just spiked up t 3.77, down to 3.67, now its at 3.70.

Not a good sign for the bulls

>>149728
nope, it'll see for the price you used

game is delayed like 10 minutes or something

>>149743
what does this mean for todays play? buy UGAZ or DGAZ?

TSLA don't betray me now. I refuse to lose 1k on you.

>>149728
Did you trade an OTN? OTNs have a 15 min trade delay.

>>149737
Oops. Yeah like 5 min ago.

>>149743
>>149756
Looks like the UGAZ gravy train is going to slow down a bit. Looks like we aren't drawing very much Nat Gas anymore

>>149756
I'm no Fed Chairman, but wouldn't lower supply drive gas prices up?

If so, UGAZ.

i suggest putting it all on apple inc

bidu rising again

>>149709

What are you up to? +10%.

>>149772

The report is bearish, the drawdown of nat gas supply is less than was previously expected. We are approaching the end of winter, and any kind of weather hype is just to squeeze the shorts.

Nat gas should be trading around the $4.00 range. DGAZ is the better play, look at the capital flows into DGAZ, and flows out of UGAZ. The shorts are covering after the report, and this kind of volatility is to be expected.

You can hedge your DGAZ play with some UGAZ shares to profit on this kind of volatility, provides opportunities for a day trade.

>>149787
Morgan Stanley probably wrote that downgrade just so they can get in.

/tinfoil hat

>>149789
interesting, thx

>>149796
Nah, I think they're too smart/get too much federal attention to get caught up in something as blatant as that

>>149796
not tinfoil at all really. last week it popped 2% after goldman upgraded it

>>149796
>implying Morgan Stanley hasn't been holding since day one.

>>149789
Thank you for a better explaination

newbie here.
pls spoonfeedme.
what is this general for?
how do I get into the game?
how much initial money should I have to start?

>>149816
Its imaginary money friend, pls lurk moar

>>149816
Go to marketwatch.com, on the right-hand side below the top banner click games. Sign up. Search for "biz", password is "merchant"

You get $200k of fake money, and the goal is to make more fake money than anyone else.

>>149786
I held WLL overnight

>>149840
Only 100k actually.

>dat dangdang

>>149840
done.
is this a stock game?
does companies pay virtual dividends?

Aaaaannndddd DGAZ is back in the green. Love that shakeout. They did it last week too.

Been holding DGAZ since Friday. Feels good man to see IRL cash

>>149890
>is this a stock game?
yes, and only stocks
>does companies pay virtual dividends?
lol no

>>149818

Of course big homie. You already know who this is. I'll shoot you a message on skype.

>Dat 30 minute window with the short squeeze
>dat potential UGAZ round trip
>dat .16 DGAZ swing in 15 minutes

That's how I played it last week with my UGAZ hedge. But I'm done with that ETN now, its time is finished. DGAZ all the way until it hits $10 or $12

Check out the candlesticks. Already a reversal pattern formed.

>>149890
not sure about the dividends, but those would still mean minimal gains.

the big capital gains come from good trades, buy low sell high.

>>149903
Logging into SKype

>10 or 12

Highly unlikely as Nat Gas would have to go to like zero dollars. More likely is that Nat Gas will hit 4$ and give us a high 4.75$ price on DGAZ

what do we give teh winners of the game

>>149911
they only get self-satisfaction. of both the physical and mental type.

>Buy FB calls on every dip

Another easy money

ok, last question.
I know this is silly, but bare in mind I'm a newbie.
how much this game is similar to the real game?
do you think you can become GOD in the real market if you master this game?

>>149945
No. Most of the people in the game are just fucking around and basically gambling. You need a lot of experience for this to be anything more than guessing/listening to /biz/'s bad advice

>>149910
My new strat is working btw, hail to the trips!
+1.01% being a low-risk faggot.

>>149959
Watching Nat Gas going crazy right now. This thing keeps you up at night when you hold it IRL.

>>149945
Can be very similar

>>149954
Learning to tune out shitheads/bad advice and make your own decisions is key. Else you could just go tune into Cramer and buy blindly

>>149940

I love NSABook

I've been steadily banking off them for the past few months.

>dat last earnings report

I see them blowing out expectations next ER as well. FB is a great hold

>>149945
Don't waste time playing pretend game and go try the market.

In the real market, you have limited funds so most people don't go all in like people do on virtual market. One mistake and gg

>>149976

Cramer is such a fuck nigga. He has PLUG as a sell. PLUG has been on a tear over the past few months, and they are on backorder for their fuel cell products. Yesterday announcement of the contract with Wal-Mart where they are TRIPLING their fuel cell stations from plug is just the begining of announcements. They should have more announcements before the next ER. Its like they don't even read their business reports of listen to their conference calls

>>149926
doesnt it mean they should go do it irl too since they are confident for profits?

>>149999
Nice trips.

Also don't get mad at Cramer. Get mad at the overlords commanding him to shill

>>150009
Top winners of this game are guys that put 200k margin-up-the-ass on tsla, JCP or some penny crap. For every 1 that makes it, at least many other bankrupts

People don't trade like this with real money, at least not most.

>>149999

quads

>>150011

dubs

Anyway quads confirm that PLUG is a buy. The stock should go crazy as this company is on a complete turn around. That's what a new CEO can do for a company. Just look at Yahoo for example. Plug is about to test resistance at $4.50 again. You could make plenty of money scalping this stock also. I'm holding it though.

>pic related - Cramer guiding all of his good goyim who watch Mad Money

>>149438
Are 8.17% gains good? They're the first positive gains I've ever had.

>>150066

Any kinds of gains are good. Take profits bud

>>150066
yeah, you'd be happy with that irl

God, GOOG is such a shit stock. It's moved like 40 cents in three days

ok, this is my first time trading.
I will lose my virginity with you guys.
pls be gentle.
;_;

>>150100
good luck, newfriend

if you guys like solar, look into TSL

got a new large contract, stock popping today

>>150100

why didn't you buy Bitcoin?

>>150122

Because its a scam. Bet you wish he put his money into Mt Goy huh

>>150122
because I was late to the train.
I just started to browse 4chan seriously in Jan 2012.

>eric holder hospitalized

ˆoˆ

>recovering

fuck

>>150138

Good thing you didn't get taken for a scam. As its been said, one of the most important things for traders to learn is how to filter out the bad information, shills, and since its 4chan - the trolls.

http://www.forbes.com/sites/andygreenberg/2013/09/05/follow-the-bitcoins-how-we-got-busted-buying-drugs-on-silk-roads-black-market/

Buttcoin - annonymous? Top lel m8

Just check out leddit for all the buttcoin sob stories when Mount Goy crashed.

>>150153
did they put up the link to the suicide reddit again? lel

>>150166
>Linking to suicide reddit in all the Bitcoin threads

Makin me giggle

>>150121
What happened to Praise the Sun??

>>150175
Ever heard of Icarus? He flew too close to the sun and burned his wings.

>>150153

Bitcoin was never meant to be annonymous stronghold.

By its design it is Pseudonymous.

And it can be very anonymous provided you take good measures to not link your bitcoin wallet addres to any real life information.

>>150091

No, it is a stable as fuck stock.

what you're looking for are volatile stocks. Just remember you can lose as fast as you gain with those types.

>>150175
>>150184
JK, not sure whether that is him but rank 51 maybe?

If I only really want to do long term investing is it a better idea to have a diversified portfolio or to invest into one company.

Sorry if it's a dumb question, I don't really have any experience with this except for a project in high school.

Is PLUG going to have another big announcement?

>>150224
>PLUG
Every time I read this I assume "Butt Plug". Been on this site way too long

>>150151

damn it

>>150222
Depends on your risk tolerance.

whos the best trader on /idtg/? i vote gamma

>>150278
I vote Suqa Madiq

>>150260
I guess I have a low risk tolerance. I hate losing money and I prefer taking a steady pace than to a fast and bumpy one. Its kinda amazing though, see how fast and how much money people are making. I did a stock game like this in my economics class in high school over the length of the class. I won but I only made like 10 grand, and that was doing a long term diversified portfolio, so that's why I was wondering if putting all my eggs in one basket might be a better idea in terms of money making. Sorry if what I am saying is dumb and/or obvious.

>>150278
Gamma is most likely the oldest oldfag when it comes to trading. Lots of great advice too.

>>150278
Pen merchant, he's consistently been on the top 10 even when the ranks fluctuate.

>>150289
>>150306
>>150310
>no love even though consistently top 5
:(

>>150310
>tfw iv been on 3 day slide from 9th to 15th

Im going to jump off a bridge, fucking school is taking all my time.

Current rankings of the #1 club.

Its surprising how few people got in on this tivo thing.

>BONI
>-0.020 (-14.29%)

Is this worth buying the dip?

This looks like a really good price point for potential growth.

>>150353
You can't trade stocks worth less than $2 , sadly.

>>150360
Im talking with real money, not the market game.

fuck morgan stanley, I used this opportunity to load up more bidu calls.

THI.
YOU PROMISED ME.
YOU PROMISED.

>>150295
if you have low risk tolerance, then diverse. It's that simple.

Putting all your eggs in one basket might net you greater returns if you get it right, but equivalently you could lose just as much if you get it wrong.

>>150324
i like you

>>150324
I think ur funny & cute

>>150338
getting #rekd right now

>>150416
FUCK YOU TIM.

Thanks to whoever that recommended BKS calls few days ago. Going up quite nicely

>>150429
>>150432
th-thanks obama

how many people are holding the same stocks you are? how many people have seekrit stocks

Is it worth it to buy TiVo or short it?

Stupid newfag question here.

I want to protect my investments. I thought putting a limit sell at a specific price point 10% lower than my initial buy price would automatically sell at that given price.

Instead, it just sold all my shares instantly. I think its because I'm trying to sell at a lower price point than it currently is? What is the point of limit sells then?

I know I fucked up somewhere.

>>150499
I'm pretty sure you do stop sells if you want to sell your shares at a specific price point.

>>150353
>BONI
Can I get some feedback? Looks like a perfect buy the fucking dip.

>>150534
http://www.youtube.com/watch?v=jllJ-HeErjU

>>150499
try stop orders

>>150542
I wish this video was a sticky

>dangdang up 24%

How much money do you start off with?

Guys, thoughts on CCOEF, aka capcom? I really don't like their long term, but they have a sure to sell title coming out soon. Problem is their stock may have already gone as high as it is going to. Thoughts?

>>150621
100,000

>>149438
>dat 10 cent TiVo dive

>>149438
>dat 10 cent TiVo dive ;_;
Atleast PLUG is doing well

Newbie question here, how much does a companies stock rise with the release of a product? What about in video games where most of the companies income is from one product every two years or so?

>>150644
>>150650
>>150542

Buy the dip.

>>150661
what is the dip?

>>150672
If you're pretty sure a company isn't going away in the next month, its a common strategy to just buy some shares when ever there is a dip.

>>150672
Watch the video posted ITT.

Instead of newfag can we just call obviously new people "Interns"? Ask them to fetch us coffee or something?

>>150685
>>150542
>>150338

>>150672
>>150685
See Coke

>>150672
something you buy

>>150685
So TiVo is going to recover and I shouldn't panic sell it?

>>150690
>Instead of newfag can we just call obviously new people "Interns"?

Pls no

This cancerous corporate culture has to die, not spread.

>>150690
>>150698
I dunno, thats kinda funny. There should be a /biz/ name for newfags regardless.

>>150694
You should never panic sell anything. Knee jerk buy/sell is the number one way for day traders to lose money.

>>150698
>This cancerous corporate culture has to die, not spread.

But its very related to the theme of the board, intern.

>>150715
i recommend the term "coffee bitch"

>>150715
fucking trippfaggots, contribute nothing but cancer to boards.

>>150726
Calm down man, damn. People are only using a trip to ID who's in the MW game.

>>150719
"coffee bitch" isn't very PC and when we call interns that, it's never to their face.

>>150717
Something like "Obvious intern detected". Maybe "coffee bitch" if they keep up with the intern behavior.

>>150726
>Only posts one time in this thread
>To complain about a tripfag

Was this intentionally ironic, intern?

>>149438
Post yo ranks

>>150764
#163
Captcha: soon myNigger

>>150764
somewhere in the 600s

couple of days of bad losses

>>150764
616
man i sucks

>>150764
Number 18.

>>150764
#23, dropped a bunch from TSLA riders.

Top 10 is imminent

>>150737
What is a newfag on biz ? someone without any prior experience in business or a "newfag" to 4chan ?

Its been a rough couple days for me, slid down here from 9th. I will rise again.

>>150790
Any questions on the board that are very "noobish" regardless of lack of 4chan culture. You could be an "oldfag" from 2006 and still be considered an "intern" here.

>>150803
>forcing a meme

Pls.

>>150806
What do you expect from a trip?

>>150803
Call me whatever you want, I contribute to threads whenever I feel like I have something to contribute, right now im chilling with some dark souls and making spaghetti

>>150801

How did you make so much money? Ive gathered that you are going to have to take big risks all the time in order to win this game. Are most of you shorting shit?

>>150806
>Implying memes haven't been forced since 07 with that Boxxy nonsense

>>150817
I love spaghetti. How do you prep the meat sauce

>>150815
Lol

>>150790
>>150803
>>150806
I love new boards, we, right now are defining the prejudice, inside jokes, clicks, slang, and bullshit that will come to define the board.

>>150764
bring it on goys

Where is Praise the Sun?

>>150825
trips on power trips?

GOD FUCKING DAMMIT I WENT FROM 80 TO 152 IN A DAY I FEEL SO FUCKING GOY.

I might as well eat a fucking ham or something.

>>150831
Getting the rest of us coffee

>>150832
Careful not to trip on how awful that joke was

>>150835
>tfw eating a meat lovers pizza from Pizzahut for only 10$ with jalapenos

Rabbi... We weren't meant to enjoy pork

>>150817
>dem names
no wonder I am not rich

>>150831
He died. Thank god.

>>150819
Invest in Dip, sell when you get 3-4-5k dollarooos out of it

>>150821
Actually thought I had sauce, but gonna use some Uncle ben's Tikka masala sauce + pork meat and some Ketchup

Why do some shares take 15 minutes to buy/sell?

>>150821
>tfw you're enough of an old fag to remember leaving 4chan for a few months while all that blew over
>implying it did ever completely "blow over"

>>150819
Some shorts, not many. But usually when I do short I'm not covered so I am "rolling the dice" in a way. Other than that, iv just got a good sense of it. Im in a good /biz/ school, I come from a biz family, ect.

>>150855
if you have listed to buy at market price, then it means nobody is buying or selling. This is why you don't want to always wait until the stock is at the top of it's peak

Been pretty consistent so far, not risky enough to probably break top 10 though

first time playing a market sim, shit's fun and getting to banter on 4chan during mkt hours makes it that much sweeter

>>150851
Enjoy or eat?

>>150855
No idea, MW is fuckt sometimes. Every once and a while it will delay an order of mine for 15 min, and then just drop it. I guess this simulation is so good it even simulates having a shit broker.

>>150847
?

>>150865

>Iv just got a good sense of it

no doubt man. You guys doing 30-40% in less than a month are crazy. Im guessing you arent diversified at all, just pump it in all into a stock that you are pretty sure is going up and then pull it all out. Something like that?

>>150870
Eat

>>150850
Sounds terrible. I have a ritual where I buy all my ingredients fresh from whole foods (using the best beef they have) and prepare the meal while watching Sopranos

>>150865
>Implying I want to remember that spam
>Implying I don't remember when "niggers" word filtered to "peanut butter"

>>150883
>while watching Sopranos

my nigga

Quick question to all of you, how much is your % return per month, based on whatever is in your account?

I'm willing to give out some free pointers.

>>150893
https://www.youtube.com/watch?v=YDDkCiUhHCc

Makes me want to fire up the crock pot right now and have Italian.

>>150882
>Fionn Lavery
>Alistair Bomaye
>Sigrid Brudevoll
>Ulrik Weum
>Bashar Al-Assad

>>150894
>free

Fuck that, you should be selling a newsletter for $29.95 a month.

>>150921
Quiet, Chaim, you'll blow my bait and switch tactic.

>>150902
28.32% since the 19th.

I suspect everyone at the top is going to be broke by the end of the game. The people in the 400-100 range are the real contenders.

>>150902
average 9% a month. I like to go big

>>150960
Nah, the guys at the top will fall from time to time for sure. But if you can get there once, you can get there again.

>>150960
>Believing in the efficient market hypothesis

>>150949
Very nice, I'm currently trading cfd's and I get about the same results, account doubles every 3 months.

>>150960
this, i mean there are idiots on top with 50+ trades.. They'll go down fast

Do I short ZU? They jumped $10 today and... well... they sell fucking baby clothes. That can't hold up right?

>>150985
Whats wrong with that? I think those are the guys who will make it. Guys betting it all on one or 2 securities have incredible risk. Consistent adjustment of your portfolio is part of trading short term like this. The game ends in 1 year, we aren't fighting for best nest egg here, we aren't trying to retire.

fuck me in the ass, now both PLUG and TIVO are going down. I jumped down like 20 places instantly ;_;

quiznos filing bankruptcy

>>151008
this. it's purely trading

if you want to put all your eggs in one basket, though, feel free

anyone here think shorting JCP is a good idea for tomorrow?

I don't know how good their earnings were, but 25% seems like a little much

>>151087
Is already got a short interest of 43%. So not sure if it is going to go down much now after it has shown it isn't going bankrupt as everyone was expecting.

Post your porftolios

>>151149
Short Apple for all your money.

>>151149
Short PRAN

I think I lost out today, but I bet I will make some of this back

>>151141

i just mean for a one-day thing, the trading game i'm playing for a class of mine ends tomorrow and i need a way to jump ranks quick

they force us to use generic strategies every week and i'm on "speculative" now, (made mad dosh shorting ITMN and buying PRAN)

>>151175
If you want to just surf the hot stocks of the day you need something nice and long to mitigate day to day losses.

>>151181
You may be better off betting on the earnings reports that come out in AH.
http://www.marketwatch.com/earningswall
Do your research and you may hit it big by shorting or buying before the gap.

My strategy is to just be fairly conservative and diversified. Pick a nice collection of stocks and try to ride them. Then in the last month I take it all and put it in a penny stock. If your not first youre last.

I think the game teaches you never to touch stocks in real life.

bitches still don't know about muh dangdang

>>149438
What kind or how many stocks do I need for my portfolio to be diverse enough?

>>151181
>buying PRAN
Why? Looks like you're buying at the height of the bubbles.

>>150817
>i sell cheap gamma
>today's returns
>45.34%
how?

>>151250
Just buy a few thousand $2 stocks.

>This order to purchase securities, if accepted and executed, will be paid for out of proceeds from the previous sale of securities in your account, which is to settle on or before the date by which payment for this purchase transaction is due. If you subsequently enter an order to sell these securities before they are fully paid for, your account may be subject to a 90-day restriction under federal securities regulations. Learn More.

Goddamn I hate this message.


Should I switch my brokergage from a cash account to a margin account?

What exactly is the difference between the two?

>>151262

I want to know too. Is this faggot cheating

>>151263
Any random $2 stocks? Isn't that pretty risky?

>>151272
Margin means you're borrowing the money.
Your returns will be much higher on margin, but so will your losses.

>>151249

nah i bought it at 9.50 and like i said earlier the game ends tomorrow so short of a massive drop in value i came out on top

>>151262
>>151273
He went all in on JCP.
see
>>149628

>>151283
Wait the game ends tomorrow?

>>151305

The game ends next year; learn how to read.

>>151282
Does that mean I will no longer see this 90 day restriction notice?

I still dont understand the concept of cash vs margin account. "Win more, but can also lose more". That's pretty vague.

Does a margin account mean I can deposit say $5k into my brokerage, and they would allow me to play with say $10k to invest?

>>151305
Lurk more intern. Seriously all you have to do is fetch coffee and read. Apparently you can't do either

>>151305
Seems a different game going by this post >>151181
The current game ends in just under a years time.

>>151305

i'm playing a game for one of my university classes in addition to the marketwatch game. My question about whether shorting JCP was a good idea was for my school trading game, as that one ends tomorrow and i'd only need to rely on a drop in value tomorrow, not a long term thing

>>151319
Ah, thank you.

>>151326
I see I hope you win your game.

>>151316
>>151322
I am sorry I don't have enough time in the day to read through an entire thread. Sadly, I have other things to do and sometimes I have to skip around. I apologize that my I offended you.

Why the fuck can't I buy more stocks I have money and buying powers and they still aren't showing up , I even checked orders and they weren't there.

>>151341
Did you hit volume cap? The volume cap is very low in this game.

>>151342

fuck it, bit the bullet and just went short 100 shares on JCP (game only gave us 10k to start)

<stress intensifies>

So the guy that made the 40 something percent today said that he bought prior to a report being put out by jc penny. How did he know about this. What do you faggots read every day that keeps you in the loop?

>>151342
Don't apologize!!! You're supposed to fire back with "fuck off tripfag everyone hates you" or something.

But seriously, read the threads anons post pretty good information on buys

>>151353
Good luck anon

>>151357
He used his brain and calculated that JCP might finally break negative income. He was right

>>151350
Ah , no nevermind I bought it again and then it showed up. Must have been a bug.

>>151364
fuck off tripfag everyone hates you. You can't tell me what to do. Why don't you go and wipe your mother's anus hahahahahahahhahahahaaha. Was that good enough?

>>151353
>100 shares
Wow such short

>>151374
>You can't tell me what to do.
When life gives you lemons, do you make beef stew?

Also pretty good response.

>>151350
Wait are you serious there's a volume cap?

>>151318
Any feedback?

>I still dont understand the concept of cash vs margin account. "Win more, but can also lose more". That's pretty vague.
>Does a margin account mean I can deposit say $5k into my brokerage, and they would allow me to play with say $10k to invest?

is this the assumption between cash and margin accounts?

Is anyone (in real life, not game bullshit) investing in green rush stocks? Seems like a good idea to me.

>>151353
You get 10k shares in this game no matter how much each one cost? That's insane. Whoever gets into a good penny stock or bought all Tesla shares would win.

>>151386
Yeah, it's like 1% of all the shares of a certain stock. So if there was only 100 shares of Tesla then you could only buy 1 share of Tesla.

>>151357
Financial news

When we want to learn about current trends in sports, we read sports news. When we want to learn about current trends in politics, we read political news. When we want to learn about current trends in science, we read science news. When we want to learn about current trends in world matters, we read international news.

This doing anything for you?

My instinct is to short tesla big time but im scared. hold me /biz/

>>151405

Yeah I was looking for a particular website. I dont get cnbc.

>>151410
SHORT IT
>doitfaggot.png

>>151357
He didn't know, he guessed and was right. It's very easy to do when fake money is on the line.

Anyone can set up 2 accounts, have one be long a volatile stock, and the other be short, just prior to earnings announcements. Then keep the account that had the proper positioning.

>>151410
I assumed that is what everyone was doing.

rate me /biz/

Is it a good idea to stop sell PLUG at $5 since I can't be on MW 24/7?

>>151440
>blots out his stock tickers

faggot

>>151447
are you le jelly :^) lelelele

>>151440

Show us your stocks. You know this game isnt for a cash prize right.

>>151410
I would short tsla but all of my money are tied up

>>151419
cheap gamma has been around for a while though

>NQ up 5%
Buy NQ thank me later

>gamma in charge of having sustainable gainz

lel you'll be back out of the top 5 by new week, guaranteed

I'm dumb, how come only half the bar is being used? How do I use the rest of it, I thought I only have 2k cash remaining.

What's buying power?

>>151410

>shorting a company that literally breakfasts on the devastated anuses of shortsellers

lel go ahead anon, do it

(just remember, this stock was at 120 two months ago)

>>151615

>buying power: 106K

are you stupid anon? do you not know what margin is?

>>151638
I don't, I would just buy stuff I thought looked nice :(

>>151615
you can still buy $106k worth of stock.

Game starts with $100k, but with margin you take a loan from imaginary broker for another $100k.

Also have to pay interests

>>151638
New intern is new

>>151648
Ohh ok thank you. I thought the other half was only for shorting stuff or something, but I'm no good at that, I just like to buy stuff.

>>151642

well you seem to be doing better than a lot of these scrubs, so kudos to you

what the fuck am i supposed to do here?

excuse my retardedness but how do i even invest in a business(im new to this)

>>149438
How related is this game to real world stock trading? I have my money in a 2% per annum interest account, should I start playing the stock market?

>>151696
Lurk more intern

>>151697
d-do you really think 2 weeks of a paper trading game reflects the market in general?

You're so fucking stupid it hurts.

>>151697
It's different in the sense that your orders don't go through immediately like they do in demo games. You have to wait for the broker to actually fill the order.

Google "slippage"

>>151701
i am sir i am

>>151696
Setup a broker account (scottrade, etrade, whatever else).

Ask them how to buy stock.

It's easy as shit

>>151717
How do I get a decent broker?

>>151728
but i just want to play this game thing i dont want to start broking now

>>151648

explain the interest to me please. You just have to pay back an extra 3% on what you borrow?

>>151757

It's like any other loan.

>>151748
I'm trying to figure that one out too. A lot of people on this board are strongly opinionated about what broker they use so you might want to try their demo accounts and just judge by that. Most major brokers shouldn't have too much slippage.

>>151763

what will you do when the real investors catch back up to you, Mister Jay Cee Penny?

>>151818
>Real investors

Intern detected. Money is money. Some make it slower than others but that doesn't give you the right to a "holier than thou" attitude

>>151818

Stay mad.

>>151837

I'll see you in my rearview soon faggot

>>151837
Interns can't understand how you make them gains

>Interns
That just sounds retarded

>>151853
Then what should we call Nubs on /biz/?

>>151857
Persons of low economic status.
Poles for short.

>>151857

the 99%

>>151857
im just a neet, don't ask me these difficult questions

>>151850

>TSLA

right?

>>151866
The lowest person on the totem pole in any business is the Unpaid Intern....

Someone suggested "Coffee bitch'

>>151869
I like this.
>"Where's my coffee intern"
>"Gtfo 99%er"

>>151861
No

>>151853

better than pleb

>>151869
lol

>>151871

Where do you get your financial news from m8

>>151871

>>151879

Mostly twitter now. I made this list like a month ago to follow news. It's mostly zerohedge.

>>151890

Forgot the list.

https://twitter.com/a34444927/lists/trading

>>151896
>https://twitter.com/a34444927/lists/trading
>>151890


Lol at weather causing economic slowdown.. Best excuse ever

>>151896

>Things that Warren Buffett has never heard of and will never read

>>151906

What do you read? SEC filings? Buffet doesn't even look at stock quotes so throw your computer away.

>>151890
>zerohedge

Why?

>>151913

>his securities trade on a quoted market

how pleb can you be anon?

(i'm actually just bullshitting you though, good buy on JCP today. but zerohedge? seriously?)

>>151916
>>151922
What's wrong with zerohedge?

>>151922
>>151916

>zerohedge

If you filter through the ideology, zerohedge is great. I also regularly read.

http://philosophicaleconomics.wordpress.com/
http://www.thereformedbroker.com/
http://www.ritholtz.com/blog/
http://www.marketanthropology.com/
http://www.priceactionlab.com/Blog/
http://alephblog.com/
http://pragcap.com/

That's about it.

>>151938

>markets are weak because of bad weather

might as well say the weather is bad because of weak markets. it's completely spurious stuff

>>151951
>>151951
what do you do for a living and how much do you make trading?

>45% return in one day
I want to be like you

>>151400

no you get 10,000 dollars to spend on whatever you want.

most of my money is already in a long pran position and a short ITMN position, 100 shares was all i was able to afford of JCP

>>151451

>all green
>only 1% gain

yeah so jelly bro

>>151951
Oh hey gamma

I watched those videos you sent me, or whoever sent them, it actually helped me a lot.

Also nice job on the 48 percent returns, no idea how you did it, but hopefully with your teachings I could be as good as you one day.

>>152228
Can you post the videos? I would like to watch them too.

>>152521
Sure friend
http://www.investopedia.com/video/play/put-option/http://www.investopedia.com/video/play/call-option/

>>152538

http://www.investopedia.com/video/

new thread when