Continued from 2007 ... GO DOW GO!!

VIPR PWR said:
Fracking is what I just call it ,,,, It’s just fractional trading . You can do limit buys and sells with a dollar amount instead of share amounts…
Note : Schwab makes you do market orders and stinks while fidelity allows limit orders .

You decide what to buy , I do major companies mostly the big large caps . I’ll buy $100 to $250 worth of each stocks and do multiple stocks daily ( around 5 to 10 different stocks ) and sell them fast for small profit .. the ones that miss the sell will usually hit a sell price between the next day to a week so far ..

These are the ones im bagging at the moment that missed the flip.. All but TSLA are div stocks and Divs are coming in or exdate close ..
I’ve done hundreds in the last month or so started doing $25 trades and now doing up to $250 trades ….Limit orders only 1 .. a couple bagged ones are full share buys and then can be sold in AH or PreM ,fractions aren’t allowed to be sold at those time only on the day market !


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You must be very good at this you've got lots of experience in the ins and outs and how to keep track of it all not to mention the tax parts if it and the DD yada yada - my hat is off to you for sure! I dabbled a few times and study study studied but i couldn't quite get a pattern going like you have. Maybe it's practice makes perfect but I also have PP that doesn't care for the long aspect and I'm not too interested in the fast and furious version so it's difficult - but yet I'm so intrigued :D
 
I know i should have held my TSLA, AAPL and NVDA but pp likes to get in and out and move on down the line hahaha
 
I mean look at just WMT on your sheet at 123 and i clearly recall when it was at 60ish and that's just ONE ticker
 
Slow day and got myself bagged on MSFT and AMZN .. COULD HAVE FLIPPED BUT flipped both instead decided to push for more profit .. the risk is minimal and all are div stocks if they bag into exdate ! No biggy as they will hit above the buy price tomorrow or a few days Im guessing .. It’s not a get rich type of trading but extremely consistent day trading … I base it on the opening charts patterns of each stock to make the decision to jump on them ( usually on a open drop in price and the pattern through the day mostly goes back up … sometimes they will just flat line making profits less or possibly bagging for a day or so ..
for someone starting out I think it’s a great way to learn and gain confidence.. starting out doing something like $25 buys and flip on a few Pennie’s into green won’t break the bank of anyone .. Then when you get comfortable raise the buys to $50 and so on .. watch the chart patterns and see what the ones you choose do .. or just set a small amount higher on a limit order and go from there .. limit orders allow for you to take a shower or a good luck walk hahahaha !

As you can see I choose the large solid companies mostly and throw in some smaller solid companies like VZ , PM , KO with a couple full share buys and flip the same as the big companies stocks .. I already own all those in larger full core positions and don’t touch those as they are dividend income positions ..

As for WMT … being down and not excessively high on the price is a good core position right now IMO !

I decided to start doing the day trade fractional because I’m tired of the volatility and the high cost of a full share with the large company stocks ..

Aapl hit all time high again today , div is week but growth IMO is there going forward as with GOOGL , MSFT , AMZN ETC…
It’s been a long time since MSFT or CAT have done a split and consensus ( Blah Blah Blah ) puts both at the top possibilities of a split since the prices are way up ,especially CAT which has a huge quarterly div..



Even bagging or just buying and adding small dollar trades on CAT and others over time , put in the drip and cost averaging adds up . A split would be fantastic on both hahahaha !

image.jpg
 
Wifey said:
You must be very good at this you've got lots of experience in the ins and outs and how to keep track of it all not to mention the tax parts if it and the DD yada yada - my hat is off to you for sure! I dabbled a few times and study study studied but i couldn't quite get a pattern going like you have. Maybe it's practice makes perfect but I also have PP that doesn't care for the long aspect and I'm not too interested in the fast and furious version so it's difficult - but yet I'm so intrigued :D
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Been doing it a long time , self taught and the school of hard knocks … Maybe I should start a Hedge fund or become a Venture Capitalist hahahaha … Check out the ticker RVI , which is a private company venture investment through a recent IPO they did on it .. I bought a couple shares one for $25 and another the second day @$23 I think ,as a test !
1780439063734.png
 
Seens you are good at helping others figure it out and you are very giving if your time and effort. It's helped me a lot over the last couple years! Not easy to get input out there and you have good planning and are cautious yet will take a risk or two. Well done - thanks for all that you share I hope others check in here and learn like i do
 
Wifey said:
Seens you are good at helping others figure it out and you are very giving if your time and effort. It's helped me a lot over the last couple years! Not easy to get input out there and you have good planning and are cautious yet will take a risk or two. Well done - thanks for all that you share I hope others check in here and learn like i do
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Thanks Wifey it’s good to hear things like that . I’ve tried to pride myself on trying to help people when I can .. Most tend to let it go in one ear and out the other ! Pretty much of just one person can learn something and benefit is all the satisfaction I need whether I know it or not hahaha !
I’ll say over the decades this site has amazed me with many that have jumped in and tried to help others even with the site faded down to few members now people try to help almost daily when questions are asked . It’s been an amazing thing that I have never seen prior in real life .. the fun and funny post hoping keeps a sense of humor can get pretty damn wild and enjoyable .. You ever notice that rarely has there been bad attitudes or hard core arguments on here ?
 
VIPR PWR said:
Space X news in the air today ;


www.cnbc.com

SpaceX targets $135 IPO price at valuation of $1.77 trillion

The valuation would make Elon Musk's company the seventh-biggest in the U.S., above Tesla, which has a market cap of about $1.6 trillion.
www.cnbc.com www.cnbc.com
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Wow isn't that a super reasonable price?? I was guessing like thousands per share. I've read some about IPOs but not sure of all the ins and outs - so does this mean if you money is in the brokerage account you can buy some? Will we have to put the orders in prior at market or limit order and will the price shoot to the moon immediately at the open? I'm wondering if it's likely to even get one or two just for fun

Thoughts? I would have to put some money in the brokerage so trying to figure a probable amount
 
VIPR PWR said:
Thanks Wifey it’s good to hear things like that . I’ve tried to pride myself on trying to help people when I can .. Most tend to let it go in one ear and out the other ! Pretty much of just one person can learn something and benefit is all the satisfaction I need whether I know it or not hahaha !
I’ll say over the decades this site has amazed me with many that have jumped in and tried to help others even with the site faded down to few members now people try to help almost daily when questions are asked . It’s been an amazing thing that I have never seen prior in real life .. the fun and funny post hoping keeps a sense of humor can get pretty damn wild and enjoyable .. You ever notice that rarely has there been bad attitudes or hard core arguments on here ?
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Yes this site is an amazing site even though the traffic is slow there are still members who follow but don't post - there were some family feuds but that's to need expected with all the diversity - heck we cover any and all topics so there's something for everyone!!
 
And I for one have learned a lot on here about trucks, finances, people in general! We are world wide
 
VIPR PWR said:
Slow day and got myself bagged on MSFT and AMZN .. COULD HAVE FLIPPED BUT flipped both instead decided to push for more profit .. the risk is minimal and all are div stocks if they bag into exdate ! No biggy as they will hit above the buy price tomorrow or a few days Im guessing .. It’s not a get rich type of trading but extremely consistent day trading … I base it on the opening charts patterns of each stock to make the decision to jump on them ( usually on a open drop in price and the pattern through the day mostly goes back up … sometimes they will just flat line making profits less or possibly bagging for a day or so ..
for someone starting out I think it’s a great way to learn and gain confidence.. starting out doing something like $25 buys and flip on a few Pennie’s into green won’t break the bank of anyone .. Then when you get comfortable raise the buys to $50 and so on .. watch the chart patterns and see what the ones you choose do .. or just set a small amount higher on a limit order and go from there .. limit orders allow for you to take a shower or a good luck walk hahahaha !

As you can see I choose the large solid companies mostly and throw in some smaller solid companies like VZ , PM , KO with a couple full share buys and flip the same as the big companies stocks .. I already own all those in larger full core positions and don’t touch those as they are dividend income positions ..

As for WMT … being down and not excessively high on the price is a good core position right now IMO !

I decided to start doing the day trade fractional because I’m tired of the volatility and the high cost of a full share with the large company stocks ..

Aapl hit all time high again today , div is week but growth IMO is there going forward as with GOOGL , MSFT , AMZN ETC…
It’s been a long time since MSFT or CAT have done a split and consensus ( Blah Blah Blah ) puts both at the top possibilities of a split since the prices are way up ,especially CAT which has a huge quarterly div..



Even bagging or just buying and adding small dollar trades on CAT and others over time , put in the drip and cost averaging adds up . A split would be fantastic on both hahahaha !

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Wow those are all really getting up there! I think if I try again I'll do fractionals like you say - good practice and probably won't go broke. Do you do your fractionals on Schwab or RH?
 
Wifey said:
Wow isn't that a super reasonable price?? I was guessing like thousands per share. I've read some about IPOs but not sure of all the ins and outs - so does this mean if you money is in the brokerage account you can buy some? Will we have to put the orders in prior at market or limit order and will the price shoot to the moon immediately at the open? I'm wondering if it's likely to even get one or two just for fun

Thoughts? I would have to put some money in the brokerage so trying to figure a probable amount
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Im in a few for the pre IPO buy allocation on 2 accounts and going to see is about a 3rd account will let me add a few more …

I was surprised they let me set the trade .. it’s not like regular trading with a ticker and trade ticket until the day of the open.. approval and acceptance of PreM IPO if you get them or a, you will be notified I believe on the 11th and receive what you get on the 12th … you have to go one the broker site and well I had to search on how to buy the IPO ! Was simple .. Im taking it they loosened the regulations to get into pre IPO’s since they accepted mine on a small account first …price is 135$
 
Wifey said:
Wow those are all really getting up there! I think if I try again I'll do fractionals like you say - good practice and probably won't go broke. Do you do your fractionals on Schwab or RH?
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Schwab requires only market orders which stink and you have to watch all day long to flip.. Robyou in the hood I don’t know , but think they are market orders als only .. fidelity is limit orders or market ,, your choice. I stopped using Schwab for the fracs because of market orders only , to time consuming headache ..
 
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