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Opinions/Editorials
See other Opinions/Editorials Articles

Title: Gatlins Stock tips and money advice
Source: [None]
URL Source: [None]
Published: Feb 5, 2018
Author: Hopefully Gatlin
Post Date: 2018-02-05 18:32:47 by A K A Stone
Keywords: None
Views: 26051
Comments: 167

You wanna get rich? You just might if you follow this advice.

Post Comment   Private Reply   Ignore Thread  


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Comments (1-100) not displayed.
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#101. To: VxH (#95)

Funny how you want a Jewbilly

So, you're an anti-Semite also. Figures. Your type always seems to go there.

Vicomte13  posted on  2018-02-07   17:25:56 ET  Reply   Trace   Private Reply  


#102. To: A K A Stone (#95)

Stone - come on! - clean up on aisle 3!

This is a really good thread. All of this crap back and forth between VxH and me is useless and doesn't belong here.

I promise I'll stop rising to his troll bait. But could you just erase all of this crap here so that the thread will really concentrate on the interesting stuff here?

Thanks!

Vicomte13  posted on  2018-02-07   17:27:38 ET  Reply   Trace   Private Reply  


#103. To: VxH (#97)

Why don't you shut up you little bitch.

You are off topic and no one cares about your homely wife or inbred children.

When I get home if you made more comments acting like a little bitch, I will promptly ban you.

A K A Stone  posted on  2018-02-07   17:28:13 ET  Reply   Trace   Private Reply  


#104. To: Vicomte13 (#102)

A K A Stone  posted on  2018-02-07   17:28:57 ET  Reply   Trace   Private Reply  


#105. To: Vicomte13 (#99)

VxH  posted on  2018-02-07   17:33:23 ET  Reply   Trace   Private Reply  


#106. To: Vicomte13 (#100)

Ask the Navy. YOU were paying for it. I wasn't.

No retirement?

VxH  posted on  2018-02-07   17:38:53 ET  Reply   Trace   Private Reply  


#107. To: Vicomte13, Vic Snowflake, safespace, VxH (#102) (Edited)

Hondo68  posted on  2018-02-07   17:41:20 ET  Reply   Trace   Private Reply  


#108. To: Gatlin (#86) (Edited)

Ok, so this time I'll quote Buffett WITH ATTRIBUTION.

I don't find everything that Warren Buffett says to be particularly profound, but each of these particular nuggets of his wisdom I agree with completely. It isn't that he taught me, or you, these things. A lot of us learned these lessons from life. It's that he has a particularly pithy way of putting them such that they are memorable. We all had to reinvent the wheel getting the wisdom to recognize that he's right, but we don't have to all make our own maxims. Buffett's already given us some goodies.

Here are the ones that reflect my own view of the economic world:

(1) Don't invest in what you don't understand.

(2) Risk comes from not knowing what you are doing.

(3) It takes 20 years to build a reputation and five minutes to ruin it. If you think about that, you'll do things differently.

(4) Our favorite holding period is forever.

(5) Only buy something you'd be perfectly happy to hold if the market shut down for 10 years.

(6) If you aren't thinking about owning a stock for 10 years, don't even think about owning it for 10 minutes.

(7) Diversification is protection against ignorance. It makes little sense if you know what you're doing.

(8) What we learn from history is that people don't learn from history.

(9) Successful investing takes time, discipline and patience. No matter how great the talent or effort, some things just take time: You can't produce a baby in one month by getting nine women pregnant.

And now one more quote, from Benjamin Franklin: "Put thy purse into thy head."

That's what I have learned about life from living it, and living life means dealing with money, since it's the medium of exchange. Buffett puts those ideas so nicely.

So, while others here have expertise in stock trading and currency markets, I think the real place to start is with life itself, because that's what we're investing FOR, and that's also what we each KNOW.

"Buy what you know" is a maxim similar to the first Buffett quote. Maybe, with sufficient resources, a man does get around to buying stocks or bonds. But before that, he grows up, gets educated, and has to figure out how to house, feed and clothe himself and, if he marries, to take care of his wife, and then a family.

And it may well be that the cost of doing those things devours his capital such that he can't seriously dabble in the stock or bond market. The first economic lessons are down there in housing and medicine, food and drink, and clothing, and education.

So that's where I'm going to spend the second portion of my own thoughts on this. (Way, way up thread I listed all of the innate advantage of being what I presume we all are: White, North American men of at least middle-of- the- middle class status.)

Vicomte13  posted on  2018-02-07   18:02:59 ET  Reply   Trace   Private Reply  


#109. To: hondo68 (#107)

Vicomte13  posted on  2018-02-07   18:03:39 ET  Reply   Trace   Private Reply  


#110. To: Vicomte13 (#92)

I was always perfectly happy to let the trained mechanical crews do all of the grease monkey work. Not my specialty, not my interest either. I'll fly it, you fix it.

What an amazing coincidence. I feel much the same way about who handles my retirement portfolio.

People who get caught in affinity fraud scams - Not. So. Much, evidently.

What is affinity fraud, Councilor?

VxH  posted on  2018-02-07   18:04:00 ET  Reply   Trace   Private Reply  


#111. To: VxH (#110)

What an amazing coincidence. I feel much the same way about who handles my retirement portfolio.

So therefore you are uninterested in discussing economics on this thread?

Vicomte13  posted on  2018-02-07   18:06:42 ET  Reply   Trace   Private Reply  


#112. To: Vicomte13 (#111)

VxH  posted on  2018-02-07   18:10:15 ET  Reply   Trace   Private Reply  


#113. To: VxH (#112) (Edited)

Vicomte13  posted on  2018-02-07   18:24:11 ET  Reply   Trace   Private Reply  


#114. To: All (#110) (Edited)

VxH  posted on  2018-02-07   18:49:37 ET  Reply   Trace   Private Reply  


#115. To: Vicomte13 (#111)

If you do decide to invest in bee keeping, my experience has been that the Russians are the way to go.

My first colony was some Italians I got for free from a guy who cleans up swarms. They all swarmed off the next summer.

Then I had a colony bees I got from Texas. They were great producers, but probably had some africanized genes mixed in. Not fun to work with. Had a quick freeze come through two springs ago and they all froze. All layin in the bottom of the hive - wearing Tshirts cowboy boots and shorts in 20 degree weather. Typical Texans.

The Russians I replaced the Texans with are overwintering their 2nd winter now. Healthy buzzing inside the hive and a few ladies hanging out at the door when I checked 'em today.

Collected around 100 lbs of honey last fall.

Local honey is great for allergy prevention and folks will pay if you want to sell it.

We give some away and keep the rest - using it whenever sweetener is required for baking or cooking.

VxH  posted on  2018-02-07   19:28:39 ET  Reply   Trace   Private Reply  


#116. To: VxH (#115) (Edited)

That’s interesting. What about local wild bees? Is is possible to capture and domesticate a local wild hive, or does that just not work? I have a big yard I intend to fill with flowers and blackberry bushes. Having my own hive would be great (though I worry about the kids around here so probably won’t.) I wouldn’t knock down a hive of wild bees if they took up residency in the trees above. I fear a bee box too close to too many young neighbor kids.

I like this idea because I see food provisioning as a practical step towards financial independence once one has cleared the basic hurdles and starts to have investable money. Taking that which one already owns and making it a little bit productive is a great way to profitably invest small dollars. Organic spinach is $4 a pound. A garden run with spinach can produce 100 lb per year, $400 worth, for an investment of $10 for a trowel and $1 for an envelope of seeds. That’s a $389 return on an $11 investment, with no taxation - all pure gain. Find me any security that will produce a 3800% tax free return and give you a couple of hours exercise and sunlight Vitamin D to boot!

Vicomte13  posted on  2018-02-07   19:50:25 ET  Reply   Trace   Private Reply  


#117. To: Vicomte13 (#116)

What about local wild bees? Is it possible to capture and domesticate a local wild hive

When I had the Texans I had 6 swarms set up in my neighbor's apple tree one spring. So I hived all of them.  I'd hive one swarm and a couple of days latter there would be another one. 

Each swarm came to the same spot on the apple tree. Once the scent is there, it will attract swarms. You can put out bait. I've not done that.

I built Top Bar hives for all of them. They all took off the next spring. So yeah I've caught "wild" bees and hived them, at least temporarily.

I fear a bee box too close to too many young neighbor kids.

That's a valid concern. But, urban bee keeping is surprisingly popular.

I haven't been stung since the Texans froze themselves to death.

Look in your area for a Bee keeping club or association - they can help you get started.

VxH  posted on  2018-02-07   20:13:57 ET  Reply   Trace   Private Reply  


#118. To: Vicomte13 (#116)

Organic spinach is $4 a pound.

Kale is very cold hearty. I've had it growing until Christmas outdoors.

I grow Kale, Swiss Chard, Leaks, Mustard greens year round in a 150sqft green house that's mostly solar heated. Some aquaponically, some in dirt.

What we don't eat we feed to our hen chickens.

All the above would be good for barter, and all lower our food bill while providing educational community building opportunities.

VxH  posted on  2018-02-07   20:27:11 ET  Reply   Trace   Private Reply  


#119. To: VxH (#118) (Edited)

I've had it growing until Christmas outdoors.

Christmas? Did you say you were in Texas? Up here in New England anything growing at all at Christmas is under glass.

Our yard is quite shady, and I'm not going to take out trees to make the yard more amenable to vegetables, but I expect I can get Siberian peas growing here, and mushrooms on the oaks. Mostly I want flowers, just for the beauty of it, but I think I can get blackberries around the perimeter.

We do have a couple of maples we could tap.

Vicomte13  posted on  2018-02-07   21:22:19 ET  Reply   Trace   Private Reply  


#120. To: Vicomte13 (#119)

Christmas? Did you say you were in Texas?

Colorado. I guess I should qualify "growing" as "not shriveled, dead and defoliated like everything else".

It's not actively putting on mass, but it's still living and fresh - just like what these guys are showing:

https://tinyfarmblog.com/kale-undersnow/

So rather that harvest it earlier and put it in the freezer... I just leave it out there.

VxH  posted on  2018-02-07   21:44:30 ET  Reply   Trace   Private Reply  


#121. To: VxH (#120)

That makes sense.

Vicomte13  posted on  2018-02-07   22:02:10 ET  Reply   Trace   Private Reply  


#122. To: buckeroo, A K A Stone, ALL (#78) (Edited)

The end of this Series....with a Resolution and Summation of today’s market activity by me.

There was a mistake made today during my first buy transaction. It was a long detailed process to discover the reason for the mistake and I narrowed it down to one of two distinct possibilities. However, it doesn’t matter HOW the mistake was made...it matters thathe mistake WAS made and I must live with the numbers.

The Mistake –

I intended to purchase 5 stocks today at $20,000 allocated to each purchase (or as close as I possibly could....I always overshoot for the high side when trying to get as close to $20,000). I wound up making 4 purchases for $20,000, but my initial order for 5880 shares of ERN totaling $20,000 was executed as 580 shares for $2,000 (again, all dollar amounts are in round numbers at this point). I must now live with mistake discovered after the market closed and I will purchase an additional $18,000 worth of ERN tomorrow morning at market opening.

Resolution for the activity today -
Symbol – Buy / Close /// Day % Change /// Buy $ Amount - Close $ Amount – Day’s Gain/Loss from opening – My gain/loss with later buy in - Underlined
GOOS – 37.76 / 38,12 /// +2.78% /// 20,013.40 - 20,203.60 /// +545.90 – +190.20
DECK – 96.03 / 95.69 /// +0.73% /// 20,082.17 - 19,807.83 /// +142.83 - -274.34
ERN – 3.40 / +7.35 /// 7.35% /// 2,041.75 - 2,117.00 /// +145.00 - +75.25
HAE – 68.17 / +5.02 /// +5.02% /// 20,030.29 - 20,500.62 /// +979.20 – +470.33
TPR – 30.20 / +2.20 /// +2.20% /// 20,035.79 – 19,989.90 /// +430.92 - -45.89

Verification is available for all these number at Barchart if requested. In fact, the links are in Post #9.

Summation for the activity today -
Had I purchased all of the 5 stocks immediately at opening, I would have made $2,243.85.
Because I had to research and follow my plan, I bought in later in the morning and I made $418.55.
Had the buy error on ERN not have happened, I would have made $719.55.

I hope this series of informational posts on the inner workings for Swing Trading in the sotck market has been enlightening to those interested and I also hope it was what you were looking for, Stone....what you wanted me to do.

This ends all commentary showing the activity during my daily trading.

I repeat what I said in an earlier post: Swing Trading is nothing you learn to do overnight and nothing you can do part time...and you WILL pay a price for learning. Be prepared ...

Okay, Stone. That’s it....the whole ball game for me. We will keep the thread active as a Financial Thread for anyone interested to participate and give or take information.

Oh, I almost forgot to respond to the post from buckaroo, where he stated:

You are an emotional trader, tater, and operate without rules. You have lost money in a market that is on a downward plunge because you "think" emotionally; you think you can outwit the market.

In the midst of uncertainty, collect the data as an action plan to avoid further risk. Study the data. Use your little brain power, assuming you have any and cool the transactions until the market corrects itself.

No, Bucky, I am in no way an emotional trader. I am a cool, calm, collected and methodical Swing Trader who definitely operates within a firmly defined set of rules....as explained and set forth in my Post #8 and Post #9 at the beginning of this thread. Which of course you obviously neglected to read. Furthermore: I never think “emotionally” and I never think I “can outwit the market.”

There was no “uncertainty.” I was certain that the market moved down for two days. I needed to collect no data because it is always instantly available 24/7/365 to me on barchart.com with a mere lick on the mouse. Oh, I did plan, for about 3 hurs last evening and again this morning when I began my calculated moves. And I did use very little of my brain power....very little is all I ever need to use.

Now, I did cool my transactions for 3 days and when according to my plan as outlined in the posts mentioned....I made my move as each stock under consideration showed an upward daily movement for 2 consecutive days and fulfilled the other perimeters of my buying plan as outlined in the posts above.

So, Bucky boy, I must say I had a fair day....making a late start on 5 stock picks and taking in $418.55 which could have been $719.55 had not it been for an unknown glitch. And the fact that the stocks I picked through careful consideration and diligent study showed a paper gain of $2,243.85 for the entire day proved to show I have a tad bit of :market moxy”....ya think?

BTW: Today’s activity was off of ONLY 5 stocks, Bucky. I normally maintain at least 20 stocks in my active portfolio and limit myself to no more than 30 at one time. I must admit that managing 30 stocks ar one time while Swing Trading is extremely taxing and I don’t normally go up to that amount unless indicators direct I do.

I certainly do appreciate you taking time to give me some much needed advice on how I should invest in the stock market, Bucky, and above all....I will try to remember:

I will not become emotional....I will not become emotional... DAMNIT, I will NOT become EMOTIONAL ...

Gatlin  posted on  2018-02-07   22:24:16 ET  Reply   Trace   Private Reply  


#123. To: Gatlin (#122)

Thank you Gatlin.

Please don't leave the thread just yet. There is still, for me, a very important piece of what you do that I need to understand to get the complete picture. I understand that you select stocks based on certain pre-established criteria.

I do not understand how you gained both $418.55 and had paper gains of $2243.85 for the day on the same stocks. Were those paper gains $2243.85 on your entire portfolio, or were they just on those stocks that generated $418.55?

I am wondering how the $418.55 was a "real" gain, while the $2243.85 was a "paper gain". Did you sell those stocks and take the cash back out? Were those stocks heavy with dividend which paid after you bought them.

PLEASE understand that I am not challenging your numbers. I just don't understand what the two different kinds of gain mean. The only two ways I know of to make a gain on stock are through capital gain - when you sell it (and there is no lingering paper gain after that, because because don't own it anymore), dividends paid on a stock when the company pays them. Stocks can split and there can be leveraged buyouts, but for tax purposes those things ultimately all wash down to capital gain.

I'm just puzzled by the two types of gain you've discussed here. I don't know what they could be. Please explain.

The other piece of information that I need to know to be able to make my style of analysis is the actual mechanics of how you bought and sold (if you did sell) the stocks. Was this done at a fixed price per share, at a fixed transaction price, based on a spread? What was the transaction cost.

And where is the physical location of your property. Is it held by the broker-dealer from whom you purchased the stocks, in the B/D's street name at DTC? Is your broker-dealer your custodian, and what are your custodial fees? It does not seem possible that you could do short-swing trading if you take physical possession of shares book-registered in your name - that process is entirely too cumbersome to get in and out.

Finally, you need data feeds of some sort to get the information on which you base your analysis. Full-up Bloomberg terminals cost $15,000 per person per month for the data feed, so obviously you're not doing THAT, but what are you doing? Do you have a subscription service that is providing you the feed? Are you using free online resources?

As you saw with my discussion of growing spinach, I include the transaction costs in all of my analyses, because they are real and they determine the final dollars-in-pocket.

This probably reads like a challenge, because that is the way of LibertysFlame. I promise you that it is not. I am trying to understand the components of what you have said above. It is intriguing, but it's a sort of black box with some confusing output numbers (confusing to me), and with unknown costs. I need to iron out those kinks to really understand it.

Thanks.

Vicomte13  posted on  2018-02-08   6:47:50 ET  Reply   Trace   Private Reply  


#124. To: Gatlin (#122)

.. DAMNIT, I will NOT become EMOTIONAL ...

zyeah, and while you are at it, quit the DAMN DRAMATICS.

buckeroo  posted on  2018-02-08   6:55:26 ET  Reply   Trace   Private Reply  


#125. To: Vicomte13 (#123) (Edited)

I do not understand how you gained both $418.55 and had paper gains of $2243.85 for the day on the same stocks. Were those paper gains $2243.85 on your entire portfolio, or were they just on those stocks that generated $418.55?
I obviously used a misnomer, I should not have used the term “paper gain.” I see the confusion I caused. I should have tried to find a different term.

Perhaps this will explain what I meant. The broker’s computer shows in one column the stocks daily gain/loss for the current day (continually updating throughout the day )in one column. In the next column, the computer shows your actual gain/loss updated (als continually updating). Those numbers were only for yesterday. So over a period of say five days, on the fifth day the daily gain fo those stocks may be $1,000....but my gain could show $3,000 (over the 5 day period). I always can see what the stocks are doing overall in any moment of time during the day....as well as I can see what my stocks are doing in that moment of time with a continuing computation.

To try to simplify. That $2,000 number is what the stocks did that particular day, and it is continually updated during the day ....the $400 number is what my stocks did since I purchased them and it is continually updaed thoughout the day. That’s probably a better way of explaining it...I hope.

Gatlin  posted on  2018-02-08   7:40:52 ET  Reply   Trace   Private Reply  


#126. To: Gatlin (#125)

You make trading sound complicated.

The broker’s computer shows in one column the stocks daily gain/loss for the current day (continually updating throughout the day )in one column. In the next column, the computer shows your actual gain/loss updated (als continually updating). Those numbers were only for yesterday. So over a period of say five days, on the fifth day the daily gain fo those stocks may be $1,000....but my gain could show $3,000 (over the 5 day period). I always can see what the stocks are doing overall in any moment of time during the day....as well as I can see what my stocks are doing in that moment of time with a continuing computation.

What is the name of the graphical user interface of the trading software you use?

buckeroo  posted on  2018-02-08   7:51:30 ET  Reply   Trace   Private Reply  


#127. To: Vicomte13 (#123) (Edited)

The only two ways I know of to make a gain on stock are through capital gain - when you sell it
Had I sold those stock yesterday exactly at the split second the market closed....my capital gain would have been $418.55. Had any dividends been paid on any of those stocks yesterday, they would have been deposited in my cash account from which I trade. [Footnore: I no long use a margin account because I could not do an instantons profit/loss to the penny as the margin interest always showed up much later. Besides, why should I pay them interest on margin money when I have an abundance of capital in the case account]. The capital gains and dividends are of course as you know, reported differently to me at year’s end.

BTW, some of the stocks I am in from time to time pay well over 20% APR in dividends. These numbers may not be in proper proportion, as an example. I may purchase a stock shortly before the “ex-div” date and sell it shortly after the dividend is paid. So, I can loose, say $100 on the buy/sell transaction and still make $150 from the paid dividend.

I of course do not buy stocks for dividends. Some of those stocks occasionally fall into my buy plan.

Gatlin  posted on  2018-02-08   8:08:31 ET  Reply   Trace   Private Reply  


#128. To: Vicomte13 (#123)

It does not seem possible that you could do short-swing trading if you take physical possession of shares book-registered in your name - that process is entirely too cumbersome to get in and out.
I am jumping all around because I am doing market research at the same time. I think I am good at multi-tasking but that cost me to not make $301 yesterday by not paying closer attention to what I was doing.

To answer your question, I would say no for Swing Trading on the physical possession. Although I have never checked into it. I never own stock long enough to ask for the paper.

I do no paper transactions with my broker, which by the way is USAA. Everything is electronic and I get notices of transactions and updates instantly. Their computer sometimes gets out of sync. Like yesterday, as I mentioned, It showed a loss on one stock of over $400 onone stock and I knew at a glance that was not possible. So I did the math and the loss was $200. The computer continually checks and updates itself. I have faith in it. The type of “glitches” I just mentioned has happened before, but they are always corrected the computer’s midnight reconciliation final update.

Sorry, I am going to miss addressing some of your points....I will try to keep coming back and picking up on them.

Gatlin  posted on  2018-02-08   8:22:38 ET  Reply   Trace   Private Reply  


#129. To: Gatlin (#128)

The computer continually checks and updates itself. I have faith in it.

ROTFL.

buckeroo  posted on  2018-02-08   8:25:43 ET  Reply   Trace   Private Reply  


#130. To: Vicomte13 (#123)

Finally, you need data feeds of some sort to get the information on which you base your analysis. Full-up Bloomberg terminals cost $15,000 per person per month for the data feed, so obviously you're not doing THAT, but what are you doing? Do you have a subscription service that is providing you the feed? Are you using free online resources?
I use barchart.com. They have different service levels for all needs. The free data provides ALL that I ever need for what I do. I tried to make a donation once, I did not want to or need to subscribe to one of their services. It blew their mind because that obviously had never happened. I finally gave up after 3 or so email exchanges trying to explain that all I wanted to do was to show my gratitude for using their free service.

The time it took me years ago to research and trade 3 to 5 stocks a day....I can now trade up to 30 in that same amount of restricted time using Barchart.

I am going to have to leave you shortly for a few hours....I will be busy. I only have 3 stocks lined up for today’s buy and I want at least 5 to add to yesterday. I am again building up to 20.

Probably lots of mistakes in these last posts....sorry, I am in a hurry and I do enjoy trading comments with you.

Have a great morning ...

Gatlin  posted on  2018-02-08   8:35:30 ET  Reply   Trace   Private Reply  


#131. To: buckeroo (#129)

The computer continually checks and updates itself. I have faith in it.

ROTFL.

I laugh to, sometimes...."all the way to the bank."

I am a stickler to reconcile my transactions to the penny.

Every error that occasionally showed up during the day was always corrected by the computer at midnight.

My Money....My Faith.

Your Bad Computers....Your Problems.

And that is the way the cookie crumbles ...

Gatlin  posted on  2018-02-08   8:42:41 ET  Reply   Trace   Private Reply  


#132. To: Vicomte13 (#123)

This probably reads like a challenge, because that is the way of LibertysFlame. I promise you that it is not.

I know that ...

Gatlin  posted on  2018-02-08   8:44:42 ET  Reply   Trace   Private Reply  


#133. To: Gatlin (#131) (Edited)

Again, as opposed to evading a question pertinent to your "genius" for day trading, what graphical user interface do you use? Since you are a high power user making HUGE profits, you have an obligation to the channel to let us know how you collect the data in order to make buy/sell decisions.

As an example, I use TD Ameritrade software. What do you use?

buckeroo  posted on  2018-02-08   8:53:31 ET  Reply   Trace   Private Reply  


#134. To: buckeroo, A K A Stone (#133)

Since you are a high power user making HUGE profits
I am not a high power making HUGE profits.

I am a just a low power, old country boy with a high school education, making MANY little profits....over and over, time and time again.

And that is the way the cookie crumbles ...

... you have an obligation to the channel to let us know how you collect the data in order to make buy/sell decisions.
I have no obligation to do shit for you....and I never would. Stone asked me to do this thread, and I am because I like him. Keep you ass off the thread if it holds no interest for you and take your snippy remarks elsewhere.

Gatlin  posted on  2018-02-08   9:04:42 ET  Reply   Trace   Private Reply  


#135. To: buckeroo (#133) (Edited)

I use TD Ameritrade software. What do you use?

I use no software....I have a brain and I use it.

Barchart has all the graphs,charts and background data I ever need ...

Geeze, man...look at my results yesterday. The numbers were verifable.

I generally do 4 times that activity.

Just stop and admit that you are exchanging comments with someone much smarter you .

Gatlin  posted on  2018-02-08   9:06:56 ET  Reply   Trace   Private Reply  


#136. To: Gatlin (#135)

I use no software....I have a brain and I use it.

YET ON POST #128: The computer continually checks and updates itself. I have faith in it.

ROTFL

buckeroo  posted on  2018-02-08   9:11:46 ET  Reply   Trace   Private Reply  


#137. To: Gatlin (#125)

I obviously used a misnomer, I should not have used the term “paper gain.” I see the confusion I caused. I should have tried to find a different term. Perhaps this will explain what I meant. The broker’s computer shows in one column the stocks daily gain/loss for the current day (continually updating throughout the day )in one column. In the next column, the computer shows your actual gain/loss updated (als continually updating). Those numbers were only for yesterday. So over a period of say five days, on the fifth day the daily gain fo those stocks may be $1,000....but my gain could show $3,000 (over the 5 day period). I always can see what the stocks are doing overall in any moment of time during the day....as well as I can see what my stocks are doing in that moment of time with a continuing computation.

To try to simplify. That $2,000 number is what the stocks did that particular day, and it is continually updated during the day ....the $400 number is what my stocks did since I purchased them and it is continually updaed thoughout the day. That’s probably a better way of explaining it...I hope.

I get it. Thanks. The way I would describe it is that as of close yesterday, you had a nominal (paper), unrealized gain of $418.55. You will have realized gains when you sell your securities. You may also earn dividend income if you hold the security on the dividend date.

That all makes sense.

Could you discuss the transaction costs - what it costs to buy and sell, and custodial fees? Also, could you discuss the fees for the data you use?

Thanks!

Vicomte13  posted on  2018-02-08   9:12:06 ET  Reply   Trace   Private Reply  


#138. To: buckeroo (#136) (Edited)

Two different aspects.

My Brain..Their Computer to do what I tell it to do.

EDIT: I still use NO software.

Gatlin  posted on  2018-02-08   9:14:43 ET  Reply   Trace   Private Reply  


#139. To: Gatlin (#130)

I am going to have to leave you shortly for a few hours....I will be busy. I only have 3 stocks lined up for today’s buy and I want at least 5 to add to yesterday. I am again building up to 20.

Probably lots of mistakes in these last posts....sorry, I am in a hurry and I do enjoy trading comments with you.

Have a great morning ...

You too.

Let's talk after 4 PM.

I am enjoying this discussion.

Vicomte13  posted on  2018-02-08   9:14:47 ET  Reply   Trace   Private Reply  


#140. To: Vicomte13 (#137)

It’s $5.95 per trade in the amounts I normally deal.

Higher number of stocks or higher dollar amounts = higher trade costs.

No custodial fees....no membership dues.

Gatlin  posted on  2018-02-08   9:21:22 ET  Reply   Trace   Private Reply  


#141. To: Gatlin (#138)

buckeroo  posted on  2018-02-08   9:25:21 ET  Reply   Trace   Private Reply  



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