You wanna get rich? You just might if you follow this advice.
Gatlins Stock tips and money advice
| Source: | None |
| Published: | Feb 5, 2018 |
| Author: | Hopefully Gatlin |
| Post Date: | 2018-02-05 18:32:47 by A K A Stone |
| Views: | 44276 |
| Source: | None |
| Published: | Feb 5, 2018 |
| Author: | Hopefully Gatlin |
| Post Date: | 2018-02-05 18:32:47 by A K A Stone |
| Views: | 44276 |
You wanna get rich? You just might if you follow this advice.
#66: Gatlin To: A K A Stone (#65)
For those of you who are following this thread and are interested, I will take you through my process this one time. only.
This is the first time in three days that I find a stock to fit my buy perimeters. If you remember from a previous post, I generally have over 250 to go through. For the last couple of days the selection has been at 16 and none of the 16 yesterday fit for me.
Note: You may need to refer to a previous post to understand how to follow what I am doing.
I get a 15-minute delayed feed from the markets, [I have no reason to pay money for live feed] I checked at 0746 [my tinme ] and off the 16 equities showing 100%...BINGO the first one was a hit. This ususally doesnt happen and I can spend as long as a hour finding the right stock..
I am going to present the information the way I have it formatted for easy reference to me
You will need to keep the following format in mind. I will not have time to always repost it each time and I will only post the data.
On 02/07, I purchased 580 Shares of ERN Stop Loss Price is $3.60 Current Price / Purchase Price is $3.40=$3.40 Amoun t of Purchase is $20,041.75 Market Value is $20,041.75 Reading from left top right [on the plus and minus signs] there was one day up, then two days down followed by two up days. The jump today was $2.94 and the jump for the past five days was $17.24. As you will recall, this was a good buy for me....so I am off and running....hard.
ERN-01/07-580 ///// 3.36 ///// 3.40=3.40 ///// 20,041.75=20,041.75 ///// ++--+ ///// +2.94 +17.24
Gatlin posted on 2018-02-07 10:27:40 Reply Private Reply
#67: Gatlin To: All (#66)
Gatlin posted on 2018-02-07 10:37:44 Reply Private Reply
#68: Gatlin To: All (#67)
Right now, I must get busy trying to ffnd the next stock to purchase.
It will take a couple days to get back up to the normal 30 I carry.
Later ... ...
Gatlin posted on 2018-02-07 10:41:27 Reply Private Reply
#69: Vicomte13 To: Gatlin (#64)
I concur - this is an interesting thread.
Vicomte13 posted on 2018-02-07 10:53:00 Reply Private Reply
#70: Gatlin To: All (#68)
I dropped my Stop Loss from 1% to 3% - now at 3.30
Remember Protect Loss. Since I dont have near as many stocks as normal, I can take a larger percentage loss on 3 stocks than I could on 30. I forgot to mention in my intital posts that I do fluctuate on the percentage amoung for stock loss.
0932 ERN is up for the day to 8.82% - I am up $75.25.
I must now go look for 2 more stocks and then I feel like stopping there for the day....maybe, maybe not?
Gatlin posted on 2018-02-07 11:40:57 Reply Private Reply
#71: A K A Stone To: Gatlin (#70)
A K A Stone posted on 2018-02-07 11:43:37 Reply Private Reply
#72: Gatlin To: A K A Stone (#71)
Raw land declared as farm land with extremely low taxes is the way he made loads of money over the years.
One of his purchases was a large tract between here and Tucson, he later discovered on an old map that it showed an airstrip on the property. He had been to the acreage a number of times to check the property and never saw an airstrip. He started digging around and a foot below the surface was a paved strip where the blowing dust had accumulated soil over the years. Checking history, he found out it was an auxiliary landing stirp for flight training out of Tucson.
I lost touch with him about ten years ago when he moved to Vegas. He join our four- wheeling excursions and follow our Range Rover on off-road treks in his all-wheel- drive Porsche. Wild! Four-wheeling in a Porsche....he obviously made loads of money, eh?
Lots of stories to tell you about him, maybe another time. He won many cross country races is vintage early 1900 vehicles that he restored and maintain himself at his mountainside home here.
Hope there are not to many mistakes here, I am on a table keying quickly while grabbing a quick snack in the dining room and then getting back to work ...
Gatlin posted on 2018-02-07 12:22:35 Reply Private Reply
#73: Gatlin To: All (#72)
ERN is still holding up at 8.82%.
I am now showing an overall loss $234.21 on the 3 stocks.
Damn that DECK....3 time loser and always sucker bait for me.
As Donald would tweet...SAD.
Oh, well, the day is not over.
What the Hell....Ill still try to find 2 more stocks.
I have 4 more hours.
Gatlin posted on 2018-02-07 12:35:41 Reply Private Reply
#74: Gatlin To: All (#73)
Please forgive me DECK for swearing at you....and try to stay nice to me.
Gatlin posted on 2018-02-07 12:45:15 Reply Private Reply
#75: Gatlin To: All (#74)
Gatlin posted on 2018-02-07 12:55:01 Reply Private Reply
#76: VxH To: Vicomte13 (#58)
VxH posted on 2018-02-07 13:07:04 Reply Private Reply
#77: VxH To: Vicomte13 (#57)
VxH posted on 2018-02-07 13:08:23 Reply Private Reply
#78: buckeroo To: Gatlin, A K A Stone (#73)
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.
buckeroo posted on 2018-02-07 13:14:23 Reply Private Reply
#79: VxH To: Vicomte13 (#56)
VxH posted on 2018-02-07 13:21:37 Reply Private Reply
#80: Gatlin To: buckeroo (#78)
I sincerely thank you for your personal comments and wise suggestions.
I will take them under advisement...and I definitely will try hard to control my emotions.
Gatlin posted on 2018-02-07 13:47:03 Reply Private Reply
#81: buckeroo To: Gatlin (#80)
Its about tyme.
Quit losing your emotions for trading purposes. Trading is not the same as going into a fly bar and becoming all dazzled because you want to hump the first woman you meet.
buckeroo posted on 2018-02-07 14:07:00 Reply Private Reply
#82: Pinguinite To: Gatlin (#61)
With stocks, the assumption is the US dollar value is fixed while the stock value fluctuates. In forex, both the dollar and a competing currency are understood to fluctuate in value relative to one another, and it doesn't really matter if the true absolute value changes. In fact if you long the EURO/USD pair and the EURO loses value, as long as the USD loses value faster than the EURO, you still make money as the chart registers an increase in price.
I suppose technically, when you buy a stock you are implicitly shorting the US dollar at the same time, as you are in fact trading dollars away to gain something you expect will perform better than those dollars will for the duration of the trade.
Pinguinite posted on 2018-02-07 14:29:31 Reply Private Reply
#83: Gatlin To: Pinguinite (#82)
I only know what forex is.....nothing more.
Gatlin posted on 2018-02-07 15:26:42 Reply Private Reply
#84: buckeroo To: Gatlin (#83)
You don't travel beyond Scottsdale Arizona, do ya?
buckeroo posted on 2018-02-07 15:30:55 Reply Private Reply
#85: Gatlin To: buckeroo (#81)
But at age 84, I know that I still do enjoy having sex with my wife every day of the year.
That is....except during the entire month of August.
I miss it then, because August is when my next door neighbor who helps me on and off goes on vacation.
I will not be emotional....I will not be emotional....I will not be emotional....
Gatlin posted on 2018-02-07 15:39:54 Reply Private Reply
#86: Gatlin To: buckeroo (#84)
Oh, yea....I do get to Phoenix every week or so.
But beyond that, I dont get out of Scottsdale anyone.
I used to though, when each year from 1965 through 1985, my wife and I spent a month each summer traveling throughout Europe while we based out of Austria.
After we gave that up, we bought a series of motor homes and traveled extensively throughout the U.S. until we got tired of doing that.
All I do now is just sit here all day and make money.
As Donald would tweet....Sad.
Gatlin posted on 2018-02-07 15:56:18 Reply Private Reply
#87: Vicomte13 To: VxH (#76)
Vicomte13 posted on 2018-02-07 16:44:54 Reply Private Reply
#88: Vicomte13 To: VxH (#79)
Vicomte13 posted on 2018-02-07 16:47:02 Reply Private Reply
#89: Vicomte13 To: VxH (#77)
Vicomte13 posted on 2018-02-07 16:47:35 Reply Private Reply
#90: Vicomte13 To: Gatlin (#72)
Yep. There's a Mark 1, Mod 0 investment that works out very well for the patient and prudent.
Vicomte13 posted on 2018-02-07 16:48:49 Reply Private Reply
#91: VxH To: Vicomte13 (#87)
Meanwhile, the REALITY is that TeamUSA does, in fact, subsidize athletes who are in high school, thus rendering your assertion FALSE.
Why don't you go get your whining sponsored by your beloved France, Surrender Monkey?
VxH posted on 2018-02-07 16:50:23 Reply Private Reply
#92: Vicomte13 To: VxH (#79)
Same thing with airplanes and helicopters. 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.
Vicomte13 posted on 2018-02-07 16:50:37 Reply Private Reply
#93: Vicomte13 To: VxH (#91)
Yes, Team USA subsidizes my daughter, a PITTANCE, not even a percentage of what it costs to do the sport.
So, as with all things, it is a matter of degree.
Internet trolls such as yourself get energy out of calling names, etc. People yell at you, and you like that.
I'm past it. You just can't be taken seriously.
Vicomte13 posted on 2018-02-07 16:52:55 Reply Private Reply
#94: Vicomte13 To: VxH (#91)
If we lived in France, we would. But we live in America, so we go win medals for America.
I DO love France, that's true. I also love Michigan, New England, San Diego - quite a few places.
You don't love anything, because you're a twisted, bitter person whose energy is devoted to raging at strangers on the Internet. I pity you.
As far as Surrender Monkey's go, we all think the tax system is unfair, and we all pay our taxes anyway out of fear of the IRS and its enforcement, so we've all surrendered to the reality of power in this world. You, me, everybody else here.
Vicomte13 posted on 2018-02-07 16:56:35 Reply Private Reply
#95: VxH To: Vicomte13 (#92)
Funny how you want a Jewbilly so other people's resources essentially get redistributed to finance your high flying bullshyte, but you don't have common sense to change a sparkplug yourself - and have to lease vehicles because neither you or your wife have the discipline, required of any army private, to RTFM and have your property serviced according to the specified maintenance schedule.
Awesome stewardship. NOT.
Top that all off with your presumption that people should take your financial advice seriously - when the character you continuously put on display is consistent with a pathologically lying grifter.
VxH posted on 2018-02-07 17:02:04 Reply Private Reply
#96: VxH To: Vicomte13 (#93)
Uhuh. So basically you were lying, as usual, when you said they didn't. You just want more. Well BOO FRIGGIN HOO for you.
How much does it cost to fly your airplane (or at least the one you can't change the sparkplugs in) Your Worshipfulness?
VxH posted on 2018-02-07 17:05:26 Reply Private Reply
#97: VxH To: Vicomte13 (#94)
Uhuh. So you expect TeamUSA to subsidize you until what - ViCinderela Jr. can't make the cut?
VxH posted on 2018-02-07 17:07:27 Reply Private Reply
#98: Vicomte13 To: VxH (#95)
Well, VxH, truth is, I'm a pretty impressive guy, with a pretty impressive resume, military career, and legal career. And I've got a beautiful family, and a nice house.
I get paid to give advice to people, and the advice I give is good.
You, on the other hand, are just a yapping mouth on the Internet. You point to the most petty of things as though you are making an effective indictment of my character. It's silly.
Truth is, anybody who listened to and took the advice I've given so far on this thread would be the better for it, and I intend to go on giving similar advice.
I am sure you will keep yapping your shit-trap at me, and I'm sure you will continue to think that you are scoring "points" in some invisible game.
I'm equally sure that you've made clear to everybody else (except the other guy who hates me) that you're a disruptive troll. YOU haven't offered any advice at all, other than "Don't listen to HIM!" while pointing at me.
It's a strange place, the Internet, populated by all sorts of kookburgers like you. But I guess I post here, in a very open and only lightly- moderated form, so having to deal with the likes of you is just one of the crosses I'll have to bear. It's a light one. I don't take you seriously. I doubt anyone else does.
I am giving serious, thoughtful advice on this particular thread. And as I return to this subject matter, after this walk through the wilderness of kookburgerville with you (which I sincerely hope that A K A Stone will delete in its entirety, because it's all utterly off topic, and completely useless to this thread), I'll just wish you a good night.
Now back to our regular programming.
Vicomte13 posted on 2018-02-07 17:24:03 Reply Private Reply
#99: Vicomte13 To: VxH (#97)
Hah! You have no idea what you're talking about.
Vicomte13 posted on 2018-02-07 17:24:45 Reply Private Reply
#100: Vicomte13 To: VxH (#96)
Ask the Navy. YOU were paying for it. I wasn't.
Vicomte13 posted on 2018-02-07 17:25:20 Reply Private Reply
#101: Vicomte13 To: VxH (#95)
So, you're an anti-Semite also. Figures. Your type always seems to go there.
Vicomte13 posted on 2018-02-07 17:25:56 Reply Private Reply
#102: Vicomte13 To: A K A Stone (#95)
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 Reply Private Reply
#103: A K A Stone To: VxH (#97)
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 Reply Private Reply
#104: A K A Stone To: Vicomte13 (#102)
A K A Stone posted on 2018-02-07 17:28:57 Reply Private Reply
#105: VxH To: Vicomte13 (#99)
VxH posted on 2018-02-07 17:33:23 Reply Private Reply
#106: VxH To: Vicomte13 (#100)
No retirement?
VxH posted on 2018-02-07 17:38:53 Reply Private Reply
#107: Hondo68 To: Vicomte13, Vic Snowflake, safespace, VxH (#102)
Hondo68 posted on 2018-02-07 17:41:20 Reply Private Reply
#108: Vicomte13 To: Gatlin (#86)
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 Reply Private Reply
#109: Vicomte13 To: hondo68 (#107)
Vicomte13 posted on 2018-02-07 18:03:39 Reply Private Reply
#110: VxH To: Vicomte13 (#92)
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 Reply Private Reply
#111: Vicomte13 To: VxH (#110)
So therefore you are uninterested in discussing economics on this thread?
Vicomte13 posted on 2018-02-07 18:06:42 Reply Private Reply
#112: VxH To: Vicomte13 (#111)
VxH posted on 2018-02-07 18:10:15 Reply Private Reply
#113: Vicomte13 To: VxH (#112)
Vicomte13 posted on 2018-02-07 18:24:11 Reply Private Reply
#114: VxH To: All (#110)
VxH posted on 2018-02-07 18:49:37 Reply Private Reply
#115: VxH To: Vicomte13 (#111)
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 Reply Private Reply