mathjak's daytrading adventures

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amdda01
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Re: mathjak's daytrading adventures

Post by amdda01 » Mon Dec 16, 2019 3:11 pm

Take her to Canal - Is she cool with knockoffs?
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mathjak107
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Re: mathjak's daytrading adventures

Post by mathjak107 » Mon Dec 16, 2019 3:21 pm

I wish. Ha ha ha .......you don’t know my wife .......although I have to admit she is pretty good about what she buys .. but we do like taking some profits and binging one or two times a year
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Re: mathjak's daytrading adventures

Post by amdda01 » Tue Dec 17, 2019 9:25 am

MJ,

GBTC down 2.5% today - Whatcha gonna do?
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mathjak107
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Re: mathjak's daytrading adventures

Post by mathjak107 » Tue Dec 17, 2019 9:51 am

I hold gbtc for at least a 10%range ...it can move 5-6% in minutes.... I hold it until it pops. It always does .it is just so volatile.

If it dips enough I likely will add 500 more shares ,, 1500 shares is my max I would buy
—————————————————
Done added more shares...
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 18, 2019 10:27 am

amdda01 wrote:
Tue Dec 17, 2019 9:25 am
MJ,

GBTC down 2.5% today - Whatcha gonna do?
Sold today at a nice gain. What a big jump today
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Re: mathjak's daytrading adventures

Post by amdda01 » Wed Dec 18, 2019 11:15 am

MJ,

I'm confused.

I'm showing +4.24% today gain / +0.60% overall gain.

Where does the 10% come into play?
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 18, 2019 11:35 am

I sold around 8.50. But I never said it is up 10%..I think it was up on the day around 6%’. I cleared around 450..the 10% is the stop loss I set on it. I am at the Bronx Zoo now so I will look at the numbers later
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Re: mathjak's daytrading adventures

Post by amdda01 » Wed Dec 18, 2019 11:50 am

So to recap, you're looking for 2% gain (8.30 --> 8.50) or max 10% loss.

Don't feed the bears.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 18, 2019 12:11 pm

I usually go for at least 2% I will average down on stuff like this and gold and tlt if it falls

There is always a pop that gets me out when you hold something like gbtc short term after a deep sell off . i only buy gbtc when it has fallen a lot . . I would never buy if it is headed higher and higher.

yesterday
I added a lot more gbtc before the close at 8.03 after it fell enough to do that . My cost was much lower than the 8.30 or so on the first buy
Last edited by mathjak107 on Wed Dec 18, 2019 1:30 pm, edited 1 time in total.
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 18, 2019 12:38 pm

Remember this is 2% moves every 1 to 3 days for the most part.

so when you ask if i would risk 5-10% to make 2% ? i sure would because that is over and over over again . on an annualized basis it is very high ..
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Re: mathjak's daytrading adventures

Post by pugchief » Wed Dec 18, 2019 2:02 pm

mathjak107 wrote:
Wed Dec 18, 2019 11:35 am
I am at the Bronx Zoo now so I will look at the numbers later
You're at the zoo, but looking at the forum instead of the animals? ???
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Re: mathjak's daytrading adventures

Post by mathjak107 » Wed Dec 18, 2019 2:18 pm

my wife and i are photography buffs ... i think i spend half my life waiting for her in some shape or form ...

she can take so many shots of the the same bird or animal it goes on for quite a while , me , 5 minutes and i am ready to move on , so i keep busy , but i hate typing on that little phone .. my one finger i use just seems to hit all the keys i don't want and that autofill can drive me nuts at times with wrong words ....i will post todays shots as soon as i finish them
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