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Re: mathjak's daytrading adventures
Posted: Tue Dec 17, 2019 9:51 am
by mathjak107
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...
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 10:27 am
by mathjak107
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
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 11:15 am
by amdda01
MJ,
I'm confused.
I'm showing +4.24% today gain / +0.60% overall gain.
Where does the 10% come into play?
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 11:35 am
by mathjak107
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
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 11:50 am
by amdda01
So to recap, you're looking for 2% gain (8.30 --> 8.50) or max 10% loss.
Don't feed the bears.
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 12:11 pm
by mathjak107
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
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 12:38 pm
by mathjak107
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 ..
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 2:18 pm
by mathjak107
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
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 2:30 pm
by amdda01
If it's any consolation, I think every guy spends half his life waiting on his wife.
Now it sounds like a Seinfeld bit.
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 3:18 pm
by mathjak107
She is a very good photographer but just like a woman everything has to be just so .... me , a half dozen shots and if I didn’t nail it then on to the next ha ha .
We are usually out shooting at least an hour or two every chance we get ..we come home with a few hundred shots each and keep a dozen
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 3:38 pm
by mathjak107
While I WAIT for her to finish her photos in the computer so I can start mine , these are some I posted here a few years ago
viewtopic.php?f=9&t=7666&hilit=Mathjak107
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 3:39 pm
by dualstow
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 4:25 pm
by mathjak107
i posted some of todays pics in the discussion forum
Re: mathjak's daytrading adventures
Posted: Wed Dec 18, 2019 10:09 pm
by vnatale
mathjak107 wrote: ↑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
Second that regarding typing on a phone. Pure torture for me. Fast as anything on a computer keyboard. About as far down I'll go on typing is on an iPad or iPad mini. Phone is an absolute last resort.
Vinny
Re: mathjak's daytrading adventures
Posted: Thu Dec 19, 2019 7:29 am
by dualstow
mathjak107 wrote: ↑Wed Dec 18, 2019 2:18 pm
...
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’ll ask you what I asked Vinny: have you tried Swype? (Quickpath on iOS)
Re: mathjak's daytrading adventures
Posted: Thu Dec 19, 2019 7:59 am
by mathjak107
i try to use the phone as little as possible .. usually i take my i-pad which is easier to type on . but some times out of desperation i will resort to it when i am on the go .
Re: mathjak's daytrading adventures
Posted: Thu Dec 19, 2019 8:26 am
by dualstow
mathjak107 wrote: ↑Thu Dec 19, 2019 7:59 am
i try to use the phone as little as possible .. usually i take my i-pad which is easier to type on . but some times out of desperation i will resort to it when i am on the go .
ipadOS has quickpath.
Re: mathjak's daytrading adventures
Posted: Thu Dec 19, 2019 8:27 am
by mathjak107
i will have to see what that is ....
Re: mathjak's daytrading adventures
Posted: Mon Dec 23, 2019 12:09 pm
by HappyMan
mathjak,
Are you looking at TLT, if not in already?
Re: mathjak's daytrading adventures
Posted: Mon Dec 23, 2019 12:25 pm
by mathjak107
In already.......pretty much have my full position in it..waiting for that tweet that makes it profitable
Re: mathjak's daytrading adventures
Posted: Mon Dec 23, 2019 12:42 pm
by HappyMan
Where do you look for tweets?
Re: mathjak's daytrading adventures
Posted: Mon Dec 23, 2019 12:45 pm
by dualstow
HappyMan wrote: ↑Mon Dec 23, 2019 12:42 pm
Where do you look for tweets?
I think he means here -
https://twitter.com/realDonaldTrump
Re: mathjak's daytrading adventures
Posted: Mon Dec 23, 2019 2:22 pm
by mathjak107
I don’t look , I don’t have to . Every time our leader creates more chaos with a tweet Tlt goes up
Re: mathjak's daytrading adventures
Posted: Tue Dec 24, 2019 9:10 am
by mathjak107
well gold is up now over 7k again since i rebought it , tlt is down though about .50% from where i bought . my inclination is to sell the gold but i am going to hold it a bit longer ...i guess that guarantees it goes down from here ha ha ha
Re: mathjak's daytrading adventures
Posted: Tue Dec 24, 2019 9:33 am
by dualstow
mathjak107 wrote: ↑Tue Dec 24, 2019 9:10 am
well gold is up now over 7k again since i rebought it , tlt is down though about .50% from where i bought
It would be easier to follow if you standardized and expressed the 7K as a % move as well.