If you had $1000 to invest....

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GMJS-CEO
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Re: If you had $1000 to invest....

Post by GMJS-CEO »

We've been trading leveraged ETFs and selling out of the money (well out) covered calls with great success. I am getting my Series 65 in the next few months.

I personally have holdings of TQQQ & UDOW, as well as a number of equities (GTES & EHTH are favorites but will take profits soon). TQQQ may be overvalued but I am holding my positions with Stop loss trades in the event of a crash.

I trade on Margin, Interactive Brokers is the best margin rates I have found and also had the best availability of shortable securities.
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Phnom Poon
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Re: If you had $1000 to invest....

Post by Phnom Poon »

all time high for gold

these breaks are usually either a nose above water, before bobbing down again
or a leaping gasp, maybe worth 50-100 points here, before splashing back

.

monstra mihi bona!
explorer
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Re: If you had $1000 to invest....

Post by explorer »

Anyone thinking of investing, check out this topic.

business-and-finance/stock-market-unusu ... 39561.html
## I thought I knew all the answers, but they changed all the questions. ##
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Duncan
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Re: If you had $1000 to invest....

Post by Duncan »

Phnom Poon wrote: Fri Jul 24, 2020 8:23 pm all time high for gold

these breaks are usually either a nose above water, before bobbing down again
or a leaping gasp, maybe worth 50-100 points here, before splashing back

Cambodia is getting richer ?


Quote ]
He cited a speech purportedly made by HE in October last year that Cambodia had 30 tonnes of gold as foreign exchange reserves - 12 tonnes in Switzerland, 15 tonnes in England, and three tonnes in the National Bank of Cambodia (NBC)
Cambodia,,,, Don't fall in love with her.
Like the spoilt child she is, she will not be happy till she destroys herself from within and breaks your heart.
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SternAAlbifrons
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Re: If you had $1000 to invest....

Post by SternAAlbifrons »

Well, ^^^ at least they left the tip of the icberg in the public account.
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Re: If you had $1000 to invest....

Post by amatuertrader »

It's easy to set up an online trading account at etrade.com.

Right now the markets are very confused, lot's of people see it either headed for a boom or a complete collapse.

Some individual stocks seem way too high, but they keep going higher?

The indexes, DOW, S&P 500 and Nasdaq and crude oil have been swinging up and down like a see-saw.

My recent strategy has been not to try and figure the market out, but just jump in and ride a rally or a plunge.

It's fairly safe if you follow up your purchase with a Stop Loss order that will protect you from catastrophe.
I don't mind risking 1% or 1.5% of my investment and am happy with a 1% gain.

A 1% gain is not much money but if you average that once a week for 50 weeks that is a 50% profit.

I like to trade Index Etfs (exchange traded funds) as they are easy to watch at Marketwatch.com.
They also have cool new Ultra Etfs that return a double or triple return as well as Etfs that you use to long or short the market.

I use
TECL = 3X Nasdaq bull
TECS = 3x Nasdaq bear
SSO = ultra S&P 500 bull
SDS = ultra S&P 500 bear
UDOW = ultra Dow bull
SDOW = ultra Dow bear'
GUSH =ultra Oil bull
DRIP = Oil bear

I compare my strategy to surfing.
You get to the beach early in the morning.
If the waves look promising you get in the water.
Often, you have to sit around on your board waiting for a big wave.
At some point you see one that might be worth riding and give it a try, if it turns out to be not much, you jump off and wait some more.
Some days there are not any waves and some days the surfing is fantastic.

I try not to hold a position over night because the markets can change direction quickly as they traded after hours all night by some and I am only allowed to trade 2 hours after close and my Stop Loss orders don't activate on the market after close. In other words, exposing my investment to risks I can't control.
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Yerg
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Re: If you had $1000 to invest....

Post by Yerg »

Hey @rozzieoz, this is an old thread bumped. Is it okay???? :whip:
amatuertrader
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Re: If you had $1000 to invest....

Post by amatuertrader »

Yerg, why wouldn't it be ok? It's still a valid and timely topic.
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Yerg
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Re: If you had $1000 to invest....

Post by Yerg »

amatuertrader wrote: Mon Aug 10, 2020 5:52 am Yerg, why wouldn't it be ok? It's still a valid and timely topic.
Old joke... never mind... carry on.
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Re: If you had $1000 to invest....

Post by explorer »

People who don't have a secure regular income should think about how they can invest to get the maximum out of the money they have. We might be in a financial crisis for years.
## I thought I knew all the answers, but they changed all the questions. ##
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