Portfolio of the Week

[Lyehopper]

how about this....

I'll say cash is a position for the comp too, but I'll open it for voting and change it if we're outnumbered
Yep, and noon Monday rule is in effect.

You are required to take a stock position (short or long) before noon Monday to be entered in the POTW contest.

Then afterward you can move into and out of cash as desired, remembering of course the penality for each additional round trip you make.... If you stay in cash you still get penalized as a 1 round trip.

[Lyehopper]

ENER's intraday chart....

IS A THING OF BEAUTY! lol

[spikefader]

Monday intraday

[spikefader]

You are required to take a stock position (short or long) before noon Monday to be entered in the POTW contest.

Then afterward you can move into and out of cash as desired, remembering of course the penality for each additional round trip you make.... If you stay in cash you still get penalized as a 1 round trip.

So to clarify, you're saying that if you've got a limit order in waiting to fill and it doesn't by noon, you're disqualified? And further, that if you're in cash, you get penalized 0.1% every time you elect to stay in cash?

[Lyehopper]

Your opinion?

So to clarify, you're saying that if you've got a limit order in waiting to fill and it doesn't by noon, you're disqualified? And further, that if you're in cash, you get penalized 0.1% every time you elect to stay in cash?

Let's say as long as you post your INTENT to trade by noon you're in. I guess you COULD technically sit in cash all week and still win.... With no penality.

I don't know If I like that or not.... Do the current rules cover that?

You get penilized once you move from a stock position BACK into cash and stick there. That's technically NOT a "round" trip but a "half round" trip.... but penalized just the same.

[Lyehopper]

I'm trading

Cover ENER @ market

[Lyehopper]

I'm trading

Buy ENER (long) @ market

[spikefader]

cover GMW 16.00
short DPH 0.48

[spikefader]

Let's say as long as you post your INTENT to trade by noon you're in. I guess you COULD technically sit in cash all week and still win.... With no penality.

I don't know If I like that or not.... Do the current rules cover that?

You get penilized once you move from a stock position BACK into cash and stick there. That's technically NOT a "round" trip but a "half round" trip.... but penalized just the same.

OK, intent to trade has to be in the form of an limit order by noon.
No sitting in cash all week (I doubt anyone would) gotta have an open position on at least 3 days out of the 5.

[spikefader]

just realized I've got dmk's as a short, so I'll fix that next post.

[Lyehopper]

YEE HAAA! rooky freakin mistake!

Lye you IDIOT!!! Day trading is a rush ain't it! Gotta hold, Gotta hold!

PS I'm really trading this thing too.... With my "rat hole dollars".... you know the same kinda money The Titans bring to Vegas.lol

[Lyehopper]

Kool! it's a rule.

OK, intent to trade has to be in the form of an limit order by noon.
No sitting in cash all week (I doubt anyone would) gotta have an open position on at least 3 days out of the 5.

I like that.... "intent to trade".... sounds like a good movie title.lol

[jiesen]

limit order

I'm putting in a limit sell of my GFCI.PK at 0.45. (sort of said it already, but I'll just repeat it anyway)

[jiesen]

Lye you IDIOT!!! Day trading is a rush ain't it! Gotta hold, Gotta hold!

PS I'm really trading this thing too.... With my "rat hole dollars".... you know the same kinda money The Titans bring to Vegas.lol

yeah, that ENER short was a great call, if you'd have just stuck with it! Personally, I hope these oil prices fall a lot more.

[spikefader]

Lye you IDIOT!!! Day trading is a rush ain't it! Gotta hold, Gotta hold!

PS I'm really trading this thing too.... With my "rat hole dollars".... you know the same kinda money The Titans bring to Vegas.lol

That's the wicked rush of emotion heh! And it's what ya gotta fight. It's like the three L's in real estate........but in trading we need Logic Logic Logic! and not the three Es!