Jesus Christ- TRADING sure gets confusing. - GoFuckYourself.com

MrMaxwell · 04-23-2013, 07:27 PM

After almost a half of an hour of reading, this is the best sense I can make of it all. Thank god I didn't have a position. I learned more about OTC trading from reading posts between April 17 and today than I have in months reading other shit:

http://www.otcmarkets.com/stock/BOPT/chart

http://investorshub.advfn.com/boards...ge_id=87181077

My post there, in case some moron deletes it (they do that all the time on bihub)

Am I getting this all figured out? I'm very new to trading but

1. Infamous SMA pump

2. Unlike most SMA pumps they didn't even manage to run the PPS up before it crashed (I understand a lot of pumps don't have to raise the PPS in order to be successful- sometimes they just keep the price stable or from completely crashing while insiders dump a trillion shares)

3. There is this U3 halt by FINRA

4. Some people argued about it being a HALT and NOT a SUSPENSION

5. Some people argued about it going grey, which it ended up doing

6. Miss Angel has been e-mailing the company and they denied that any insider selling happened

7. Somewhere along the way I learned why SHORT data is such BS. I never realized that, the daily short volume has nothing to do with actual SHORT POSITIONS. Learning to make that distinction helps me A LOT because all I knew before was that I didn't understand the REGSHo and all that ****. Now it makes more sense.

8. Now some people think there will be a huge short squeeze, but then someone said the float is too small to cover the shorts, but the float is 40M and not the 10M someone said AND the actual short positions are nowhere near as large as everyone thought OR we just don't know

9. A company has only been U3 halted once and that was in 2011

10. The vast majority of companies never come back from being grey, but, a select few still manage to trade back up

11. I'm completely lost but this sure is interesting- please correct me if I have any of this wrong

12. Meanwhile I Completely left out the part about the transfer agent!! Did they really leave themselves without a transfer agent?!! That could very definitely be why this happened!

As an aside, it's interesting that it's still on SMA website at http://www.stockmauthority.com/thanks.html but no longer up at http://www.stockmauthority.com/stock-report/

Also, when you think about it, all of the promoters agreed to a certain amount of (or a time frame of) promotion. Halt or no halt. They (should) technically "have to" keep promoting it.

Also, is this traded on the Berlin Exchange where they allow unchecked shorting- or not? If so- how would we find out how much is short?

MrMaxwell · 04-23-2013, 07:38 PM

I think I am figuring shit out fairly well because some well known person just told me a word I have never used!! He told me "Excellent Compendium."

Someone didn't call me an idiot, on bihub. That is a huge accomplishment.

MainstreamGuy · 04-23-2013, 08:03 PM

The 5 Stages to Becoming a Profitable Trader

1. Unconscious Incompetence- Brand new traders enter at this stage, full of excitement and overconfidence that they will amass riches overnight. ?How hard could it be? Price either goes up or down, right?? one may ask. The trader funds his account and starts quickly, taking lots of trades and unknowingly take on lots of risk. After a few initial successes, he is disappointed that price somehow turns on him every time he enters and he subsequently takes revenge by doubling up on new trades.

2. Conscious Competence- After realizing how out of touch with the reality and danger of the market he was, the trader progresses to the next stage and sets out to educate himself by buying loads of systems, ebooks, and courses, searching for the ?holy grail.? The trader seeks advice and entry signals from other traders in forums who brag about their earnings and wonders why it?s not him.

3. The ?Eureka? Moment- At this stage the trader finally realizes that it?s not necessarily the system that?s causing him to lose money, and that even a simple system that is based on how the market works and has a predictable edge can make money, so long as emotions are under control and the trader practices good money management. Once the trader realizes this, he/she can stop caring about what others are saying or trading and stick to one system. The trader executes trades with discipline every time an opportunity comes and doesn?t get disappointed by individual losses as it?s now a certainty that this type of trading will result in a profit over the long run. The light at the end of the tunnel is now visible.

4. Conscious Competence- At the fourth stage the trader now makes trades whenever the system instructs him to, and the trader is fully accepting the risk involved. The trader furthermore cuts losses short and gets out with discipline when things get hairy in the market. Although it?s not quite second nature yet, he knows what it takes to be profitable and now manages to break-even.

5. Unconscious Competence- Finally the trader has achieved victory! He has become so used to trading that it?s become natural. The trader is now able to pick really big trades and hold on to big winners with confidence. Furthermore, he has mastered his emotions and is now profitable.

2013 · 04-23-2013, 08:16 PM

JC has nothing to do with your stupid threads

slapass · 04-23-2013, 08:23 PM

You are trading the stuff that is true garbage. Why bother? It is the arm pit of trading.

MrMaxwell · 04-24-2013, 12:27 AM

Quote:

Originally Posted by MainstreamGuy

The 5 Stages to Becoming a Profitable Trader

1. Unconscious Incompetence- Brand new traders enter at this stage, full of excitement and overconfidence that they will amass riches overnight. ?How hard could it be? Price either goes up or down, right?? one may ask. The trader funds his account and starts quickly, taking lots of trades and unknowingly take on lots of risk. After a few initial successes, he is disappointed that price somehow turns on him every time he enters and he subsequently takes revenge by doubling up on new trades.

2. Conscious Competence- After realizing how out of touch with the reality and danger of the market he was, the trader progresses to the next stage and sets out to educate himself by buying loads of systems, ebooks, and courses, searching for the ?holy grail.? The trader seeks advice and entry signals from other traders in forums who brag about their earnings and wonders why it?s not him.

3. The ?Eureka? Moment- At this stage the trader finally realizes that it?s not necessarily the system that?s causing him to lose money, and that even a simple system that is based on how the market works and has a predictable edge can make money, so long as emotions are under control and the trader practices good money management. Once the trader realizes this, he/she can stop caring about what others are saying or trading and stick to one system. The trader executes trades with discipline every time an opportunity comes and doesn?t get disappointed by individual losses as it?s now a certainty that this type of trading will result in a profit over the long run. The light at the end of the tunnel is now visible.

4. Conscious Competence- At the fourth stage the trader now makes trades whenever the system instructs him to, and the trader is fully accepting the risk involved. The trader furthermore cuts losses short and gets out with discipline when things get hairy in the market. Although it?s not quite second nature yet, he knows what it takes to be profitable and now manages to break-even.

5. Unconscious Competence- Finally the trader has achieved victory! He has become so used to trading that it?s become natural. The trader is now able to pick really big trades and hold on to big winners with confidence. Furthermore, he has mastered his emotions and is now profitable.

I never had phase 1, at all. It's all crooked, It's all complex, I knew these things before I ever started reading anything.

I never had phase 2, and don't fall for most gurus. I like Skyes because of his balls out style and his actual intelligence but I don't think it's easy to short.

Phase 3, Never had that

Phase 4, I'm getting there

5: I never had to worry about the emotions of trading and never will. I admit when I am wrong extremely easily and can close a position. A lot of people can't, because they're stupid. Second nature? Give me a few years.

edgeprod · 04-24-2013, 07:10 AM

Buy: ZNGA, T, FB, and 1000 troy oz. of silver

Check back here in 12 months with the results, including your dividends from T.

MrMaxwell · 04-24-2013, 02:20 PM

Quote:

Originally Posted by edgeprod

Buy: ZNGA, T, FB, and 1000 troy oz. of silver

Check back here in 12 months with the results, including your dividends from T.

ZNGA I made a little on but it didn't respond to the news about real money like I had hoped it would

Dirty F · 04-24-2013, 03:40 PM

Unstable people with severe mental issues like you should not be trading.

Vapid - BANNED FOR LIFE · 04-24-2013, 03:45 PM

$152.95593 ?

DBS.US · 04-24-2013, 06:01 PM

Quote:

Originally Posted by edgeprod

Buy: ZNGA, T, FB, and 1000 troy oz. of silver

Check back here in 12 months with the results, including your dividends from T.

My 12 month picks:

Fannie Mae (FNMA) now is $ 0.8200 http://www.barchart.com/quotes/stocks/FNMA
Kb Home (KBH) now is $21.97 http://www.barchart.com/quotes/stocks/KBH
Citigroup Inc. (C) now is $47.12 http://www.barchart.com/quotes/stocks/C
Bank Of America Corp. (BAC) now is $12.31 http://www.barchart.com/quotes/stocks/BAC
Ford Motor Company (F) now is $13.33 http://www.barchart.com/quotes/stocks/F

MrMaxwell · 04-24-2013, 07:08 PM

Here's one to keep an eye on, too http://www.nasdaq.com/symbol/wtw/interactive-chart

DBS.US · 04-24-2013, 07:55 PM

Quote:

Originally Posted by MrMaxwell

Here's one to keep an eye on, too http://www.nasdaq.com/symbol/wtw/interactive-chart

Weight Watchers International Inc WTW $42.00 http://www.barchart.com/quotes/stocks/WTW

MainstreamGuy · 04-24-2013, 08:05 PM

Buy Kodak.

Stay away from FaceBook as much as you can. Who can be so stupid to buy Facebook, when people LOST thousands of millions the first month it went out.

And forget about Day Trading. Day Trading is gambling. If you want to invest, you should have a minimum of 3 month span. Ideal is 1 year. Buy/Sell now and look for 1 year horizon.

edgeprod · 04-24-2013, 08:39 PM

Quote:

Originally Posted by DBS.US

My 12 month picks:

Fannie Mae (FNMA) now is $ 0.8200 http://www.barchart.com/quotes/stocks/FNMA
Kb Home (KBH) now is $21.97 http://www.barchart.com/quotes/stocks/KBH
Citigroup Inc. (C) now is $47.12 http://www.barchart.com/quotes/stocks/C
Bank Of America Corp. (BAC) now is $12.31 http://www.barchart.com/quotes/stocks/BAC
Ford Motor Company (F) now is $13.33 http://www.barchart.com/quotes/stocks/F

Let's meet back here in 3, 6, 9, and 12 months -- it'll be interesting!

I'm holding everything I recommended. I'll pick up some of yours for fun, too.

DBS.US · 04-24-2013, 08:56 PM

Quote:

Originally Posted by edgeprod

Let's meet back here in 3, 6, 9, and 12 months -- it'll be interesting!

I'm holding everything I recommended. I'll pick up some of yours for fun, too.

Cool,

Todays prices for later reference. April 24, 2013
Zynga Inc. (ZNGA) $3.35
AT&T Inc. (T) $37.04
Facebook Inc (FB)$26.11
Oz Silver $23.49

Eastman Kodak Co (OTCQB:EKDKQ) $0.307

Vapid - BANNED FOR LIFE · 04-24-2013, 09:05 PM

Bitcoin's $155.

DBS.US · 04-24-2013, 09:07 PM

Quote:

Originally Posted by MainstreamGuy

Buy Kodak.

Stay away from FaceBook as much as you can. Who can be so stupid to buy Facebook, when people LOST thousands of millions the first month it went out.

And forget about Day Trading. Day Trading is gambling. If you want to invest, you should have a minimum of 3 month span. Ideal is 1 year. Buy/Sell now and look for 1 year horizon.

Normally I stay away from companies that have filed bankruptcy, but I did make a nice return on America Airlines after buying them six months ago after they filed bankruptcy. https://www.google.com/finance?cid=13640564

bigluv · 04-26-2013, 11:57 AM

Just wanted to say, the bright spot of this post for me was, that you go on other forums. Good job, keep it up.

edgeprod · 04-26-2013, 03:38 PM

Quote:

Originally Posted by DBS.US

Normally I stay away from companies that have filed bankruptcy, but I did make a nice return on America Airlines after buying them six months ago after they filed bankruptcy. https://www.google.com/finance?cid=13640564

I look for companies that have more upside than downside. Google, for example, can lose 50% value (as it did a couple of years ago) as easily as it can gain 20%. AT&T (T) not only pays a healthy dividend, it has a good balance sheet and has been a steady earner for me since I bought it around $19, and again in the $20's.

seoxpertz · 04-27-2013, 02:48 AM

Quote:

Originally Posted by MainstreamGuy

The 5 Stages to Becoming a Profitable Trader

1. Unconscious Incompetence- Brand new traders enter at this stage, full of excitement and overconfidence that they will amass riches overnight. ?How hard could it be? Price either goes up or down, right?? one may ask. The trader funds his account and starts quickly, taking lots of trades and unknowingly take on lots of risk. After a few initial successes, he is disappointed that price somehow turns on him every time he enters and he subsequently takes revenge by doubling up on new trades.

2. Conscious Competence- After realizing how out of touch with the reality and danger of the market he was, the trader progresses to the next stage and sets out to educate himself by buying loads of systems, ebooks, and courses, searching for the ?holy grail.? The trader seeks advice and entry signals from other traders in forums who brag about their earnings and wonders why it?s not him.

3. The ?Eureka? Moment- At this stage the trader finally realizes that it?s not necessarily the system that?s causing him to lose money, and that even a simple system that is based on how the market works and has a predictable edge can make money, so long as emotions are under control and the trader practices good money management. Once the trader realizes this, he/she can stop caring about what others are saying or trading and stick to one system. The trader executes trades with discipline every time an opportunity comes and doesn?t get disappointed by individual losses as it?s now a certainty that this type of trading will result in a profit over the long run. The light at the end of the tunnel is now visible.

4. Conscious Competence- At the fourth stage the trader now makes trades whenever the system instructs him to, and the trader is fully accepting the risk involved. The trader furthermore cuts losses short and gets out with discipline when things get hairy in the market. Although it?s not quite second nature yet, he knows what it takes to be profitable and now manages to break-even.

5. Unconscious Competence- Finally the trader has achieved victory! He has become so used to trading that it?s become natural. The trader is now able to pick really big trades and hold on to big winners with confidence. Furthermore, he has mastered his emotions and is now profitable.

Really wise words mate.

edgeprod · 11-21-2013, 12:38 PM

Quote:

Originally Posted by DBS.US

Cool,

Todays prices for later reference. April 24, 2013
Zynga Inc. (ZNGA) $3.35
AT&T Inc. (T) $37.04
Facebook Inc (FB)$26.11
Oz Silver $23.49

Eastman Kodak Co (OTCQB:EKDKQ) $0.307

Checking in a bit after 6 months ...

As of this moment:

Zynga Inc. (ZNGA) $4.41
AT&T Inc. (T) $35.32 (with thousands in dividends paid already)
Facebook Inc (FB)$47.00
Oz Silver $20.34 (buy more!)

Hope you guys took my recommendations and bought them.

Your pick of Eastman Kodak is at 0.02, a fairly dramatic drop.

We'll check again at the 12-month mark.

slapass · 11-21-2013, 12:48 PM

Quote:

Originally Posted by edgeprod

Buy: ZNGA, T, FB, and 1000 troy oz. of silver

Check back here in 12 months with the results, including your dividends from T.

Not too bad

keysync · 11-21-2013, 01:36 PM

Eastman Kodak stock just now. $23.23
http://finance.yahoo.com/q?s=KODK

edgeprod · 11-21-2013, 01:41 PM

Quote:

Originally Posted by keysync

Eastman Kodak stock just now. $23.23
http://finance.yahoo.com/q?s=KODK

That's not the same security.

bronco67 · 11-21-2013, 01:46 PM

Some people like to work for their money....some gamble.

edgeprod · 11-21-2013, 01:53 PM

Quote:

Originally Posted by bronco67

Some people like to work for their money....some gamble.

Some do both.

04-23-2013, 07:27 PM	#1
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Jesus Christ- TRADING sure gets confusing. After almost a half of an hour of reading, this is the best sense I can make of it all. Thank god I didn't have a position. I learned more about OTC trading from reading posts between April 17 and today than I have in months reading other shit: http://www.otcmarkets.com/stock/BOPT/chart http://investorshub.advfn.com/boards...ge_id=87181077 My post there, in case some moron deletes it (they do that all the time on bihub) Am I getting this all figured out? I'm very new to trading but 1. Infamous SMA pump 2. Unlike most SMA pumps they didn't even manage to run the PPS up before it crashed (I understand a lot of pumps don't have to raise the PPS in order to be successful- sometimes they just keep the price stable or from completely crashing while insiders dump a trillion shares) 3. There is this U3 halt by FINRA 4. Some people argued about it being a HALT and NOT a SUSPENSION 5. Some people argued about it going grey, which it ended up doing 6. Miss Angel has been e-mailing the company and they denied that any insider selling happened 7. Somewhere along the way I learned why SHORT data is such BS. I never realized that, the daily short volume has nothing to do with actual SHORT POSITIONS. Learning to make that distinction helps me A LOT because all I knew before was that I didn't understand the REGSHo and all that ****. Now it makes more sense. 8. Now some people think there will be a huge short squeeze, but then someone said the float is too small to cover the shorts, but the float is 40M and not the 10M someone said AND the actual short positions are nowhere near as large as everyone thought OR we just don't know 9. A company has only been U3 halted once and that was in 2011 10. The vast majority of companies never come back from being grey, but, a select few still manage to trade back up 11. I'm completely lost but this sure is interesting- please correct me if I have any of this wrong 12. Meanwhile I Completely left out the part about the transfer agent!! Did they really leave themselves without a transfer agent?!! That could very definitely be why this happened! As an aside, it's interesting that it's still on SMA website at http://www.stockmauthority.com/thanks.html but no longer up at http://www.stockmauthority.com/stock-report/ Also, when you think about it, all of the promoters agreed to a certain amount of (or a time frame of) promotion. Halt or no halt. They (should) technically "have to" keep promoting it. Also, is this traded on the Berlin Exchange where they allow unchecked shorting- or not? If so- how would we find out how much is short?

04-24-2013, 08:05 PM	#14
MainstreamGuy So Fucking Banned Industry Role: Join Date: Oct 2011 Posts: 477	Buy Kodak. Stay away from FaceBook as much as you can. Who can be so stupid to buy Facebook, when people LOST thousands of millions the first month it went out. And forget about Day Trading. Day Trading is gambling. If you want to invest, you should have a minimum of 3 month span. Ideal is 1 year. Buy/Sell now and look for 1 year horizon. Last edited by MainstreamGuy; 04-24-2013 at 08:07 PM..

11-21-2013, 01:36 PM	#24
keysync Living the Dream Industry Role: Join Date: Sep 2011 Location: Murica Posts: 2,375	Eastman Kodak stock just now. $23.23 http://finance.yahoo.com/q?s=KODK __________________

11-21-2013, 01:46 PM	#26
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	Some people like to work for their money....some gamble. __________________

04-23-2013, 07:38 PM	#2
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	I think I am figuring shit out fairly well because some well known person just told me a word I have never used!! He told me "Excellent Compendium." Someone didn't call me an idiot, on bihub. That is a huge accomplishment.

04-23-2013, 08:03 PM	#3
MainstreamGuy So Fucking Banned Industry Role: Join Date: Oct 2011 Posts: 477	The 5 Stages to Becoming a Profitable Trader 1. Unconscious Incompetence- Brand new traders enter at this stage, full of excitement and overconfidence that they will amass riches overnight. ?How hard could it be? Price either goes up or down, right?? one may ask. The trader funds his account and starts quickly, taking lots of trades and unknowingly take on lots of risk. After a few initial successes, he is disappointed that price somehow turns on him every time he enters and he subsequently takes revenge by doubling up on new trades. 2. Conscious Competence- After realizing how out of touch with the reality and danger of the market he was, the trader progresses to the next stage and sets out to educate himself by buying loads of systems, ebooks, and courses, searching for the ?holy grail.? The trader seeks advice and entry signals from other traders in forums who brag about their earnings and wonders why it?s not him. 3. The ?Eureka? Moment- At this stage the trader finally realizes that it?s not necessarily the system that?s causing him to lose money, and that even a simple system that is based on how the market works and has a predictable edge can make money, so long as emotions are under control and the trader practices good money management. Once the trader realizes this, he/she can stop caring about what others are saying or trading and stick to one system. The trader executes trades with discipline every time an opportunity comes and doesn?t get disappointed by individual losses as it?s now a certainty that this type of trading will result in a profit over the long run. The light at the end of the tunnel is now visible. 4. Conscious Competence- At the fourth stage the trader now makes trades whenever the system instructs him to, and the trader is fully accepting the risk involved. The trader furthermore cuts losses short and gets out with discipline when things get hairy in the market. Although it?s not quite second nature yet, he knows what it takes to be profitable and now manages to break-even. 5. Unconscious Competence- Finally the trader has achieved victory! He has become so used to trading that it?s become natural. The trader is now able to pick really big trades and hold on to big winners with confidence. Furthermore, he has mastered his emotions and is now profitable.

04-23-2013, 08:16 PM	#4
2013 So Fucking Banned Industry Role: Join Date: Jan 2013 Location: lollling Posts: 4,390	JC has nothing to do with your stupid threads

04-23-2013, 08:23 PM	#5
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,622	You are trading the stuff that is true garbage. Why bother? It is the arm pit of trading.

04-24-2013, 07:10 AM	#7
edgeprod Permanently Gone Industry Role: Join Date: Mar 2004 Posts: 10,019	Buy: ZNGA, T, FB, and 1000 troy oz. of silver Check back here in 12 months with the results, including your dividends from T.

04-24-2013, 03:40 PM	#9
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Unstable people with severe mental issues like you should not be trading.

04-24-2013, 03:45 PM	#10
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	$152.95593 ?

04-24-2013, 07:08 PM	#12
MrMaxwell Too lazy to set a custom title Industry Role: Join Date: Jul 2005 Posts: 10,057	Here's one to keep an eye on, too http://www.nasdaq.com/symbol/wtw/interactive-chart

04-24-2013, 09:05 PM	#17
Vapid - BANNED FOR LIFE Barterer Industry Role: Join Date: Aug 2004 Posts: 4,864	Bitcoin's $155.

04-26-2013, 11:57 AM	#19
bigluv Confirmed User Join Date: Jul 2008 Posts: 850	Just wanted to say, the bright spot of this post for me was, that you go on other forums. Good job, keep it up.