guspenskiy13
976 posts
msg #122164
- Ignore guspenskiy13 |
12/7/2014 2:28:54 PM
Nice job on gas, I was travelling and hesitated to pull the trigger - but it still represents a nice Risk/Reward opportunity.
Tesla @ 28 bil and Uber @ 40 bil. TUlipomania of the 21st century.
I've heard that the "new generation" of investors only like to invest in the things that they know - like tech. Better put money into utilities with 69% higher CAGR than SPY.
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shillllihs
6,091 posts
msg #122168
- Ignore shillllihs
modified |
12/7/2014 9:13:36 PM
Thanx Gus. I've been saying utilities were the new thing for months Keep up the good research.
Just goes to show you that when you have several goofs maligning you, to disregard them. At first it will feel lonely
at the top then you will feel a comfort knowing you were on to something that the rest were not.
There will always be crippled minds that will cast stones.
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guspenskiy13
976 posts
msg #122174
- Ignore guspenskiy13
modified |
12/8/2014 2:25:47 PM
Thanks!
Utilities and other low-beta instruments are the long-term out-performers, sometimes including CAGR (as utilities are) and sometimes not. However, their other superior qualities, such as lower volatility and Max DD, allow them to outperform SPY by a large margin, when risk-adjusted risk of SPY through bigger position size.
Anyways, today was wild with consecutive losses in natural gas / energy and a magnificent gold miners rebound...
Currently short volatility, but with no thoughts of holding overnight...
Certainly got too greedy and ignorant trying to catch the falling knife in energy...
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shillllihs
6,091 posts
msg #122175
- Ignore shillllihs |
12/8/2014 3:43:00 PM
I like trading around a core. Seems to be the best of both worlds.
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guspenskiy13
976 posts
msg #122176
- Ignore guspenskiy13 |
12/8/2014 3:52:32 PM
So let's suppose you have 100% for volatility trading, what's your typical position size for different time-frames?
P.S.
To short this spike or not to short....that is the question...
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shillllihs
6,091 posts
msg #122177
- Ignore shillllihs |
12/8/2014 5:40:12 PM
I knew you would ask me. I am not a Disciplined trader so i can't give any advice.
Core trading is so vague & varied too.
What i did friday was sell 50% & bought back 50% at close today.
You can sell at 10% bumps & buy back on dips, but let it ride if it doesn't.
As i said, i am holding my turkish stock that will make me wealthier & i'm buying 2 2br. condos
this week which are still returning an astonishing 15% plus have the potential to double!!
If anyone has not looked into buying cheap units for great return, maybe they should.
Most success i have had was hold long term, swing trade & core trading. Day trading is just plain
foolish.
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shillllihs
6,091 posts
msg #122185
- Ignore shillllihs |
12/9/2014 2:05:18 PM
NBG @ 2.00 seems to me to be one of the best opportunities
ever. A national bank? get out!
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guspenskiy13
976 posts
msg #122189
- Ignore guspenskiy13 |
12/10/2014 9:25:22 AM
condos in which area?
Pre-Market : 1.99 Down 0.09 (4.33%)
Greece? Buy Russia, they are hitting bottom...with a huge premium under oil slide....
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shillllihs
6,091 posts
msg #122190
- Ignore shillllihs |
12/10/2014 9:57:46 AM
Chicago burbs. 8 of them can have you retired with a 100g a year.
NBG recently split so it is really something like 18cents.
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shillllihs
6,091 posts
msg #122192
- Ignore shillllihs |
12/10/2014 1:06:13 PM
VelocityShares 3x Long Natural Gas ETN (UGAZ)
-NYSEArca
9.12 Up 0.61(7.22%)
lookin good
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