Share tips thread (Vol 2)

[FredClogs]

ATM said:

simir said:

ATM said:

Anyone shorting Kier group?

How much longer will they be around?

Looks terminal to me

My wife works for a small commercial building contractor, they stopped doing stuff for Kier about 18 months ago, even for the construction industry kier's record of paying what they owe and fulfilling contractual obligations is allegedly woeful.

[bad company]

ATM said:

Anyone shorting Kier group?

I got out about 4 years ago. I’m staying out.

[R8Steve]

guindilias said:

guindilias said:

marky1 said:

The problem is it's not rare enough that it won't eventually happen. Out of interest do you think they will come after you for the loss? Not at all having a go at you here by the way. I've been trading futures and options as a career for 20 years. Just as someone else said it sounds a bit like you are not fully aware of your downside. A lot of good knowledge on here, someone may be able to help you work on the downside risk....

I keep enough in my Etoro account to more than cover any losses I could possibly make, unless the entire stock market dropped to zero overnight - my portfolio changes on a daily basis, so if Amazon happen to plummet - I may not even have an active CFD on them. And if I do, then my equity in Etoro (Active CFDs and available funds) drops - I have plenty of available funds, and even if I lost the lot by some ridiculous coincidence, I have plenty banked as well.

It isn't a worry for me...

R8Steve said:

If the stock market dropped to zero you would be in a world of pain if you were leveraged 5/10x.

Greshamst said:

To be fair, if the stock market dropped to zero, every single person in the developed world is going to be in a world of pain, and a leveraged CFD debt isn’t going to be the most immediate concern...

Apoligies, not you, Burwood - a case of mistaken identity! But probably the most stupid quote I have ever seen on this thread, by someone who lists his profession as "finance" - processing cheques at the Natwest, while the wife earns the money and buys him fancy cars?

Really? You chose to make a personal attack on me out the blue?

Not that i can take anyone that uses eToro as their main trading account seriously but if you can't take someone pointing out the risks to you without getting abusive then more fool you.

Tell me, what is stupid about pointing out the risks in leveraged trading?

I suppose, there is no risk in fantasy accounts so it might not apply to you.

Edited by R8Steve on Monday 21st October 13:47

[bad company]

R8Steve said:

guindilias said:

guindilias said:

marky1 said:

The problem is it's not rare enough that it won't eventually happen. Out of interest do you think they will come after you for the loss? Not at all having a go at you here by the way. I've been trading futures and options as a career for 20 years. Just as someone else said it sounds a bit like you are not fully aware of your downside. A lot of good knowledge on here, someone may be able to help you work on the downside risk....

I keep enough in my Etoro account to more than cover any losses I could possibly make, unless the entire stock market dropped to zero overnight - my portfolio changes on a daily basis, so if Amazon happen to plummet - I may not even have an active CFD on them. And if I do, then my equity in Etoro (Active CFDs and available funds) drops - I have plenty of available funds, and even if I lost the lot by some ridiculous coincidence, I have plenty banked as well.

It isn't a worry for me...

R8Steve said:

If the stock market dropped to zero you would be in a world of pain if you were leveraged 5/10x.

Greshamst said:

To be fair, if the stock market dropped to zero, every single person in the developed world is going to be in a world of pain, and a leveraged CFD debt isn’t going to be the most immediate concern...

Apoligies, not you, Burwood - a case of mistaken identity! But probably the most stupid quote I have ever seen on this thread, by someone who lists his profession as "finance" - processing cheques at the Natwest, while the wife earns the money and buys him fancy cars?

Really? You chose to make a personal attack on me out the blue?

Not that i can take anyone that uses eToro as their main trading account but if you can't take someone pointing out the risks to you without getting abusive then more fool you.

Tell me, what is stupid about pointing out the risks in leveraged trading?

I suppose, there is no risk in fantasy accounts so it might not apply to you.

Come on guys, play nicely.

[R8Steve]

bad company said:

Come on guys, play nicely.

He started it sir!

I'm not 100% sure why he feels the need to launch a personal attack on me for offering some advice on risk. Some advice that came up due to the fact he didn't see the need to understand margins on a leveraged CFD account.

[Condi]

guindilias said:

Condi said:

Ok, so why did you think you wanted to be short and then take a long position - presumably ahead of earnings release? What made you change your mind?

I thought I wanted to be short? I was undecided.
Mind made up mainly by increasing interest and high volume buys throughout the day.
I bought in at $286.20, and sold after the peak (after the dive!) at $307.62.

Not having a dig, but this makes no sense to me at all. I say that as someone who trades commodities for a living, albeit not stocks and shares.

If I had done research ahead of time regarding a big earnings announcement (in my world S+D change, if you will), and formed an opinion based on the info available, and trusted my own market understanding, there is 0 way I would take the opposite position simply based on the flow before the numbers are out. If anything a high number of buyers, especially when you expect the price to dip, tells me that the market is building up a long position it will have to quickly unwind if your research is correct and the price does start to drop based on your expected earnings number.

It is a fair question when you post 'Wanted to be short' then post release 'Bought and sold for a $21 profit'.

[guindilias]

R8Steve said:

Really? You chose to make a personal attack on me out the blue?

Not that i can take anyone that uses eToro as their main trading account seriously but if you can't take someone pointing out the risks to you without getting abusive then more fool you.

Tell me, what is stupid about pointing out the risks in leveraged trading?

I suppose, there is no risk in fantasy accounts so it might not apply to you.

Edited by R8Steve on Monday 21st October 13:47

The risks, which I already knew, have been pointed out to me multiple tines. I have plenty to back me up if everything goes wrong tonight, this whole earnings season, or the next two years - I could pull out of trading altogether for two years, do my own thing, earn nothing, and still live the way I do.

And the personal attack on you was because of your utterly, utterly stupid comment about how I'd be in money trouble if the entire stock market dropped to zero overnight. From someone who claims to be in finance.

And yes, years ago I did use my fantasy account to see how I did - once I realised that if I had been trading for real, I would be doing very well, I put in $200 and started trading earnings seasons.

That's where I make my money - 4 times a year. I have never put more money in, I built it up with leveraged trades on earnings calls until I had more to put on, which gave me more profit, and so on. Over 6 years.

[guindilias]

Condi said:

Not having a dig, but this makes no sense to me at all. I say that as someone who trades commodities for a living, albeit not stocks and shares.

If I had done research ahead of time regarding a big earnings announcement (in my world S+D change, if you will), and formed an opinion based on the info available, and trusted my own market understanding, there is 0 way I would take the opposite position simply based on the flow before the numbers are out. If anything a high number of buyers, especially when you expect the price to dip, tells me that the market is building up a long position it will have to quickly unwind if your research is correct and the price does start to drop based on your expected earnings number.

It is a fair question when you post 'Wanted to be short' then post release 'Bought and sold for a $21 profit'.

Show me where I said "I wanted to be short"... - Netflix had just brought out an absolute screamer of a film, perfect for Netflix as personally, I'm not sitting in a cinema for 3.5 hours straight. I would like to pause it while I go for a leak , get a beer, whatever.

So, earnings calls tonight. I have 4 buy positions .

TSLA - a smaller than normal amount, in case they pull a rabbit out of a hat regarding guidance - and whether anyone actually believes it.
EBAY - a reasonable amount.
ALGN - again, a reasonable amount. same as Ebay
PYPL - a larger amount. 3 times the size of my TSLA position.

All at 5x leverage.

So you can all watch me make or lose money live after 9pm...

[guindilias]

Condi said:

It is a fair question when you post 'Wanted to be short' then post release 'Bought and sold for a $21 profit'.

5x leverage, so an $82 profit - and I don't open a position with a few hundred any more - £2k would normally be an absolute minimum, £10-20k as a normal amount or if there are a few earnings calls that day, £40k if I am pretty sure they are going to do well.

[guindilias]

And, it looked like a good report night. Haven't read the transcripts, but:

TSLA up 18%, should be a 100% profit tomorrow if nothing goes wrong.
ALGN up 8.38% so possibly a 50% profit
EBAY down 3% so may dive in the morning - 15% loss on that so far boooo
PYPL up over 9% so potentially a 50% profit in the morning.

And that's how I make my money in earning season.

[Shnozz]

Good work.

How often do you go short out of interest? I note that you were all buys tonight?

I am bearish in current climate and admit to having little appetite right now other than to short Deutsche Bank (as I posted on here earlier in the thread for consistency sake) and also playing with EUR/GDP recently a fair bit with Brexit in full swing.

[guindilias]

I go short maybe 50% of the time - it's easy to see when a company is losing, and in BYND, the veggie burgers people, they were crazy high and then dropped like a stone. Now still a volatile stock if you could be bothered spending a day or two swing trading.

I don't like looking at charts all day so I rarely do it unless I'm bored.
Went short on Levi because most apparel/workwear makers were dropping, the market is not kind to them.

So, yep, it's rare that I have 4 stocks declaring earnings at one time on one night and I'm buying them all - but it looks like it worked nicely, and should net me enough to buy an ex-council house in a rubbish area, if I wanted...

[guindilias]

Shnozz said:

I am bearish in current climate and admit to having little appetite right now other than to short Deutsche Bank (as I posted on here earlier in the thread for consistency sake) and also playing with EUR/GDP recently a fair bit with Brexit in full swing.

I have been doing very little myself these days, the Nasdaq is all over the place. red day for everyone one day, green day the next - no real trends or consistency at all. But as I said, earnings is when I make my money, so I rarely miss that - buy the day before, collect or lose the next day at 2.30pm.
I never have the guts to put big money on GBP versus anything, with the Brexit shenanigans going on!

[g4ry13]

guindilias said:

Shnozz said:

I am bearish in current climate and admit to having little appetite right now other than to short Deutsche Bank (as I posted on here earlier in the thread for consistency sake) and also playing with EUR/GDP recently a fair bit with Brexit in full swing.

I have been doing very little myself these days, the Nasdaq is all over the place. red day for everyone one day, green day the next - no real trends or consistency at all. But as I said, earnings is when I make my money, so I rarely miss that - buy the day before, collect or lose the next day at 2.30pm.
I never have the guts to put big money on GBP versus anything, with the Brexit shenanigans going on!

Going over your earnings trades overall, how many do you think you have made and how many were favourable for you?

[R8Steve]

guindilias said:

And the personal attack on you was because of your utterly, utterly stupid comment about how I'd be in money trouble if the entire stock market dropped to zero overnight. From someone who claims to be in finance.

Actually, that utterly, utterly stupid comment came from you so i think you should take a look at what you've said yourself before launching any more personal attacks .

guindilias said:

I keep enough in my Etoro account to more than cover any losses I could possibly make, unless the entire stock market dropped to zero overnight

[p1stonhead]

R8Steve said:

guindilias said:

And the personal attack on you was because of your utterly, utterly stupid comment about how I'd be in money trouble if the entire stock market dropped to zero overnight. From someone who claims to be in finance.

Actually, that utterly, utterly stupid comment came from you so i think you should take a look at what you've said yourself before launching any more personal attacks .

guindilias said:

I keep enough in my Etoro account to more than cover any losses I could possibly make, unless the entire stock market dropped to zero overnight

And who the hell wouldn’t be in trouble if the stockmarket dropped to ‘zero overnight’?!

[guindilias]

g4ry13 said:

Going over your earnings trades overall, how many do you think you have made and how many were favourable for you?

I honestly couldn't tell you - but with big money on them, hundreds. Small money when I was just starting (minimum trade is $100) - thousands. I'll see if I can look into my account on Etoro.
They keep a record from the start (I have a couple of accounts, one the same I started up with, and still build up to £2k then take it back down to $200 and build it up again, and another where I do my big trades).
I can access but I'm not sure how far back on the site. Will look up when I can!

[guindilias]

p1stonhead said:

And who the hell wouldn’t be in trouble if the stockmarket dropped to ‘zero overnight’?!

That was a pretty obvious tongue in cheek comment. Do you really think everything on the NYSE could ever drop to zero overnight?

[guindilias]

R8Steve said:

Like I said, tongue in cheek. Get back inside the ATM and push the money out the slot when people want it.

[ATM]

guindilias said:

R8Steve said:

Like I said, tongue in cheek. Get back inside the ATM and push the money out the slot when people want it.

Dont get inside me

Thanks