Minutes is all it takes for a monumental fall in case of a bankruptcy.

How fast can a stock fall?

It also depends on conviction. If you really believe that you did your fundamental and technical homework you can size up your trade. Logically exposure to stocks for instance is lower for me than my exposure to ETF industries/sectors. For example, ...

NYSE & Nasdaq

I doesn't require rocket science. I was in about 1.5 to 2 percent of AUM in the trade. When it gapped down like 25 percent I lost .25 * .02 or of my "account" or of assets under management. For instance if I had a $10000 account, I would have lost ...

NYSE & Nasdaq

Just an update guys, I am not away. Its just that I find the current environment to be far from equilibrium. I do not see any opportunities to go long here that would compensate for the risk involved. The market is up and could go higher and reminds ...

NYSE & Nasdaq

This topic has been discussed before in the thread and on various threads and sites that could be found on Google. If you seriously want your path to success to shorten, then read this book. It was written by a hedge fund manager with $60 billion of ...

NYSE & Nasdaq

SWHC going vertical, oh well this might be the high point but just though I would post it anyway. This is the market, one day your crushed on a small new position like POT and on the other day you make it back in spades in a large position like SWHC. ...

NYSE & Nasdaq

Cool, yeah I get what you mean with those guys... This week I am mostly looking to add short exposure at these levels. I want stocks that: 1.have debt; 2.were in a bubble and are now in distribution; 3.lost or in the process of losing their ...

NYSE & Nasdaq

Very enlightening post Hotdog, you seem to be very well versed with precious metals. I never really studied the affect of silver prices on the mining industry, your information was certainly useful. I feel like I know something on every industry but ...

NYSE & Nasdaq

Hi Hotdog, Welcome to the thread! I am not an expert on gold miners or commodities in general, but I will try my best. Looking at the weekly chart of the GDX (Gold Miners ETF), it is obvious that the trend is down. With current price being at $26.99 ...

NYSE & Nasdaq

@Xtrade, Did you want me to post on gold miners?

NYSE & Nasdaq

I agree, Stocktwits is an awesome source of information, but you have to be careful and follow the right guys. You are going to find ideas that both are in favor of your thesis or position and ideas that oppose that position at the same time! If you ...

NYSE & Nasdaq

And I thank you, Xtrade, aserbfx, Skynet and InfinitySL for keeping this thread alive. Your contributions here are much appreciated, I have learnt from this experience more than what I have shared. God bless.

NYSE & Nasdaq

@InfinitySL & aserbfx Thanks for the update guys, sometimes news comes out of no where. Yeah it was an ugly drop, its part of the business. I am down less than 1% of AUM on that position which isn't a catastrophe. I had a position of less than 2.5% ...

NYSE & Nasdaq

Awesome detailed post X. It is funny how we traders come from all walks of life, and have all evolved based on sheer desire to succeed paired with persistence. The skills that experienced traders acquire didn't come easy for any of us, we all paid ...

NYSE & Nasdaq

Lol yeah, we do it for free and its probably a dying breed because other forms of social media are emerging or because this is a Forex site and Forex isn't faring so well right now, pros may be struggling a little. Anyway, I have a loooong way to go ...

NYSE & Nasdaq

+1 I encourage everyone who trades/invests through stocks to read this post CAREFULLY! Thanks for you excellent posts, your contributions are always valuable. I do more or less the same, mostly due to my personal goals and objectives. Smaller sizes ...

NYSE & Nasdaq

lol ... I didnt get this post

NYSE & Nasdaq

Nice summary and your welcome X. Feel free to post anything u want here and I will do my best to reply, it is always better to get primary data from people who actually know what they are talking about. I don't know much about the industry, but I do ...

NYSE & Nasdaq

Glad you found it helpful. The CSX chart looks good, like the cup and handle. Fundies also look good and stable from a magic formula standpoint. From a valuation standpoint, CSX looks to be fairly valued, look at the historical P/E ratio. Its not a ...

NYSE & Nasdaq

Hi X nice to have you back! On gold miners, I personally don't think that the bear market is dead yet. It's just my opinion and I could be wrong about it, u would know better on it. I know for a fact that declining gold prices would squeeze gold ...

NYSE & Nasdaq