<p>So who has lost money in the market that last three days. </p>
<p>I bought some reits on the downside on wednesday and have continued to loose money. Everything has been balanced out by my apple calls, but otherwise i would have had a 9-10% gain over the last two weeks if i had put in my limit orders. I am down 6to a 6% loss now dammit. </p>
<p>Tuesday, lost 6k in the morning but earned back
Wednesday, same as above
Thursday i was asleep and i am now at 102,400 from where i should be at 109,XXX</p>
<p>This is after 2 weeks on investopedia. I am in a competition with a $200 prize and need to get to 170k, the current leader who currently only holds apple and 30 lots of calls that have a freaking low premium in relation to yesterdays high</p>
<p>the last two months have been kicking...it was due to even out. Don't worry..it'll rebound but it's going to take a few weeks. When does your competition end?</p>
<p>I haven't had time to do any research this week due to finals, but i have been able to pull of 10% return on the stocks are bought just today.</p>
<p>MON
BRCM
AKAM
NSM</p>
<p>BRCM i wanted to buy due to the news with qualcomm, MON has always interested me for various reasons and the other two were bought due to their appearances on google finance's greatest gainers. What luck i have</p>
<p>Coming soon will be MS if it drops below $85, but i doubt that since they just raised earnings for 2q</p>
<p>but with the small lots i bought, i have only earned back roughly $1000</p>
<p>Made money. Only had a few positions on my port in the first place and most of them were market neutral. The one position I was worried about was my long carry trade position on DBV which acts like a synthetic long index position. However, thanks to the people down under (NZD raised rates to 8.0000%) I ended up making cash off of it anyways. </p>
<p>I would strongly suggest anyone following markets to follow the movement of the equity index and the credit markets as well. Its essentially a self reinforcing cycle. You have easy credit fueling the stock market. However, a stable rising market has also led people to use more credit to buy into the market leading to a self reinforcing cycle. Follow both.</p>
<p>sax> The market doesn't need to do anything. Only the cheerleaders over at CNBC think that the markets are simply "correcting" and it will "rebound". Then again they think a +/- 0.3% movement in the market provides statistically significant information.</p>
<p>buy GS, I was in this competition for Econ class, we were doing Virtual Stock Exchange for 30 days... the leader had 12.73% return all on GS and Barclay's...</p>
<p>Well if you want a quick and dirty play money strat:</p>
<p>Use a screener to find stocks that are trading for <5 and throw in your favorite fundamental parameter. Input data in excel...find standard deviation of returns. Select a basket of stocks with the highest stdev (high vol). Pray.</p>
<p>nothing simpler than my strategy right now: momentum indicators, 5day rate of change and slow stochastic. And then some pure luck
The effort however of staying on top of everything and missing exit points is rather annoying. </p>
<p>I play with different things as time goes by, but studying for finals means i am next to the tv or computer all day allowing me to easily track</p>
<p>Indicators primarily depend on what timeframe you apply them on. The distribution of returns in financial products in different timeframes actually tend to be pretty uniform. If you are generating profits (that is not due to chance) its probably from the momentum indicators you are using as stock indexes tend to have greater trendiness short term (intra day) and long term (holding periods >1-2 weeks). During my testing, I didn't find stochs providing me with any edge (nor most of the technical indicators or fundamental scenarios that are public).</p>
<p>well i was on my way to a record day for my 2.5 week stint with investopedia. That was until Steve Jobs took me down with his retarded comments. I was about to hit 110k, but i am back down to 104k since i did not protect my position. This was supposed to be a good day with WWDC. I was hoping for 115k by friday close so i can hit my 20% gain/month</p>
<p>Most investors know that when ever aapl makes a big announcement such as quarter earnings or new products, it almost always causes a slight sell off over the next few days (Apple never lives up to its own hype because people demand miracles in technology constantly). The only exceptions were the iPhone announce back in Jan. for a short time, and then again when they released that huge increase in quarterly profit. Unless you are in aapl for the long, you always sell it before big announcements/conferences and buy back later after everything has cooled off.</p>