InvestorsHub Logo
Followers 12
Posts 867
Boards Moderated 0
Alias Born 01/25/2012

Re: stingray113 post# 1566

Monday, 02/25/2013 10:16:35 AM

Monday, February 25, 2013 10:16:35 AM

Post# of 29818
BOUGHT UVXY at MARKET PRICE, $9.32;*

I saw the pre-market down some more, and I was able to lower my buy limit once more just before it opened. But then I saw that it was hovering around $9.30, so I figured I would rather get it out of the way. I changed to a market order, and bought at 09:42:42 AM.*

This is with unsettled funds. (I sold half on Thursday). But I still have the other half to sell at any time. It might not make any sense to you, but this is the way I want to do it. I'll be happy as long as it doesn't set a new low before going up again, and if I can sell at a profit and keep it in a trading range.*

I can't spend all day watching this, so it's best to get it done when it looks reasonably good.*
--*

Yeah, as I was writing this the price dropped down to my next buy point, which I would have got if I wasn't so hasty. Yes, you were right about it going down some more. Oh, well. It's only (a very small amount of) money. If I had more in the account, I would divide it into more parts, and then I could get a few different prices.*

Regarding the idea of not using real money and just playing make-believe, there are a lot of things I might want to do that I can only just imagine. This is my thin slice of reality. If I could learn to make money in the stock market, then there are a lot of other things I might do with that money. But I don't want to play "Walter Mitty" when it comes to stock speculation.*


A small gain is better than a big loss.*