Rod's Account Talk

[Rod]

Although the TSP is not "day traded", the following book will surely sharpen your chops:

"Day Trading QuickStart Guide" by Troy Noonan

Check out the preview on Amazon. It's an excellent read which I highly recommend.

God Bless :smile:

 

[tom4jean]

Although the TSP is not "day traded", the following book will surely sharpen your chops:

"Day Trading QuickStart Guide" by Troy Noonan

Check out the preview on Amazon. It's an excellent read which I highly recommend.

God Bless

Rod have always appreciated your input and glad your still around. I just set up a Robinhood account with the intention of starting to trade ETFs, which I really know nothing about...
I also subscribe to TSPtalk plus so I'll be looking to the signals for help.
I will be getting the book. Thanks!

Sent from my Pixel 2 XL using Tapatalk

 

[Rod]

Rod have always appreciated your input and glad your still around. I just set up a Robinhood account with the intention of starting to trade ETFs, which I really know nothing about...
I also subscribe to TSPtalk plus so I'll be looking to the signals for help.
I will be getting the book. Thanks!

Sent from my Pixel 2 XL using Tapatalk

You're quite welcome! I'm confident this book will assist you with that. He does discuss ETFs on pgs 70-75, giving advice on the popular ones across all sectors/countries.

 

[wahinepio]

Ordered from Amazon. Yay. Thanks for another splendid tip, Rod.

 

[Rod]

Ordered from Amazon. Yay. Thanks for another splendid tip, Rod.

You're welcome! Would love to hear your and tom4jean's feedback after you dive into it.

 

[tsptalk]

Rod have always appreciated your input and glad your still around. I just set up a Robinhood account with the intention of starting to trade ETFs, which I really know nothing about...

Here's a quick primer from TommyIV...

https://www.tsptalk.com/etf_trading_tsptalk.php

 

[Rod]

I cut my teeth on investing/trading with TSP Talk. I may disappear from time to time, but I'll eventually return as long as I am alive because I am forever a member of this fantastic community.

:fing02:

 

[Rod]

S&P sure is close to that all-time high... (close, that is)

 

[Rod]

S&P sure is close to that all-time high...

There it is! Matched the all-time high close.

 

[Bane]

Thiiiiiis close. https://www.cnbc.com/2020/08/11/stock-market-futures-open-to-close-news.html

 

[Rod]

Thiiiiiis close. https://www.cnbc.com/2020/08/11/stock-market-futures-open-to-close-news.html

Sure was! Unless there's profit-taking, we'll see it tomorrow. BTW, welcome! :smile:

 

[Rod]

Got my orders in for the BEKE IPO (priced @ 20.00) which will begin trading today. LORD willing, it'll be another quick-turn profit. I'll let you know how it goes.

God Bless :smile:

 

[Bmoredunks]

Got my orders in for the BEKE IPO (priced @ 20.00) which will begin trading today. LORD willing, it'll be another quick-turn profit. I'll let you know how it goes.

God Bless :smile:

If you get it...what are You looking at for a “sell” price?

 

[tsptalk]

Got my orders in for the BEKE IPO (priced @ 20.00) which will begin trading today. LORD willing, it'll be another quick-turn profit. I'll let you know how it goes

Good luck, Rod. It will be interesting to see what kind of demand there is for a Chinese company IPO given the tensions with U.S..

About KE Holdings Inc.

KE Holdings Inc. is the leading integrated online and offline platform for housing transactions and services. The Company is a pioneer in building the industry infrastructure and standards in China to reinvent how service providers and housing customers efficiently navigate and consummate housing transactions, ranging from existing and new home sales, home rentals, to home renovation, real estate financial solutions, and other services. The Company owns and operates Lianjia, China’s leading real estate brokerage brand and an integral part of its Beike platform. With more than 18 years of operating experience through Lianjia since its inception in 2001, the Company believes the success and proven track record of Lianjia pave the way for it to build the industry infrastructure and standards and drive the rapid and sustainable growth of Beike.

 

[Rod]

Got my orders in for the BEKE IPO (priced @ 20.00) which will begin trading today. LORD willing, it'll be another quick-turn profit. I'll let you know how it goes.

God Bless :smile:

It opened up well above its IPO price. It opened @ 35.06 But, it did not work out for me. I hit my threshold of a 10% loss. I was in for 425 shares @ 35.58 and sold @ 32.11. I did not want to hold it longer to see if it recovers. Especially with an IPO price of 20.00. One thing about day trading is that you will not win them all. Just make sure that you have a tradeplan, especially your exit target in case things go south. Even if it closes today near to or above my buy in, I'll take solace in knowing that I executed my tradeplan. One that is not based upon "hopes" or "maybes." BTW, it is now trading @ 33.34.

God Bless :smile:

 

[Rod]

Even if it closes today near to or above my buy in, I'll take solace in knowing that I executed my tradeplan. One that is not based upon "hopes" or "maybes."

It has touched 35.50 since I sold. 0.08 shy of my buy in. Does that make me shame my head? Of course it does. But like I said, I shouldn't beat myself up because I executed my trade plan. It is now trading @ 34.87. It will be interesting to see where it closes and then goes the next couple of days.

 

[Rod]

It has touched 35.50 since I sold. 0.08 shy of my buy in. Does that make me shame my head? Of course it does. But like I said, I shouldn't beat myself up because I executed my trade plan. It is now trading @ 34.87. It will be interesting to see where it closes and then goes the next couple of days.

Closed @ 37.44

Took off like a rocket the last 10-15 min of trading, roaring to 37.49.

But, had I "held out hope" for a late afternoon rally, you know it would have closed in the low 30's or lower. :cheesy:

 

[Rod]

It would seem that APRN is poised for a rally. Especially given the fact that it was down nearly 37.5% (since 24 July) before today's close- where it gained 7.37% on nearly triple the average volume. It closed today @ 8.59. There could be a +30% run in store for APRN. Furthermore, there is a gap from 6 Aug that needs to be filled up to 11.29. We shall see!

https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=APRN

 

[Rod]

My long-term trades so far this week:

AAPL: Bought @ 493.65/68

TSLA: Bought @ 2078.56 - 2079.28

Both of these are sure winners long-term. Therefore, I shall hold them for the foreseeable future.

Next long-term target is AMZN. I originally bought in on 15 May 2017 @ 958.03. I then sold on 4 Mar 2020 @ 1,936.05. Waiting on a nice pullback before I buy in.

God Bless :smile:

 

[Rod]

The "air" up here seems a bit deceptive, and is becoming troubling and turbulent. Perhaps it's time for a nice, healthy pullback or correction (5%-10%)? Will it commence tomorrow with The Fed's speech? We shall see how long it takes to commence! But, it is coming.

God Bless :smile: