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ILoveSax

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  • This Chart Shows How You Get Screwed In The Stock Market [View article]
    A few nano seconds matters a lot.
    Here's a real example. It happened twice in 2 days.
    The market started to move up on good news, so I wanted in.
    The current price was 50.50. I put in a limit order for 50.50.
    The price had not changed for awhile, but the instant I placed my order, the price jumped up .50 to 51.00. I decided to go ahead and buy it anyway. The instant I bought, the current price went right back to 50.50. Absolute market manipulation.
    I lost $500.
    How did that happen? Well, I'll tell you. The HFT traders, pay for a feed so that they can read your bids, before the exchange gets them. They see you want to buy, and jack up the price. The instant you buy, they drop the price back down.
    You paid .50 more to get the stock. Then if you want to sell it back to them, you lose .50. In 3 years one HFT company, had only 1 losing day. And I feel lucky when I have 1 winning day, because the HTF's have caused me to lose every other day and taken my money.
    Essentially, it is not true that they only take pennies from each trade. They can take a lot more than that, especially in the high priced stocks where the spread is 1.00 or more.
    Oct 3, 2014. 04:59 AM | 2 Likes Like |Link to Comment
  • How Much Value Can Apple Watch Create? [View article]
    In my opinion, the best use of the watch will be asking SIRI a question, and getting an immediate answer.
    I currently own Note 3, and have just started asking Google/microphone questions, and it answers with a voice. It is a very helpful feature.
    For instance: this morning I asked it what the iphone release date, and got a proper answer Sept. 19th.
    This will be easy to do, talking into your wrist where your Apple watch will be located. That also depends on the speaker being sufficiently loud to hear the answer.
    I intend to eventually buy the 5 1/2" iPhone, which I have been waiting for the last few years, while Apple lost market share to Samsung. A fault of Apple I considered insane ...ie, why it took so long to get on board with a larger, readable screen.
    Sep 12, 2014. 11:45 AM | 1 Like Like |Link to Comment
  • The Russia-EU Economic Confrontation: Round 2 [View article]
    I uphold the principles of "Unity in Diversity", and the "Elimination of all prejudice". Whoever breaks these rules is the guilty party.
    Sep 12, 2014. 10:57 AM | 1 Like Like |Link to Comment
  • Don't Worry About Being 'Right'; Focus On Risk Vs. Reward [View article]
    I bought Stillwater at 20.00. It was one of my very first stocks and was recommended. It immediately dropped to 12 or 16. It's been a long time so I don't remember exactly.
    So at 3.00 it was a great stock for you. But at 20.00 it was a terrible stock for me. I lost a bunch, and my friend rode it down to 2.00 from 20.00.
    Jan 21, 2014. 04:11 AM | Likes Like |Link to Comment
  • Apple Screwed Up Big Time [View article]
    I own 15 apple computers and 1 ipad.
    I used to be a professional Windows programmer, and hated windows. I couldn't even keep my own computer running. Windows just kept crashing over and over, and was constantly hammered by virus, etc. So I switched to APPLE. It was like moving from HELL to HEAVEN.
    Apple has the best OS, and the best built computers, and the best support by far. After 6 years of owning Apple computers, one hard disk finally failed. I took it in. Smart techies fixed my computer. They were courteous, helpful, fast, young and smart. What a relief. Compared to Apple Windows computers were pure junk.
    Apple was the best run company in the world, as far as I am concerned.
    However, I waited and waited and waited for an iPhone with 4g. By the time they came out with it, Samsung had larger phones. So I waited and waited and waited for Apple to come out with a larger phone that I could actually type on and use, AND I AM STILL WAITING. All the while, those who want the larger phone have now switched operating systems to buy a Note 3 or other, in order to get the larger phone. To me, this is a very bad decision on the part of Apple. What are they waiting for? They are losing customers.
    My explanation is that Tim Cook is now focused on getting the Apple products into the hands of every country, and has missed the demand for the larger phones. I really wanted to buy an iphone for the connectivity to the Apple OS, but I now own a Note 3. I just couldn't wait any longer. When my last phone died, I had to replace it.
    P.S. The first day that I owned my Note 3, it locked up. Sounds like eerily similar to Windows. Also the voice to text is practically worthless. Even when I enunciate very clearly. I spend more time correcting words than it takes to type it right the first time. It actually adds words in using some kind of AI / artificial intelligence.
    For instance, if I say Fataneh, Fa ta neh, it will come up with something like "it's a far ton of eggs" LOL
    Jan 19, 2014. 03:33 PM | 2 Likes Like |Link to Comment
  • Why An Industry Insider Is Shorting Facebook [View article]
    I think you are going to lose your shirt on a short lasting 2 years. You may be bankrupt by then, if you don't come to your senses.
    You need to look at the attitude towards FB, and if earnings beat, it is going to blow your head off.
    Jan 16, 2014. 11:22 AM | 5 Likes Like |Link to Comment
  • Here's How Analysts Expect Bed Bath & Beyond To Report Wednesday [View article]
    I bought after it sold off hard, at 73.50.
    Do you think on Thursday, it will go back up, or get hit hard will selling at the open?
    Jan 9, 2014. 04:22 AM | Likes Like |Link to Comment
  • 5 Reasons Why Gold Is Headed Higher In 2014 [View article]
    I wonder if Gold and negative economic news, correlation has reversed.
    Up until a few months ago, when ever there was a bad economic news, gold would fly up, and where there was good news, gold would sell off.
    However, someone started buying gold after a hard selloff, and actually pushed it positive. They did it again when gold went even lower.
    I am thinking that whenever there is good economic news now, that the gold traders think that a good economy will now start causing inflation. Keep in mind that traders are buying what they think will happen 6 months in the future. So, even if there is no inflation now, they may be expecting it 6 months from now.

    What do you think?
    Jan 7, 2014. 12:29 PM | 1 Like Like |Link to Comment
  • Twitter: The Bubble Burst Quickly [View article]
    How low do you think TSLA, and FB, and BBRY will go before starting back up again?
    Dec 30, 2013. 04:25 AM | Likes Like |Link to Comment
  • The Next MoMo Stock, Part 1: Understanding The Momentum Mechanism [View article]
    Loved the article. Particularly, because I bought in the after hours drop, and hope that it continues up at the open.

    QUESTION:
    Do you think TSLA will pop or drop at the open?
    Nov 6, 2013. 10:28 AM | Likes Like |Link to Comment
  • Did Tesla Have A Disaster Quarter? [View article]
    Do you think TSLA will pop or drop at the open?
    Nov 6, 2013. 08:55 AM | Likes Like |Link to Comment
  • iPad Air goes on sale, iPad mini to launch on November 21 [View news story]
    What is the time of the news release on Friday evening? ie How many iPads were sold? and how many were expected to be sold? Is it a beat or a miss?
    Nov 1, 2013. 07:48 AM | 1 Like Like |Link to Comment
  • Facebook 2013 Q3 Earnings Preview: What You Need To Know [View article]
    OPTIONS question:

    Is there anyway to limit my risk to 25,000, and make 100,000 if FB pops $10 to 60 using options?

    I would really appreciate any help or suggestion.

    I am a professional day trader. I make about 2k a day trading gold etf's, but have never traded options before.
    Oct 30, 2013. 07:27 AM | 1 Like Like |Link to Comment
  • Facebook Is No Google: Sell This Overvalued Mega-Cap [View article]
    OPTION question:

    Is there anyway to limit my risk to 25,000 and make 100,000 if FB pops $10 to 60?

    I appreciate any suggestion or comment.

    I make my living trading, but I have never traded options before.
    Oct 30, 2013. 07:27 AM | Likes Like |Link to Comment
  • Earnings Preview: Facebook Q3 2013 [View article]
    OPTIONS:
    Is there anyway to limit my risk to 25,000, and make 100,000 if FB pops $10. to 60 using Options?

    If so, how many Call or Put options would I need to buy, and total price?

    I am a professional trader, who has never traded options before. I make about 2,000 a day, day trading gold. Yesterday, I made 20k on Apple.

    I would really appreciate any help or suggestion.
    Thank you!
    Oct 30, 2013. 05:33 AM | Likes Like |Link to Comment
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