Hmm, I was in 11th, wonder where I am now?
Hmm, I was in 11th, wonder where I am now?
Lost one cement shoe with just a 3-digit loss. I'd like to get out of bubble-surfing altogether at this point. It can pay off well but it's a crazy ride.
Does the game handle splits automatically?
berkeley yeah, just went overall positive! 
Swank Force One wrote: Today is ridiculous.
Yes.
Stuff is all over the place.
Took a $7K bath on a stock that I actually had the sell order placed, and changed my mind over the weekend and cancelled the sell order.
So let's say i want to sell a stock when it hits a certain dollar amount. (going UP from purchase.)
Is that "limit" or "stop?"
BOOM
SHAKA
LAKA
Look where I am now! 
SVreX wrote: Took a $7K bath on a stock that I actually had the sell order placed, and changed my mind over the weekend and cancelled the sell order.
Arrgh.
I actually lost $13,500 on that one stock today. Should have left well enough alone.
I put an order in Friday night for a stock that I think will be a winner. It really brought down the average today, big loss. I'm sticking it out though, I still believe I'll come out in the good.
Nick_Comstock wrote: What are unrealized gains and how do they become realized? I currently have 48k in unrealized gains. What are the chances of an afternoon rebound?
Unrealized gains mean you haven't sold the stock yet. Once you sell it, it becomes a realized gain.
What the hell, I'm in. Should be fun.
Whoa, Swank shot ahead of all of us overnight 
My guess is that he bought a lot of high dollar stocks that were dropping like rocks. Then he pulled up his socks and sold those blocks.
Well, he said he was good at poker. 
GIGGLE
PHeller wrote: My guess is that he bought a lot of high dollar stocks that were dropping like rocks. Then he pulled up his socks and sold those blocks.
Actually, no....
Those are legit gains.
Ok but seriously...
Say i have a stock that's currently hanging around $2.50. I want to sell when it hits $2.80. How do i set that up ahead of time?
Limit or Stop? And how?
Ow and it looks like I'm gonna eat dirt when the market opens. Every stock I have is going the wrong way for me.
Edit: Oh except one that I spent my concrete shoe money on. Still not good.
Swank Force One wrote: Ok but seriously... Say i have a stock that's currently hanging around $2.50. I want to sell when it hits $2.80. How do i set that up ahead of time? Limit or Stop? And how?
Stop.
On your portfolio page, click trade. Put in the # of shares you want to sell, and click "stop" for order type. Put in the price you want to sell at there.
Ah ok got it. I think i figured out how to buy and sell with the stop. Thanks!
Annnnnd the site eats it.
Yep
So I guess Limit is the opposite of Stop where a short is cashed when the stock drops below a certain value?
In reply to GameboyRMH:
In theory, but I just got hosed on that and it automatically sold it for the limit I placed on it while the market price was 40 cents higher.....
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