Hundred Dollar Silver-Lets Play A Game

Well you were the winner @Clawcoins..... May I send you my portfolio to work on?? LOL

 

Log in or Sign up to hide this ad.

lol
Actually
I was going to start a financial company back in my late 20s … but long story.
Now I just want to retire comfortably.

I used to day trade until my cancer surgery 8 yrs ago. And I was profitable at it. Really built up the funds then just picked aggressive mutual funds and a few times market moves and I’m pretty set again.

but buy silver gold low, and sell high. LMAO

 

I was a day early. That pull-back on Wednesday hurt me... if it didn't do that, I'd have been close!

 

Congrats, but I'm sure you realize that doing it up over a longer period of time is critical. 95% of daytraders lose money or can't continue. It appears you stopped a few years before the Covid Bear Market.

That wiped out alot of daytraders I know. One guy I know must have used margin (the Original Sin !) because he got a regular job at UPS.

 

It sure looks like the Claw nailed this prognostication.

Yes, you were about 24 hours early....but I was only 14 hours early

 

yup, many day traders can't actually afford to be day traders. Sometimes you have to pull out of the market and stay out for a while. if you work at a daytrading office then you have to make money quickly. I don't do that.

Was daytrading 2011-2017, and then back in the 90s. All the time. Very profitable most of the time. But you have to know your limits, you have to understand impact items, mgt styles, market segments, and overall market direction, and a bunch more.

I have a lot of various examples, such as
DB - Deutsche Bank's stock in the old days used to cycle up and down throughout the day. I used to buy/sell cycles on that. Pretty good way to build money and shares. Then I would skim profit every so often and set aside. If you lose once, you're out for 30 days (wash rules). Cap 7% loss no matter what. you have to set your parameters.

GoPro .. (new tech until cheaper entrants) got into that. Rode it up until I started seeing in Walmart/meijers all the generic sport cameras, Then I sold. Told friends to sell too (one didn't and rode it all the way down). You have to be unbiased and not emotional on stock trading, set your loss parameters, and stick to it.

I never got into options. As I test I built up quite a bit of Chesapeake Energy for playing with covered options but didn't like options so stuck with what I knew.

You can get into M&A and follow the insider news tightly for M&As to grab stock spikes. Coattail people like Carl Icahn and get into stuff like that .. did that with eBay when he forced them to split off Paypal. Bounces on good companies are good. Companies near bankruptcy that hire a turnaround specialist (although research who they are going to hire. I lost a bit when a company hired a "turnaround specialist" and they took it into bankruptcy and spliced & diced. The CEO they hired, after the fact looking in to his background was a splice and dice , take the golden parachute track record (no actual turnarounds).

I think recently it was March 4th 2025 I pulled a large % out of the market, and started putting it back in April 14-23rd 2025. Made a massive increase in my portfolio for that timing.

 

It was a guess ... I looked at days previous, the pullback, previous pullbacks .. compared it to Gold's movement and if there was any correlation or elastic correlation (and options vs physical markets), and guessed.

 

You probably came close to nailing the clock time as well. Congratulations.

 

Congrats Clawcoins hoping we'll get $5000 gold/$100 silver and $ 6.00 copper all the same day! Been savings 1959-1982 penny's for 2-3 years LSU in NH paying .05 per but eBay's list at $8.00 per roll the new silver! Have 70 pounds!
Nice challenge Randy!

 

onwards and upwards to $150 ... Randy should make that a challenge number now ... maybe when $150 or $50 !!

 

Nope... We have already reached the Twilight Zone.