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Thread: Trading and Investing

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    Trading and Investing

    Anyone using SPY or ES as primary trading or investing vehicles?

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    Re: Trading and Investing

    I haven't used SPY but have something in VFINX which is similar. As I recall, I also have something in a NASDAQ index etf.

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    Re: Trading and Investing

    Half, do you use it for day trading or investments? I've use Firstrade for years, but we're shopping around.

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    Re: Trading and Investing

    Oops! I thought you were referring to the SPDR S&P 500 ETF whose stock symbol is SPY. Sorry 'bout the misunderstanding.

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    Re: Trading and Investing

    Quote Originally Posted by Accountable View Post
    Half, do you use it for day trading or investments? I've use Firstrade for years, but we're shopping around.
    SPY for long term and ES for short term swings and hedges. I use interactive brokers.

    Quote Originally Posted by Wandrin View Post
    Oops! I thought you were referring to the SPDR S&P 500 ETF whose stock symbol is SPY. Sorry 'bout the misunderstanding.
    It is the ETF SPY. I trade (long term) the ETF and not options as many do.

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    Re: Trading and Investing

    Quote Originally Posted by Wandrin View Post
    Oops! I thought you were referring to the SPDR S&P 500 ETF whose stock symbol is SPY. Sorry 'bout the misunderstanding.
    I think the oops is mine.

    ES - Energy Solutions

    SPY - SPDR Trust Series

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    Re: Trading and Investing

    Quote Originally Posted by Accountable View Post
    Oops. ACtually mone.

    ES = S&P 500 E-Min futures contract.

    I should have said ES H3.

    Good day to add to the long term accounts.

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    Re: Trading and Investing

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    I have some holdings in VFINX - Vanguard's S&P 500 index fund, and QQQ - a NASDAQ index ETF, both for long term. I've had them for years now. I don't make many short term plays these days. When I do, it is usually a tech IPO that I flip.

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