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Trading and Investing
Posted: Thu Feb 28, 2013 6:34 am
by halfway
Anyone using SPY or ES as primary trading or investing vehicles?
Trading and Investing
Posted: Thu Feb 28, 2013 9:17 am
by Wandrin
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.
Trading and Investing
Posted: Thu Feb 28, 2013 8:36 pm
by Accountable
Half, do you use it for day trading or investments? I've use Firstrade for years, but we're shopping around.
Trading and Investing
Posted: Thu Feb 28, 2013 9:48 pm
by Wandrin
Oops! I thought you were referring to the SPDR S&P 500 ETF whose stock symbol is SPY. Sorry 'bout the misunderstanding.
Trading and Investing
Posted: Fri Mar 01, 2013 4:12 am
by halfway
Accountable;1421821 wrote: 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.
Wandrin;1421823 wrote: 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.
Trading and Investing
Posted: Fri Mar 01, 2013 4:15 am
by Accountable
Wandrin;1421823 wrote: 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
Trading and Investing
Posted: Fri Mar 01, 2013 8:58 am
by halfway
Accountable;1421832 wrote: I think the oops is mine.
ES - Energy Solutions
SPY - SPDR Trust Series
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.
Trading and Investing
Posted: Fri Mar 01, 2013 10:31 am
by Wandrin
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.