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Get YOUR Copy Of My New Book "A (Not) So Random Walk On Wall Street," Plus FREE downloads, charts, A CHAT ROOM, More! Available right on my website. Click here: https://traderschoice.net/about-traders-choice/
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Thanks Greg! I made a KILLING today! I made 47%, 70%, 117%, 74%, 87%, 766%, 143%, 388%, 262%, 90%, 121%, 220%, 159% and 245% profit today and more on my SLV Call options. I swear, I was going to hold and hold because I am a swing trader and am used to the high/low undulations of the market and don't sweat big gains or losses, but expect to "Go for the home-run" every time. You have a different way of trading. You see profits and you take them. I made so much money today I bought 3 more awesome SLV calls and skimmed some profits off my trading account and put it in my bank account. I was going to leave the profit from 4 options on the table for later, but added up the profit on my calculator and it was a LOT...then got the hell out. It was too much money staring me in the face and I have NO IDEA what tomorrow holds so I TOOK what was STARING ME IN THE FACE! It's funny how I preach your way to your lions because I only subscribe to the "safe method" for people who might be emotionally affected by big losses, but I wasn't really keen on taking profits myself. Now, because of me watching your method and understanding the "logic" of your method, even though I never traded this way, I am as you say "RIPPING THE FACE OFF" this market! Hahahahahahahahahahahahahahahahaaaa! Kind of a gruesome saying, but hey, it's accurate.
Thanks again Greg. I've always known how to "make" profits, but was never keen on "taking" them, but now I am and profiting by it.
This was pure manipulation to protect the clearing houses. The put a stop to new purchases and still allowed retail to sell. The only option is for the price to plummet because there are no buyers available.
Here's the SEC's definition of market manipulation: https://www.sec.gov/files/Market%20Manipulations%20and%20Case%20Studies.pdf