I'll cut when Greg does. I have some dry powder if it goes lower, so that's my downside insurance at the moment. Greg will either hedge or cut losses if it gets bad enough. I think today is a shakeout day, and I understand SPX 3320 and then 3270 are important levels.
they dump then buy it up, we hit 15.25 during the last big correction in feb. Its all a game. 1.25 aint nothing. they dont leave billions to chance the algos are very definitive.
usually or they move into other equities. took me years to figure out the scam..BTW no one is going to actually tell you how to trade thats kept close to the chest, if its worth the salt. I have my techniques and Im not going to tell anyone anything...
Gregs in good positions theyve been buying all along theyre using TECH profits to buy russel 2000 stuff. All of his positions will pop, patience. Im holding $WMT. out of his picks.
Ammar if you zoom out and look at SLV chart from 2016 onwards there's a huge inverted head & shoulders the right shoulder as formed nicely and SLV will explode upwards shortly..
so what's everyone doing with all these winning trades? it seems the market keeps falling. I still have some, like xle and ebay from june and july! when is it time to cut losses?
I am not really sure what that means. one should be irresponsible because they can afford to lose the money?
Here is my advice sassy pants. if you enter a trade and have averaged in multiple times and after two weeks you cant seem to make a profit then find the best opportunity to cut your losses based on the average range of that specific stock
Im not sure if these posts or real or a construct. I assume there may be some real people, perhaps greg asks individual to mix things up with controversy like the anon construct, but either way the statement is true, bet what you are willing and able to lose. Because in the end this is all gambling.
no this is real. im real. I agree. I cut losses this morning because I couldn't afford to lose anymore. Id rather wait for a better opportunity- I just think right now is too risky.
However, this person has been holding these stocks for WAY TOO LONG. I feel bad.... at a certain point you have to just get out and move on, I set my personal time at around 2-3 weeks.
I held WMT first go round and it took WEEKS but it majorly paid, I made 15gs but if I held it would've paid..40G They like to bring calls at times close to a buck before they rebound them..IMO but not always.
I didn't sell when Greg did and like an hour after he sold they announced the Tik Tok bid so I made like 2500 I think. But I was only holding that for a few days. I think it depends on the stock but regardless, a new trader should not be holding options for months and months and just watching them decay!
the problem I"m facing now is that I cut losses on all my others and as soon as I did, i mean by days, the stock went up and I would have made a lot! (and Shawn i'm real!)
I cut losses this morning. I can't risk anymore capital. countries are starting to go on lockdown. Israel staring today for three weeks and it won't be long before some of the European countries do so as well. I did not want to hold over the weekend worrying if I'm going to lose more
that is what happens to every new trader. You have to know when to cut your losses and it is important to average in. Always make sure you have enough money to buy several different stocks so if you are losing on one you are gaining on another- and if you are up even just five percent then take your profit until you get more experience. Greg is right when he says it is never wrong to pull profits. I pulled my money out because im looking at all the charts and honestly they have all fallen quite a bit already that when the stocks starts to move back up ill be able to hop back in and make the money back. If I stay in the trades and the market keeps falling then with time decay I'll lose too much money.
Greg can you post your current avg contract price? It would help a lot
At what point are u guys gonna cut ur losses?
I'll cut when Greg does. I have some dry powder if it goes lower, so that's my downside insurance at the moment. Greg will either hedge or cut losses if it gets bad enough. I think today is a shakeout day, and I understand SPX 3320 and then 3270 are important levels.
Here is some valuable info: when the $TRIN hits 3 or more the sell off is real then protect your position or get out. easy peasy.
Didn't that happen yesterday? So are you saying that selloff was real, but the one today is not since it's only at 1.25?
they dump then buy it up, we hit 15.25 during the last big correction in feb. Its all a game. 1.25 aint nothing. they dont leave billions to chance the algos are very definitive.
So they are buying the dip basically after the big red days on $TRIN?
usually or they move into other equities. took me years to figure out the scam..BTW no one is going to actually tell you how to trade thats kept close to the chest, if its worth the salt. I have my techniques and Im not going to tell anyone anything...
nope
march the big one...
Gregs in good positions theyve been buying all along theyre using TECH profits to buy russel 2000 stuff. All of his positions will pop, patience. Im holding $WMT. out of his picks.
Perfect, thanks for letting me know. Head up to the mountains!!
SLV chart the right shoulder is about to leave the station🚀🚀🚀🚀
Sorry guys my mistake SILJ/SLV junior silver miners chart sorry abt the confusion.🥴
Expect silver to rip hard though dont be surprised to $40 by end of year..
What do u mean?
Ammar if you zoom out and look at SLV chart from 2016 onwards there's a huge inverted head & shoulders the right shoulder as formed nicely and SLV will explode upwards shortly..
Thanks. That's good news for me. Got tons of silver options. How long do those take to play out?
same. silver and gold hammering me along with everything else i hold.
NASDAQ and the whole market goes down but TESLA rages on UP. Its not gambling if you know you are going to win...
This market is AZZ!!!!!!
so what's everyone doing with all these winning trades? it seems the market keeps falling. I still have some, like xle and ebay from june and july! when is it time to cut losses?
Traders only trade with money they can lose...
I am not really sure what that means. one should be irresponsible because they can afford to lose the money?
Here is my advice sassy pants. if you enter a trade and have averaged in multiple times and after two weeks you cant seem to make a profit then find the best opportunity to cut your losses based on the average range of that specific stock
thank you!
Im not sure if these posts or real or a construct. I assume there may be some real people, perhaps greg asks individual to mix things up with controversy like the anon construct, but either way the statement is true, bet what you are willing and able to lose. Because in the end this is all gambling.
no this is real. im real. I agree. I cut losses this morning because I couldn't afford to lose anymore. Id rather wait for a better opportunity- I just think right now is too risky.
However, this person has been holding these stocks for WAY TOO LONG. I feel bad.... at a certain point you have to just get out and move on, I set my personal time at around 2-3 weeks.
I held WMT first go round and it took WEEKS but it majorly paid, I made 15gs but if I held it would've paid..40G They like to bring calls at times close to a buck before they rebound them..IMO but not always.
I didn't sell when Greg did and like an hour after he sold they announced the Tik Tok bid so I made like 2500 I think. But I was only holding that for a few days. I think it depends on the stock but regardless, a new trader should not be holding options for months and months and just watching them decay!
the problem I"m facing now is that I cut losses on all my others and as soon as I did, i mean by days, the stock went up and I would have made a lot! (and Shawn i'm real!)
Flip side I have lost 12Gs two years ago to $aapl calls...
yeah so if you follow Greg's alerts, make sure you only have play money then
Or dont trade just buy long...
I cut losses this morning. I can't risk anymore capital. countries are starting to go on lockdown. Israel staring today for three weeks and it won't be long before some of the European countries do so as well. I did not want to hold over the weekend worrying if I'm going to lose more
i'm down so far, it's insane. I've worked really really hard since April to lose a lot of money.
that is what happens to every new trader. You have to know when to cut your losses and it is important to average in. Always make sure you have enough money to buy several different stocks so if you are losing on one you are gaining on another- and if you are up even just five percent then take your profit until you get more experience. Greg is right when he says it is never wrong to pull profits. I pulled my money out because im looking at all the charts and honestly they have all fallen quite a bit already that when the stocks starts to move back up ill be able to hop back in and make the money back. If I stay in the trades and the market keeps falling then with time decay I'll lose too much money.
this is so true.
I think greg is probably making good revenue with asking for 5 bucks from his followers multiplied by? Could be quite lucrative. Smart guy.
Lol he ain't gettng anything until this reverses. Down like 6k on his trades
There with you!
once i actually make money on his trades ....
On a buy call option what's the most I can lose? I think its how much I bought the option for. Can you guys help me with this.
what you bought it for.
next week...
$WMT target 131.96 IMO
Can you run the same on MSFT
So Cal does you chart show WMT getting down to a buy zone?
Thank you
Thinking of averaging down in MSFT and WMT, but WMT next major support is $190, and WMT is $133.35. Thoughts?
Theres alot going on in that chart. What specifically should I be looking at?