In the old days of series 7 semantics I think they called this a straddle position so you
protect your position with little investment whichever way the market blows down or up and realize the difference less the premium paid for the losing position of the straddle see saw position. The 10% position play and the mathematics is what baffles most less sophisticated investors or day traders. They probably ask why 10% why not 15% or 20% so there must be
a proportionate ratio in play that we who don't play the market each minute of the day and
Hey LIONS, I'm still doing my homework on a Saturday Night, and next week is going to pay off even bigger than this week!!! Thanks Greg, and I can't wait to here the MARKETS LOOK AHEAD tomorrow!!! Almost can't wait for the Markets to open back up Monday morning, but until then I will keep studying!!!
Sorry I have sent so many messages---but Greg (Lion) you have a ton of money to risk and not feel the pain when you lose --so you can take the risk----but I am a cub with not much money that I can afford to lose buying options-----and feel the pain when I lose.
Not at all Tim, start out small and have many small positions and be willing to LOSE IT ALL in any position and never sell for a loss just because you got scared cause its loosing a little $$$ today or this week, because next day or week it might pay off!!! There is no guaranteed success in options trading and yes you will lose sometimes and maybe have to sell at a loss to recoup what little $$$ is left, but if you are smart and study the trends in the markets and study and watch certain stocks you can be very successful!!! When I first started several years ago I lost my A$$, but took a step back and learned more by trading on a paper money learning platform until I felt my skills were good enough to start back Live Trading again. I also met Greg who gave me the Insight and Courage to be the successful Trader that I am today!!! I have grown my Investment account 200% this year from OPTIONS TRADING!!! I study everyday and follow Greg's Work everyday and I don't always buy every Call or Put Greg suggest but will add the stock to my watchlist and analyze the trade before I buy. I have always been a leader and not just a follower and most of my trades are ones that I make myself, and some of them just happen to be ones Greg suggest as well. Take all the options trading courses you can and If you really try hard and work SMART you too can be a very successful TRADER!!!
Thanks this does help!🤓
In the old days of series 7 semantics I think they called this a straddle position so you
protect your position with little investment whichever way the market blows down or up and realize the difference less the premium paid for the losing position of the straddle see saw position. The 10% position play and the mathematics is what baffles most less sophisticated investors or day traders. They probably ask why 10% why not 15% or 20% so there must be
a proportionate ratio in play that we who don't play the market each minute of the day and
night!!!
Makes perfect sense. Thanks GM!
Great example! Thank you Greg!
When you say average down I assume you mean buy more calls of the same strike and expiration but at the lower premium.
Hey LIONS, I'm still doing my homework on a Saturday Night, and next week is going to pay off even bigger than this week!!! Thanks Greg, and I can't wait to here the MARKETS LOOK AHEAD tomorrow!!! Almost can't wait for the Markets to open back up Monday morning, but until then I will keep studying!!!
Sorry I have sent so many messages---but Greg (Lion) you have a ton of money to risk and not feel the pain when you lose --so you can take the risk----but I am a cub with not much money that I can afford to lose buying options-----and feel the pain when I lose.
options are for big players---not the average guy who cannot stomach a big loss and hold the big loss (when it does not go his way)
Not at all Tim, start out small and have many small positions and be willing to LOSE IT ALL in any position and never sell for a loss just because you got scared cause its loosing a little $$$ today or this week, because next day or week it might pay off!!! There is no guaranteed success in options trading and yes you will lose sometimes and maybe have to sell at a loss to recoup what little $$$ is left, but if you are smart and study the trends in the markets and study and watch certain stocks you can be very successful!!! When I first started several years ago I lost my A$$, but took a step back and learned more by trading on a paper money learning platform until I felt my skills were good enough to start back Live Trading again. I also met Greg who gave me the Insight and Courage to be the successful Trader that I am today!!! I have grown my Investment account 200% this year from OPTIONS TRADING!!! I study everyday and follow Greg's Work everyday and I don't always buy every Call or Put Greg suggest but will add the stock to my watchlist and analyze the trade before I buy. I have always been a leader and not just a follower and most of my trades are ones that I make myself, and some of them just happen to be ones Greg suggest as well. Take all the options trading courses you can and If you really try hard and work SMART you too can be a very successful TRADER!!!
Last two weeks with Apple
It was a rollercoaster but we got massive win this week! 💪🏼💪🏼
Yes Sir we did!!! Got to do your homework, and have faith in your trades!!!
Thanks Greg VERY SMART!!! WOW what a week, and LIONS have a GREAT WEEKEND!!!
Thanks for the schooling.
Thanks for your service GM
Great example! Thank you Greg!
Thanks for clarification, makes so much sense.
Thanks Greg you're top man 😁
Thanks i understand this now. G
Awesome post Greg