Well said Greg. This is not for everyone and the stock market in the short run is like a voting machine(For some people they think it is a casino) but in the long run, it's like a weighing machine.
Question - DIS currently showing "Sell" in stock screener. Dont we have to short it as per stock screener? Also for Visa. How do we suppose to trade? Hedge 50% or 100%?
Somethings ppl need to experience these things in order to grow and learn from. Ya I traded through the Finical crisis of 08 and got my clock cleaned but lived to trade another day, Dec 24 2018, March 2020. If you dont have the ability to stay calm and rational during these types of events then its best just wait for Greg and Micheal to put together their hedge fund and invest through them. Losing money happens, ya i still get that tight feeling in my gut when it happens, i dont think that ever goes away at least not for me but it does not mean you have to act on those emotions. Stick to your plan and dont abandon ship just coz it hits choppy waters.
Same concept as going to the casino. If you go in expecting to win you will always lose. If you walk in accepting that you may lose your predetermined budget then only good things can happen. Scared money never wins. This is definitely not the environment to be guessing. Thanks for everything GM. 👍
Can I get a Duh!
Well said Greg. This is not for everyone and the stock market in the short run is like a voting machine(For some people they think it is a casino) but in the long run, it's like a weighing machine.
Hi Mr manarino I hope you are well
Well...Duh, Duh, Du-Du-Du-Du-DUH!! ;-)
Thank you as always.
Question - DIS currently showing "Sell" in stock screener. Dont we have to short it as per stock screener? Also for Visa. How do we suppose to trade? Hedge 50% or 100%?
Whoever this is addressed to: Dont send Greg hate mail because of youre bad decisions. Hes not some oracle who can predict the future
Somethings ppl need to experience these things in order to grow and learn from. Ya I traded through the Finical crisis of 08 and got my clock cleaned but lived to trade another day, Dec 24 2018, March 2020. If you dont have the ability to stay calm and rational during these types of events then its best just wait for Greg and Micheal to put together their hedge fund and invest through them. Losing money happens, ya i still get that tight feeling in my gut when it happens, i dont think that ever goes away at least not for me but it does not mean you have to act on those emotions. Stick to your plan and dont abandon ship just coz it hits choppy waters.
While you take home lessons Wall St. is taking home cash
Did u buy on this dip? Or did u sell?
Same concept as going to the casino. If you go in expecting to win you will always lose. If you walk in accepting that you may lose your predetermined budget then only good things can happen. Scared money never wins. This is definitely not the environment to be guessing. Thanks for everything GM. 👍
Your exactly right Greg, don't use money that your going to need to survive in the next couple of years atleast
it's about fear and greed
stz look at price increase from november 4-9 till today
TGT 60% run this year only .
Who's blaming you Greg? Markets go up, down and side ways sometimes. Some times
they just bubble and don't move in any particular trend up or down. Under the fake market
circumstances, you are at the very least identifying "icebergs" just below the normal
surface so that anyone with half a brain can attempt to navigate around them hopefully
to safe harbor. Options are just bets a stock or whatever the underlying bet is on will go
up or down and in that I don't use the term spreads I would surmise it is much like a
straddle position so you won't lose your a__ if it goes the opposite way of any major
position you have. Anyone blaming you maybe shouldn't be in any "risky business"
because the stock market and commodities etc. all have inherent risks as well as
head winds and tail winds in any movement. The Fed stated I believe yesterday they
are not going to taper any time soon until 2023 so why is everyone worried about
the Fed Move(s)? If yields rise and so interest because of bond buyers wanting more
earnings on their bonds then that will have a down trending effect on all markets
but I ask anyone out there. We are currently at: 1.5-2% on conventional home loans.
In 1956, the loan rate in banks was 5.6% so we can't survive- 2.5-3.5% interest rate???
I told you, in 1989 I purchased my first home under a government loan. The interest
rate on the loan was 11.9% on a 30 year loan and I also paid a PMI insurance additional
monthly charge being a first time buyer. So, maybe, "builders" will have to start building
the old standard no crypt homes like Levitt Towns again so people can "afford - affordable
housing"! Everyone needs a luxury home and yet they complain about the cost as being
unaffordable. Maybe buy less square footage, maybe build onto it over time when you need
more new space and then eventually sell it when you finally feel you have the income level
to live in a luxury home of whatever kind later with the "savings you saved over time" as well
as the money from the sale of the first home you built on, improved and sold for a "profit"
Equals Capitalism and Markets.
Thanks for the update appreciated
Don't worry. The FED has your back. What a FREAK show