30 Comments

As soon as I get out of my BIG loss on BABA calls trade...

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Why beg for $5 GM when you make tens of thousands of dollars from Google with this YouTube blog you have. I think us viewing your posts twice a day and giving a "like" is more than sufficient in my opinion.

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why not? that's just fair.

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I don't have PayPal... how else can I donate?

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This is how you donate. Get a pen and paper and write this all down.....

Send all your Bitcoin, cash, stock certificates, altcoins, physical gold/silver to:

trumpHELL666

666 Eternal Fire Avenue

South Perdition, Hell 70666

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That’s a productive plan 🤦‍♀️

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Am wondering the same.

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Is this that Scammer Guy again? 🙄

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I did. You're worth more. You're priceless

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Sure, when I cash out some options.

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I lost so much money I think I'll quit - I stop my losses.

My whole powder is stuck in these BABA calls that seem to be one of the few stocks that are NOT rising again now (it's down 44% although I bought more the way down).

What a bad idea to have bought calls on a record high just before cratering. Can't say thanks for this one...

I don't want to lose even more money trying out those other ideas that were mentioned.

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I feel ya bro. I'm also stuck in BABA along with WMT. I've had it with individual issues- too many of them get struck by lightning and then I'm screwed. If I stick with this I'll just trade SPY. I've done pretty well with that back when we were trading SPY a few months ago.

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I feel SPY is better too but more often than not it trades sideways these days before the last correction.

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Yeah, it certainly isn't viable all the time. Maybe after this down cycle runs its course.

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I think we will see baba bounce before the mid june exp. I feel you though, I'm in the same boat, bought down multiple times and I'm still down 48%, brutal...

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This is sweeped under the rug

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i never put more money in one single trade than i can accept to lose in it. Say max 5 % of my trading capital. For example: I bought a dow call june21/31,750. Entry was @ 31966, my worst entry since i can remember. What could happen? Sure, I could lose the whole position. Not nice but doesn't matter. I will win on another trade. Fact: I am still in the trade and think i will make profits. In case we will see another low <30142 i will buy some more of these calls. And than I will wait till they are in profit. Am relaxed because of one reason: my opening position wasn't to big.

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You’re right I know and Greg said so too in his book.

Truth is the BABA call was 33 and well over the 5% limit but I trusted Greg’s advice.

I don’t have a 60.000 training capital.

Then it fell and I took more.

Now I’m stuck and no more powder.

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So you have 3 possibilities: a) Realize losses and try to make profit with the rest of your money in another trade. b) Wait and hope that it's getting better. Or c) the hardest one: Sell and buy the Baba trade on a lower timeframe, hourly/daily. Where was your entry in USD? Which Call?

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It’s a JUN21 260C in @ 33 now averaged to 22. Today’s price is 13.

I tried to hedge but too late. Should’ve hedged rather than average down when it hit -10%.

I’m waiting for now.

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am pretty sure baba will see an upmove now

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In Greg's "98% safe" table it says for BABA : "sell"

Also it gapped down against yesterday's close.

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Here's the alert :

"BABA takes off at the open..

I believe you can ride this one, looks like more upside here- IMO."

https://gregorymannarino.substack.com/p/baba-trade-5bc

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Yes of course!!! Done!

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Done

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Has anyone here gone with Michael Pento?

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200 CHF for your woowork :D, thanks a lot, Greg

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Thank you!

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