Thank you Gregory. I have made 400.00 in the last 2 days doing that. Not shooting for real high gains, not saying I don't want them, but taking those small profits is growing my account!
yeah i see this sideways stuff! and it feels like to me more running up too...with the inevitable fall back. i'll just keep buying more as it goes up as I'm too deep into this strategy to change now.
what do you suggest about a losing call trade that got far away from you but you believe the stock will still rise? sell it and buy what? further expiration? lower strike?
that's always hard. i've heard two different things: dollar cost average - buy more as it goes up or at say 10-20% loss, sell. you can always buy back at a better price. I'm still trying to work out what's best....
After the behavior of the SPY these last weeks, difficult to trust a continuous daily rise will happen. It's always clear after the rise, but when my trade went up 5%, I wasn't ready to risk a new buy that could lose in a following fall.
pulled profit, now pls put out the next buy.
I just made them extra real. Just bought more silver. Seems like a good time.
What are your favorite silver stocks I like SLV and FSM a lot
I’ve only ever done SLV
I just bought physical silver off JMBullion though
Thank you Gregory. I have made 400.00 in the last 2 days doing that. Not shooting for real high gains, not saying I don't want them, but taking those small profits is growing my account!
Ty!
Awesome Greg thanks a lot!
Does this also apply to crypto?
Great advice!!! PULL PROFITS!!!
yeah! can't believe a mssge hasn't come out yet!
I have pulled profits on SPY twice and waiting to pull profits a third time, so I bet Greg has been in and out of several SPY trades today already.
i arrived late and just decided to buy puts instead! i hope i'm not wrong!
SPY is stalling out from its run up this morning, but still shows strong upward movement from all the promises from SANTA BIDEN and ELF YELLEN...LOL
yeah i see this sideways stuff! and it feels like to me more running up too...with the inevitable fall back. i'll just keep buying more as it goes up as I'm too deep into this strategy to change now.
i am just at break even now.
what do you suggest about a losing call trade that got far away from you but you believe the stock will still rise? sell it and buy what? further expiration? lower strike?
that's always hard. i've heard two different things: dollar cost average - buy more as it goes up or at say 10-20% loss, sell. you can always buy back at a better price. I'm still trying to work out what's best....
After the behavior of the SPY these last weeks, difficult to trust a continuous daily rise will happen. It's always clear after the rise, but when my trade went up 5%, I wasn't ready to risk a new buy that could lose in a following fall.