I don't have enough money to trade options, enough risk tolerance for margins. I bought 20 AAPL first thing this morning. What would you recommend as a triggered sell price if I want to get out today or tomorrow?
Honestly whatever you're comfortable with. I have been using 10% rise, but with a volatile market, it'll take some swings. Gregs sells sometimes at 3-4%. Just depends on the gut. Like he (and others say),it's never wrong to take a profit. It's better to get 5% than think you'll get 15-20% and wait it out only to get piggy slaughtered.
Our AAPL call is about to skyrocket at open..
Is that because you're predicting volatility, or a rise in the stock price?
Well I was just looking at the Pre-market increase and set my sale price @ 18.0 and made a 8% gain on the sale
I don't have enough money to trade options, enough risk tolerance for margins. I bought 20 AAPL first thing this morning. What would you recommend as a triggered sell price if I want to get out today or tomorrow?
Honestly whatever you're comfortable with. I have been using 10% rise, but with a volatile market, it'll take some swings. Gregs sells sometimes at 3-4%. Just depends on the gut. Like he (and others say),it's never wrong to take a profit. It's better to get 5% than think you'll get 15-20% and wait it out only to get piggy slaughtered.
Yes it is.
Thanks Greg, Good Morning LIONS, and yes This looks like A TRAP, and I'm moving forward VERY CAUTIOUSLY!!!
How you doin', dude?
Doing GREAT, you?
Fantastic, brother. Didi you end up lighting up the grill for labor day?
Yes I did, I grilled Steaks one night and firecracker BBQ chicken wings the next.
I bought close to expiry TQQQ calls yesterday instead and closed this morning with 18% gains. Thanks buddy. Your feel for the market is uncanny, man.
Eyes on the ball