I doubled my account this month in regular stocks. This clearly SHOULD NOT be possible, taking in consideration that I made quite a few mistakes and in quite new to this.
Zio / Nov 19 ||| Silver: I ecpect 21.xx USD. Than a rallye up to about 35 USD, later 50 USD.
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Closed my Calls on Silver and EUR on friday with remarkable losses. Looking up for a Reentry in Silver Calls. Am still in Calls on Dow & Dax & SAP & First Majestic & 1 Silver Call/25USD_June2021
Would love your advice- I bought a spy call last week before the big drop, would you hedge it or just sell it for a loss, and start shorting? Thank you!
Depends on your risk tolerance(stop loss), and how far out you bought the contract. Spy will rally over the next month, especially with FDA decision on PFE vaccine early December. However, we will see a dip before the rally...
This is only my opinion as well. Noone truly knows what the market is going to do. You just use as many tested resources as possible to make the most accurate prediction you can
Last week I bought SPY call (Feb 19, $360) before the big drop... should I hedge it or close it and take the loss at this point? New to trading so this is my first taste of a bear market !
Thanks Greg!
I bought 356 puts at open (thanks to your pre-market video) and 360 on your alert. Closed both with profit!
My crypto portfolio is currently outperforming anything I've ever seen! I'm just gunna watch the show for now :)
I doubled my account this month in regular stocks. This clearly SHOULD NOT be possible, taking in consideration that I made quite a few mistakes and in quite new to this.
Thats awesome! I took all my profits this year and pumped all of it into metals and crypto like Greg said to. My XRP has doubled since last week!
Zio / Nov 19 ||| Silver: I ecpect 21.xx USD. Than a rallye up to about 35 USD, later 50 USD.
>>>
Closed my Calls on Silver and EUR on friday with remarkable losses. Looking up for a Reentry in Silver Calls. Am still in Calls on Dow & Dax & SAP & First Majestic & 1 Silver Call/25USD_June2021
At this point it seems I will keep my Calls on Dow & Dax & SAP till Silver reaches 21.xx. Than sell the Calls on all three.
I'm in Greg, didn't see it right away, which is good, caught it as SPY started to go down.
Thank you Greg, you and a twitter account @optionsoverlord has helped me finally hit the six figure club!!!!
it was a let down correct? now your like more! never enough...
Very true! immediately focused on getting to the seven figure club
Would love your advice- I bought a spy call last week before the big drop, would you hedge it or just sell it for a loss, and start shorting? Thank you!
Depends on your risk tolerance(stop loss), and how far out you bought the contract. Spy will rally over the next month, especially with FDA decision on PFE vaccine early December. However, we will see a dip before the rally...
This is only my opinion as well. Noone truly knows what the market is going to do. You just use as many tested resources as possible to make the most accurate prediction you can
But yeah, you’re right. No one knows what the market has in store for us.
It’s feb 19, 360 call. So I have time, but right now I’m down around $250 so I don’t know if it’ll rally that much? Just one contract.
Isn't Thanksgiving COVID VAC MONDAY usually bullish? LMFAO
Can someone explain buying a put? Does it mean you want it to drop? Just want to make sure I’m doing this right.
Yes buy put = MARKET DOWN ( SAME AS SELL CALL )
I bought the Put this morning, the price dropped, I lost money. Can someone explain why?
wow! it went totally vertical just after you sent this. i had bought one, but then bought more when it did that.
Greg it would be awesome if you could share with your lions when you are building your position so we may all profit more!
Last week I bought SPY call (Feb 19, $360) before the big drop... should I hedge it or close it and take the loss at this point? New to trading so this is my first taste of a bear market !