Remember, these trades are general suggestions. If you blindly follow Buys and Sells, you're buying after Greg already got in, fueling the pump and then selling for a worse price after Greg already dumped the trade and cashed out. Look at a 5 min chart for SBUX, WFC and ABT, they all had a quick initial move higher (this is likely when Greg is making money). If you didn't look at the chart, you're buying at the top, and the price falls and you're stuck in the trade much longer trying to dollar cost averaging your way out. You will get lucky sometimes, but the majority of the time you will lose money.
Greg says always : looking for bottoms is for losers, and he trades the trend. I noticed that means you have to hold sometimes more than a week. So who listen to ?! Also, when he says « know how to play it » means to me : buy the dips.
Exactly, and who ever the CALL SELLERS are, are MAKING A KILLING!!! Then before the price goes back up they can buy them back for less than they sold them for and close the trade. Example, Trader tells all his follower to buy Calls on XYZ and then turns around and sells $50,000 worth of Calls, and CALL SELLER says buy the dip because the stock drops, so buyers have to buy more Calls and the seller collects another $50,000 than now equals $100,000, and since the price dropped the SELLER can now close his trades by BUYING BACK the Calls he sold for $80,000 and profit $20,000 in one day. I didn't realize this was going on so much until I did a little research into these WALL STREET BETS and HEDGE FUNDS and how they operate!!! Be careful who you trust because you might squeak out a few profits if you get in and out quick enough, but most poor trusting souls are just making these CALL SELLERS RICH!!!
Who ever is on the other side SELLING the CALLS you buy, and I don't know but it could be hedge fund guys, or a group of people, and it could even be GREG??? Not accusing anyone but just bringing to light how these hedge funds operate, and they are a bunch of SHARKS!!!
It’s the price movement of the underlying asset that makes the option price move. Can Selling massive amounts of ITM calls (the ones we trade) manipulate the underlying to the low ? Selling ITM options basically means giving the buyers the right to buy the underlying at a lower price than the actual.
I’ve been following Greg for years built positions in metals and crypto before buying stonks. I have never been stuck in a trade that Greg has suggested also I click the button and only I do that. Greg teaches how to play these positions and if you can’t learn and apply to other opportunities then you probably shouldn’t be trading at all. Greg is a teacher and a strong hand. I have made more gains playing the position than waiting and waiting missing opportunities and I also take profits multiple times on the same range over and over again because my risk tolerance is different than everyone. Get Greg’s book it will help.
If you've had a perfect trading record for years, without any unexpected outcomes, great, good for you. I'm just trying to put things into perspective when people come on here and start complaining that they are losing money. You cannot trade consistently and successfully without some basic knowledge of technical analysis. Blindly following buys and sells is not a strategy, it's lazy and stupid.
I agree, I screen all my trades with TA. That's also my point. You can't defend people that trade like pigs then get mad. Greg always says pull profits. I sometimes pull 1% profits just because my risk tolerance and sometime I pull 30% profits, it's all up to the trader. Bulls make money, Bears make money, & Pigs get slaughtered. I made huge gains in real estate from 2009 built a base in Metals and Crypto before touching Options, but I consider myself a smart trader
As I was closing out some profitable positions this morning I noticed I had a Maintenance Call which is basically a margin call. I don't use margin so I decided to ask Ted. He couldn't answer the question so I requested to speak with an agent. After waiting for about 10 minutes the call was DROPPED! Hahahahahahahahahahaa! Somebody is mad because I'm taking their money. Hahahahahahahahahahahaaaaa! 🤣 🤣 🤣
Ted: Hi, I'm Ted-your virtual agent. You can ask me questions like, "How do I make a deposit?" or "Where do I place a trade?" How can I help you today?
You: why do i have a maintencance call on my account
Ted: I am not sure how to answer that. The answer to many questions may be found on the links in the "Related help" section of this window. You may also try rewording your question. I understand simple questions best. Chat Live with a Person
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1: Ask one question at a time.
2: Keep your questions simple and short.
3: If his answer seems unrelated to your question, try rewording your question.
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Who was that last Friday who was telling me "Nobody is buying SLV"? I woke up to a gap-UP in SLV. Hahahahahahahahahaa! I'm glad I go the opposite way that the SHEEP are going. 😂
Greg you always say « looking for bottoms is for losers », and you trade the trend. I noticed that means you have to hold sometimes more than a week. Some guys here say different stuff. So who listen to ?! (I know whom to listen ...). Also, when you say « know how to play it » means to me : buy the dips. And I make money this way in contrary to what I read in this thread.
When Greg suggest a Call buy and I look and it has already topped out, and the time to buy Calls for that stock was 2 days earlier, then I don't buy!!! Wait for it to pull back some before buying in, and If you buy when the stock has topped out it will drop back and you have to buy more and more calls to average your entry price down. Every one who buys Calls and then the stock drops is making the CALL SELLER VERY RICH!!! Do your home work and don't always follow like a BLIND SHEEP!!! Smart LIONS know better!!!
Maybe you should quit trading and stay at your day job. I started trading with Greg in October 2019 and I've increase money that would be sitting in a bank account making negative yield with interest by 80% in 4 months. Where else can you get that kind of return? Cryptos but I own those too. Thanks Greg!!!
Remember, these trades are general suggestions. If you blindly follow Buys and Sells, you're buying after Greg already got in, fueling the pump and then selling for a worse price after Greg already dumped the trade and cashed out. Look at a 5 min chart for SBUX, WFC and ABT, they all had a quick initial move higher (this is likely when Greg is making money). If you didn't look at the chart, you're buying at the top, and the price falls and you're stuck in the trade much longer trying to dollar cost averaging your way out. You will get lucky sometimes, but the majority of the time you will lose money.
Greg says always : looking for bottoms is for losers, and he trades the trend. I noticed that means you have to hold sometimes more than a week. So who listen to ?! Also, when he says « know how to play it » means to me : buy the dips.
Exactly, and who ever the CALL SELLERS are, are MAKING A KILLING!!! Then before the price goes back up they can buy them back for less than they sold them for and close the trade. Example, Trader tells all his follower to buy Calls on XYZ and then turns around and sells $50,000 worth of Calls, and CALL SELLER says buy the dip because the stock drops, so buyers have to buy more Calls and the seller collects another $50,000 than now equals $100,000, and since the price dropped the SELLER can now close his trades by BUYING BACK the Calls he sold for $80,000 and profit $20,000 in one day. I didn't realize this was going on so much until I did a little research into these WALL STREET BETS and HEDGE FUNDS and how they operate!!! Be careful who you trust because you might squeak out a few profits if you get in and out quick enough, but most poor trusting souls are just making these CALL SELLERS RICH!!!
Who are you talking about when you say “call sellers” ?
You mean Greg rips us off ?!
Who ever is on the other side SELLING the CALLS you buy, and I don't know but it could be hedge fund guys, or a group of people, and it could even be GREG??? Not accusing anyone but just bringing to light how these hedge funds operate, and they are a bunch of SHARKS!!!
It’s the price movement of the underlying asset that makes the option price move. Can Selling massive amounts of ITM calls (the ones we trade) manipulate the underlying to the low ? Selling ITM options basically means giving the buyers the right to buy the underlying at a lower price than the actual.
Exactly!!! And the Call Sellers are raking it in and KILLING IT!!!
I’ve been following Greg for years built positions in metals and crypto before buying stonks. I have never been stuck in a trade that Greg has suggested also I click the button and only I do that. Greg teaches how to play these positions and if you can’t learn and apply to other opportunities then you probably shouldn’t be trading at all. Greg is a teacher and a strong hand. I have made more gains playing the position than waiting and waiting missing opportunities and I also take profits multiple times on the same range over and over again because my risk tolerance is different than everyone. Get Greg’s book it will help.
If you've had a perfect trading record for years, without any unexpected outcomes, great, good for you. I'm just trying to put things into perspective when people come on here and start complaining that they are losing money. You cannot trade consistently and successfully without some basic knowledge of technical analysis. Blindly following buys and sells is not a strategy, it's lazy and stupid.
I agree, I screen all my trades with TA. That's also my point. You can't defend people that trade like pigs then get mad. Greg always says pull profits. I sometimes pull 1% profits just because my risk tolerance and sometime I pull 30% profits, it's all up to the trader. Bulls make money, Bears make money, & Pigs get slaughtered. I made huge gains in real estate from 2009 built a base in Metals and Crypto before touching Options, but I consider myself a smart trader
That's it, small consistent wins, close up shop and go surfing.
As I was closing out some profitable positions this morning I noticed I had a Maintenance Call which is basically a margin call. I don't use margin so I decided to ask Ted. He couldn't answer the question so I requested to speak with an agent. After waiting for about 10 minutes the call was DROPPED! Hahahahahahahahahahaa! Somebody is mad because I'm taking their money. Hahahahahahahahahahahaaaaa! 🤣 🤣 🤣
Ted: Hi, I'm Ted-your virtual agent. You can ask me questions like, "How do I make a deposit?" or "Where do I place a trade?" How can I help you today?
You: why do i have a maintencance call on my account
Ted: I am not sure how to answer that. The answer to many questions may be found on the links in the "Related help" section of this window. You may also try rewording your question. I understand simple questions best. Chat Live with a Person
Tips for Best Answers
1: Ask one question at a time.
2: Keep your questions simple and short.
3: If his answer seems unrelated to your question, try rewording your question.
Related help:
Help with accessibility
Market research - markets overview
View my account balances
View my account positions
View my account history
Your current expected wait time is approximately 5 minutes... Cancelled.
Your connection to chat has been lost, please try again later.
Who was that last Friday who was telling me "Nobody is buying SLV"? I woke up to a gap-UP in SLV. Hahahahahahahahahaa! I'm glad I go the opposite way that the SHEEP are going. 😂
SLV gapped up and is at short term resistance. Let's hope it keep on going.
Greg you always say « looking for bottoms is for losers », and you trade the trend. I noticed that means you have to hold sometimes more than a week. Some guys here say different stuff. So who listen to ?! (I know whom to listen ...). Also, when you say « know how to play it » means to me : buy the dips. And I make money this way in contrary to what I read in this thread.
What a shit show kkkkkkkkk
When Greg suggest a Call buy and I look and it has already topped out, and the time to buy Calls for that stock was 2 days earlier, then I don't buy!!! Wait for it to pull back some before buying in, and If you buy when the stock has topped out it will drop back and you have to buy more and more calls to average your entry price down. Every one who buys Calls and then the stock drops is making the CALL SELLER VERY RICH!!! Do your home work and don't always follow like a BLIND SHEEP!!! Smart LIONS know better!!!
I follow Grey for many years now and I didnot make 1 cent profit. What a joke!
Maybe you should quit trading and stay at your day job. I started trading with Greg in October 2019 and I've increase money that would be sitting in a bank account making negative yield with interest by 80% in 4 months. Where else can you get that kind of return? Cryptos but I own those too. Thanks Greg!!!
I sold Disney for 179.. I never ever make some money with Grey