Thanks Greg; this makes total sense and I feel the same way. My concern is the precious metal mining shares, which I hold as core investments. During the sell off in March, they were hammered. Any thoughts on this? Lighten up, or stay to course?
RF..think of the bigger picture and stay the course,yes pull backs will happen in precious metals stocks might be shallow or slightly deeper but try to keep in mind where the Gold/Silver prices will be even by year end..
I might look at pulling profits on my PMs stocks when Gold hits the $2750 area...
I've pulled money out before today only chase the stock higher..
If you have enough money there is no reason to buy options instead of stocks. Take more money per trade and your profits/losses will be the same as with options.
Greg Is 100% right, and if you position right you will make $$$ if the markets go up, and you will make $$$ if the markets go down!!! Simple as that, and when I wake up in the morning it doesn't matter which way it goes, cause if it goes up more I sell CALLS, and if if drops and goes down I sell PUTS!!! Why would you only want to just trade one side of the market!!! Greg always keeps his LIONS informed, and smart LIONS eat good everyday!!!
Thanks for the update Greg!!! I understand TOTALLY, and with the current economic situation it is hard to even plan for DAY to DAY, and WEEK to WEEK!!! Still plenty of money making opportunity in the markets with all this VOLITILITY, an options traders DREAM!!!
Thanks Greg; this makes total sense and I feel the same way. My concern is the precious metal mining shares, which I hold as core investments. During the sell off in March, they were hammered. Any thoughts on this? Lighten up, or stay to course?
RF..think of the bigger picture and stay the course,yes pull backs will happen in precious metals stocks might be shallow or slightly deeper but try to keep in mind where the Gold/Silver prices will be even by year end..
I might look at pulling profits on my PMs stocks when Gold hits the $2750 area...
I've pulled money out before today only chase the stock higher..
Sit tight and hold on 🚀🚀🚀
Hi Greg, What if I purchase stocks since I dont have access to Options, can i do so? Thank you :)
Using stocks instead of options is ok. Your profits will be small and slow but your loses will also be small and slow.
If you have enough money there is no reason to buy options instead of stocks. Take more money per trade and your profits/losses will be the same as with options.
Thank you Bruce.
Greg Is 100% right, and if you position right you will make $$$ if the markets go up, and you will make $$$ if the markets go down!!! Simple as that, and when I wake up in the morning it doesn't matter which way it goes, cause if it goes up more I sell CALLS, and if if drops and goes down I sell PUTS!!! Why would you only want to just trade one side of the market!!! Greg always keeps his LIONS informed, and smart LIONS eat good everyday!!!
I bet GM will be back tomorrow with a beaten down tech stock or something. He can't stay out if the bull ring for very long.
Thanks Greg! I really hope stocks go much higher after the election pullback,
Thanks for the update Greg!!! I understand TOTALLY, and with the current economic situation it is hard to even plan for DAY to DAY, and WEEK to WEEK!!! Still plenty of money making opportunity in the markets with all this VOLITILITY, an options traders DREAM!!!
Yep please do tell
"IF" - you got it. Like gambling? Wanna make 50 % profit? Bet on Trump. That's what I'm thinking.
https://www.oddschecker.com/politics/us-politics/us-presidential-election-2020/winner
It's just history, but this is the 4 year election-cycle:
https://www.seasonalcharts.com/zyklen_wahl_dowjones_election.html