Guys, I've made a ton of $ in short-term options trading, but with this market volatility, it's probably not best to play options if you are not experienced and understand technicals / resistance levels/ macd / rsi etc. Suggest to take education on all this stuff if you really want to learn. After a year of taking a bunch of courses and reading, I realize it's not really for me and I'd rather just buy during bullish trends and get out. I've lost a ton of $ this last 30 days b/c I violated my own rules, but I think Greg is right on this one, don't short b/c vote is coming up on senate floor next week, and if it passes really bullish for stock market. I also do feel there is a risk of a huge crash this year, but that is baesd on just 'gut' no evidence to support my claims.
Jus wanted to share that I think we all lions should also be prudnet in educating ourselves with detaield technical readings of charts before following any position blindy. Know your entry and exit points.
Simple, Markets go down buy PUTS!!! Markets go up buy CALLS!!! Markets are clearly under pressure and have been for several weeks, so if you are a SMART LION you will take advantage of these trends. Markets especially TECH has trended down for several weeks so then buy PUTS, and if you have been shorting AAPL you would have made a NICE PROFIT!!! What doesn't make sense to me is telling everyone to by CALLS when February is clearly a down month and all the stock suggestions were clearly at a HIGH MARK that signaled SELL, and now all the people that followed your picks are getting SKINNED ALIVE!!! I knew better and I feel sorry for all the LIONS that took great losses and when they ask for help there is no answer???
Guys, I've made a ton of $ in short-term options trading, but with this market volatility, it's probably not best to play options if you are not experienced and understand technicals / resistance levels/ macd / rsi etc. Suggest to take education on all this stuff if you really want to learn. After a year of taking a bunch of courses and reading, I realize it's not really for me and I'd rather just buy during bullish trends and get out. I've lost a ton of $ this last 30 days b/c I violated my own rules, but I think Greg is right on this one, don't short b/c vote is coming up on senate floor next week, and if it passes really bullish for stock market. I also do feel there is a risk of a huge crash this year, but that is baesd on just 'gut' no evidence to support my claims.
Jus wanted to share that I think we all lions should also be prudnet in educating ourselves with detaield technical readings of charts before following any position blindy. Know your entry and exit points.
Simple, Markets go down buy PUTS!!! Markets go up buy CALLS!!! Markets are clearly under pressure and have been for several weeks, so if you are a SMART LION you will take advantage of these trends. Markets especially TECH has trended down for several weeks so then buy PUTS, and if you have been shorting AAPL you would have made a NICE PROFIT!!! What doesn't make sense to me is telling everyone to by CALLS when February is clearly a down month and all the stock suggestions were clearly at a HIGH MARK that signaled SELL, and now all the people that followed your picks are getting SKINNED ALIVE!!! I knew better and I feel sorry for all the LIONS that took great losses and when they ask for help there is no answer???
That is what I don't understand???