I have a itchy finger too. That's why I'm paper trading while waiting for my positions to actually move. Gotta hit that buy/sell button dude. It's an addiction!
10-4. I like that too. Casinos used to rig the demo accounts in the early days of the internet. Get big paper gains, more people jump in and use real money, only to lose it to computer algorithms.
This is a GREAT time for demo playing. Invaluable experience.
I decided on Wednesday to sit out. Learn how to do credit spreads and see what Monday brings.
Have to say I am really pissed off about the metals manipulation. My years worth of profits is almost gone. I phoned the Securities commission and they actually told me to sell it, instead of putting the banksters in jail.
If it wasn't for people like Gregory, Lynette, etc. I probably would have sold it but I am not. I have known since 2009 this was going to happen and I am prepared. They are really trying to demonize gold and I have to say to myself "Why?" I am sure they are stocked right up. Thanks Gregory.
If congress pass the $1.9 trillion stimulus bill this weekend, stock market will go up. Stock market going up or down will be dependent on the republican's votes.
Well, I was more or less joking. I sold it all off 1-2 days ago. All my calls actually. I took Gregs silence on his recommendations with an awkward feeling. I did lose quite a bit, but just don't have a good feeling on this. For people like myself, the market crashed hard. There wasn't really a warning this time. I usually am able to get out ahead of time. All of my 100% small cap gains vanished in 2 weeks... I don't like anything right now. It seems like someone or some entity is toying with individual investors.
This happened to me last summer with GILD and EBAY. It took awhile to backfill the crater from that implosion, and now this. I'm going to stick to indexes for calls and buy puts on an individual issues that look like they're going to fall off a cliff.
So he means if you are already in a long position like the SPY... and it has moved against me... don't sell at a loss? Just wait until some news signals its fixed and then add positions on the way up to mitigates losses? Any one good at understanding GM speak?
Finger is getting itchy 😂, but you are right, no need to rush into anything, no need for FOMO
I have a itchy finger too. That's why I'm paper trading while waiting for my positions to actually move. Gotta hit that buy/sell button dude. It's an addiction!
You can paper trade too.
Do you mean fantasy trading? How do you trade paper? Like currency?
Paper trading means you trade in your Demo account.
10-4. I like that too. Casinos used to rig the demo accounts in the early days of the internet. Get big paper gains, more people jump in and use real money, only to lose it to computer algorithms.
This is a GREAT time for demo playing. Invaluable experience.
USO Gapped up nicely this morning. I needed that! 😃
I’m buying more physical silver😎
When do you think they will step in and announce yield control?
I decided on Wednesday to sit out. Learn how to do credit spreads and see what Monday brings.
Have to say I am really pissed off about the metals manipulation. My years worth of profits is almost gone. I phoned the Securities commission and they actually told me to sell it, instead of putting the banksters in jail.
If it wasn't for people like Gregory, Lynette, etc. I probably would have sold it but I am not. I have known since 2009 this was going to happen and I am prepared. They are really trying to demonize gold and I have to say to myself "Why?" I am sure they are stocked right up. Thanks Gregory.
If congress pass the $1.9 trillion stimulus bill this weekend, stock market will go up. Stock market going up or down will be dependent on the republican's votes.
I'm buying all the BABA I can!
Now that's conviction! Good luck to both of us- I'm getting killed sitting on this thing.
Well, I was more or less joking. I sold it all off 1-2 days ago. All my calls actually. I took Gregs silence on his recommendations with an awkward feeling. I did lose quite a bit, but just don't have a good feeling on this. For people like myself, the market crashed hard. There wasn't really a warning this time. I usually am able to get out ahead of time. All of my 100% small cap gains vanished in 2 weeks... I don't like anything right now. It seems like someone or some entity is toying with individual investors.
This happened to me last summer with GILD and EBAY. It took awhile to backfill the crater from that implosion, and now this. I'm going to stick to indexes for calls and buy puts on an individual issues that look like they're going to fall off a cliff.
I agree. I got taken by GILD too. I get lucky on some of the calls, but not lucky enough.
So he means if you are already in a long position like the SPY... and it has moved against me... don't sell at a loss? Just wait until some news signals its fixed and then add positions on the way up to mitigates losses? Any one good at understanding GM speak?
Land mines everywhere
You taught me well, master. Is exactly what I'm doing. :)
Agreed... Staying away from Fu*kery..
Great advice as always.