Greg love your blog and appreciate all your work. Was wondering what happened to your SLV trade from the oct 12th? I saw you bought the June 23.50 call. I piggybacked you and still own. Now it says you don’t own on your current positions. When did you sell? Didn’t see it in your newsletter...
I did the same thing but the thing i keep in mind is that we are still golden until June 2012. This was a long call but can be sold early. That's the beauty of these option trades. I think GM listed his current buys, but maybe he sold
Steve, I'm trading the same way as Greg buying options and following his suggestions, but I also buy a few PUTS on these pullbacks and make $$$ on those days too instead of having to wait for several days for CALLS to show a profit when the market to go back up, and on days that the markets are choppy and you can't see a certain movement up or down I will not buy anything that day. I only trade a few large cap stocks that have very high volume and participation because this helps the stock move up or down in bigger swings, and thanks to Greg he has taught me to pull profits everyday when you have one because you can buy right back in trade that same stock over and over as long as its moving up and down. In a normal BULL market I will hold my calls for days and sometimes over a week and add to my position when the stock price drops and It averages down my price and increases the # of contracts and sell for a profit when I see a nice payday, but in this environment with all this uncertainty where a tweet from Trump or Pelosi will drop the market in a second, and this looming 'CRASH' that could come any day in this over inflated bubble market I have been day trading and not holding any positions over night. One really good tip is that stocks move really good everyday right after markets open, so if you are watching a stock and you know its going up then let it drop down at open and buy 1 CALL, and If it drops more buy another and sometimes you will have to average down your CALLS several times before it goes up and shows a very nice profit, and when you see a nice profit DON'T WAIT!!! PULL PROFITS IMEADIATLY before it goes back down, and do this over and over and over. I hope that helps you and If you want to ask me something I don't mind helping and others might have similar question. LIONS help LIONS!!!
Thanks so much William. I am a bit green with trading and options specifically. I am a conservative or hesitant by nature and tend to overthink things. I have been using a paper account with TD Ameritrade and either I am not buying in at the proper time or not selling appropriately, I am losing overall. So that is my dilemma about being able to trade with real funds and being able to get in/out at the best times.
Look at the trend. Nothing conclusive but the market has open higher almost every Monday after a weekend for the last couple months. Everyone panic backs out but Greg said he’s holding onto next week so that is what I’ll do.
Salvation comes through knowledge, not faith..
You can never pull too early if you're pulling PROFITS!! GO GO GO !!!
Greg love your blog and appreciate all your work. Was wondering what happened to your SLV trade from the oct 12th? I saw you bought the June 23.50 call. I piggybacked you and still own. Now it says you don’t own on your current positions. When did you sell? Didn’t see it in your newsletter...
I did the same thing but the thing i keep in mind is that we are still golden until June 2012. This was a long call but can be sold early. That's the beauty of these option trades. I think GM listed his current buys, but maybe he sold
Pull Profits!!! Ripping & Shredding!!!
Hi William. I would like to ask you about how you are trading. Could I send you an email?
Steve, I'm trading the same way as Greg buying options and following his suggestions, but I also buy a few PUTS on these pullbacks and make $$$ on those days too instead of having to wait for several days for CALLS to show a profit when the market to go back up, and on days that the markets are choppy and you can't see a certain movement up or down I will not buy anything that day. I only trade a few large cap stocks that have very high volume and participation because this helps the stock move up or down in bigger swings, and thanks to Greg he has taught me to pull profits everyday when you have one because you can buy right back in trade that same stock over and over as long as its moving up and down. In a normal BULL market I will hold my calls for days and sometimes over a week and add to my position when the stock price drops and It averages down my price and increases the # of contracts and sell for a profit when I see a nice payday, but in this environment with all this uncertainty where a tweet from Trump or Pelosi will drop the market in a second, and this looming 'CRASH' that could come any day in this over inflated bubble market I have been day trading and not holding any positions over night. One really good tip is that stocks move really good everyday right after markets open, so if you are watching a stock and you know its going up then let it drop down at open and buy 1 CALL, and If it drops more buy another and sometimes you will have to average down your CALLS several times before it goes up and shows a very nice profit, and when you see a nice profit DON'T WAIT!!! PULL PROFITS IMEADIATLY before it goes back down, and do this over and over and over. I hope that helps you and If you want to ask me something I don't mind helping and others might have similar question. LIONS help LIONS!!!
Thanks so much William. I am a bit green with trading and options specifically. I am a conservative or hesitant by nature and tend to overthink things. I have been using a paper account with TD Ameritrade and either I am not buying in at the proper time or not selling appropriately, I am losing overall. So that is my dilemma about being able to trade with real funds and being able to get in/out at the best times.
Sure, I will try to help.
Trump’s C.R.A.P. California Re-education Acumen Plan for wildfires probably will hurt again the middle class.
what % do you consider a dip? based on an option, 5% 10% 20%? Thanks :)
Look at the trend. Nothing conclusive but the market has open higher almost every Monday after a weekend for the last couple months. Everyone panic backs out but Greg said he’s holding onto next week so that is what I’ll do.
Thought the market was gonna go up today? The market is crappola..
Gambling $2000 for a 50 dollar profit, worse case scenario if you get off 1 minute too late you'll be down $200 dollars in seconds. Enjoy...
👍
It ain’t real till it’s realized
Set my li it order for 24.70. A WOPPING 3% return for spy. F'ing thing goes up to 24.69 and reverses for the day. Unreal!