It's nice financials are going up. No prob anyway, got tons of time on them. I LOVE swing trading, there is less stress. I don't have to watch and sweat the daily ups and downs of the market. As long as I know the GENERAL DIRECTION of the market I'm ok. I buy with 200-600 days on the contract, then sit back, wait and close out positions when I get a decent profit. 😃
I should have closed INTC when it was at 67. I thought it was going higher. INTC may have bounce off support and going up. I bought the dip and rolled my position out to Sept.
NFLX is in a range. It may go down to 560. I'm going to wait for a few days and see it drops down more.
It's nice financials are going up. No prob anyway, got tons of time on them. I LOVE swing trading, there is less stress. I don't have to watch and sweat the daily ups and downs of the market. As long as I know the GENERAL DIRECTION of the market I'm ok. I buy with 200-600 days on the contract, then sit back, wait and close out positions when I get a decent profit. 😃
I'm still in XLF. It is only a tiny position though. XLF is at all time historic high while we have high unemployment and business closures. So be it.
We need XLE to go up.
I was down 20% in CPER then I caught a gap up this morning and now I'm 20% up. Things can change overnight in this game. Hahahahahahahaaa!
"Infrastructure Stimulus" = metals for building like copper, steel, nickel etc.
What about INTC ? Calls are down more than 50% since it was said to be "a buy here" ...
Could you please advise about stop losses ? Buying "the dip" only makes the position go out of size and the supposed dip isn't finished.
How can one manage such a position without catching a falling knife ?
What about setting stop loss at -5% from the start and just get out instead of buying more of the rubbish ?!
Any word on Intel or Netflix
Both stocks will be down for a few months.
I should have closed INTC when it was at 67. I thought it was going higher. INTC may have bounce off support and going up. I bought the dip and rolled my position out to Sept.
NFLX is in a range. It may go down to 560. I'm going to wait for a few days and see it drops down more.
Good morning.