Recent content by Secatu

I've deleted all my alerts, but I keep getting a ton of e-mails. How do I stop those?

If you use a good trading platform (i use TOS, etrade, and TastyWorks) you dont have to worry about it. They do all the underlying fundamentals for you. If you wanna get down and dirty, buy the book. I think you can get it on Amazon for like $60.

I'm actually really sorry. Tip: Don't give tips when you're distracted.

My apologies. I'm a little fired up watching football.

I totally agree, but I don't think he needs to make it worse. I'd recommend cutting losses. I hate to keep use a poker analogy for trading, but they're very similar. The guys that lose the most are newer players that keep throwing chips in pot, hoping and praying for a a single card on the turn...

He's a newbie. He's not going understand how to manage all the aspects of rolling a trade or utilizing other strategies to cut losses. I think he just wanted immediate help - not a full on tutorial (there are so many variables involved that it's complicated).

Was it a naked short? Sorry, I'm watching football and may have missed it. If so, I can't believe they would allow you to make the trade (I think you have to be Level 3, and even then it's very dangerous). I'm about as conservative as you can be (if you wanna play around with it and have cash...

You're way too deep. I would have thought you a troll were it not for almost 13,000 posts. I would do - nothing. I'm almost 60. If I haven't found my nirvana, then the bull-call-spreads won't work.

Yea, it's pretty simple. You support something or you resist it.

I personally think trading, especially in a choppy market, is way harder than hunting or fishing. But admittedly, I'm way better at outdoor activities than I am at trading (and I'm definitely not professional, but I do earn extra play money).

I use volume profiles and other support/resistance levels to help determine possible counter-trends. If you look at the SPY right now, there's a lot of resistance at 412-416. If it breaks through, then I think we may have seen our lows for a while. But it's definitely hard to predict.

I wouldn't recommend DTEs the day after earnings (like a lot of people do), especially if you're selling options - not enough time to recover and it's harder to adjust if it goes badly.

Yeah, I know. I don't normally do earnings trades, but thought I'd check it out the free way. I know you can do well if you're on the right side, but too volatile for my old blood.

ORATS analysis as good a technical/fundamental data trading strategy site as you'll find. YET, I've followed them a couple months and have lost on several strategies (paper trade). I think that's primarily due to the crazy swings we've seen with earnings stocks in this weird...