Recent content by tj1320

I damn sure wouldn't use their stop loss strategy. What I would do is spread my money out into several of their positions and possibly use stop loss orders of 50% or higher to avoid getting stopped out immediately. Some of their picks REALLY take off like you said but every now and then one will...

No, actually I've been trading straddles and strangles with good success. I messed up and had a MAJOR volatility collapse when I had about $12,000 in my account, taking it down to about $4,000. I'm back up to $8,000 now though, mainly thanks to RMBS having a 30% run up a couple weeks ago. I'm...

Get your buddies together and paper trade a full month of their free picks and see what happens. Each person would get a free week so you need 4 people. Simply sign up for the free email each time and paper trade the picks. My buddies and I did that and we were very impressed. However, their...

Thanks guys, that is what I needed to know. She was worried that if the market crashed I would lose everything because there would not be anyone to sell to. The way I see it, if I purchased puts on stock XYZ for $3 and the market crashed along with the stock and the put was then trading at $10 x...

I have a question about market crashes and how it affects options. My mother brought this up to me because she is worried that I'll lose my money if the market crashed like it did in '29 and '87. I told her that if I had puts that I would profit greatly from a market crash and she doesn't...

I realize that this guy is not doing it. I simply got the idea from that chart and thought, "10% per month in the options market would be much easier and much more probable than 10% per month on the stocks themselves." I thought maybe some of you guys had tried this but obviously not.

Wow, nobody makes at least 10% per month trading options? I would think that would be easy in the options market.

If an options trader could make 10% per month, theoretically that person could turn $5,000 into $1,500,000 in 5 years. Here is the chart I found but I found it on a penny stock site. :p :eek: I know this wouldn't happen with penny stocks...

This may be profitable after all. I bought at $1.20 and it is currently at $1.65 so we'll see. I have a feeling that this is going to get worse for BOL before it gets better.

So are PEIX and others going to be good put candidates pretty soon? PEIX shot up really fast and it just seems too good to be true for the mid-long term.

Thanks for the help guys. I forgot that I have a sharebuilder account with Wells Fargo and here is what it told me (Portfolio Builder) to do over the long term for aggressive growth and higher risk: Total of $400 per month, will be more as I make more money. (EFA) EURO-ASIA INDX...

This is an interesting site about straddles/strangles. www.optionslam.com I like to go back and look at what stocks have moved the most in the past on either earnings or just in general and quite a few of them average around 14% movement per month. I'm currently in a long term play on AAPL...

Thanks for the advice, fellas. I'm looking into a Roth IRA from Fidelity right now.