Recent content by zhucap

  1. Z

    How big account size should you start with and how to build it up?

    I trade options and ran $10K into $50K. Don't think you can do it with less though. Good luck!
  2. Z

    Any full time traders in San Francisco?

    I'm in SF and trade mainly options. Would love to hook up no homo
  3. Z

    You rather be right or get rich?

    Got a "Confucius say" moment going on here. Thanks for sharing :)
  4. Z

    how to make trading education less boring?

    What are you trying to achieve with reading the book? Books are great but for trading, it's just theory. Take what you learn from the books and apply it in the markets with a small position size. When I started with options, I bought 1 contract to learn. Now I can trade 10+ contracts but start...
  5. Z

    Reasonable expectations for Trading

    I broke even for 6 years trading different strategies to learn before I found my niche. Everyone is different. There's no "how much can I reasonably make" when it comes to the markets. I trade options so making 100% or more on my trades is possible. Harder to do so buying straight equities. Now...
  6. Z

    You rather be right or get rich?

    I rather be rich than right, though at times they go hand in hand. Have you had an experience where you were wrong but the trade worked out for you? Or when you were right, but the trade went against you? To echo tomorton, some people are caught up with "being right." For myself, I just want to...
  7. Z

    Daily Opportunities

    Looks like it's still in a downtrend. Possible inverted h&s forming is what I see. I don't see a signal or trigger to get in yet. My 2c
  8. Z

    GE

    I bought GE at the close
  9. Z

    You rather be right or get rich?

    From a risk/reward perspective, I'm ok with using the closing price and the low of the candle. If I get stopped out, no worries. Buy order above today's high is prudent but I don't think I lose too much buying at the close. If breaks today's low, I get out. Thanks for your comment.
  10. Z

    You rather be right or get rich?

    Bought 200 shares of GE at the close. Stop-loss under today's low (2/26/18) Trigger was technical - Hammer candle with long wick on a downtrend, so reversal play. Holding period: few days to few weeks.
  11. Z

    Warren Buffett says famous hedge-fund bet delivered this unexpected lesson

    1. Betting that RUT will outperform DIA or SPY or QQQ or EEM in 20-30 years is a good bet with high probability but who knows if it will. My own thought process is to be diversified in low cost broad based index funds both US and international because... who knows which will outperform so best...
  12. Z

    Are The Markets Rigged?

    these threads make me reaffirm that there is money to be made in the markets. There are people out there and Trading is a zero sum game.
  13. Z

    Took out a loan to transition to full-time trading. 24 years old.

    takes a couple years of breakeven before you turn a consistent profit. Good luck
  14. Z

    You rather be right or get rich?

    Title saids it all. Next is Ego. $25K starting stack. Not a Pattern Day Trader. Options Level 3. Let's go.
Back
Top