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I'm ready to cash in on my Postage Stamp Futures. A while back, I bought Forever stamps for $0.27! Ready to cash in at $0.55!!!

Where will FJ be by tomorrow? 100? Below 99?

I was specifically referring to Italy. This shows that it can be contained in new areas. Btw, my temperature has gone up from 98.6 to 99.4 since 3:30pm. That's 4.5 hours. I've been getting chills and a general feeling of being sick. I've had a lingering cough since March 9th.

Because the curve of new infections is beginning to flatten.

If it climbs to 3,000, then I'll make my money back from that stupid oil Futures trade

I am the most amazing investing genius to ever walk the Earth!

Which was actually no news at all. Everybody knew he was going to lose anyway!

https://www.treasury.gov/resource-center/data-chart-center/interest-rates/pages/textview.aspx?data=yield I quoted the rate of the one-month t-bill, but you can go all the way up to 30 years and it's only 1.32%. Even that is a rate nobody would be happy with. I know that bonds are all about...

I know the rates are low because lots of money is flowing there. Do you think anybody is content making 0.1%? Of course not. Meaning there's a lot of built up "energy" just waiting to move out of this. New virus cases are finally showing signs of decline in Italy, possibly Spain. Showing what...

Look how low T-bill rates are. Do you really think people want their money in T-bills? Of course not. They'll move it somewhere else as soon as it's not foolish to do so. Outlook on stocks is looking up!!!

I don't look at it as a % of an account. I look at it as... How much money am I willing to risk trading? It's a % of my total money that is mostly in other places (not in brokerage account). I only have time to pay attention to a few trades maximum at a time. And if I wasn't going to use the...

Is my math correct? If it goes down to 2100 from where I bought at 2697, that's 597 points. With 11 contracts, 597*5*11= $32,835 I would need to import into the account to keep it going.

I'm saying that my risk management is built in to the amount I put in the trade in the first place. For now, that works for me.

You're just saying offset potential losses with gains. Offset potential gains with losses. Instead of beating around the bush, why not just take my loss if I was wrong? My hedge was that I didn't risk more than I could afford to lose in the first place. Those same hedges would cap my gains if...

What would be an example of a hedge I could have used in this situation?

I'll hopefully see a big jump in CL on Thursday from the OPEC meeting. I think it will still go up even after that, so I'm not sure when to sell it honestly. I think trying to predict short-term highs and lows is impossible. Might as well focus on the bigger picture. And this virus has made...

I was too inexperienced to do that at the time. I was waiting for market to open knowing that it could possibly gap 5+ points down and that if it's anywhere near 31 or over, I'll just sell it all so that it doesn't have time to go down. But you see my prediction was actually correct. The thing...

Risk:reward. If I lower risk too much, then I get pennies even if I win. Risk mitigation is great and all, but at some point I must admit... That if I guessed wrong, I lose!!! That's the nature of the game.

The maintenance margin is much smaller than what I had with my 7 CL's. I can afford for it to go down before it goes back up.

I paper traded some Boeing. Sold calls. Almost doubled my money. Proof attached.