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Got into CSCO late after I had already made my $25,000 from EMLX and TLGD. Started off as an investor losing a lot of monies before switching to being a trader. Still, I had a lot of things I did know then, like risk management and position sizing. Using stop losses and managing your trades...

The worst thing to happen is to make a lot of monies right from the get go. Happened to me. In the dot com boom I had 100 shares of EMLX and 200 shares of TLGD. Do not remember the exact prices I paid but, long story short, I sold both stocks and made $25,000. That was a lot of money for me. All...

There are more bored millennials today with the Corona Virus lockdown thinking to themselves, I can be a millionaire tomorrow trading now. What is so hard about trading? When reality sinks in, WTF, I lost all monies. What just happened?

Destriero has been desperate for attention for a long time now. Poor baby. Grow up little baby. Like the Democrats, I am sure you prefer the Chinese communists? May I suggest you move to China?

This is one more reason the silent majority will vote overwhelmingly, for President Donald Trump. Nobody likes thugs, threatening businesses and people.

The funny thing is as a trader, you will be tested, not once, not twice but, multiple times. So, if a person aspiring to be one, is so onion skinned as to accept a valid criticism, you will find it even harder to be a successful trader. You will believe that you are invincible, the greatest...

There is systemic racism in the US but, it is directed not merely at blacks or whites or asians or hispanics, etc. What this is about the attempts to extreme liberals to destroy the US and turn us into a third world banana republic run by communists. So, whites and blacks in Hollywood, social...

You certainly, have a reading comprehension problem and full of it. Like I said, do as you wish. Whatever you do, does not affect me. It is your arrogance that is the problem. I will add you to my blocked list so, you and I do not see each others comments.

90% of traders lose their monies and go broke. It is your monies and you can gamble if you wish. That is your choice. Be thankful, others are dissuading you from taking unnecessary risks. The primary reason traders go and try and beat the stockmarket is to earn some monies to make life easier by...

If Hillary Clinton was President, she would tell everyone she is in full control and will handle the Corona Virus and nobody worry their pretty little heads. In the meantime, she will open the US borders wide open, allow everyone to enter including, huge numbers of Corona Virus infected people...

My impression was the original poster wanted to find out what percentage of the ET message board believed in get rich quick schemes. Most day traders have that mentality but, others too hope to find the holy grail that makes one a millionaire overnight. Hope springs eternal but, a useless...

Probably, 85-90% of those on ET want to be overnight millionaires and most likely, 100% of the ET trolls. Delusional, best describes it. Amazing, so many want to be filthy rich without expending some effort. Those successful traders on Market Wizards, paid their dues, lost monies at the start...

That is why financial statements of Wall Street companies are audited by accounting firms to make sure all the figures claimed are in fact valid and accurate. Most traders now rely on a much more reliable metric, the stockcharts. Think about it, it represents all the opinions of all the traders...

Don't tell them. Much more fun watching them all shorts get steamrolled like a pancake. When the big boys move the stockmarket back up, watch for the carnage. It won't be pretty.

Hilarious. Ha ha ha! Dow Jones down 730 today, thank you. I closed my INO calls and VXRT shares today at a huge profit. I got more lined up next week. Atleast, with you ET trolls, you make it entertaining and give us a good laugh. You might want to hold off on your celebration yet, the big boys...

You are welcome.

Usually, hedging a position cost you monies. Options be it calls or put have already a built in risk limit which is the cost of the premium. You cannot lose more than that. You can always limit your losses to 50% of the premium by selling it when it reaches that limit. That reduces your risk...

Looks like you have lost most of it. Learn risk management otherwise, it just takes one bad trade to wipe you out. I think you are taking way too much risk per trade. Not a good way to trade and harmful to your financial health in the long run.

Yeah, nobody is going to notice the difference. Oh, the cut out cannot put his hands on the children and women and sniff their hair. Ha ha ha!

Which strike price did you buy? Looking at the chart, this stock is in a pullback. You can sell a higher strike call to get premium to reduce your losses. Learn risk management. Seems you are taking way too much risk.