Search results

I am betting upside surprise, but price action doesn't give me the confidence. I don't mind owning the stock for the long term, hence the put selling. May sell more prior to earnings.

Tiptoe into Twitter earnings.

He opened his book to me and I just can't do what he does. I don't have the conviction and courage to pull the trigger as he does.

The guy is my subordinate at work, which is unrelated to the financial market. He has a busy schedule, put in 12 hours at work, driving kids to school, fixing all the rental properties by himself ( including complex work like plumbing and foundation), then this stock trading hobby...

I have a friend who gets a call every year for the past 10 years from the compliance department at Scottrade asking if he has inside knowledge of the companies he traded. He is so precise at timing the entry and exit. He bets big and only has one or two positions in the account (low to mid-six...

Yes, there is a tax advantage. But what about the risk? The success rate of trading future vs stocks? The market place is too smart to let you have a free lunch...

When you sell options, you receive cash aka option premiums in your account. IB will pay you interest (higher than most banks).

Remember: fundamental trump technical; long term trump short term. Experience is your best teacher.

The spread will be so wide that you can drive a truck through it. Not worth the risk.

My experience taught me less is more. Let the pro do the research and you manage the portfolio.

Need a six-figure account to do it. IB is the best place because they pay you good interests for the proceeds.

synchronized global recovery underway...with the support of all central banks...

I don't see euphoria. I see institutions putting money to work after a slight pullback in March.

Trading is like going to a battlefield. Those carry a rifle or pistol would not come out alive. Only the ones with machine guns and grenades can survive. Have enough arsenal in your trading strategy, and spread the risk with a machine gun. Don't try to hit the bullseye with a rifle. The market...

Only 50% in my opinion. The other 50% is the Fed, which has made a 180 pivot. The conventional wisdom is as you put it "buy the rumor and sell the news". But when the rumor is multidimensional and keeps changing, the market doesn't know what to believe until the end. Trust Trump and Xi will...

The guy should go back to school and get a Ph.D. first before talking about AI.

I see less of FOM in March, but more of fear of topping out.

Depend on your risk tolerance, position size and level of diversification. But it is not a science, otherwise, it would be too easy. Use the chart as a reference, but understand that everyone is looking at the obvious level. First loss is always your best loss, most of the time.

I played earnings too and use options exclusively. But don't analyze as you do. I keep it simple by looking at current vol. I focus more on price action leading to the earning. Let the smart and the brave go first, and then I will make a move. I always have a plan B. That is to take the...

The market has spoken loud and clear. The trade deal is the next big catalyst. It is yet to price in. Don't over think.