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Interesting. I had just requested by email their track record which they claim is totally transparent. They only sent me their covered calls track record, not the directional buy calls/puts that I wanted to look at. I re-requested the proper record last night, and if they don't send me the...

I looked at the chart for SE and I think a lot of traders would've been faked out by that rally that stopped you out, so don't feel too badly. If you are undercapitalized you might want to look at cheap weekly options to swing trade. The weekly FB 24 calls are only 40 cents last price. If...

The more trades that are placed by a single individual in a single account, the less chance any success is due merely to luck. I personally think 100 trades is way too many for luck to play a role in success. The more leveraged used, the lower the number. Monkeys throwing darts at stock lists...

Yes.

When Jones buys tops/bottoms he probes and tests with small positions. Then, if it moves in his favor, he adds on--big.

Hammers are only effective with confirmations: 1. price moves above top of hammer 2. price closes above top of hammer (better than #1) without these two confirmations a hammer is not a bullish signal aggressive traders may enter early, but it is more risky exception: a hammer, esp...

I think we may be getting close to at least a relief rally. The way the market defies gravity maybe it will go on to new highs--who knows. But I doubt that. It will probably be a good time to short when a rally starts to fizzle. Turnaround Tuesday might be the trick.

GRPN and ZNGA up 6 or 7% today. Nice start.

E-trade does it, I am pretty sure. Ask them. There are other brokerages too, gotta research it on the net.

If you listen to his online interview http://consult-fx.com/top-day-trader-marty-schwartz-interviewed you will hear him say that out of 250 trading days per year, he made his $ on 50 of them and (more or less) broke even the other 200 days: 1/5 and 4/5 ratio. You will need Realplayer...

Yes, I did buy short term Nov calls, some in the money, some out. I did make $, but missed the big move. I got in on Mon, out on Tues. So I definitely made a mistake not staying in! There are plenty more opportunities. Rest easy. ps, how much did I buy? NOYB : ) pps, MCP is not an...

Thank you.

I am still pretty green about the greeks. If I see that the theta is 0.042 for a certain option, does that mean: 1. $4.20 of time value is eaten up that day? 2. 4.2% of the time value is eaten up that day? 3. 4.2% of the entire option price is eaten up that day? 4. Or something else...

Peil, you are all right. But try to learn from this: when "everyone knows," it is usually lemmings racing toward a cliff.

Yeah, the institutions here for sure. Good job on your prediction. I was bullish too.

Will "they" (those nasty market makers) pin FB's price at about $20-21 for end of week? There are a lot more outstanding puts than calls. That price level seems around max pain to me. Thoughts?

from a chart monkey: TSLA is in a monthly up trend; if can break above $40, the sky is the limit could be a really smart long term investment, nursebee

LOL, okay PEIL, you got me! MCP But further study of its chart makes me nervous that it wants another let down below the hammer before it will run up. No telling for sure, as always. Buying early without confirmation of having the price move above the high of the hammer would be dumb, IMO.

Yesterday we had huge volume exhaustion followed by a hammer today (still a hammer with dark body): not too bad odds IF price shows some strength ABOVE today's high of 7.33 that it will work its way up to $8-9.50, IMO. (I might place a buy stop limit order, stop 7.34, limit 7.38) We also have...

Yesterday we had huge volume exhaustion followed by a hammer today: not too bad odds IF price shows some strength above today's high of 7.33 that it will work its way up to $8-9.50, IMO. (I might place a buy stop limit order, stop 7.34, limit 7.38) We also have divergence forming on the MACD...