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anyone has the problem of weeds in grass psychology. when lawns get weeds, someone chooses to replace the whole lawn with new grass. or someone call weed control company to treat weeds. most people choose the second one. in trading, often we get good trades and bad trades. for example...

kind of curious, why paper trading? does that help? I think that hurts! when you do a good trade in paper account, will create one illusion: you will do a good trade in live account too, if you try live and get a losing trade, you will feel you are defeated again. paper trading is worthless...

yes. option is fresh vegetable. decay quickly, value lost quickly. not for buy and hold strategy, like gold. after many years, it is still fresh and shiny. I hold stocks, not day trade them. option magify tiny move in the underlying into big wave. very elvasive, need quick action to...

a true trader always has two plans, PLAN A and PLAN B. an amateur does not have plan suckers have plan, but just PLAN A: make lots of money,overnight rag to rich. a holy grail searcher does not know trading is an odds' game, in reality behind the surface it is a gambling game, they...

in intra-day chart, it is hard.like coin-flipping. after I enter, if red quickly. I will cut loss and think it is a reversal, not a pullback.there is no 100%. for indexces, they are above50days EMA, I will not consider up trend reversal. I will buy dip. if they are under50days ema, I will...

I agree. I use EMA to gauge and bar color change to determine a pullback. of course that is just a guess. only late on you know it is a pullback or trend change. it is fruitless to judge whether it is a pullback or not. always there is some trap pullbacks. what I did is enter a trade if that...

rule 1: the cheapest one, if strike a costs 0.2, and strike b costs 0.1,buy B. the same applies to put/call, always bet on the cheaper side. BUY LOW and SELL HIGH, common sense. chance to win isabove 50%. rule 2: current market +- one strike of out of money option for example, ES 5point...

do not try to figure out why things happen. actually lots of things happen with no reasonor with many possible reasons. forexample, if someone crazy enough, and have lots of money(unlimited),he can keep buying buying, and pushing it higher and higher when some one gets cancer, people...

me too. shorted some, bought some puts. fundementally crude heats up easily, since everything is cruded. one tiny change in one factor will generate bigwave. but when it heats up, others including everything hurts. so it is not sustainable. when it shoots up to $150, global economy will...

planned 32.5 (last time high), but not bid/ask. so I bought 33.0 . 500lots. sold on the opening. bought 32.5 again in the retracement (thought drop to 32.5 last time high,but it goes up from 32.75). pretty much easy resistance/support play now, day trad it now. move some profit into real...

enjoy the financial freedom. thank you Mark Zuckburg. you disppoint short seller and bashers.

your analysis about your trade is pretty objective. the real problem here is: you already saw the downside, but wait for pullback to short. when you see the pullback, your mind may think it is uptrend, you may wait for downside pullback. you are stuck. for day trading. that is definitely...

you must be a gambler, then you are a true trader. trading itself is a coin-flipping thing. whether you trend follow, or counter-trade, or fade, or bottom fishing, or top picker. no strategy will gurantee there is a must win. if you100% win,you either cheat or get inside info. NO RISK...

I have some calls in the money. I need be aware of this divendend thing. thanks

the only thing here is: cash flow and its efficency. to me,$25k is lot of money. why if you trade 10 times a day, each trade is $2.5k value, your transaction value is $25k already. or in businness wording, your sale is $25k. that is huge. most bussiness can not generate so much sale. like...

what working natural gas means?: price will increase? sortof confusing with net injection(demand) what storage natural gas means?: mean the only thing so far I understand is net injection/withdrawal. hard to comprehend the inventory report. I trade NG lot, but want to have a better idea on...

as we all know, if we want to make money, we must be in the right side of the market, or in another word, we must ride the right trend or direction. that leaves people impression is: counter-trend is fruitless, stupid, sure to lose.why short rally or buy drop, how stupid it is. most...

have a plan, I agree. but talk to traders, I do not. when you have a plan, you do not need talk to them.otherwise other people's view/opinion may impact your plan. I remeber last weekend I talked to one of my church friends,I said I am going to buy WFC calls and SPY calls. I said "the market...

mistake 1: not plan the trade(which timeframe, under what condtion to enter,and exit) mistake 2: not execute the plan(when the condition occurs,freeze or shy away or take execuse to go to batheroom or chat or do others to avoid pressure and responsibilty) mistake 3: executed the plan...

earning option play is like buying lottery. my stregy is buy 10% of my account, if unexpected happens, normally will generate 10fold even 100fold gain, that corresponds to 2fold gain on all account bet. normally I play the after-earning, yesterday's GOOG is a good example. counter-trend...