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    Just a note about my thread on options...

    Short and brief...I run a thread on the Journal Forum. I mostly post about boring trades in stocks and covered calls. These posts don't show up on the response list, because it's a continuation of an existing thread. No big "look at me, look at me". Just making people aware for those who do...
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    Cabin's journal of buys, sells, and covered calls...

    Optioned (1 covered call) Resmed (RMD) for the Jan 25 $320. The stock shot up today by over 7%...It may have to do with side effects of certain weight loss drugs. This is a good quality company that is big time into CPAP machines and equipment. I had keep this option open (good till...
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    My new CPA tells me that owning a seat means I should be paying ordinary income rates

    Before/if you let him go...Ask him how he would defer your taxes in different ways. He may be wrong on one issue, but a gold mine on how to keep the government from grabbing the money quickly... I caught my CPA making major mistakes on investment...But was good/OK in other areas.
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    B. Riley (RILY) debt securities taking a hit...

    I looked through the B. Riley website just now. They talked about investment banking a lot...That and many other things. What I was looking for was some type of mention of FDIC anywhere!! Nothing that I saw... That would have been a nice layer of protection (and accountability) that may have...
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    Semi Conductor stocks are weakening- not good!

    Drop Micron drop!! I own 200 shares of MU...100 shares I optioned for the Dec $100., the other I am just holding. Would love to see the optioned one not get called away. Let's take a little while longer to figure out the value of AI for right now...
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    Really need advise on my trading system

    First things first...How do you know you do not have a gambling addiction vs being a trader?? Take a hard look and ask others you trust. I would walk away from trading for about 5 years. Do not put good money after bad!! Find a job with a matching 401k...Stay at least 5 years for...
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    How to find an edge ?

    Berkshire Hathaway...I know, let's buy a railroad!! Like we saw that coming...
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    How to find an edge ?

    About 1975 I saw an old friend coming back from college. In his place he had "A stick" he was playing...See below. He said "nobody understands my music"... I'm thinking..."Yeah, they understand your music!! It's terrible..." It's like saying "people just don't understand my trading style"...
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    How to find an edge ?

    Investor here... I usually look for industry leaders who have had a bad quarter. I also look to see if they have a wide moat (think Apple). The market beats the tar out of the company for a few days. I put in a low price and wait for the market to come to me (hopefully)...Many times the...
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    Cabin's journal of buys, sells, and covered calls...

    Quick option in Roth IRA (100 shares). Junior Gold Miners (GDXJ) One covered call for the Jan 25 $58...I got $137. for the option. I still own stocks in things like RING and SLV. Just not optioning them at this time. I'll hold them for insurance sake. I just wanted to create some income...
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    Traders that lie about their income

    I've worked for forty years (with three different CPAs), to be asset rich and income poor. I am not the only one...Tens of millions do the same thing. Gold and silver coins, huge Roth IRAs, cars and trucks, asset generation skipping, matching my long term losses with gains, rentals in good...
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    Traders that lie about their income

    What I laugh at are the people who lie about their trading level. They lie to the option brokers and say they've had years of experience at level 1, 2, or 3!! Naked puts on margin...What could go wrong??
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    how do you think like a trader?

    I think you are starting with a wrong presupposition...Which may effect your trading. Retail trading is so little of the market...It's the other 77-78% you need to be aware of. Just grabbed off the net... "The percentage of total trading volume coming from retail investors was about 23% from...
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    company insiders pumping and dumping with misleading press releases

    I'll look through my pink sheet stocks and see if I can find an example... That's a joke, for those who don't get it...
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    Can you share a significant trading lesson you learned the hard way?

    Know what a "fat finger" means... https://en.wikipedia.org/wiki/Fat-finger_error
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    how much do you get actually lending out short if you own shares?

    Earnings per share -$39.27...Nothing could go wrong!!
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    how much do you get actually lending out short if you own shares?

    I called Fidelity one time about this. Things like QQQ they would loan out interest at 1/2 of 1 percent...Nothing. For my Toray stock (TRYIY) they were offering 6-12% interest, I think. Toray I bought on the Tokyo Exchange, so it became much easier for Fidelity to make the offer and harder...
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    Cabin's journal of buys, sells, and covered calls...

    An option today on Starbucks...It's up about 20% today. One covered call for the June 25 $125. I got $2.01 ($201. for the option). It's in our trust account. They brought in the chief executive from Chipotle to turn it around. I don't think it will be a fast turn around...Many labor...
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    B. Riley (RILY) debt securities taking a hit...

    It's so me...I can see the picture, but can never get the timing right. In 2000 I could see the dot.com bubble before my eyes. I bought a put...Waited 6 months and it expired worthless!! Two months later it imploded!! I never pulled the trigger on this stock...Wish I had.
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    Looking for mentor I'm a beginner

    I can't help you...I'm old. If I had an edge, I wouldn't give it to anyone (most smart people are the same). This is a basic basic site. At least you can learn the language and lingo to start off with... https://www.investopedia.com/financial-term-dictionary-4769738
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