Search results

Just sell to close your option. It will sell for the current price of the option. The monies get credited to your account. You will zero out (no longer have the option) your position when you sell it. You have a profit if you sell it for more than you paid for the call option.

There are far too many so called gurus or experts who promise that you will make millions in the stockmarket but, cannot show one simple setup to demonstrate that they even have the competence as traders to teach you anything? So, we have to take them at their word, or lip service and just fork...

Never thought any of Covel's books were any good. There are supposed to be about trend following but, all he does is put out stats on hedge funds results on trend following which a lot of them do! Now, I have paid for seminars, some better than others but, he comes across as a snake oil...

Closed my INTC trade today too not because of the Dow being down quite a bit. It was actually, a pretty good trade. My rules just told me to exit. Just my 2 cents. I think news is already baked into the markets by the time it opens. I do not even use it to make my trade decisions. Just the...

The Chinese made a very small token offer of increasing purchases of US goods. They were not really serious about it! Had they been and just said, okay, we will order more US goods. Try to have fair trade by ordering the same amount they export from the US, this would have been over! I do not...

The problem is there is a lot more rubbish and misinformation spread by hacks peddling their books, DVDs, seminars costing thousands of dollars. How many actually, learn anything useful that they can use to trade and make monies? Probably, closer to zero! Online seminars are exploding and a...

Fair trade would be a positive for most markets because trade would increase not decrease! The only reason it is a big issue now is those who got unfair trade agreements because US politicians sold the public out, now do not want to give up those advantages! They should realise a trade war will...

Each trader is different and a lot of things you cannot learn from books or DVDs alone. That is the theory part, trading as it happens is the application of what you have learned and then, some. For me, I review each position daily while, the market is open. Is my assumption when I placed the...

Saw a guy on You Tube. His name is Tyler Chianelli and he trades LEAPS which are longer term options and claims huge gains on trading out of the money options but, he gives it a lot of time. Like 9 months to 1 year out. It might be too risky to try and get huge monster like results from out of...

The five foundations receiving this donation include the Bill & Melinda Gates Foundation, Susan Thompson Buffett Foundation, Sherwood Foundation, Howard G. Buffett Foundation and NoVo Foundation. Don't you find it odd that two of the foundations are owned by his relatives and one by Bill &...

If you think that is the loophole, you are not very smart! One of them is the Gartt Trusts. The way it works is these billionaires run their monies thru various trusts, like a shell game. Say, they establish 5 trusts, let us call it A, B, C, D, E. So, Mr. billionaire runs his monies thru, moving...

I am cynical alright as far as these blowhards go, because a lot of it is put out by the biased liberal media. What you are saying about that $72 billion to charity is just a pledge. A pledge is just a promise! It has not really been given away. So, he controls his monies, probably, gets a tax...

And how much time do people waste on their cell phones on idle chat? For the miniscule amounts to play the lottery, I would say it is a very cheap form of entertainment. If I win anything, it is a bonus! Rich people too buy lottery tickets. A woman who has won the lottery more than once, has...

A powerball ticket costs $2, mega millions $2. I buy both and only 1 ticket each, not every draw but, only when the jackpot is $100 million or more. Risking a few bucks will not break you. Some people probably, spend more on a Starbucks latte. Since, I buy only 1 ticket, it is a very cheap...

When you have no clue on what you are doing in the stockmarket yet, still plunking in lots of monies in the hopes of hitting a homerun trade or investment in on whole swoop, you are gambling! Too many people think the stockmarket is an easy place to make monies. Well, it is not so easy but...

I have a friend who is a doctor and she has on a number of occasions questioned me on trades I placed (I share them with her since, I am also, mentoring her) and asking me one question after the other. Now, I say, long before your reach your 100th question, the trade would have been over. It...

And the liberals keep whining that the tax cuts benefit only the wealthy? Yet, the biggest whining idiots are the filthy, rich liberals with multiple McMansions and now have to pay more? Jokes on them. Not all their lies are going to change the facts! It is just hilarious when Nancy Pelosi says...

Maybe, the rich don't actually want to pay more in taxes contrary to what Warren Buffett keeps telling people in the media? The same blowhard showed his tax return to the liberal media where he showed an income of only $11 million and for which, he paid a measly sum of $1 million. Now, take note...

That is not allowed as far as I know. I also, trade options. Sold a call option one time when my intention was to buy the call option. To close it, I tried buying the call option at double the contracts and my order was rejected. So, I just closed the initial position. Then, placed a 2nd order...