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    So, you were cheering for the market to crash, What do you do now?

    Individual stocks are down more than the indexes. How many stocks does the average person have? Probably, atleast, 5 stocks, maybe, more. Drawdowns are real. If you are a trader, you can lose more in a short period of time. That is why you need risk management. If not, you are cannon fodder.
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    So, you were cheering for the market to crash, What do you do now?

    The most important lesson of today, have some risk management in your trading. It takes only one or more days like today to destroy your account for good! Those who held their own, chances are good, use some form of risk management. If you made a lot of monies, you are one of the select few...
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    So, you were cheering for the market to crash, What do you do now?

    I think it is fair to say a lot of people got hosed. This is just the start. Individual stocks got hammered a lot more than that!
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    So, you were cheering for the market to crash, What do you do now?

    So, you were cheering for the market to crash, you got your wish, what are you going to do now? Like they say, be careful what you ask for as you might just get it?
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    It doesn't have to be like this.

    No, thanks. Send her to Harvey Weinstein and I am sure both of them will get along fine!
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    It doesn't have to be like this.

    Police has been subjugated in most cities being called, racist, murderers and what have you. Also, more police murdered nowadays because of the hate coming from BLM and other extreme liberals! Nowadays, police would just take down and write down a report from a shooting because they know...
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    You are not a trader until you ...

    You are not a trader until you can accept that you can be wrong and the market is always right! Look at the mirror at your biggest enemy. It is you!
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    It doesn't have to be like this.

    We just need to restore law and order in the entire United States! Right now, extreme liberals and their backers are engaged in violence, threats, destroying public property and extreme, liberal media backing up those actions! It is time to hold people accountable. Any other country, a few...
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    How to Stay Calm & Collected when trading for real?

    You have to have been in someone else's shoes to know how it feels and it does not feel good to keep losing monies! I have been there and done that. Also, learned that being arrogant in the stockmarket, guarantees your failure! Lose the attitude. Only, when you accept that you have to be a...
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    How to Stay Calm & Collected when trading for real?

    This was the same guy I and a couple of other guys tried to help but, we got chewed up because he cannot handle the fact that we challenged his claim to being an expert trader. He said he is sure he is going to be a success if only he will get a break. Or if he only had more monies! I told him...
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    The #MeToo Kavanaugh Ambush

    Look at Alexandria Ocasio-Cortez, keeps talking about all the freebies she wants to give away being a Socialist but, cannot explain how she intends for paying for all her social programs? I guess she believes, monies grow on trees? Wants to abolish the electoral votes because somehow, they are...
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    options 101

    Liquidity is the number of open interest. The higher the open interest, the better. Minimum I would consider is atleast, 250 contracts. Even then, the bid and ask spreads could be wider. Do not buy when open interest is only say 20 contracts. Getting out would be hell and the bid and asked would...
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    OK, climate change is true (says Trump admin), but it's too late anyway, so keep burning oil

    I guess maybe, it is Al Gore. An inconvenient truth. Remember that? So, gets filthy rich from his political connections, one of which is Apple which gave him like hundreds of millions. So, he has this gargantuan mansion wasting lots of electricity and water. Flies his jet back and forth over the...
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    The Trump Winning Streak Continues

    Obama spent $10 trillion during his 8 years in office but, extreme liberals whining over the $1.5 trillion President Donald Trump spent to give Americans their monies back and huge tax cuts? It will generate jobs, create a larger tax base and stimulate the economy! Ten times better than Obama...
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    Perma Bears out in full force, Want a market crash so bad!

    There is always going to be greed in the markets. Those who fear missing out will jump with both feet if they believe they will miss the bull market. The same way for those who believe the perma bears scare tactics and sell in fear! Both mistakes fatal for retail investors and traders. When I...
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    New York Post Article - Is Trump Winning His Trade Wars?

    Funny when they talk about US trade deficits. We accumulated $18 trillion deficit way before Trump got into office. Blame it on the past US Presidents who ran it up! Obama ran up $10 trillion in 8 years and nobody even talks about it! Ridiculous to the extremes! The $1.5 trillion in deficits...
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    Media Mangles Its Duty to Question Ford

    "Pot meet kettle." Funny, when liars hate other liars. They had no problems when Avenatti was using Stormy Daniels to attack President Trump, it suited the Senate Democrats. Then, they had no problems with Christine Ford in effect perjuring herself, not once, but, multiple times, going so far to...
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    Justice Kavanaugh confirmed

    And President Trump is not done yet! If Ginsburg passes or retires, there is one more opening on the US Supreme Court for a conservative judge! This time, if the Republicans win more seats in the Senate after the midterm elections, the shennanigans of the Democrat Senators will end for good!
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    Perma Bears out in full force, Want a market crash so bad!

    It seems these perma bears just came out of the woodwork offering seminars, touting their newsletters, etc. Business must be bad for them! Imagine their customers continue to lose lots of monies following their useless advice!
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    Perma Bears out in full force, Want a market crash so bad!

    One thing I would like to add for those who trade stocks. Learn to trade options and get approval to buy calls and puts. Why? A stock option (put option) can protect your profits in a stock you want to hold onto but, afraid of a huge market correction. Say you have $5,000 in profits at XYZ stock...
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