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Got out of my FB calls at a tiny profit. Should have gotten out 1-2 days ago. Held out too long. Now, reversed and shorted FB with put options. Momentum seems moving on the downside. My NVDA calls doing better today. Hopefully, it continues higher.

Ignore the trolls. What have they contributed valuable to other traders? All they do is troll and spout their BS!

Bad habits definitely, affect your trading. However, the single most important thing is to have some risk management be part of your trading method. If you do not control your losses, the only thing you will need is more monies! My doctor friend, lost $1,000,000 in the stockmarket. Had she been...

Very good call on LULU. You, of course do your homework. Very few traders do yet, expect to suceed in the stockmarket.

He calls them out and even gives you reasons for why he gets in. That is days before the stocks make their huge moves! Way more valuable than the useless trolls that just bash other people! I have learned things from him just watching him trade.

Will like to see your results when you are using real monies and emotions are involved. Already tried to warn you because you are trading against the trend when you ride losses down and hope it reverses. Nothing like real life experience will convince you! Trends in the forex markets also, lasts...

With the abusive liberal judges trying to overturn every Executive Order or even immigration laws already on the books, I have urged President Donald Trump to fill all vacancies in the lower courts. We need more conservative judges to neuter liberal judges abuses of power!

I also, trade options and there cannot be stop losses as a hard stop. Instead, we have mental stops. If the stop loss is hit or the trade not working out, you can just close the position. The original poster just does not use stop losses and not even price targets so, that is very risky in of...

Don't blame you. AMZN has been going on a tear. Probably, worth the risk.

Yeah, you made monies on a bad trade. Lost on you is the fact that you did everything wrong. You were lucky that time. Next time, the trend could last longer and you waiting for it to comeback could be wiped out! My friend lost 90% of her monies doing what you did! Also, she is like you in that...

FB, NVDA calls up for me this morning. RUN going down some more so, reducing my losses on it. AEO and JPM is flat to slightly up.

The better lesson is "the trend is your friend". Why fight it? In your case, if you were trading with the trend instead, of against it, how much monies do you honestly think you would have earned? You would not have to ride down your losses for 3 whole months which means that trend was very...

That is just one of it. No stop losses, no price targets, no exit plan, no risk management of the position itself. When you get into a trade, you have to manage that trade until it is closed! Your work is not done until then! You also, have to adjust to the situation and act accordingly. All she...

Trends last longer than people think. My doctor friend bought call options on VRX (BHC now) and continued to buy more call options and held on. What happened? She lost 90% of her monies in just that one trade. The downtrend on VRX was very strong and I told her to close her call options and buy...

Nice move on AMZN this morning. Love AMZN and buy a lot of small things for the kitchen and bathroom and even small electronics like a mouse.

Knowing what I know now about trading stocks and options in all these years trading real monies in the stockmarket, the most important thing that will determine whether you succeed or fail in the markets, be it forex, stocks, options is that you have proper risk management controls in place...

And yet, there are probably, 1,000 ways to make monies in the stockmarket. If you are one of the few to consistently, make huge amounts of monies in the stockmarket, year after year, congratulations! You have joined a club so many traders aspire to join but, failed to!

Win % is 40% and Losses are 60%. There is another guy with a journal on my trades. He is 10 times the trader I am. He is the one you should be emulating not me! Options spreads work for you, why do directional options trades which is more stressful?

Only way you will lose 100% of the options premium is if you hold a losing trade all the way to expiration date. Why not take the residual value of the premium and cut your losses? The residual value of the premium can be used for the next trade. Why waste those monies? That is why I favor small...

Sorry, was never good with option spread trading. I do better trading directionally and if I keep the losses small, profits will take care of themselves because they are larger. Big losses can come and it stings but, as long as I keep it to a minimum, overall, the results should still be good...