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You are welcome. Good trading is simple. The more complex a trading system, the more apt for mistakes. Mistakes only cost you monies. The less mistakes, the better your results.

When swing trading, you are following the short term trends and taking advantage of them. Buy and Hold is a flawed strategy in my opinion because it involves buying a stock and leaving it alone. Hoping for the best? What happens you buy XYZ stock at $10, after 20 years, you check on it and it is...

Let me suggest Stan Weinstein's book, Secrets for Profiting in Bull and Bear Markets. It costs only $22.87 for the paperback copy. If you have Kindle, you can get a copy for $9.95 on Amazon. Worth every penny. Stan Weinstein wrote only this 1 book. Read it cover to cover. For trend following, I...

In that case, we are both Seniors and probably, share the same goals with our trading. Would suggest that you focus on trend following and swing trading as strategies, where you can manage positions more effectively, and probably, would be less stressful for you too. Both strategies can...

Thanks for the kind words.

Your trading plan applies mainly to you. There are probably, 1,000 ways to make monies in the stockmarket. Each trader is different and has his own biases. A trading plan should have rules that you follow. Start with risk management. Risk no more than 2% on each trade. I limit my exposure to...

The reason I use options instead, of holding stock is the returns. I also, hold shares and call options at times. However, that same stock could give me 20-30% returns in say 1 month if it is in a nice trend, a call option on that same option could give me 100%, 200% or more. It just makes sense...

You nailed it on the head. Good stock and options trading involves, knowing how to read a StockChart to interpret the data it is giving you, and acting on it and taking a position. Entering and exiting a position is also, a part of a good trading plan. More importantly, lost on many traders is...

The Ukraine-Russia has shown how powerful economic sanctions can be. How, it can destroy an entire country, Russia when applied by the whole world? However, it also, showed it weakness. Russia was vulnerable, because Russia dollar reserves were all under the control of the US? Vladimir Putin...

China is probably, the bigger threat with their million man army, not counting their ever increasing number of fighter jets (clone of US fighter jets), missiles, warships and their technology advancing fast and could overtake us in the future. Of course, China bought a lot of American politician...

The US, UK and France could have given Ukraine NATO membership and they have been asking for it for a while. Now, it is too late. The Budapest Memorandum only gave the Ukrainians empty promises and hung them out to dry. Now, US, UK and France saying, poor Ukraine, bad Russia forgetting they...

Good for you. There is no rule that you cannot sell an option that shows a profit. Funny, I have Barrick (GOLD) call options as one of my positions. I do not sell any options and only buy them.

You are risking a small amount to make a lot. Odds favor you making some monies.

Soy has no clue. Probably, has lost most of his monies if he was really trading the stockmarket. More likely, he is just trolling like other worthless, ET trolls. Nobody with a lick of common sense will listen to these ET trolls. Block those idiots, every one of them.

Too many extreme liberals have died from Corona Virus since, the most deaths happened in extreme liberal states like California, New York, New Jersey, Michigan to name a few. Trump voters will be there on November 8, 2022 and on November 2024 when we re-elect President Donald Trump back into office.

Looks like ripe for a pullback for stocks in the oil and commodity sectors. I cut my positions and locked some profits in. Will re-enter when it pulls back as expected.

So, true. That is why I just follow the trend. Much simpler to do.

GWB still drooling at his Usurper-in-Chief, Joe Biden. Seeing how much you love our great President Donald Trump, we will elect him back into office, in 2024. We do need to keep your Trump Deranged ET trolls happy? First, we need to remove the extreme liberal Democrats and RINOs on November 8...

It is already at the bottom. What is the risk, $1.10 in case it goes bankrupt? Upside, is much larger, by a mile. Do not know what their business is. I would pass on this one for now. Lots of other better companies to put monies in.

Follow the trend. I still see higher oil and commodity prices from here. Russian sanctions continue to be tightened and NATO managed to destroy the Russian economy, no question. However, economies are interlocked nowadays and US and Europe, as the prices of oil and commodities ratchet higher...