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It seems that selling pressure on GOLD is fading.

This is not a trade when you really believe a stock will move big upward. Then you will just buy the call. You can split the trade in two parts. Part 1 is you are bearish :You sell ATM call and buy OTM for your protection. This part is a credit spread. So far you believe the stock will go down...

I agree. If you think he is toasted with just one 3500 loss, you are wrong. Check out his posts in the last 2 months. He keeps buying 10 contracts of futures (either DOW or ES) and most of them time the trades goes in his favor. He knows that when he posts his trades in real time, there is a...

I am expecting a like $2 drop in the next couple of days. Rumor of a downgrade. Don't act solely on it, it is still a rumor but a strong one.

I am not trading AAPL but I am not bullish on that stock. It is a market performer.

You are in the market with your hands dirty. So don't worry about loss and for a second I thought my post might look like questioning your trades. Absolutely not. You are not one of those guys who posts your trades after the fact and I like it. Wish you success.

Do you put stop loss on your trades? Just now it is 45 points below your price.

GOLD is up 1%. If you would be happy to make 3% in a week or 2, buy Gold. I put a short term target of $110 for GLD. Lowest that I believe it can go is $99. If it goes to $99, buy a little more. I have no stop on this trade. Don't put all your eggs in GLD. Sell covered call to reduce cost.

Please guide me to the righteous path, my innocent angel from heaven. We are listening to your preaches.

A very practical and good recommendation that also approves my recommendations. Basically the law is general and almost all the time, the company does not approve short selling based on security regulations but almost everyone does it and based on the trade volumes of regular employees, no one...

Just to show that I trade on the stocks that I claim and I never leave a penny behind, I am posting my small GLD related trade today. Sold Call 111.5 for next week. The commission was negative. It is covered by the way. It is only $8 but if you can do this hundreds of times in a year, it will be...

I follow all the markets but don't trade everything I see. Currently I trade. MCD, ADI, SPY, TZA, BSV, XLU and recently GLD.

Another $1000 pure profit in a week without staring at the market or chasing it. The only ingredient to this kind of trade is a little vision. Next week is rinse and repeat time.

By the way my first call was to sell naked PUT 102 for GLD expiring at couple of weeks (meaning that it will expire next week) and it will most likely be a profit or you will own GLD at 102. I believe it is safer than buying FB or AMZN at current price.

It did not collapse. It is down only 4%. As a market veteran, I cannot guarantee all my calls to go up after 5 seconds but as a contrarian investors trader, it is the best time to nibble in GOLD. Most of my trades give miserable 2-5% gain and I am not into 500% gain overnight and that is why my...

This is a daily chart for SPY for a year. I don't see a bull market. I see sideways and decision less market tending to go down

More about AMZN, The results were very good. However lets say if they double the earning for the next 3 Q, the yearly earning will still be less than a buck. The $70 rally after earning was just a well done sign by investors and does not reflect the high valuation. Lets say for the next 3 Q...

Buy GOLD baby buy GOLD. Buy it in small quantities. GLD can go to 115 and drop to 99.

A good trade would be to short TZA now at 10.20 and cover it at 10 or any price that it closes at 4PM.

ADI is trading at $58.47 now. I believe ADI will revisit $60 sometime next week. I would rate it as buy now. I am trading ADI for over 15 years.