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When I get into a trade, before entering my order, I ask lots of questions from myself. For example if I want to buy AAPL now, I ask myself what if I buy it 125 today and tomorrow goes to 90. What will I do? nothing? get out? add to my position? What if it goes to $40? what if it goes to $400...

I don't know what you have in your account but even in conservative case I believe market will go down 5% lower than today. If you have stocks, sell ITM covered calls and sell those you have made money. The worst feeling is that when you turn a profit to loss. That is worse than letting a losing...

Update on MCD Daily chart

Interpretation of tomorrow's market action: The numbers are fuzzy and are not extracted from a formula and are just my interpretations. If market shows bullish sign I will take the other side ! 1: If market recovers less than 0.25 of drop today it is bearish so anything less than +90 points in...

TZA, GLD and MCD are hedged but ADI and XLU are naked. The story of GLD is that I sold naked PUT 113 last week and I was assigned the shares. Today instead of selling the shares, I sold covered call expiring tomorrow at 0.4. I got 0.46 last week selling naked PUT 113. So if tomorrow my shares...

I was scanning the stocks today and I noticed HLF was up today. Haha. HLF is one the crappiest stocks you can ever find. HLF price action shows that miracles happen and they keep staying for a long time. I believe HLF will stay and be way overvalued as long as Ackman is alive just to hurt him;)

MCD sales has dropped 8 consecutive quarters. Replacing CEO and providing breakfast all day or warming up buns are not good reasons to go long. Show me two quarters in a row with a meaningful growth and I will be sold. Till it happens, MCD is a short.

My trades today(Monday). All trades opened. None were closed.

I know MCD is franchised but MCD is a public company and that is why I am able to trade its stocks. Since you mentioned Starbucks I should say I cannot compare traffic in Starbucks with MCD. Anyway I enjoy inputs on this Thread.

Dividend is market scam. You buy a $100 stock and in ideal case, you get $3 every year as dividend. You also need to pay tax on dividend. It will take 33 years to get your $100 back. If the stock is going up, that makes sense but if it is in down trend, I avoid lucrative dividends

Sugar is only MCD problem or MCD is not the only contributor to American's overweight. MCD is not a cheap dining anymore so you have options if you want to pay $8 to $12 to eat. I did not know that MCD is a privately owned company. You can also eat in In-n-out, Panera, Chipotle,.... and not pay tip.

If you are scared from today's market action, just follow it till this Friday. I expect market to drop 4 times as it did today by Friday. Market will be very nervous about Greece election result. If Greece can walk away from debt, why shouldn't Portugal, Italy, Spain, Ireland,....

It wont surprise me if IWM drops to $110 in just 2 weeks. Even $110 it is very overvalued. A reasonable price in this overvalued market is $78.

Don't be fooled by MCD strength today. It will snap soon. Not everything happens at the same time. Some stocks have a delay.

Sold 18 (not 17) 95.5 weekly PUT for 0.2. I could have sold it at better price though. By the way, this does not mean that I will post all my MCD trades.

Monday TZA should be up %5+

I will also check BSV price action tomorrow. If that drops (even a few cents) that shows that market is still expecting FED will increase the rate soon. If it goes up, it shows that investors are flocking to safety and believe FED will delay rate hike.

Yes. Say if it opens at 95.8 or lower, I will not cover it and close the position. I will keep it open and sell PUT 95 or if it goes lower, I will sell 94.5 PUT to get PUT premium which includes time decay of the PUT options.

Thanks. I wish you make money too. If I just scan the market and find a stock that I don't know, I won't trade, and if I do and it goes against me, I will be nervous. I know MCD stock and I won't get nervous if it goes a few bucks against me. I know that I might lose big in MCD and that is the...

yeah, more drops , more margin calls. The bearish sign would be after say 250 points drop on Monday, market rallies like only 48 points on Tuesday.