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  1. mervyn

    Jim Cramer just lost his house. He must have got margin called today.

    Sure he has a stop loss somewhere. But yea, more than a house, 90m. a friend of mine bought BBBY back in May, goo for him.
  2. mervyn

    ES Journal - 2021/2022

    It is confusing time indeed. Made money on position trading while losing money on day trading, not a good marriage. 14 points loss and 10 points gains, a wash, really depends how deep is your pocket.
  3. mervyn

    Why Roth IRAs are so valuable...

    I believe you have to pay early withdrawal penalty and income tax on traditional IRA distribution.
  4. mervyn

    ES Journal - 2021/2022

    Can’t read, it is either short squeeze or not.
  5. mervyn

    China decoupling from wall street

    I can name at least 5 Wall Street firms who pocketed lot of money for any listing, China or not, Israel, and South Africa included. China SOE stocks are very safe, blue chip safe. While tech stocks the American VCs need to cash out. So goes with Enron and Sunbeam.
  6. mervyn

    China decoupling from wall street

    That’s apple vs orange. Index diverged since the trade war. We printed 5t to buy stocks notwithstanding. But the interesting thing is that other than SOE, most of their highflying tech stocks are seeded and owned by foreign VCs, BABA and Tencent for example.
  7. mervyn

    China decoupling from wall street

    This is nothing. They can move to OTC, serious pension funds can buy their shares in Hong Kong or other exchanges. For example, Shanghai Petro I owned for years, it’s dividend is awesome, around 7% historically, now it is 9%. It is as good as Phillips Morris.
  8. mervyn

    Nuclear Weapons Documents Saga was all a Hoax

    I bet there will be no charge filed, and he'd walk away with all the donations from trumpland since the raid. He is very good at this game.
  9. mervyn

    Nuclear Weapons Documents Saga was all a Hoax

    I don’t believe for a minute that Trump would share nuclear top secret information for free. He’d sell it for a profit. Now he is raising money, what a cheapskate.
  10. mervyn

    ES Journal - 2021/2022

    4223 hit the second day, let's wait for the weekly.
  11. mervyn

    ES Journal - 2021/2022

    100 points a day you need 25-30 lots per. Shorted average at 4238-4249 on 7 lots. it was a loss but can come back, can’t win everyday.
  12. mervyn

    ES Journal - 2021/2022

    booked a 100 points loss at 4260, done for the day.
  13. mervyn

    ES Journal - 2021/2022

    I really hope so, not ready to cut loss yet.
  14. mervyn

    It's pronounced nuc-u-lar

    Isn’t there a Chinese SPA lady nearby, or a Czech model shoot scheduled? Let me show you my basement.
  15. mervyn

    Cash/Margin Requirement for Vertical Put Spread

    2k+required margin
  16. mervyn

    Cash/Margin Requirement for Vertical Put Spread

    Margin Impact 352.93. if you can't fund, then probably spread is not your trade.
  17. mervyn

    Cash/Margin Requirement for Vertical Put Spread

    FINRA requires customer equity in the account does not fall below 25% of the market value of a security. Even if you are Bill Hwang and Steven Cohen. https://www.finra.org/rules-guidance/key-topics/margin-accounts
  18. mervyn

    Demoncrats raid Mar-A-Largo to stop Trump because they do not have a candidate

    Maybe trump’s safe was hard to open, thus took the FBI a whole day.
  19. mervyn

    ES Journal - 2021/2022

    27 points today, both long and short, made back yesterday's.
  20. mervyn

    Cash/Margin Requirement for Vertical Put Spread

    yes, you need at least $900 divided by 4, about $225, look up your broker's margin requirement for this symbol. and most brokers requires a minimum of $2000 to open and maintain positions on margin.
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