Quote from cmdtytrdr:
thats awesome. just buy/sell huge positions outright before earnings. thats smart, if youre long and earnings come out better than expected, you make huge return.
really interesting...
i try a similar strategem in vegas...i put big bet on red and if little ball on wheel lands on red square i make 100% returns!!! its the best...![]()
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I was right 82.6% last year with earnings. There is part of it that is a small gamble but I do A LOT of research before engaging in a position.
I will be the first to admit, I have had some positions that don't turn out to be in my favor but for the most part, I am right. It takes a lot of time to really understand earnings.
