How do you know it was the low?
Experience.
How do you know it was the low?
Wtg, I bought LK near low yesterday and today premkt
You got lucky.
Just kidding. Good job.![]()
I followed your posts and your struggles for the last several years. You have come a long way!This is one of my favorite set up. done it a bunch of times
.
Yesterday made over $9K on LK. I didn't have max shares on else it would have been much better.
Next time.
Fortunately I do have past gains to cushion this year's loss. How do you know?
BABA? BIDU?.......accounting frauds everywhere.. you can look it up.
BABA? BIDU?.......
Thanks ironchef, that's what I suspected about myself, that the learning curve would be hugely painful so I'd made the commitment many years ago not to go down this route. There are a lot of traders on ET who talk options, I don't know what to make of it because they are adding complications on top of complications......I am forever stuck as a newbie, huge losses this year. Options are just way too complicated for this amateur. .....
