GOOG today
- Thread starter Walther
- Start date
Gambling was never the way to consistent profits
We have las vegas for that..
Only people who should have been in this position were
People long from $385/$345 S&P added and 10 days ago (CUSHION TO BET)
People with legal "inside" info
Fast money is never easy money, in fact its the most dangerous way to play the market.
We have las vegas for that..
Only people who should have been in this position were
People long from $385/$345 S&P added and 10 days ago (CUSHION TO BET)
People with legal "inside" info
Fast money is never easy money, in fact its the most dangerous way to play the market.
Hajimow, I make that exact same mistake all the time. The cycle goes like this:
Big gain-> Overconfidence to the point of dangerous hubris -> Big loss.
Big gain-> Overconfidence to the point of dangerous hubris -> Big loss.
Good thing i f'in covered I dont know a damn thing about fundamentals
Ok now lets start a constructive discussion:
I am thinking of closing my Call at loss or shooting it to June with increasing the stike prike by $10.
So there are two strategies:
1- cover the Call and run away.
2- Cover the $390 Call and sell $400 Call for June and Sell PUT $390 for May.
Which one makes more sense?
I am thinking of closing my Call at loss or shooting it to June with increasing the stike prike by $10.
So there are two strategies:
1- cover the Call and run away.
2- Cover the $390 Call and sell $400 Call for June and Sell PUT $390 for May.
Which one makes more sense?
I have no directional opinion on GOOG, but making decisions with the mindset of "I've got to get back up to breakeven on this trade" ... is the second common psychological mistake traders make. If you can't say for sure that this is what you're trying to do, I'd just fold this hand and play another day...