This trading thing is so simple, isn't it? When I saw your first post, I knew that one way or another, you wouldn't lose money on this trade.
I just knew it.
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Im shorting Ford at the open tommorrow April 4th
- Thread starter jackstone54
- Start date
This trading thing is so simple, isn't it? When I saw your first post, I knew that one way or another, you wouldn't lose money on this trade.
I just knew it.
Seriously Nik, there are ways to make a trade without risk.
Before the advent of online trading, you could call a professional stock broker and have him cover your long with puts or cover your shorts with calls. It was a great service and you could let the pros do the trade orders for you.
However, you have to think nowadays because there is no broker there to help you unless you "Ask Chuck" I guess. In fact, there are plenty of traders on here that would probably just go long or short without having some type of insurance covering their trade because they dont want to think.
The more I dig into that Jesse Livermore book the more I believe in its words. Some guys just dont want to think. They want to sit and not move and not think.
Go figure...
Before the advent of online trading, you could call a professional stock broker and have him cover your long with puts or cover your shorts with calls. It was a great service and you could let the pros do the trade orders for you.
However, you have to think nowadays because there is no broker there to help you unless you "Ask Chuck" I guess. In fact, there are plenty of traders on here that would probably just go long or short without having some type of insurance covering their trade because they dont want to think.
The more I dig into that Jesse Livermore book the more I believe in its words. Some guys just dont want to think. They want to sit and not move and not think.
Go figure...
Quote from traderNik:
This trading thing is so simple, isn't it? When I saw your first post, I knew that one way or another, you wouldn't lose money on this trade.
I just knew it.
Quote from jackstone54:
Seriously Nik, there are ways to make a trade without risk.
Before the advent of online trading, you could call a professional stock broker and have him cover your long with puts or cover your shorts with calls. It was a great service and you could let the pros do the trade orders for you.
However, you have to think nowadays because there is no broker there to help you unless you "Ask Chuck" I guess. In fact, there are plenty of traders on here that would probably just go long or short without having some type of insurance covering their trade because they dont want to think.
The more I dig into that Jesse Livermore book the more I believe in its words. Some guys just dont want to think. They want to sit and not move and not think.
Go figure...
give us prices.
LOL, BS. You have been wrong so many times with your picks and everytime you always have the excuse that you had hedged to the otherside so that your missed call actually made you money.Quote from jackstone54:
My stop is at 7.25, but I covered my position with calls.
I averaged up the short today right when it hit 6.94. I dont think its going to move higher from here.
I took a loss on the short so far, but it evened out with the calls. if it goes higher then I'll just make more money on the calls and exit out at 7.25 for a probably a break-even trade.
LOL, complete BS.
a bump for jreynolds...errrrrrrr....jackstone.....still waiting for his response to my questions earlier in the thread
http://www.elitetrader.com/vb/showthread.php?s=&postid=1884661#post1884661
http://www.elitetrader.com/vb/showthread.php?s=&postid=1884661#post1884661
jackshit is just a faker. He has no money and no positions.