Up 8,000% for the week
- Thread starter Ayn Rand
- Start date
Believe what you like. If you look at some of my previous threads I think I mentioned trading GS. There were lots of other things that I said. But the GS trades were there and I took them.
Could I do it again. Maybe not.
But in the moment I did what I did and hopefully I will get out with a respectable profit. FYI - I still have a very large GS option position
Could I do it again. Maybe not.
But in the moment I did what I did and hopefully I will get out with a respectable profit. FYI - I still have a very large GS option position
There are many folks on here who will tell you flat out that if the REASON you trade is what I bolded above in your quote, then you need to stop trading, ASAP.
You want an adrenaline rush for a winner? Jump out of an airplane with a parachute. You want the opposite feel of that adrenaline rush, when the trade goes south? Jump out of an airplane WITHOUT a parachute.
What you say is true. However, the real reason I stayed in my positions is that I think that Monday is going to be a good day from the open. Either something positive will transpire or no change. There is a positive basis to the open on Monday - ceteris paribus.
I am at or over the money.
For GS I am looking for +$2 within the first 30 mins.
True when you are doing well there is a special feeling that has to be watched. Still I think Monday will be a winner.
For your sake, I hope the madmen in power say nothing and lay low. The economic calendar is deathly quiet until Tuesday.
I've seen options gone up 10x which is like 1000% in one day before. Unfortunately, I only knew about them after the fact while researching something. Wished I was in them early on. Usually they were OTM options and a big event happened that surprised everyone. it mooned. 10xers are rare but they happen more often than one would suspect.
It's possible. I have yet to see 8000% return. Perhaps with leverage?
Actually, now that I think about it I have seen options with greater returns. There were these TLRY 300 strike calls a few days before the stock went parabolic(doubled in one day). I think those went up 200x overnight or 2 days or whatever. That's like 20,000% return. But those calls were way way way OTM. Basically a lotto ticket that was doomed to expire hadn't the stock doubled in a day.
It's possible. I have yet to see 8000% return. Perhaps with leverage?
Actually, now that I think about it I have seen options with greater returns. There were these TLRY 300 strike calls a few days before the stock went parabolic(doubled in one day). I think those went up 200x overnight or 2 days or whatever. That's like 20,000% return. But those calls were way way way OTM. Basically a lotto ticket that was doomed to expire hadn't the stock doubled in a day.
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No, it's not possible. The shares traded in a 6% range for the week. The OP is a troll.