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stockstradr
ParticipantAs stated in other threads, I WILL start buying China stocks any day now.
The Shanghai index has now fallen from over six grand down to about 1,800.
It is almost time to buy. Did you see what China Mobile did the other day? UP!
These are fire sale prices.
ParticipantAs stated in other threads, I WILL start buying China stocks any day now.
The Shanghai index has now fallen from over six grand down to about 1,800.
It is almost time to buy. Did you see what China Mobile did the other day? UP!
These are fire sale prices.
ParticipantI don’t have an answer but I do share a painfully-learned lesson on options:
WHEN you look and see your options are substantially in-the-money (net 50% gain, for example) then don’t greedily hang on for MORE gains.
Instead CLOSE YOUR OPTIONS POSITIONS and lock in your profits.
I cannot tell you how many times I had 50% or 70% net paper profits and yet greed had me keep those option positions open, only to see my profit fall away as markets drifted back to center.
This week I sold almost all my option PUTS on the S&P500 as I saw they were up seventy to eighty percent net. Keep in mind I’m sure there is more money to be made on those but I sold on general principle that it doesn’t pay to be too greedy.
I’ve been happy so far with use of options, but I stick to simple straight-foward types of options: long calls and long puts. When adding up all my net gains and losses on options trades ever made, I’m vastly in the black having made now lots of money on options.
ParticipantI don’t have an answer but I do share a painfully-learned lesson on options:
WHEN you look and see your options are substantially in-the-money (net 50% gain, for example) then don’t greedily hang on for MORE gains.
Instead CLOSE YOUR OPTIONS POSITIONS and lock in your profits.
I cannot tell you how many times I had 50% or 70% net paper profits and yet greed had me keep those option positions open, only to see my profit fall away as markets drifted back to center.
This week I sold almost all my option PUTS on the S&P500 as I saw they were up seventy to eighty percent net. Keep in mind I’m sure there is more money to be made on those but I sold on general principle that it doesn’t pay to be too greedy.
I’ve been happy so far with use of options, but I stick to simple straight-foward types of options: long calls and long puts. When adding up all my net gains and losses on options trades ever made, I’m vastly in the black having made now lots of money on options.
ParticipantI don’t have an answer but I do share a painfully-learned lesson on options:
WHEN you look and see your options are substantially in-the-money (net 50% gain, for example) then don’t greedily hang on for MORE gains.
Instead CLOSE YOUR OPTIONS POSITIONS and lock in your profits.
I cannot tell you how many times I had 50% or 70% net paper profits and yet greed had me keep those option positions open, only to see my profit fall away as markets drifted back to center.
This week I sold almost all my option PUTS on the S&P500 as I saw they were up seventy to eighty percent net. Keep in mind I’m sure there is more money to be made on those but I sold on general principle that it doesn’t pay to be too greedy.
I’ve been happy so far with use of options, but I stick to simple straight-foward types of options: long calls and long puts. When adding up all my net gains and losses on options trades ever made, I’m vastly in the black having made now lots of money on options.
ParticipantI don’t have an answer but I do share a painfully-learned lesson on options:
WHEN you look and see your options are substantially in-the-money (net 50% gain, for example) then don’t greedily hang on for MORE gains.
Instead CLOSE YOUR OPTIONS POSITIONS and lock in your profits.
I cannot tell you how many times I had 50% or 70% net paper profits and yet greed had me keep those option positions open, only to see my profit fall away as markets drifted back to center.
This week I sold almost all my option PUTS on the S&P500 as I saw they were up seventy to eighty percent net. Keep in mind I’m sure there is more money to be made on those but I sold on general principle that it doesn’t pay to be too greedy.
I’ve been happy so far with use of options, but I stick to simple straight-foward types of options: long calls and long puts. When adding up all my net gains and losses on options trades ever made, I’m vastly in the black having made now lots of money on options.
ParticipantI don’t have an answer but I do share a painfully-learned lesson on options:
WHEN you look and see your options are substantially in-the-money (net 50% gain, for example) then don’t greedily hang on for MORE gains.
Instead CLOSE YOUR OPTIONS POSITIONS and lock in your profits.
I cannot tell you how many times I had 50% or 70% net paper profits and yet greed had me keep those option positions open, only to see my profit fall away as markets drifted back to center.
This week I sold almost all my option PUTS on the S&P500 as I saw they were up seventy to eighty percent net. Keep in mind I’m sure there is more money to be made on those but I sold on general principle that it doesn’t pay to be too greedy.
I’ve been happy so far with use of options, but I stick to simple straight-foward types of options: long calls and long puts. When adding up all my net gains and losses on options trades ever made, I’m vastly in the black having made now lots of money on options.
ParticipantHalf the thread’s original post was reasonable doomsday scenario, which we should prepare for. The other half of the post was paranoid delusions.
When posting you should really censor out the alarmist fantasy garbage, then people will have more respect for the remaining, more rational content of your post.
I’m amused how you think use of the dollar as the world’s reserve currency will “cease around the end of the 2nd quarter of 2009” – AS IF on cue the millions of existing dollar holders (including countless nations’ foreign reserves) will all dump their dollars in the 2nd quarter of ’09.
Pure nonsense.
It will take years, probably even a decade for the dollar to be fully unseated as the de-facto reserve currency, but you are CORRECT that it will happen eventually. It certainly started this week.
About 75% of my portfolio is now straight GOLD. I cannot believe how much my portfolio has gone up in 48 hours on the back of gold price increases. WOW! Yes, I know it breaks all rules of conservative financial portfolio management to have 3/4 of my money in gold, but hey I understand the risks and accept those risks.
ParticipantHalf the thread’s original post was reasonable doomsday scenario, which we should prepare for. The other half of the post was paranoid delusions.
When posting you should really censor out the alarmist fantasy garbage, then people will have more respect for the remaining, more rational content of your post.
I’m amused how you think use of the dollar as the world’s reserve currency will “cease around the end of the 2nd quarter of 2009” – AS IF on cue the millions of existing dollar holders (including countless nations’ foreign reserves) will all dump their dollars in the 2nd quarter of ’09.
Pure nonsense.
It will take years, probably even a decade for the dollar to be fully unseated as the de-facto reserve currency, but you are CORRECT that it will happen eventually. It certainly started this week.
About 75% of my portfolio is now straight GOLD. I cannot believe how much my portfolio has gone up in 48 hours on the back of gold price increases. WOW! Yes, I know it breaks all rules of conservative financial portfolio management to have 3/4 of my money in gold, but hey I understand the risks and accept those risks.
ParticipantHalf the thread’s original post was reasonable doomsday scenario, which we should prepare for. The other half of the post was paranoid delusions.
When posting you should really censor out the alarmist fantasy garbage, then people will have more respect for the remaining, more rational content of your post.
I’m amused how you think use of the dollar as the world’s reserve currency will “cease around the end of the 2nd quarter of 2009” – AS IF on cue the millions of existing dollar holders (including countless nations’ foreign reserves) will all dump their dollars in the 2nd quarter of ’09.
Pure nonsense.
It will take years, probably even a decade for the dollar to be fully unseated as the de-facto reserve currency, but you are CORRECT that it will happen eventually. It certainly started this week.
About 75% of my portfolio is now straight GOLD. I cannot believe how much my portfolio has gone up in 48 hours on the back of gold price increases. WOW! Yes, I know it breaks all rules of conservative financial portfolio management to have 3/4 of my money in gold, but hey I understand the risks and accept those risks.
ParticipantHalf the thread’s original post was reasonable doomsday scenario, which we should prepare for. The other half of the post was paranoid delusions.
When posting you should really censor out the alarmist fantasy garbage, then people will have more respect for the remaining, more rational content of your post.
I’m amused how you think use of the dollar as the world’s reserve currency will “cease around the end of the 2nd quarter of 2009” – AS IF on cue the millions of existing dollar holders (including countless nations’ foreign reserves) will all dump their dollars in the 2nd quarter of ’09.
Pure nonsense.
It will take years, probably even a decade for the dollar to be fully unseated as the de-facto reserve currency, but you are CORRECT that it will happen eventually. It certainly started this week.
About 75% of my portfolio is now straight GOLD. I cannot believe how much my portfolio has gone up in 48 hours on the back of gold price increases. WOW! Yes, I know it breaks all rules of conservative financial portfolio management to have 3/4 of my money in gold, but hey I understand the risks and accept those risks.
ParticipantHalf the thread’s original post was reasonable doomsday scenario, which we should prepare for. The other half of the post was paranoid delusions.
When posting you should really censor out the alarmist fantasy garbage, then people will have more respect for the remaining, more rational content of your post.
I’m amused how you think use of the dollar as the world’s reserve currency will “cease around the end of the 2nd quarter of 2009” – AS IF on cue the millions of existing dollar holders (including countless nations’ foreign reserves) will all dump their dollars in the 2nd quarter of ’09.
Pure nonsense.
It will take years, probably even a decade for the dollar to be fully unseated as the de-facto reserve currency, but you are CORRECT that it will happen eventually. It certainly started this week.
About 75% of my portfolio is now straight GOLD. I cannot believe how much my portfolio has gone up in 48 hours on the back of gold price increases. WOW! Yes, I know it breaks all rules of conservative financial portfolio management to have 3/4 of my money in gold, but hey I understand the risks and accept those risks.
ParticipantI’m a die-hard pessimist, but even I couldn’t believe it when an hour ago I just saw the markets trade down another 2% lower in only 30 min. I would have expected the bargain hunters would be dominating by now, but apparently not.
ParticipantI’m a die-hard pessimist, but even I couldn’t believe it when an hour ago I just saw the markets trade down another 2% lower in only 30 min. I would have expected the bargain hunters would be dominating by now, but apparently not.
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