I would much rather write covered calls or cash secured puts. Trading is a job to me. Not lottery.
I like ORCL. Time to buy some options. Thanks!!!
Writing short puts is for those who can afford to gamble big. I'm just trying to make a living and pay the rent. Been trading full-time for a few...
Yesss! on PCLN. Traded it as a stock and made OK money. Though it is harder to speculate. I once held my position for two weeks to get a 2%...
Thus far I've avoided earnings. Too much risk. I'm weak of heart. Will say that month out OTM are a lot riskier than ITM.
Yes I know it's been asked a million times. Indexes give you order. Equities are volatile. Volatility is better, but riskier, for ROI. So why do...
Going back to my original question. I typically trade directional. Spread commissions/contract fees don't justify the risk/reward for me. Intra...
I like trading Gold. GLD is an ETF so you can trade it without messing around with high risk Futures.
I feel you. Made that mistake early on. I recommend against buying before an earnings . Best wait till the morning after and ride the up/down...
O Odds aren't bad. Even the best traders reports a P/L of 60/40 %. Clear the baloney and I think a good trader can make 40% I have a feeling the...
Delta neutral strategy on the ES sounds good to me. I'm running with it now and two months out on expiration. Hey thanks man!! :D
Interesting responses. With good margin and a healthy trading account (not for small retail investors) intra day trading of stocks, like AAPL or...
I lost a LOT of money trading illiquid (very low volume/open interest) stock options. 100 volume means 100 contracts. Options and Futures are...
Once I saw that TT had Tim Sykes on as a guest I knew the show was more entertainment than educational. Tom doesn't let anybody talk. I like his...
Or use the VIX to predict how an index will move and trade the index.
Why?
Multi-leg options kill on commissions. If you're confident, nothing wrong with directional. Options on SPX and other indexes are great but beware...
Often times you'll hear cocky traders on their high horses tell you that they're better than you because they're sellers, not buyers. But they...
I started paper trading per advice from some traders. I did so well that when I traded with real money I thought I was CIS. Didn't work out too...
Probability of ITM turning a quick profit is higher than OTM. Unless you have gambling money, best stick to position trading ITM weeklys.
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