Well... if you're serious... take the $500 and buy 20 of tomorrows SPY $285 puts. Ya never know. They are .25 mid. This market could tank tomorrow in a blink. And if you're not serious... you're a complete dick... because that is nothing to joke about and I hope you never lost anyone close to you and had to feel that pain. So unfuck yourself and quit looking for fucking sympathy.
You just taught yourself that you can play in a market that you do not understand. You are trading with no information. You probably have no charts, no alerts no level 2 and no trading software. You cant do it with a web based platform and $25 commissions. You just got eaten alive. To make money you have to spend money , All of those things cost but they give you information to understand the market. If you cant see whats on the bid/ask how are you supposed to trade.Go back and paer trade with good software and low commissions. as a start try weekly calls/puts on the SPY as Vanzandt mentioned we trade those every day and make $
Thank you for recommending. I don't have options trading account. I only have Ninjatrader. So i appreciate. PS. I'm serious.
Paper trade until you understand the market. join this chat room http://www.premieretraderchat.com/ and follow for a while
OMG. IRC channel? I have never seen them for years I did enough paper trading to be honest but Thank you very much. I'll have a look at that irc
An IRC channel for traders? I'll have to take a looksie too. Of course, I never over-extended myself to the point I felt I had to "end it..." And yes, people are making money doing it. Yer just doing the crocodile tears thingy. It is unbecoming.
The markets we're going down this week, I was short synthetically through verticle call selling, suddenly markets bounced traded up to I recall 2833 lost most profits , closed trade immediately bot large ATM call , made a lot So....is this trading Short gold call verticle as ambient play to indexes going up flattening out now over next day's weeks
Your results, as you've described them, would seem to indicate that you would benefit from additional practice. Lots, and lots, and lots of additional practice.