Any reccomandations?

Discussion in 'Professional Trading' started by tom0123, Dec 23, 2008.

  1. T-rexx

    T-rexx

    I guess if you need help, you'll need to be more specific. Also try to better formulate your inquiries.
     
    #11     Dec 23, 2008
  2. tom0123

    tom0123

    I just wanted to know of any good trading sites. In the meantime I found EZtrader which was nice. Are you familiar with that site?
     
    #12     Dec 24, 2008
  3. You don't know how much money I manage so do not spit on a 34% return this year, but...you are absolutely right:

    1) I am not a daytrader

    2) I can do a better job managing my risk

    3) You are not impressed


    All right Anti-Hurst, let's see your 2008 performance


     
    #13     Dec 24, 2008
  4. ammo

    ammo

    guy 99 ,what did you do in apr,may jun,nice #s
     
    #14     Dec 24, 2008
  5. these are My Stocks to enter and Hold for the next 24 Months
    Could easily make about 300%
    STOCK Target Entry
    PLD 62.55 2.62
    SVU 45.21 9.09
    TEX 134.28 9.48
    GRMN 130.60 12.40
    VTO 9.13 1.20
    IR 75.83 12.02
    MTW 87.68 5.50
    APC 118.42 31.58
    ZNH 62.97 4.47
    OI 71.30 14.54
    CEA 139.19 6.90
    AA 45.71 7.80
    TGB 11.34 0.46
    RS 110.57 14.49
    AKS 99.70 4.56
    CHL 116.05 36.76
    YZC 49.66 3.84
    STLD 58.72 5.54
    CNX 107.51 19.17
    HON 70.31 22.22
    AG 83.19 17.98
    EMR 86.09 30.46
    CEO 234.77 61.65
    SGR 94.31 11.59
    NE 98.39 20.20
    DNR 58.65 6.62
    NBL 148.84 40.16
    WFT 64.52 9.17
    :D
     
    #15     Dec 24, 2008
  6. Unfortutnately I had a strong opinion about the market and I was wrong. I learned that it is better to surrender to the market if I want to last in this business. Better leave our ego out of the door. Do we want to be " right " or do we want to make money ?

    I am a strategic option seller, as you see from the chart there was a moment were all the gains were gone. At that very time I could have been assigned or I could have closed my position losing all my gains.

    I decided to go ahead and get assigned, but obviousy I was never assigned as the prices after major panic went back up. When blood was all over the street I was not forced to sell, all I did was to just sit tight in my trade.

    A lot of people who sell options blow up their account because they do not have enough money to " take some heat" and sit tight at the most critical moments.

    Often I am completely wrong and yet I am able to brake even. It is a powerful thing !

    Many are here for the thrills and have a gambler mentality.

    The way I make money is as exciting as watching paint dry, it certainly lacks all the excitement and glamour of daytrading, but it works.
     
    #16     Dec 24, 2008
  7. ammo

    ammo

    i used to sell premium in oex ,i at the time was always short puts only,never puts and calls,except before a fed day or some big #,i would sell deep in the money calls to get closer to neutral,thats a long shopping list,how are u able to watch them all in a fast market,we've had more than usual lately....the #s to the right of your hopeful price ,are they hopeful profits
     
    #17     Dec 24, 2008
  8. well it doesn't matter what one does or says, one question always stands: can you make money ?

    Everything else is irrilevant. As I said before it is a fact that 9 out of 10 traders lose money, that's why my advice for someone new like the OP is to stay out of the market.
     
    #18     Dec 24, 2008
  9. tom0123

    tom0123

    i don't know what all the fuss is about. i trade with binary options - you either put or call - how stupid do you have to be not to do it right? all you need is a little understanding of the stock market - and you are on a role...
     
    #19     Dec 24, 2008
  10. Great, what is holding you back ? Go for it !
     
    #20     Dec 24, 2008