I didn't play LK today. Are holding this for a swing trade? I only daytrade. I traded HAL and others. Only up about $1935.61 today.
This is one of my favorite set up. done it a bunch of times . Yesterday made over $9K on LK. I didn't have max shares on else it would have been much better. Next time.
I followed your posts and your struggles for the last several years. You have come a long way! I am forever stuck as a newbie, huge losses this year. Options are just way too complicated for this amateur. Fortunately I do have past gains to cushion this year's loss. But as Buffett said: Only when the tide goes out do you discover who's been swimming naked. I am exposed as an amateur, not elite. Regards,
this is why I don't touch these... just do MAGA.. these things when they are listed in the US perhaps a bit better than the A shares... but MAGA / QQQ is good enough why bother.
Thanks ironchef, that's what I suspected about myself, that the learning curve would be hugely painful so I'd made the commitment many years ago not to go down this route. There are a lot of traders on ET who talk options, I don't know what to make of it because they are adding complications on top of complications. For me, stocks are a handful just in themselves.