Down to about $90k, where would you park it if your trading skills were trash?

Discussion in 'Trading' started by zghorner, Jan 19, 2024.

  1. SunTrader

    SunTrader

    Yup and cancel home insurance.

    Drive without car insurance.

    Live care free and drive a used Lambo thanks to daddy's money.

    Oh wait we all can't all be you.
     
    #511     Feb 13, 2024
  2. Darc

    Darc

    Another ET Poster who drives a Lamborghini. One ET Poster even claims to have a fleet of Lambos.

    Are myself and Semperfrosty the only ones who don't drive Lanbos? Nothing wrong with Semperfrosty's three wheel Van.

    [​IMG]
     
    #512     Feb 13, 2024
  3. themickey

    themickey

    Yeeehhh righto
     
    #513     Feb 13, 2024
  4. deaddog

    deaddog

    I'm making an you are talking about selling covered calls.
    If you do that and the stock gets called away you are then stuck with a loss are you not?
     
    #514     Feb 13, 2024
  5. Hello wxytrader,

    I agree 1000% with you on this.
     
    #515     Feb 13, 2024
    wxytrader likes this.
  6. There you have it...“the most important and difficult job is never to find the right answer; it is to find the right question”...
     
    #516     Feb 13, 2024
    billv likes this.
  7. Now I know why Lord Dest and Dustin. do not frequent Elite as much.
     
    #517     Feb 13, 2024
  8. Yeah because I schooled them on options...jk yeah they know their stuff when it comes to vols but that ain't going to get you 2008 Lambo money. Stocks are the one thing where you don't have to be a professional to beat professionals. My very first trade I bought 5000 shares thinking it was $5000 and my entire account was in a trade, and it was down so I said f it, and a week or so later it got bought out...boom! 70k lol

    In no other profession is that possible...you aren't going to beat a pro golfer, or tennis player no matter what...but a newb can beat a seasoned professional trader anytime with sheer stupidity.
     
    Last edited: Feb 13, 2024
    #518     Feb 13, 2024
    billv and SimpleMeLike like this.
  9. deaddog

    deaddog

    LOL!!
    The right question doesn't do you much good when you can't get a straight answer.:banghead:
     
    #519     Feb 13, 2024
  10. Patience grasshopper...the answer you seek is within these walls.
     
    #520     Feb 13, 2024