I told you guys...closing positions for a loss is for fools.

Discussion in 'Options' started by wxytrader, Mar 8, 2024.

  1. taowave

    taowave

    Lol,for a guy who trades 5k underlying,you talk a very big game..

    But it's surprisingly entertaining

     
    #81     Mar 8, 2024
  2. I said 5K per...not 5k total.
     
    #82     Mar 8, 2024
  3. Sekiyo

    Sekiyo

    Easy money has the same buying power as hard money. Maybe bulls are for suckers but you’re the one on your knees. :p
     
    #83     Mar 8, 2024
    taowave likes this.
  4. Relentless

    Relentless

    @Baron - I think you might want to start a new forum section called "The Advice In This Post is Cancer. Avoid at All Costs" after this one. That way the mods can just move stuff like this there straight away.
     
    Last edited: Mar 8, 2024
    #84     Mar 8, 2024
  5. Everyone and their uncle would closed that trade. That's why everyone and their uncle doesn't drive a (2008) Lambo.
     
    #85     Mar 8, 2024
    SimpleMeLike likes this.
  6. taowave

    taowave

    Good point..The guys who manage risk drive 2023 Lambos

     
    #86     Mar 8, 2024
    Axon, zghorner, SimpleMeLike and 2 others like this.
  7. With this strategy... Lambo Today... & Bambo Tamarri !!!
     
    #87     Mar 8, 2024
  8. maxinger

    maxinger

    upload_2024-3-9_8-24-52.png


    If you had bought EVA two years ago,
    you should not close the position for a loss.
    You should continue to BUY and BUY to AVERAGE IT DOWN.

    Let other people close the position (ie SELL) for a loss.

    There are other stocks that you should not close for a loss.
    You can refer to @Quanto postings.
    He has many stocks for you to NOT-TO-CLOSE-FOR-A-LOSS.




    Thank you for your kind heart & unselfish act & thoughtfulness.
    With a kind heart, you might be able to buy a Lambo.

    ________________
     
    Last edited: Mar 8, 2024
    #88     Mar 8, 2024
    taowave, Axon, Sekiyo and 2 others like this.
  9. hilmy83

    hilmy83

    I'm thinking of buying one for my youngest, does it take long to charge bro?

    upload_2024-3-8_18-28-10.png
     
    #89     Mar 8, 2024
  10. schizo

    schizo

    Consistency, yes. But also flexibility.
     
    #90     Mar 8, 2024