1) I covered my SPY 140 puts on friday afternoon above 2.00 (over 40% gain in less than two days). 2) MNCS-- I would NEVER EVER put in a stop order on a bulletin board stock. 3) If you used a stop, you wouldn't be 40% out of the money on your HANS position.
With regards to #3 Sure I lost $$ on the Hans but if I had stops I wouldnt have made 60%+ on AAPL I tend to not use stops when i'm diversified.
Everyday. If you buy at 10:30 and sell on the close free money. I really HATE this market......you would think this would be arbed to death. I am throwing in the towel
I think this is a paradigm established in Alexander Elder's book "Trading for a Living": amateurs trade near the open, professionals trade near the close. Since the two groups trade against each other, the market often reverses the direction. According to Elder, it pays to trade in the same direction as the professionals.
If you got paid every time you posted this message you'd probably develop a nice secondary income, every time I read your post I feel like a droid, love 100% up room to go $$$ love 100% up room to go $$$ love 100% up room to go $$$ love 100% up room to go $$$ love 100% up room to go $$$ ....
that means zoooooommmmm to da moon market!!! as longs collect free $$$$ up up and away$$$$ you cant lose... just buy more $$$ NO RISK!!