what are you buying and selling there? option contracts? so you sold 4 option contracts of GOOG for 0.76 and bought them back for 0.3975? Thanx for clarifying.
Yes, those stocks move, and with a posted P and L, credible and impressive. My question is though, if you want to share it is, how do you establish the entry...tape reading, enter on a trend and hold thru the pain or ????????
I somedays trade and focus on one stock. I'll sometimes just put one or two on my screener not to get distracted by other crap. I usually do it with ETF's like DXD. But this month I made a few trades on WM. I do the Superman 3 approach and scalp 1/4-1/2 move on block trades. I shoot for 3-5% and bail.
Absolutely. I used to trade a screen full but I have paired back to just a couple. Less stress, more control, better results for my style.
What if GE gaps down and your nephew is long? Remember BSC? I like the concept of one to 5 underlyings, but I like ETFs only. They do not gap from $30 to $3 overnight.
Your approach and mine seem similar in the way we trade the underlying! Direction, protection, and "thetation". In other words, we trade stops.
I do not trade options. I trade the securities. The third column is the number of shares. The last column is the commission I paid. Edit: See next post for screenshot with column headers.
There are many ways to trade them and no right way. I could not tell you anything new than what is already posted on many threads here on ET. I was only able to trade for about 2 1/2 hours on Friday.
I agree. I know I can trade any liquid stock but the stocks that are volatile provide more predictable opportunies to capitalize on. The commissions are also cheaper too since you would trade less shares.
I read somewhere that GE is so diversified as a company that it correlates almost perfectly with the performance of the S&P 500. In that sense, GE is an ETF in itself.