LOL!! You are right. I try to understand but I get confused easily. Let's see if I have this right. You sell a put and collect premium. Then you get assigned when the stock drops. The stock continues to drop and you buy some more. The stock stays down and you give up and sell for a loss (MARA & GME) or add it to your collection of long term investments. (SAVA) In the mean time you make remarkable calls on other stocks (it could go up or down or sideways) and the market in general (it might go up or down or sideways) but don't make any money because your capital is tied up in your long term investments and car payments. I on the otherhand only own stocks that continue to increase in price, take lots of small losses and don't have a single underwater holding. Like I said anytime you want to compare portfolio returns, I'm game.
Like I said you don't understand my trades. Why do you keep bringing up mara and gme? I broke even on Mara. Well I'm well ahead now and I made like 16k on gme.
If I remember correctly you moved out of Mara at a loss and into BITO. Never posted about getting back in. Had to downsize to make car payments. When did you pick up the lambo? Was it in 2008 or are you bragging about using your trading profits to buy a used car?
Because those are the trades you actually posted in real time or close to it. All the rest of your trades are after the fact with a bunch of woulda. coulda, shoulda jargon that make it hard to tell if you actually took the trade or were just thinking about it.
Yeah but the whole point of the mara trade was that it was mechanical, and it practically went worst case scenario, and I recovered...I'm been in a MARA position every week since. GME was huge profits...I ended up closing an assignment early for a small loss because I didn't like the second share offering. This guy should just use the capital to buy bitcoin and call it a day, not try to rejuvenate a brick and mortar antiquated business. You guys seem fascinated by taking losses even if they are short term for the bigger picture...a good trader doesn't cut losses, he takes them. You sound like a pussy lol. You've been drinking the cool-aid about using stops as a way to mitigate risk, which is counter intuitive.
I don't know any good traders who don't cut losses. My guess is the reason most traders blow up is that they let small losses turn into big losses.
Looks like I was right again everyone. LONG AND STRONG SP500 index, FOREVER. America is ALWAYS right and America will ALWAYS win, regardless of what you talking about. Lets go SP500 index, lets go to the MOON baby. This is the EASIEST money, I EVER MADE in my life, and I do not even care who the USA President is or what happens in America. I am just making money in America. That is it. EASY MONEY toooo. SOOOOO freaking EASY.