Sort of, I buy puts when I'm happy with my profits. Then, I can keep my stock as it goes higher, and I don't lose anything if it crashes. The higher the stock goes, the more money I make, but I have no downside either. I lose my put money sure... it's a pittance for the insurance. It's the only smart way to trade. That info cost me a few hundred grand to learn the hard way. Maybe it will save you some heartache.
Poor guy. Your attitude from these few posts show you will clearly envy the winners in every race you fail to finish. Yes, good bonuses. Get to the point in life where you get them (big bonuses) if that is what you envy. "The rich keep getting richer". Yes, and why would you think that is? Because it is not YOU and you feel you are entitled to something? You can do it skipper, just avoid the self pity....that is "what the rich do".
CONGRATS. You are one of the few to figure out the private equity/LBO scam. Just the latest scheme to keep the paper pusher game going. So yes, the market and the rally is rigged and so is the whole financial system. Enjoy it while it lasts.
Come on, be realistic. You act as if those positions in life are earned fair and square. Don't be so disillusioned, that part of the game is rigged as well. Most rich are born rich and stay rich because of their position in society. Those Wall Street positions are highly restricted by the Ivy league system, what does that tell you?
Well obvisiously, gotta incentivize the masses with the American Dream. It's still possible, although the much better days are long gone. "It's not what you know, it's who you know". This quote has quite a number of years behind it. Think about that.
Not so much a sellout as a sector rotation. This was a DIRECT result of Helicopter Ben targeting the global markets and going after the sizzling hot commodity markets. This probably WAS by definition contrived or manipulated for the perceived benefit of the US Gov. Basically Bernanke was shaking out the speculative layer and wanted suck up excess liquidity. In fact I learned an important lesson then - never use even wide stop loss orders since on the avalanche I got shook out of core long term positions that I absolutely loved and wanted to hold for a long term secular bull market. As it was, by the time the wash sale rules expired I was chasing the markets again and behind the power curve. I learned an important lesson there and I will NEVER let myself be shook out of a winning position EVER again. The hedge funds have enough clout and power to whipsaw the small traders to death to trigger stop loss orders and free up cheap equities that they want to buy up in large blocks. If anyone wants to look into manipulation I'd look to what these guys have been up to. But basically I think it was the dog chasing his tail and a lot of liquidity trying to find a new home and going into and out of various sectors as economic news and policy started getting out into the public sector. Also bear in mind that there are HUGE dollars going into 401K/IRA accounts this time of year as employers start committing employee contributions to stock equities. There are also end of year sell offs of losing positions coming up for tax purposes - so expect wild swings going forward to the end of the year. TS
I have heard that quote about a million times, most times I tend to agree with it because I see people in positions that only have those positions because of who they know. As for the american dream, I think that was lost many decades ago......
good point however with the end of year sell offs of losing positions its tough to say when most of the entire is at 52 week highs. I dont think that will have any impact on the markets.