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Bboystyle

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How do y'all decide when to exit an option play??
Do you have a preset percentage goal or do you just go to expiration?
shyt anytime im in the green on options and its before mid day, i sell. I never do long term options, longest i do is 30 days. Before i used to have a preset % in mind but that will get u no where but broke. Ill take a $50 profit over a $500 loss.
 

KING WILL

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Palantir looks to be a winner long term. Glad I'm in.


:salute:
 
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What timeframe i charted on,support and resistence. Did it just break an important level. News on the stock and volume. How confident I am and how much risk im willing to take that day. Which usually depends on how bad or how good my account is doing that day:pachaha:. Also the overall market. And last but not least,my gut. You win some you lose some:francis:

Unless you have a super defined well oiled process leave them shyts alone while you ahead. Ive made and lost 5 figures in seconds.

You basically gambling so as long as you accept that and have a risk system set up go for it but u need to find ur own way with that stuff cuz every risk tolerance and overall temperment is different

Daytrades - 30% is plenty, anything above that is gravy.

I stopped doing leaps because I dont have the patience.

shyt anytime im in the green on options and its before mid day, i sell. I never do long term options, longest i do is 30 days. Before i used to have a preset % in mind but that will get u no where but broke. Ill take a $50 profit over a $500 loss.
Appreciate the feedback:salute:

The gist of what yall are saying seems to be "live to trade another day." My approach has been wrong.
I go from up 60 to down 80 because I'm trying to break the bank on every trade.:snoop:
 

Still Benefited

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Appreciate the feedback:salute:

The gist of what yall are saying seems to be "live to trade another day." My approach has been wrong.
I go from up 60 to down 80 because I'm trying to break the bank on every trade.:snoop:


Classic problem,hard not to be greedy when its going your way. But try to look at it like this,it helped me at least. Your more likely to be right about those short term movements. So taking $20 here,$40 here,60$ there. That will help you to feel more comfortable taking more risk. Not that thats neccessarily good. But sometimes your down $40 and then it goes back up. If you had taken the 50$ from that trade earlier in the day,maybe you wouldnt have been shaken out as easily. I scalp to set myself up to feel more comfortable going for those homeruns.


Again,this isnt neccessarily good advice. My risk management isnt as tight when im "playing with house money". But it does allow me to take more risk,and have less emotion. Thats considered responsible gambling in a casino:pachaha:
 

BlaxOps

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Appreciate the feedback:salute:

The gist of what yall are saying seems to be "live to trade another day." My approach has been wrong.
I go from up 60 to down 80 because I'm trying to break the bank on every trade.:snoop:
You can still score with base hits, no need to swing for the fences every time. Small wins add up.
 

Bboystyle

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NVDA, AMD and AMAZON...got all of these a few days ago on the dip and now im about to sell half of each for a nice profit
 
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BlaxOps

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Rocket Lab reports Q2 Investors Report

Presentation
Code:
https://s28.q4cdn.com/737637457/files/doc_financials/2024/q2/FINAL-Rocket-Lab-Q2-2024-Earnings-Presentation.pdf

My favorite highlights:

Archimedes has completed hot fire testing and new engines are already in production
Neutron is now scheduled for mid 2025
Launch pad and infrastructure in VA are progressing
M&A targets are still being analyzed. Any acquisition will be to fill gaps in vertical integration and revenue potential.

 
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