Boiler Room: The Official Stock Market Discussion
Domingo Halliburton
Handmade in USA
TWTR pumps and dumps on a fake Bloomberg website story.
After all of the shyt that went on last week, I take a slow day. At least oil is holding up with the Iran nuclear deal
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http://local.amazon.com/los-angeles/B00YPVGSP6/cpd-certified-online-financial-trading-course
Do you trading heads think this is a good course to buy? I don't know the first thing about stocks but would like to eventually get into it.
Just go to the library and take out a book about investing. It not complicated at all and you will save $30. Also you can google about certain investment issues if you still unsure about them.
DonKnock
KPJ Gonna Save Us
Buying that SH option almost 9 or so months ago seemed like such a good idea at the time... now a short 5 months away from taking a massive $2,500 L.
Lesson learned. Don't time the markets. Planned to straddle a contract and decided against buying the SH put. fukking stupid.
Lesson learned. Don't time the markets. Planned to straddle a contract and decided against buying the SH put. fukking stupid.
Futuristic Eskimo
All Star
Why would you buy a SH call instead of a SPY put? It seems to be much less liquid.Buying that SH option almost 9 or so months ago seemed like such a good idea at the time... now a short 5 months away from taking a massive $2,500 L.
Lesson learned. Don't time the markets. Planned to straddle a contract and decided against buying the SH put. fukking stupid.
Guys don't play these fukkin earnings, so many variables and really a pure gamble for the most part..Or if you do, go in very small and treat it as a gamble.
I say this, cuz earnings season has begun again and this one looks to be very shytty overall. Earnings plays are the reason I blew my account and am now just observing and taking in all sorts of info, aka on the sidelines. You could get the most perfect chart setups + all the signs in the world, but all you need is one piece of negative info or a retarded CC, and poof your earnings play is now down 10-20% and you're fukked.
Let me not even go into options with 1-2 months to expiry - boy are those earnings priced the fukk in on those. Going very far out in time, but close to ITM and doing so +2 weeks prior to ER date is the only smart way to play options on earnings - even then with max 5% or so of your trading capital.
So yeah, learn from my mistakes brehs. Obviously I say this to the newer blood in here...
On other news, the Iran deal was already priced in heavy for a while already. Greece is a fukkin shytshow and a joke, LOL... China will be in a world of pain for some time being I think - too pumped up as a market.
I say this, cuz earnings season has begun again and this one looks to be very shytty overall. Earnings plays are the reason I blew my account and am now just observing and taking in all sorts of info, aka on the sidelines. You could get the most perfect chart setups + all the signs in the world, but all you need is one piece of negative info or a retarded CC, and poof your earnings play is now down 10-20% and you're fukked.
Let me not even go into options with 1-2 months to expiry - boy are those earnings priced the fukk in on those. Going very far out in time, but close to ITM and doing so +2 weeks prior to ER date is the only smart way to play options on earnings - even then with max 5% or so of your trading capital.
So yeah, learn from my mistakes brehs. Obviously I say this to the newer blood in here...
On other news, the Iran deal was already priced in heavy for a while already. Greece is a fukkin shytshow and a joke, LOL... China will be in a world of pain for some time being I think - too pumped up as a market.
It's the game bruhBuying that SH option almost 9 or so months ago seemed like such a good idea at the time... now a short 5 months away from taking a massive $2,500 L.
Lesson learned. Don't time the markets. Planned to straddle a contract and decided against buying the SH put. fukking stupid.
Shanghai down 2% tonight so far. Glad I got out of Alibaba.
Domingo Halliburton
Handmade in USA
Yellen wants to hike rates so bad this year.
Domingo Halliburton
Handmade in USA
get ready for Amazon-like trading when NFLX releases earnings after the bell. They could miss and the stock could still go up because....fundamentals.