Dipping my feet into Stock Market | |
Anonymous Coward User ID: 74970606 United States 06/05/2017 05:50 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 73988168 United States 06/05/2017 05:53 PM Report Abusive Post Report Copyright Violation | |
Justawhiteguy (OP) User ID: 71685411 United States 06/05/2017 06:15 PM Report Abusive Post Report Copyright Violation | |
Justawhiteguy (OP) User ID: 71685411 United States 06/05/2017 06:20 PM Report Abusive Post Report Copyright Violation | Probably not a good time to dip to heavily, considering a major market adjustment is right around the corner. Quoting: Anonymous Coward 74970606 THEY call it an adjustment, the rest of us call it a crash. Yeah I'm not going to dip too heavily because that's always in the back of my mind, but I really don't think we'll ever see a total crash, well if it happened money wouldn't matter anymore anyways. I'm just putting in extra money that I would somehow figure out how to blow on junk . Other than that I take any spare money at the end of the month and buy firearms and lammo, I like having physical goods that I could sell or trade in times of need. I live in VA and what's cool is we have a Craigslist for guns called vaguntrader and you can sell and buy to/from anyone in the state legally. |
TOLD User ID: 74820634 United States 06/05/2017 06:54 PM Report Abusive Post Report Copyright Violation | If you play/survive long enough the natural progression in my humble redneck opinion is into options. And if you get really serious you'll figure out it's a lot easier to pick price areas where the market isn't going and or you can control the probability of the trade as to where the market isn't going in XX time. Figure out how to structure trades around that idea, and you'll not only survive, you'll thrive. The stress is much lower in this type of trading. I know a very successful trader who never looks at a chart, ever. He trades strictly by the Greeks, IV, and current price. He is of course always aware of earnings dates and dividend dates. Making 30% on one trade isn't unusual. No disrespect intended. Put up 30% across your entire portfolio year after year, you can toot your horn all day long. Happy Trading |
Anonymous Coward User ID: 73640892 United States 06/05/2017 06:55 PM Report Abusive Post Report Copyright Violation | |
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