while most people expect a market drop....an old story. They create a wall of worries and then they take the opposite direction....
Edited by andr99, 27 January 2023 - 01:49 PM.
Posted 27 January 2023 - 01:49 PM
while most people expect a market drop....an old story. They create a wall of worries and then they take the opposite direction....
Edited by andr99, 27 January 2023 - 01:49 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
Posted 27 January 2023 - 02:07 PM
Don't see where your seeing the market drop except blu as call option prices refuse to let up on their extreme bullishness!!
Posted 27 January 2023 - 03:21 PM
sicerely I don't see many who are LT bullish. Comments say most people are LT bearish, but the bear is over imo
forever and only a V-E-N-E-T-K-E-N - langbard
Posted 27 January 2023 - 04:56 PM
Posted 27 January 2023 - 06:21 PM
I have been buying a little IEO almost every day, and I put a trailing stop loss percent under it down 4%. Making money on that. I sold put on various stocks while the market was lower about a month ago, Feb and March expiration. I have been buying them back, at 10% of what I collected on them. The market is up, so I'm selling covered calls. If the market corrects, I'll buy them back for a fraction of the selling price. I'm willing to take on more risk here, but nothing wild.
Blogging at http://RichInvesting.wordpress.com
My swing trades typically last a couple of weeks to a couple of months.
Posted 27 January 2023 - 06:36 PM
I have been buying a little IEO almost every day, and I put a trailing stop loss percent under it down 4%. Making money on that. I sold put on various stocks while the market was lower about a month ago, Feb and March expiration. I have been buying them back, at 10% of what I collected on them. The market is up, so I'm selling covered calls. If the market corrects, I'll buy them back for a fraction of the selling price. I'm willing to take on more risk here, but nothing wild.
I wish I was nimble enough and skillful enough to execute those trades like you. My trades are limited to half a dozen or less trades in a year.
My methods are great for a lazy trader. Buy index funds during dips, have patience and incubate patiently, then sell as soon as decent profit shows up.
The biggest thing I like about this is I seldom get caught in a serious crash. That is much easier on my nerves. I am always out early. Baron Rothschild said he got rich by selling early. Maybe he was right.
Posted 27 January 2023 - 09:42 PM
full moon next week i would be surprised if there wasnt a decline into it
Posted 28 January 2023 - 01:31 PM
Wow look at you chief, first downtrend signal I've ever heard lol!! Did you know there is a full moon every 29.5 days!!
Posted 28 January 2023 - 02:07 PM
Wow look at you chief, first downtrend signal I've ever heard lol!! Did you know there is a full moon every 29.5 days!!
Very funny comment. I needed a good laugh, and I am chuckling.
Posted 29 January 2023 - 09:15 AM
full moon next week i would be surprised if there wasnt a decline into it