Anyone investing heavily this year??

[tical]

This will be a Colin approved post.



Why the sudden interest ? @tical

Only got Lex van Dam & ITPM.
The ITPM course is better by a frogs hair but get both.
They go in on Fundamental + technical Analysis, Idea Generation, Volatility, Correlations, money management (kelly criterion) , Riskmanagement, Psychology, Macro Economics, Spread trading, Long / Short portofolio etc......basically a trading process like a hedge fund without the need of a Bloomberg terminal. IMO a perfect course for a beginner.

It changed my perception of the Economy, the way I listen to news, made me aware of things.
As always, this isn’t one of those “get rich quick” courses that promise you a fortune for doing nothing.
You get out what you put in.

Sidenote
Funny how all those guys (Lex, Anton , Raoul Pal ) used to work for Goldman Sachs
I think Anton got the idea of starting a trading academy from Lex after doing this show (3 episode).


When you watch you'll get glimpse of how the course is going the be.
Understand that they were trading in the middle of 2007 (GFC) and some of the participants made money.


Still here. Back in the day it seemed like people didn't understand what I posted.
I'm glad options have been embraced by BGOL.

Made good money in the 1st half of 2020 poured that in stock portofolio but 2nd half 2020 I got hammered a couple of times selling premium.
Looking back the option money that I made was more because I assessed the market correctly using only vertical spreads or ironcondor ( 1 trick pony). When the market changes you have to adjust as well. I don't know how to do that consistently.
That's why I'm trying to upgrade my option knowledge (hedging, synthetics, adjusting positions at what price, skew etc.. ) and how to apply.
Cause now I have a portofolio of MSFT, URW, AAPL, BIP, F, T, SAND, Heineken, UL, and I want to protect it.

So as mentioned in another post I found a new option guru Charles Cottle aka the Riskdoctor. He's legit.
This simple question from his book made me realise that I only know the basics of options.



The book Options Trading; The Hidden Reality (2006) can be found on pdfdrive.com.
I cannot find his 10GB video course for download for free (perhaps BGOL can), so I bought only his 201 + RD2 part from this website for cheap.
It's intensive. I need to brush on certain concepts and my algebra

Not sure if these are the links your looking for but...

Charles Cottle free download

ebookee.com

Also, "The answer is only $600 (10 x .60) x 100 shares?"

 

[PsiBorg]

How many shares do you have?

3000 Shares

 

[xfactor]

Props to all brothas that hit the $OCGN play yesterday. When I first posted it on nBGOL to kick start the now retired - economics / wealth transfer thread in 2020, it was $0.26 - - - $8.00 in AH (yesterday) 3,000% gainer ain’t bad.

keep up the good work in here

 

[xfactor]

3000 Shares

Why would you share that info with an agent like @Non-StopJFK2TAB ?

 

[PsiBorg]

Why would you share that info with an agent like @Non-StopJFK2TAB ?

I could be lying...

 

[Sango]

Thread is moving fast with great info and I'm still not getting new post alerts. Could be me, but I get them for the Biden and other threads I'm watching. Either way, much appreciated. I got some homework to do. Let's keep building.

 

[babydaddy]

Yea gonna have bump this thing continously to keep it near the top because notifications doesn't always work smh

 

[xfactor]

I could be lying...

Yes, never post share count on here. Or P/L statements. It is irrelevant anyway. Only thing that matters is ticker, date posted/entry price and when you decide to exit your position/exit price.

too many agents on here and they are not trustworthy. You don’t want to get caught up.

 

[tical]

Random Question:

Does anyone know how i can be up lets say $500 at the close of the market(Afeter Hours) Friday and now(Saturday) looking at my account it shows i'm down lets say $300?

WTF?

 

[babydaddy]

Random Question:

Does anyone know how i can be up lets say $500 at the close of the market(Afeter Hours) Friday and now(Saturday) looking at my account it shows i'm down lets say $300?

WTF?

You got any crypto currency? It never stops.

 

[PsiBorg]

Random Question:

Does anyone know how i can be up lets say $500 at the close of the market(Afeter Hours) Friday and now(Saturday) looking at my account it shows i'm down lets say $300?

WTF?

There's "After Hours" trading going on. Remember just because the stock market exchange is closed here, doesn't mean trading stops for everyone. That's one reason why stock values can change from moment to moment.

There are different exchanges around the world trading stocks as well.

 

[tical]

You got any crypto currency? It never stops.

No crypto.

 

[tical]

There's "After Hours" trading going on. Remember just because the stock market exchange is closed here, doesn't mean trading stops for everyone. That's one reason why stock values can change from moment to moment.

There are different exchanges around the world trading stocks as well.

This must be the case. But i'm curious if i had stop losses in place i don't believe they would trigger until the US markets opened up.

 

[FUCKYOU]

doge goin going crazy.... might have missed the boat smh

 

[PsiBorg]

This must be the case. But i'm curious if i had stop losses in place i don't believe they would trigger until the US markets opened up.

What a lot of people don't know is that stop losses are not controlled by the exchanges anymore. I believe they got rid of them a long time ago.

Your Broker/Platform now takes care of the stop losses now. That's why it's important to have a good and stable broker. Look it up though.

 

[tical]

doge goin going crazy.... might have missed the boat smh

There's always something going crazy somewhere. I don't even trip about those things anymore. E.Musk happened to do something in tweet world an hour ago or so.

But you can't count on that stuff. If you bought it when it was lower then cool! But i personally wouldn't chase. Come Monday/Tuesday it's probably going to lose it's gaines anyway.

 

[FUCKYOU]

There's always something going crazy somewhere. I don't even trip about those things anymore. E.Musk happened to do something in tweet world an hour ago or so.

But you can't count on that stuff. If you bought it when it was lower then cool! But i personally wouldn't chase. Come Monday/Tuesday it's probably going to lose it's gaines anyway.

yeah youre right! i chased AMC and down $300

 

[Coldchi]

if you aint in Dogecoin......i suggest you get in and buy as much as you can now while its low.

 

[tical]

yeah youre right! i chased AMC and down $300

It happens to all of us man. We're all learning how to play this game. Put that one in your back pocket and keep it moving.

 

[ceedizzle]

if you aint in Dogecoin......i suggest you get in and buy as much as you can now while its low.

I’m in but curious why do you think it’s a good buy?

 

[Coldchi]

I’m in but curious why do you think it’s a good buy?

honestly.............its easy money.
and everytime Elon Musk and Mark Cuban open up their mouth about it......the price goes up.
i've probably made close to $10k on just Dogecoin in the past 2 weeks.

 

[ceedizzle]

honestly.............its easy money.
and everytime Elon Musk and Mark Cuban open up their mouth about it......the price goes up.
i've probably made close to $10k on just Dogecoin in the past 2 weeks.

Thanks! I agree, just wasn’t sure if you knew of another reason. It’s def on fire. That TMZ with Elon is more fuel.

 

[Coldchi]

gonna see what effect this has on Doge tomorrow and in the coming days........lol.

 

[ceedizzle]

gonna see what effect this has on Doge tomorrow and in the coming days........lol.

Is that real SB commercial?!

 

[The Plutonian]

here's a tip that might work for others......because i showed my brother this strategy. 2 months ago, he got tired of workin himself
to the bone everyday doing manual labor, and i got tired of him askin me for money....lol. he didnt know jack shit about stocks or
trading or how the shit worked. i explained it to em for about 20 mins.....showed him what to look for,...but most importantly, since
he was very new to it, i gave him this simple strategy. i showed him how to setup a scanner for stocks between $0.60 and $2.
I initially gave him $5k to start. i told him to buy 5,000 shares of a stock that was below a dollar.....and exit after $0.20 gains....regardless of
how high the stock goes. if it reaches that .20 increase.....sell. because that .20 increase is $1,000 profit. and thats what he does daily.
he has since paid me back that $5k and this is his strategy everyday. he quit his job, he can trade when he gets ready, and guaranteed
to make $1,000 a day when he chooses to, and has more time to spend with his daughter. he doesnt try to go for big plays.....he just focuses
on buying 5k shares of a low priced stock.....wait til it increases by 20cents.....and exits. you do the math.

Iron sharpens Iron! Outstanding!

 

[xfactor]

Random Question:

Does anyone know how i can be up lets say $500 at the close of the market(Afeter Hours) Friday and now(Saturday) looking at my account it shows i'm down lets say $300?

WTF?

Yes. Market makers.

 

[havelcok]

 

[conspiracy_brotha]

Do you really need 8 million screens and shit, to be a successful trader? Serious question. Seems like all that shit would get u distracted

 

[Rudey]

Do you really need 8 million screens and shit, to be a successful trader? Serious question. Seems like all that shit would get u distracted

No, the truth is multitasking is not highly productive but 3-5 screens is recommended for most day traders ( mainly 3).

 

[havelcok]

 

[HellBoy]

Im kinda mad I didn't buy more at $41. I may just go ahead and finish building out my position this week before it runs up more.

 

[head214]

They had a video on Wallstreetbets about shorting AMC this week. Hype? Thoughts?

 

[SmaLLz]

They had a video on Wallstreetbets about shorting AMC this week. Hype? Thoughts?

I'm only 3 weeks in but if they drive the price down enough, I will pick up some shares to hold because I think movies will eventually return in some form.

 

[havelcok]

 

[Supersav]

$nio and $gm should be good day trades this week