Boys I do not mean guys that hold stuff for long periods of time. I am talking about guys that make a minimum of 15 trades per year and includes options and futures.
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I'm guilty. Always made money with covered calls, buying a stock and selling a call against it. I buy bonds too. No futures.Comment -
The thing about option trading is you do not need a lot of money to do it and losses are limited.Comment -
I was market maker on both the CBOE and PHLX. Was also a nasdaq market maker..Comment -
marc what happened?
retired?
Fired??
Quit??Comment -
Bot VZ at 32.41 went lower but closed ok at 32.55 thanks to a big MOC buy. Like catching a falling knife. Think I'll bail at the open, was gonna do a covered gig and collect the 5% div but too much selling. Caught SBUX down at 49 and grabbed some Oct 50's. Need a little push back to 50-51. 1st or 2nd week of Sept might try a whack at some Oct OEX calls and play the window dressing into the end of Sept, will pass if crude is over 65.Comment -
One problem with playing the possible crude drift lower and subsequent stock rally is all the high cap oils dominate the SnP 100. Not a buyer of the techs so forget those indexs. I guess the 500 is the best but spreads between bid and ask are killer.Comment -
I used to but finally realized there was a problem-I sucked!Comment -
Best place to be is Dow Jones stocks or SP's
Techs are still just too unpredicatableComment -
anyone buy the dunkin donutes stock?Comment -
Smartest thing you can do is buy Gold and/or Silver. And I don't mean the SLV or GLD etf's, I mean actually investing in and taking delivery of gold and silver bullion. Smartest thing you could do. I've been accumulating Silver Canadian Maple Leafs for the last 10 months, I buy 4-5 of them every paycheck i getComment -
Buy some AAPL, it will hit $500 in no time ...Comment -
Gold should hit 2000 eventually
Currencies flat
stocks flat
bonds/us treasury;s I do not know anymoreComment -
Been shorting the US currency now for a while...Good money to be had coach
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How about those Apple stocks boys, hit 400 for a bit end of last week.............. got My share years ago at 60 a share, back about 6 years ago! Sittiing on a gold mine, Sold some back to get my original invstment.
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Yes, very often.המוסד
המוסד למודיעין ולתפקידים מיוחדים
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sure, but badly....covered calls are a pretty good way to make some money...Comment -
illini isn' t this you finanical adisor
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It's a rigged game nobody wins at except the insiders
Trading stocks is for suckers that couldn't cut it betting sportsComment -
My question is, after buying all these silver coins, what are you going to do when you spend it all? Say the dollar does go under and you have silver, so no worries, but what about when you need to start buying stuff. That silver isn't going to last long. What are you going to do then??Comment -
[quote=The Inevitable;10880556]My question is, after buying all these silver coins, what are you going to do when you spend it all? Say the dollar does go under and you have silver, so no worries, but what about when you need to start buying stuff. That silver isn't going to last long. What are you going to do then??[/quote
You liquidate them for whatever the current market value of 1 oz of silver is you moron, that way you are protected against the inflated dollar and your money doesn't sit in your wallet or your savings accont depreciating by the second.Comment -
Thanks
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With the current state of world affairs and all the geo-political chaos going on (wars, european debt, u.s. debt, inflation, poor jobs and real estate, etc, etc, etc) you need to be putting your money in COMMIDITIES...AKA REAL, TANGIBLE, assets. This global experiment with fiat currencies has simply failed. Money, bonds, etfs, all that shyte is just PAPER. Literally. Paper. You need to be investing in things like Gold, Silver, Oil, Wheat, Copper,etc...REAL assets that have REAL value.
Tkae it or leave it, but that's what the smart people are doing.Comment -
*CommoditiesComment -
The only way we will ever be able to fix the dollar and make it worth something again is to back it with a basket of commodities...we can't just back it with gold bc there has simply been to much money printed and gold would have to be worth like $20,000 an ounce to back all the dollars printed by itself...but if we were to back the dollar with gold, silver, and other commodities, we could begin to restore value and respect to our currency. We wouldnt be able to just print money whenever we want and we would start to fix the problem.Comment -
Everyone thinks they know what to do with the market, this and that, bottom line is nobody knows what's going to happen. If you did you would be done!המוסד
המוסד למודיעין ולתפקידים מיוחדים
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Let's dispel some myths here.
- Currencies are not flat, you can make a ton off of them sunday-friday. I know people that do, and I'm trying to learn from them.
- Penny stocks are all-or-nothing, but all you need to do is hit one, and it will make up for the last 5 you bombed on. The big board market and the penny market are both corrupt, but with pennies you actually have a chance to be on the right side of the corruption.
- Listening to speculators, talking heads on CNBC, or posters here are sure fire ways to get smoked. Don't even bother. Stick to gambling.Comment -
Silver.....cold and hard....thats the ticket..Comment
