Day 6: Rate Cuts
$S&P 500 Index (.SPX.US)$ Started falling during Fed Talks dip and showing reversal 🔄. Excited to see if its going to be a strong Thursday.
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$Alphabet-C (GOOG.US)$ $Apple (AAPL.US)$ Sold Puts are > 0.50 at this point should consider closing (Profit Take) or wait it out to expiry.
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103798718 : Since you are behind the rankings, might as well go aggressive with 2xleveraged ETFs. $Super Micro Computer (SMCI.US)$ is good to short too.
CasualInvestor OP 103798718 : Good idea. Too bad paper trading don’t allow shorting. Only long trades.
CasualInvestor OP : Interesting most people voted to Take Profits.
Will agree on most instances it’s better to not be greedy and take profits timely. whether it’s timely or not differs for each investor. Closing now and setting a new position, wait it out while the trend is in your favor is also ok.
For me as long as it’s money in the bag I don’t mind holding till expiry actually. Mosquito meat is still meat .