smoothshoe
OP
TWIMO (151403908)
:
It's a little bit of both. Quantum computing is the future. Now, it's just a question of how quickly they can scale the production of more affordable products to generate profits. They have a long cash burn runway to get there. The stock price action is sure to swing wildly in the meantime.
TWIMO (151403908)
smoothshoe
OP
:
Do you seek upward trending stocks or are you familiar with spotting the opposite as well? Iโm trying to learn and get better at buying 3-6 months Put options but my thinking is not adapting wellโฆ I look for large market cap, quarterly revโฆ see attached
smoothshoe
OP
TWIMO (151403908)
:
Long duration puts are generally used as a hedge on positions you already own. I only buy short duration calls. You can go broke quickly, buying naked puts. I rely on earning reports for long positions. I use charts mainly for choosing entry/exit points by backtesting. Since I don't buy puts, I can't help much on strategies.
TWIMO (151403908)
smoothshoe
OP
:
thanks for taking the time to reply. I appreciate it. Shall continue learning and trying to adapt my thinking to profit from the 15-20% correction if it happensโฆ.
smoothshoe
OP
TWIMO (151403908)
:
I only buy if a bull market briefly pulls back. During a selloff, all stocks drop. So I buy the quality stocks. You're thinking like a bear. It's the wrong approach because we are in an extended bull market run.
TWIMO (151403908) : I recently bought based on hearsay . Only now am I trying to read and understanding if this company is Fact or Hope
151698387 : 1111
151698387 : 1111
smoothshoe OP TWIMO (151403908) : It's a little bit of both. Quantum computing is the future. Now, it's just a question of how quickly they can scale the production of more affordable products to generate profits. They have a long cash burn runway to get there. The stock price action is sure to swing wildly in the meantime.
TWIMO (151403908) smoothshoe OP : Do you seek upward trending stocks or are you familiar with spotting the opposite as well? Iโm trying to learn and get better at buying 3-6 months Put options but my thinking is not adapting wellโฆ I look for large market cap, quarterly revโฆ see attached
smoothshoe OP TWIMO (151403908) : Long duration puts are generally used as a hedge on positions you already own. I only buy short duration calls. You can go broke quickly, buying naked puts. I rely on earning reports for long positions. I use charts mainly for choosing entry/exit points by backtesting. Since I don't buy puts, I can't help much on strategies.
TWIMO (151403908) smoothshoe OP : thanks for taking the time to reply. I appreciate it. Shall continue learning and trying to adapt my thinking to profit from the 15-20% correction if it happensโฆ.
smoothshoe OP TWIMO (151403908) : I always buy during market corrections!
TWIMO (151403908) smoothshoe OP : Please elaborate how do you profit from buying during/in a down market?
smoothshoe OP TWIMO (151403908) : I only buy if a bull market briefly pulls back. During a selloff, all stocks drop. So I buy the quality stocks. You're thinking like a bear. It's the wrong approach because we are in an extended bull market run.
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