watch out
I'm not watching the market today. Today is options expiration, so expect to have big swings. in addition, a long weekend is coming. My trades are set for the quarter already. Sold TRIP and in on DIS, PFE, PENN, HOOD, JD and RUM and will short NVDA soon.
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Trading is a tough business! All my commentary are my personal opinion. Do not follow my trades. You will lose money!
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bay78bay : nice. that's very helpful.
Alexandria : May I ask you, you set all of your trades, buy and stop losses/sell for three months in advance?
MonkeyGee OP Alexandria : let's put it this way. trades that I set long-term almost never lost money. it's the one that you get up one morning and try to predict the market short term. I don't always put in stop loses because it seem like the AI knows where they sit and always gets executed and takes off. tell me if you don't have the same experience.
Alexandria MonkeyGee OP : Yes, I agree with the stop loses. I have stopped doing those for that very reason. I am only 6 months into learning the stock market and as of this week I am finally making profits and up 44%. I was all over the place the first 4 months finding my groove. After reading your message it got me thinking and as you said, I cannot see a losing side to it. I am in Australia so it’s day for me; I have been working on your strategy these last few hours. I love it. Thank you for expressing your thoughts here. I believe it is going to be a wonderful peaceful strategy going forward for me.
Thank you
MonkeyGee OP Alexandria : Thank you for your great feedback, and I'm glad that it helped someone. Trust me, it took me much, much longer than 6 months to learn this, and I'm still learning every single day.
MonkeyGee OP Alexandria : side note be careful there are alot of stocks that are overvalued. buy solid companies only. follow me, I drop notes when I see good opportunities
Alexandria MonkeyGee OP : Thank you. Followed you and friend request you.
70653689 : How far in advance do you buy options? 3 months?
MonkeyGee OP 70653689 : it depends on the stock. some time months and some time it could be one day. you have to determine what works for you.
MonkeyGee OP : so, far DIS, RUM and HOOD hit. and I'm waiting on PFE, PENN, CPNG and LUNR. closed my NVDA short in the last drop, waiting for another round soon.