Look, it’s difficult to get back to being fully invested. To an extent, we’re all uncomfortable with uncertainty. However, when I am sitting on a good chunk of unrealized gains, I find it’s easier to press risk. This is what should be done. Manage your risk to win the most when you find yourself winning often. Add to winners when they are winning, so you win more. Subtract from losers when they’re losing to lose less.
I am now holding 15 option positions and 15 short term stock positions. This is not the most invested I’ve been, but it does clearly suggest I am invested in the idea of risk.
Options: BAC, JASO, KBH, LNKD, LULU, MPEL, NOV, RKUS. SODA, SOHU, SPWR, TSL, TWTR, VJET
Stocks: CIMT, DANG, GOGO, GRPN, HEMP, HSOL, KUTV, MY, REE, RENN, RGSE, RVLT, VMEM, XIN, YGE
This is from my active accounts, not including my longer term positions.
I am trying to reduce a couple positions here ahead of the weekend. I’ll let you know what I end up taking off.
Also, After Hours with Option Addict is cancelled for this evening. Have an awesome weekend.
Yours Truly,
OA
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I followed in KBH, GOGO, HEMP, and chicken out on YGE and got out
have a great weekend
best F’n ron jeremy foto..lets see who else gets that
trying to be patient on TWTR and GOGO
You in this MY Sandwich, anybody else? Fully erect (sticking with post theme).
Long and strong.
In mar 2.50 calls sir.
Sweet, my PT was new highs at ~$3.50. Now just playing the break out, gonna sell on a break of todays trend, that dip was close lol.
managerlou – the first adult film I can remember seeing was around 1983, when I was in the 5th grade. It was on VHS & belonged to a neighborhood kid’s older brother. Ron Jeremy was one of the actors, and to my dismay, it didn’t include any naked women! Ron was a lowly restaurant worker that received rude treatment from a lady as she placed her order. He goes I’m the back, frustrated, and proceeds to have sex with a roasted turkey carcass as he builds this woman her sandwich. You can use your imagination as to where the mayo came from, and how it was applied to the bread. To this day, I still find the whole scene disturbing…
Haha! Golden stuff there Buccs.
MY now triangulating on the short timeframes, found a new base to manage from.
LOL (read 4th post above yours)
What to do if it keeps powering up into the close? I wish i was a zero emotion robot at times like these.
I couldn’t help myself. Took half of my stock position off for a 50% gainer. If it continues much higher I’ll be a dope, for now I took some cash.
Why is GERN tanking!? Damnit
Yeah, that dip put GERN in my stop zone. But I’m reluctant to cut it right now in this panic move.
YGE sure looks like shit.
LOL. Down sixteen cents.
it looks like shit? darn, i just entered the trade. i thought it looked good.
YGE is a solid looking chart. Big triangle just consolidating, also could be considered as coming out of Aversion.
oh i’m with ya lou… i’m just worried about fractal’s fragile psyche right now.
Yo Twinkies, I actually meant to reply to fractal too, phat phingered.
We’ll see. It was down over 3% today when I posted. I think it might trade down to 5.86 or so next week, about 5% lower. Hope I’m wrong, as I’m long the name.
Yeah, emotions are a bitch. I keep trying to kill mine (where’s my bong). Best to pick stop and price targets and let those be your guide or course, I’m still working on that too so no hate here. I’ll do my fair share of whining I’m sure.
OA must have just left for the b-day party. “Crash” strikes again
ZeroHedge says Russia has invaded Ukraine
http://www.zerohedge.com/news/2014-02-28/ukraine-acting-president-says-russia-starts-aggression-against-country-russian-plane
This is a blessing dip buy opp
I’ve got deja vu 🙂 tried to yolo that LNKD 200 bottom, but got too cute, and missed it. Nice gap fill.
Only the machines get those fills. Couldn’t snag it either.
i already made all my purchases for today unfortunately. 🙂
Ukraine? Honestly that’s why everything went RED? 8) Wish I’d known, there were a few things I’d like to have bought a lot cheaper. got some LNKD ~201… Mar 205s already profitable, just can’t take ANGI home again even though she’s keep lowering the price
F today. Everything I bought this morning is down 2-5% (moved my portfolio exposure up to 150% with that genius move). And some asshole hit my car while he was texting and driving.
With all the stress we endure, I’m lucky something like that doesn’t happen to me. I’d get locked up over my reaction.
I went the UVXY 65 call route this AM. I am personally feeling pretty bearish here for awhile.
yeah i bot some more chinese burrito stuff on that gap down..dont see that affected..yet..and bucs, the question is, did you see a jon holmes video back the time you saw the RJ footage…thats the real question..
look at the peeps loading into VIPS ahead of earnings. wow
makes me wanna play a short, it really does…
booked 500% gain on Sohu, awesome call OA
I wish I woulda held but I had a moment after the LuLu downgrade this morning. Congrats man I only got 300%. Way to go!
Took advantage of this dippage to scam some SPWR calls.
After I took a whole lot of positions off this am. I waited because of fatigue Friday. Always the same fade into the afternoon. Except they didn’t get me this time. Bot $65 (.87) calls in CRM and $55’s (.32) in LuLu. Everything that I saw which faded did so on Light volume.
The only reason I bot LuLu was that downgrade raised so many eyebrows as being suspicious based on the Delta for every $1 move should equate to a 50%. The Gamma wasn’t bad on these either.
Have a good weekend guys. Happy trading.
Lanforce were you in the military? Saw the ‘Carry On” made me wonder
Well, congrats to yoshii11 – excellent strategy & stock, my man. Looks like After Hours was well represented in the tourney w/ DaJuice, ecchymosis, managerlou & OA as well. I have to root for DaJuice going forward because solar’s success enriches me the most… Kill ’em next week, Juice!!!
i think exbankergirl moved on as well.
twinkies, you’re right! Missed her name on that red background. Congrats exbankergirl. Well done!
Cheers UncleBuccs…I really thought you had me there, and with that avatar change of yours…well, you forced me to bring out my naval ship destroyer. I think we finished with the closest game in the 1st round. That was good fun, I enjoyed the trash talk. Well played my friend.
yoshii11 – you sank my battleship. Now I’m off to have a good cry & join the ranks of Len Bias…
Thanks man, yeah there’s definitely more than just pride riding on FSLR for me. Your match was ridiculously close, down to the final ticks!
Note to self ‘proof read”… lol 50% profit minus the Gamma after every move.
Cody has spoken!
http://blogs.marketwatch.com/cody/2014/02/27/best-stocks-for-legalized-marijuana-and-more/
managerlou,
You and I in Round 2 of this March Madness Tournament?
Oh shit! 🙂 Like fractal said, YGE needs to BTFO already!
I must say, I am rooting for you, but against you.
That’s the last stock in the field I’d want to be matched up against, FWIW.
YGE +50%, VEND -51% would make pretty much everyone happy….
I hate to admit it, I don’t even have a position in YGE right now. I wouldn’t be very happy if that happened.
Haha, yeah. I was gonna say – you can’t root against YGE.
Danny, I got smoked so bad in Feb expiry I just had to book a five hunny gain just to get some confidence back..so much for unemotional trading
What happens if VEND goes to zero next week? Is that a default for rest of tournament?
check out $MASI on the weekly. Mirror image of sentiment chart.
win/loss record on earnings starting to even out…craigslist of China strong showing.
Probably best off calling in sick tomorrow, Jeff. lol
Never. My longs will multiply until I am long more of everything.
We still got 3 weeks.
And we could reverse at the open… Andddd our individual stocks could still skyrocket! 🙂
I’m with comella. Just gonna chill…
I was more referring to the amount of bitching he is most likely going to get.
You’re right.
See you on Tuesday, lol.
I’ll tell you what: I’ve noticed a trend of less bitching lately–I think, as a group, we might actually be learning something here.
just embrace the pain today
Buy the dip?
Reading “The Rise and Fall of The Third Reich” right now is rather ironic, especially since I am about to watch the Poles becomes the Furher’s lady friend.
Get the band aids out for the portfolio balance, lol.
$DNDN finally pops.
OAS worth a look, I missed the bottom of the opening, but still purchased some while in the green today.
URZ just tied it’s 52 week high
had plenty of time to load the boat…now looking for ISRG to knock down 460,470,480 in succession. Let’s do this.
There are plenty of
+4% stock moves today.
Although this is a strong correlate sell when you look at % of >2% moves that are down, once you look past the “fear discoun (>4% moves) so far the sell off is reasonably orderly.
The % of 4% moves that were bearish went from 54% to over 60%. The divergence between 1-2% moves and 4-5% moves has been deteriorating as the sell off has gotten more correlated.
Anyone notice SPWR holding it’s head above water today? FSLR isn’t sinking either. I like that YGE is kinda down going into earnings – there’s a stack of people trying to get March 6’s for .35 ….
@ UncleBuccs when is their ER? I can’t find it anywhere. I’m one of those trying to get filled at .35
Danny – that line keeps getting longer, and the volatility is driving the ‘ask’ up as the day goes.. I’m not budging. As for earnings, I’m kinda in the dark with you – today…so it has to be after the bell??? http://www.nasdaq.com/earnings/report/yge