Stocks are taking on a more defensive tone today. At the moment, I am not stalking any new risk.
I will be lightening up a few positions into strength. For right now, speed of the market is critical. If the Dow +/- 40 point days are in play, don’t sell into weakness…wait for strength.
OA
Comments »Again, don’t make the same mistake that others have done. Become an After Hours with Option Addict member today.
For less than the price of a tank of gas in your Yaris, you can participate with us After Hours as we engage in a full blown TRADING SIMULATOR, equipped with this here fancy spreadsheet.
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Download it and get familiar with it, as you will keep record of your purchases/sales. We will be simulating about 6 weeks of trading history on a no-name stock. You’ll learn a lot about your habits, both good and bad. We’ll be able to talk out decisions along the way…touching on things like position sizing, entry and exit points, letting winners run, cutting losses short, and your emotional habits.
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Yours,
Option Addict
Comments »Here’s what I have, for your reference.
Calls: GME, BYD, ANR, CRUS, BZH, HOV, GS, UNXL, ZNGA, GMCR, JASO, YGE, XONE – APOL
Stocks: MTL, JRCC, RENN, GAME, SIFY, ONVO, PACB
Update: Sold YGE, Bot APOL Bov1 Wkly 28 calls.
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Really folks, for less than the price of a used Keurig, you can become a member of After Hours with Option Addict and learn how to make consistent profits in options.
GMCR, last night’s top pick made an effortless 6% reversal this morning, and our ZNGA long isn’t looking too bad here afterhours.
For all existing members, grab your spreadsheets and get prepped for tomorrow.
OA
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No position, but following the guy that went in huge at $16, with 10% of a “8 figure account.” Ouch.
The least you can do is throw him a follow.
http://stocktwits.com/hakihika
OA
http://www.muddywatersresearch.com/research/nq/initiating-coverage-nq/
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