MARY4MONEY
806 posts
msg #52757
- Ignore MARY4MONEY |
7/2/2007 7:22:39 PM
and i even explained exactly to know wether a stock is going tohave good or bad earnings -one involving a certain chart pattern and one involving a sudden move up or down in theput/call ratio 1-10 days before earnings-well those rimm july calls i told you to buy last week are up 1200-12000% going to maybe 3000-30000%
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MARY4MONEY
806 posts
msg #52758
- Ignore MARY4MONEY |
7/2/2007 7:31:07 PM
yes i do use investopedia.com to simulate live trades-in real time as they happen-- like i told you guys and the yahoo rimm board to buy the rimm 160-220 july calls before earnings- and i got mine on ivestopedia while rimm was at 2% rsi-2 on wed at <161- now we are to 214- and here is whay you would gotten if you smart aased guys had read how to do this and did instead shooting off your ignorant mouths--and screew my speeling-it has nothing to do with making moneu--View all Topics | View all Messages < Newer Topic | Older Topic >
some of my rimms calls from rimm at 161(rsi-2 at 2%) (Not rated) 2-Jul-07 02:21 pm the dead bottom last wed-- you idiots=thats a gain from 1000.00$ to 107000.00$ in 2 days and by the way ihave won on over 400 consecutive options in a row- using what i posted on sf- i gave you the buys on aapl today when aapl <121 and also at theopen buy the 42.5-50 crox calls
RFY GP 2007/07/21 call on RESEARCH IN MOTION LTD at $180.00 300 $2.00 $34.20 $1,026,000.00 1610.00% $966,000.00
RFY GN 2007/07/21 call on RESEARCH IN MOTION LTD at $170.00 200 $4.60 $43.80 $876,000.00 852.17% $784,000.00
RFY GO 2007/07/21 call on RESEARCH IN MOTION LTD at $175.00 250 $2.95 $39.00 $975,000.00 1222.03% $901,250.00
RFY GR 2007/07/21 call on RESEARCH IN MOTION LTD at $190.00 50 $0.81 $25.20 $126,000.00 3011.11% $121,950.00
RFY GS 2007/07/21 call on RESEARCH IN MOTION LTD at $195.00 20 $0.46 $20.80 $41,600.00 4421.74% $40,680.00
RFY GM 2007/07/21 call on RESEARCH IN MOTION LTD at $165.00 100 $6.50 $48.70 $487,000.00 649.23% $422,000.00
RFY GT 2007/07/21 call on RESEARCH IN MOTION LTD at $200.00 200 $0.30 $16.90 $338,000.00 5533.33% $332,000.00
RFY GB 2007/07/21 call on RESEARCH IN MOTION LTD at $210.00 20 $0.10 $10.10 $20,200.00 10000.00% $20,000.00
RFY GD 2007/07/21 call on RESEARCH IN MOTION LTD at $220.00 10 $0.05 $5.40 $5,400.00 10700.00% $5,350.00
RFY GQ 2007/07/21 call on RESEARCH IN MOTION LTD at $185.00 400 $1.35 $29.50 $1,180,000.00 2085.19% $1,126,000.00
RFY GB 2007/07/21 call on RESEARCH IN MOTION LTD at $210.00 12 $0.10 $10.10 $12,120.00 10000.00% $12,000.00
RFY GT 2007/07/21 call on RESEARCH IN MOTION LTD at $200.00 70 $0.25 $16.90 $118,300.00 6660.00% $116,550.00
RFY GR 2007/07/21 call on RESEARCH IN MOTION LTD at $190.00 30 $0.65 $25.20 $75,600.00 3776.92% $73,650.00
RFY GQ 2007/07/21 call on RESEARCH IN MOTION LTD at $185.00 70 $1.05 $29.50 $206,500.00 2709.52% $199,150.00
RFY GL 2007/07/21 call on RESEARCH IN MOTION LTD at $160.00 100 $8.20 $53.60 $536,000.00 553.66% $454,000.00
RFY GD 2007/07/21 call on RESEARCH IN MOTION LTD at $220.00 200 $0.05 $5.40 $108,000.00 10700.00% $107,000.00
Total: $6,363,945.00 1490.77 % $5,776,842.00
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wantonellis
161 posts
msg #52760
- Ignore wantonellis
modified |
7/2/2007 9:01:24 PM
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deejal
45 posts
msg #52767
- Ignore deejal |
7/3/2007 2:39:03 AM
Why define an exit strategy? You exit when you feel you have enough profit...period.
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Koronbock
201 posts
msg #52770
- Ignore Koronbock |
7/3/2007 3:31:40 AM
Deejal,
oh Lord, great advice: Trading based on "feelings". You want to exit when you "feel" you have enough profit. How about losses? How about positions that run against you right from the beginning? In that case there are no profits to apply "feelings" to.
Apparently your feelings are different from mine. Whenever I base my trading on "feelings" I surely pile up losses. Trading is a rational adventure based on stock selection (least important), Stops, Profit Targets, Entry and Exit Strategy and money management (most important). Feelings have no role in this. Preserve them for your girlfriend.
Zen of the day for stock traders:
Buy only stocks that go up. If they don't go up, don't buy them.
Cheers,
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deejal
45 posts
msg #52774
- Ignore deejal |
7/3/2007 10:44:52 AM
Point being is....
Set your own exit strategy. If you are happy with a 3% gain, then exit. If you are happy with a 10% gain, then exit. I have piled on losses over the year myself so I understand from where you are coming. But I do believe that an exit strategy is as unique as one's individual trading style. Once I get a certain percentage, whether it's within two days, like LOCM did this week, or whether it's within a few minutes, like also LOCM did at yesterday's close, once it hit a 20% gain, I just said, "ok, that's enough, time to cook dinner" and exited. Normally, I stick to an 8% rule. But, I only hold between 1 minute and 10 days. Profit is profit... no matter how you look at it. Don't get greedy.
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Koronbock
201 posts
msg #52776
- Ignore Koronbock |
7/3/2007 11:01:11 AM
Deejal,
this is all well and fine, but WHAT ABOUT LOSSES?
I see no provisions in your post for what you do when your position runs into a loss and that might happen right from entry. Wouldn't it be nice if we just had to decide "3% gain" or "10% gain" or whatever GAIN ???
Sometimes the market does not hand you that kind of "sweet spot" decision and you have to prepare for taking a loss.
Cheers,
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corsino
259 posts
msg #52779
- Ignore corsino |
7/3/2007 11:36:52 AM
Koronbock
Don't you listen to CNBC? Nobody takes losses. Whenever there's a sell-off, everybody is "taking profits".
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MARY4MONEY
806 posts
msg #52783
- Ignore MARY4MONEY |
7/3/2007 4:13:36 PM
i have won my last 800 option plays in a row
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corsino
259 posts
msg #52793
- Ignore corsino |
7/4/2007 12:51:55 AM
Congratulations M4M. That's fantastic.
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