2 Strategies For Facebook For Bears [View article]
Read everything you can find and start small. Figure out what amount of money you'd be willing to completely part with just to learn about the market and then dive in with that.
2 Strategies For Facebook For Bears [View article]
Thanks to Glenn and Iron Hamster for the encouragement. I write these articles because it helps me wrap my head around everything I talk about. No better way to learn than to do.
2 Strategies For Facebook For Bears [View article]
I completely agree a few successes can and will lead to a big head. That's actually how I started. I began with binary option trading and ended up making a pretty good return on my first few trades. Luckily I withdraw the money I initially invested before I got killed about a week later. In my opinion, it was a good experience. No better way to learn the risks than find yourself on the wrong side of the consequences.
Hopefully when someone loses a ton of money, it's money they can afford to lose, but that's their responsibility!
2 Strategies For Facebook For Bears [View article]
Good commentary. I do agree that everyone should do their own homework but I think articles like this help more so than reading books. For example, I learned everthing I know about options simply by reading similar articles and then playing with the spreads. While it's not necessary to put real money at risk to do so, I think the only way to LEARN is to play with the options with something like a demo account. This article and others (that are similar) are just giving people a place to start.
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
Sure. So we're using three contracts over all. We're going long 2 call contracts at strike price of $645. For that, we're paying $550 per contract of $1100 total. On the other leg, we're going short 1 contract for the $655 put and collecting a premium of $1450. So for the entire spread we're positive $350.
2 Strategies For Facebook For Bears [View article]
Early investors can't start selling until August 18th as per SEC IPO rules. Chances are a lot of them will flood the market during the week of the 19th.
IRSA Investments and Representations: The High-Yield Small Cap You've Never Heard Of [View article]
What's your opinion on TGS? Most people may think the author is off base but most people are often wrong so I try not to let that affect my personal opinion :)
2 Strategies For Facebook For Bears [View article]
I don't believe we have enough information to call out the death of FB but like I said in my article, I really believe they're going to go much lower before they start to come back to life. They need a drastic change in their business model which I firmly expect executives will bring about but not until they've been beaten down by the street,
2 Strategies For Facebook For Bears [View article]
Like I said to TAS, leave my age out of it. Other than that I'm open to any criticism. I haven't backtested this model because honestly, I have no idea how you would back test this option strategy that would give you a valid model for the situation Facebook is in.
As far as entry is concerned, I may rely a bit more on technicals and look for a swing high or a bounce off of a fib level. Not everyone likes technicals but that's my 2 cents.
2 Strategies For Facebook For Bears [View article]
You're dicounting someone's opinion because of age. I wrote this article because stocks and options interest me, as it says in my bio. I'm simply providing my opinion based on my experience. I would call you a fool to take everything I have at face value but everyone started somewhere.
This is an opinion on what I think is a good strategy. You may or may not agree and you have every right to take either side and I welcome any criticism but I don't see my age as a valid arguement.
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
To estimate the movement, I looked at the past few weeks of trading to see what kind of overall movements were happening and that's the basis for my $660 target. As with any technicals, there's room for error. I appreciate your opinion and look forward to seeing where it ends up though!
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
Looks like I missed that. I'll gladly take back my comparison to MSFT but I'd like to point out that the general trend still stands for similar companies.
IRSA Investments and Representations: The High-Yield Small Cap You've Never Heard Of [View article]
If IRS were to reinvest in Argentina, you may be giving up the dividend but in that case the P/B value would move even lower than it already is (it's already less than 1). If that happens, I expect the market to correct for it in the long term at which point you can take your profits.
2 Strategies For Facebook For Bears [View article]
2 Strategies For Facebook For Bears [View article]
2 Strategies For Facebook For Bears [View article]
Hopefully when someone loses a ton of money, it's money they can afford to lose, but that's their responsibility!
2 Strategies For Facebook For Bears [View article]
Appreciate the thoughtful comment!
2 Strategies For Facebook For Bears [View article]
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
2 Strategies For Facebook For Bears [View article]
IRSA Investments and Representations: The High-Yield Small Cap You've Never Heard Of [View article]
2 Strategies For Facebook For Bears [View article]
2 Strategies For Facebook For Bears [View article]
As far as entry is concerned, I may rely a bit more on technicals and look for a swing high or a bounce off of a fib level. Not everyone likes technicals but that's my 2 cents.
2 Strategies For Facebook For Bears [View article]
This is an opinion on what I think is a good strategy. You may or may not agree and you have every right to take either side and I welcome any criticism but I don't see my age as a valid arguement.
IRSA Investments and Representations: The High-Yield Small Cap You've Never Heard Of [View article]
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
Google: A Short-Term Options Play Based On Fundamentals And Technicals [View article]
IRSA Investments and Representations: The High-Yield Small Cap You've Never Heard Of [View article]