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mike_tee_vee

mike_tee_vee
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  • 3 Stocks Worth Buying Puts On In An Overbought Market [View instapost]
    I'm a different Mike, and I haven't posted here in ages, but I would like to gain a deeper understanding on the line charts vs. candlesticks debate.

    My understanding is that line charts can only show one price (usually closing price) within a given timeframe. A line chart would not adequately map out where price travelled during that timeframe. If price closed on the dead low of that timeframe, the chances of further selling are high.

    A candlestick would be a better visual representation of the relationship between buyers and sellers. By showing the high, low, open, and close simultaneously, you have a short-term illustration of supply and demand. A well offered candle would indicate significant supply.
    Apr 5, 2013. 06:24 PM | Likes Like |Link to Comment
  • The Issues Of Weekly Options, Risk, And Comments On My Daily Options Strategy [View instapost]
    Excellent discussion Thorn. Sam Seiden from Online Trading Academy talks about demand "zones" being a range of prices rather than a specific dollar value. You mentioned 0.20 - 0.30 below the pivot when identifying a stop. Would be this be below the lowest point of the zone to ensure you're not stopped out prematurely?
    Nov 22, 2012. 08:28 PM | Likes Like |Link to Comment
  • Apple: Still Calm Before The Storm [View article]
    At what point does Apple become a value trap? Analysts said to add at $650, and then again at $600 because the price would never be this low again.
    Nov 8, 2012. 11:21 AM | Likes Like |Link to Comment
  • Apple Earnings Preview: Numbers To Chew On [View article]
    Great article. I think Apple needs to keep the price high in order to maintain the halo effect of their brand. Mac Book Pros, Airs, and iPads all carry a premium price and are widely regarded as quality products. Selling things like cheap Chromebooks would deteriorate the strength of Apple's brand.
    Oct 24, 2012. 11:36 AM | 1 Like Like |Link to Comment
  • The Issues Of Weekly Options, Risk, And Comments On My Daily Options Strategy [View instapost]
    I'm a SteadyOptions subscriber, and I can vouch for Kim's credibility. The bad Investimonial reviews are bogus. He gives real time trade alerts, and often his subscribers can get even better fills. He owns up to every decision he makes public on the site, and places a strong emphasis on maximum losses. Every morning, he gives a gameplan of what he's looking at that day. In terms of service, his execution is the closest thing to perfection as I've ever seen.
    Oct 17, 2012. 08:09 PM | 1 Like Like |Link to Comment
  • The Issues Of Weekly Options, Risk, And Comments On My Daily Options Strategy [View instapost]
    Can anyone comment on the importance of individual stock selection in this (or any) day trading strategy? For example AAPL has lagged the market. Does this impact it's performance on long plays?
    Oct 15, 2012. 05:43 PM | Likes Like |Link to Comment
  • Use Caution Buying CF Industries Call Options At This Level [View article]
    Passion, can the fresh all time highs theory be applied to Apple? On Monday it hit an all time high ($683.21), and then collapsed. The previous high did not hold as strong support. How do you gauge demand levels with so many stocks hitting new highs?
    Sep 14, 2012. 07:56 PM | Likes Like |Link to Comment
  • Use Caution Buying CF Industries Call Options At This Level [View article]
    Did Kevin post his trades from last week? I can't see them anywhere. I think potential students are curious as to what is possible with this strategy.
    Aug 29, 2012. 11:17 AM | Likes Like |Link to Comment
  • Potash Corporation Looking Bullish [View article]
    Why has Potash underperformed this year as compared to other fertilzer and chemical companies? AGU and CF are reaching 52 week highs, while POT looks to be stuck in a downward trend.
    Aug 10, 2012. 12:26 PM | 1 Like Like |Link to Comment
  • Use Caution Buying CF Industries Call Options At This Level [View article]
    Passion, can you please comment on what it means to learn to trade on "price, and price alone"? Also, is there any reference material you can refer us to? You bring up valid points on trade history.
    Jul 25, 2012. 03:43 PM | 1 Like Like |Link to Comment
  • CF Industries: Fertilizer Sales Machine Keeps Rolling On [View article]
    Wow, I added to my position at $185, and it's just gone south from there. Is this just a sell on news phenomenon?
    May 4, 2012. 01:43 PM | Likes Like |Link to Comment
  • Weekly Meetings On Other Option Strategies- Including The Reverse Iron Condor, Long Put Butterfly, And The Neutral Calendar Spread [View instapost]
    Kevin, is there a way that you could offer a fee-based subscription site that would provide real time updates and commentary of your trades?

    I think this could be mutually beneficial. It would provide you with another stream of revenue, and it would attract 2 types of clients: those who genuinely want to learn from you, and those would want to make a quick trade.
    Apr 2, 2012. 11:41 AM | Likes Like |Link to Comment
  • 10 Rules For Trading Calendar Spreads [View article]
    Kim, any suggestions on which stocks to use for calendars? I've used Microsoft and Cisco in the past, and recently got burned when they made their big price moves.
    Mar 19, 2012. 03:13 PM | Likes Like |Link to Comment
  • SteadyOptions 2012 Performance [View instapost]
    Kim, which broker do you use in Canada?

    I'm with OptionsXpress Canada, and I pay $1.50 per leg. If I buy 5 $3.75 RIC, I will pay $30 to open 20 contracts, and another $30 to close them. The RIC needs to appreciate at least $60 in order to profit, which is 3.2%. Is this typical? If not, can you recommend a more commission-efficient Canadian broker?
    Feb 29, 2012. 11:55 AM | Likes Like |Link to Comment
  • How To Double Your Gains In Apple [View article]
    How much further can Apple go? Some say there is a pattern of the stock price retreating after the new products are announced. The covered call gives you $12.43 of downside protection, while the 2:1 call spread does not.
    Feb 29, 2012. 11:21 AM | 1 Like Like |Link to Comment
COMMENTS STATS
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