While investing in nokia I got interested in Vringo because they bought 500 patents from nokia. Since nokia took off I started trading vrng instead and so far I have noticed the stock trades with a $2.70 to $3.50 range. perfect for selling puts and calls. I am a technology lover. Love buying gadgets to try out. The best thing so far that I bought was the HP touchpad on fire sale. Tried out Webos and then put android on it. I like apple products from iphone to ipad to apple tvs. I also owned the Samsung Focus wp7 phone but got bored waiting for Mango update to come out. I am currently waiting for Nokia to come out with a lumia phone with Wp8. When the Surface comes out i will give it a try also. update I got the 920 and now own the 1020 and I recently gotten a refurb surface RT with type cover for $199 of ebay , a refurb but with 1 year warranty .... Now I am waiting for my last lumia from nokia the quad core phablet called 1520! with the recent msft nokia deal, I seem to have lost interest in windows phone. I am now waiting for the iphone 6 to come out, if that has a bigger screen I will upgrade to it. the lumia 1020 will be my last windows phone for a while. as a investor I enter positions using secured puts, and when assigned, sell covered calls
I am a 72 years old retail investor. I would describe myself as an income investor. Even when I buy non dividend stock I do so with the Idea of using covered options to create income. My main focus is on energy, mining, chemicals and timber. I manage two SEPs one CRT and a trading account with a professional FA. We have been together since 1990. I do the fundamental research and he does the tech. work.
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We are semi-professional traders. By that we mean that we are accomplished professionals in other fields, who have gained knowledge, skill and experience at trading the markets almost as a matter of self-defense. We were dissatisfied at the way fund managers, investment “professionals” and/or brokers managed our money. Over the past decade, we have successfully taken charge of our financial futures.
I buy established, good companies with strong management, solid balance sheets, free cash flow, growing earnings, and increasing dividends. This is a long strategy, which buys value situations, combining the fundamentals of Growth at a Reasonable Price, with Dividend Growth Investing. This style has been coined as "I-GARP" by Clay King.
To further reduce my risk and enhance my returns, I enter positions by selling puts, also known as short puts. I practice Teddi Knight's strategy of using option premium capital to build positions, and use technical analysis, (Bollilnger Bands, 10-20-30 moving averages, and earnings misses) to enter trades, as practiced by Teddi and Dr. Samir Elias.