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Recent content by Big Z

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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Not really sure if anyone is even reading this thread, but, I never got around to post one final trade for the year. The market as you all may know, has been pretty beaten up. I looked at a small account I have with a family member today and wanted to see how it was doing for the year. Trading...
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    Billionaire Ray Dalio: Meditation is ‘the single most important reason' for my success

    NOTABLE! MINDSET 
    This is an interesting thread and I would like to contribute here on my experience and thoughts on this subject. Just my opinion here. To me meditation is like exercising your mind just as you exercise your body at the gym. Sitting for a period of time and focusing on one thing takes practice...
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Some stocks I am looking at for a long positions next week. ENSG ADUS ANTM USPH These seem poised to go up and I will post one more trade for this year using one of these symbols.
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Exiting WMT Sold Stock for 103.33 Sold Option For .91 Cost Basis 101.37 Sold For 104.24 Net Profit 2.87 Risk was 2.87 100% return on Risk All the while no stress, not glued to the computer. I didn't really have to worry about the election results either. The risk was fixed Trade Safe Z
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    WMT Long 98.85 Nov 23 98.50 Put at 2.52 Risk 2.87
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Big gap down on BAC today. Exiting with a 83% return on risk in one day is not a bad thing. Sold the call at .33 Bought the stock back at 26.77 Profit .71 or $71 per 100 shares 71/85 = 83% Trade Safe Z
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    BAC Short at 27.83 Nov 16, 28 Strike Call at .68 Effective Short Price 27.15 Max Risk .85 or 85.00 per 100 Shares
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Some Stocks I am looking at this week for possible trades. 1. BAC Short 2. COP Long 3. SQ Short 4. GDDY Short. To trade the short side safe, I would short the shares and buy a call option for protection. To trade the long side safe, I would buy the shares and buy a put option for protection. Z
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Taking the opportunity to exit this trade at 54.54 and the Put at .09 for a credit of 54.63 Total Profit .49 or 49 per 100 sharers. The timing was bad on this ,but having the put allowed me to lower my cost basis and exit out with a small gain. Instead of panicking out when it was almost 5.00...
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Rolled the 53 strike put to the 51 strike put for a 1.15 credit. New Cost Basis is 54.14. New Risk 314.00
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    Rolled the long put from the 55 strike to the 53.00 strike for a credit of 1.25. New Cost Basis is 55.29 , New Risk is 229.00
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    Technical analysis, is it real? (Now w/a live experiment!)

    INVESTING HOT! 
    No doubt it is a tough journey. And I believe the shorter the time frame the more difficult it becomes. You can spend years tinkering around with indicators and combination of indicators to see what works best. The market can change and a profitable strategy or set of indicators will stop...
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    New Trade today. HLF Buy Stock at 55.19 Buy Oct 26, 55 Put strike at 1.35 Total Cost 56.54 Total Risk per 100 shares is 154.00
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    Technical analysis, is it real? (Now w/a live experiment!)

    INVESTING HOT! 
    I think when it comes to the market it is important to distinguish between facts and opinions. One must understand what is true about the market and use that as a basis for creating a strategy that fits within those truths. For example, MJ, points out three truths. Lets take the the third about...
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    Trading Stocks The Safe Way

    INVESTING HOT! 
    I would like to make a comment on on percentages and money management. This is just my opinion and how I use money management for my portfolio. There is always risk of loss when trading and this is something that needs to be in every persons mind when investing or trading the markets. I do the...
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