Awesome! i regret I didn't buy more early in the morning. I've seen so many times in which a stock would open up strong then it retreats downwards for the day but obviously not in this case. i believe the big institutions are all scrambling to get in not realizing how much NFLX has signed up with new customers.
Don't feel bad. Many people have sat out as well. I bought some calls last week and bought some more today when it was already up 70 points. I think she wants to go higher due to many large institutions underestimating the new customer sign ups. Good luck anyway. By the way, if you're interested in another possible high flyers, CMG is due for their earnings next week. I'm sure they won't jump as much as NFLX but should get at least 5% swing on either direction.
Please be honest. This is a serious question. There are others on here would like to learn and also don't want to be alone if someone lost a substantial amount of money. Thanks in advance.
So let's just hypothetically say if your idiot BUSH was the prez at this time then you would give him all hte credit right?
What do you mean our dollar has no value? Are you still living in the 2008. Obama single handedly brought our dollar value now close to Euro if not parity soon. When your Bush was in charge, yes, our dollar value was atrocious but then so was everything else. You must be kid or some uneducated moron that lives in the cage.
With that kind of losses you'll soon be on Food Stamps. I don't think you can trade stocks with Food Stamps. At least you had fun trading trading, right?
John #$%$ and the likes are jealous of Obama. That's the bottom line. They want to keep the white race as the superior image but with Obama at the helm and doing better than all the white prez they can't stand him. Now, I'm speaking of the small minded people of course because NOT all whites are on board with John #$%$.
I really didn't think they were going to pop this much AH because it has been rising for the last few days so I was expecting a pop of 30 to 40 points but not 60+
Stock market is always right.
I disagree. I lost most of my savings playing straddle. The stock market is aware of the option straddle strategies.
My winning method allowed me to make money consistently 80% of the times. Good luck all.
True story, when AAPL dropped from 200's down to 80 or so in Oct 2008 I bought 2K shares of 95 CALL LEAP expiring Jan 2010 for about $5 per share so it costs me $10k my Calls dropped down to $3 only 3 days later so I got #$%$ and sold since i already had lost much during the recession. Well that $3 dollar was the bottom and subsequently it went all the way to around $250 - 275 per share when it expired!!! I'm still kicking myself. I was only 2 to 3 days too early and thought AAPL was going to crash even further down to $50 per share when $78 was the bottom and I think I bought mine when AAPL was trading around 85. I should've held on to it. Easier said than done when your emotions involved. I am looking forward to another recession so I can do it all over again and hopfully I will hold.
Problem with holding strategy is that you are selling your precious time to make money or to even recover so time is actually your life. Time is your life, if you're middle age and up when will you enjoy the profit by holding, 70s, 80's? What profit will you have then by holding? If you bought AAPL since 2009 then great you're rich but how often does that happen? I think the better strategy is to be able to make profit by trading but of course it's easier said than done. I wouldn't recommend trading unless you have a proven strategy that works otherwise it's better to hold.
Someday berchik will get it right. Just like many pundits calling for an imminent recession since 2012, sooner or later we'll see another recession so they'll be right then.
Sold (Closed) my S&P PUTS today with a whopping approx 15% profit. Good luck all. I will be opening a new position tomorrow since I ran out of time today.. By the way, I check my portofolio only once a day about an hour or two that's it. I don't sit in front of computer all day. I'm NOT a day trader in case you're wondering.