Q3 P/L Challenge: How do you trade the volatile markets?

MonkeyGee : I agree,  there will be no growth with this president.  we will have to wait for 2024.

doctorpot1 MonkeyGee: oil price hiked in October as well, so not optimistic about Oct CPI

GoLeopard : thanks for sharing.
I learnt something from your post about BBBY. Be Patience.
In the case of selling Put, market fluctuations always drop near to the strike price, and one has to buy over the shares. I have no intention to keep the shares. So sometimes i choose "Buy to Close" the positions, just get rid of it and incur losses.
Next day, the market reverses. and there you go, pulling my hair again.
Paper loss is not the worst, but if you can roll the options and wait for months, and get back your money with some profits, why not?!
Always remind myself, roll if possible before close.

doctorpot1 GoLeopard: glad this had been of help to you
yea rolling option is an interesting concept as we always earn the time value... the drawback is opportunity cost and taking on continued risk of the share price dropping or company going bankrupt.
but if there are no better alternatives, then rolling is not that bad.

GoLeopard doctorpot1: yes, options preferably traded on good stock with sound fundamentals. For speculative stock, have to exit fast and also protect with a spread. BBBY is one example.

Reakwonnji : Your patience is real.

SpyderCall Reakwonnji: i think i got lucky mostly i think because i almost sold at the very low of the day. it was a really risky play too. Watch me be upset tomorrow if spy completely tanks. I always say "i shoulda bought more, I shoulda held longer, or i shoulda sold earlier." I say it almost every day

881Huat : Every drop makes an ocean,  well done bro

SpyderCall 881Huat:

razo2 SpyderCall: you had the correct thesis to support it. congrats!

The BIZ : At the Beginning of this I did Not mean to make It sound like we are headed into a Big Rally This  Week. Because I dont think we are. I just think green into Monday so far. Market Events on Wednesday will decide further

Qui Vivra Verra : Thanks for the heads up once again @The BIZ

AmyNic : Wow! A lot of work went into this post. Thank you. Very much appreciated.

Dons hobby : I know you are the shit when it comes to your reports you gift us with daily, but I gotta tell you I think this is one of the best you have done. This is not only about the stock and what you are thinking it is also about what you are DOING AND HAVE DONE as well as options, picks and charts as well as how you explain things truly helps people understand instead of scratch their heads. I do appreciate you BIZ as well as what you do for everyone's betterment.

SpyderCall : good post!

SpyderCall : good article!

meruson : forward guidance decides whether a stock rises or falls, not earnings. market is forward looking. we are looking at the future when we see the current stock price.

stitchmailbox : Fed and US govt will ensure the market go down and econmy goes into recession.
Cant be all experts say coming but end up no come. Then experts no one believe already
Embrace for Friday again

lightfoot : Certain sectors will fall back hard. CEO's are not as creative and maybe overpaid!  overrated.  Companies failed to look for new markets, reduce inventories if Sales are falling.  Cash is essential during this Biden era of Kill the Economy.  He is screwing us all no liberal socialist exempt.   What ignorance or is it Tyranny on the Republic.   Now, corporation are following Biden's agenda like auto industry has stopped for electrical cars and trucks.  This is the giant killer of our nation.  Where did this stupidity come from. We have put the cart before the horse.  Grids were never considered, charging stations, sustainable non explosive batteries. cost of production,  unskilled labor, nickel,  silver we do not have a sufficient supply.   You need engineers, problem solvers. accountants,  Bring back the horse and put him before the cart please.

ASIA CONQUEROR lightfoot: Well put!

doctorpot1 :

steady Pom pipi :

SpyderCall : way to go everyone! Thank you Moomoo!

CasualInvestor : Well done

QG BIG SOCK SpyderCall: what do you buy/ get with the points?

wiggieloko2022 : @Rene Verdugo13

70966509 : $Bitcoin(BTC.CC)$$Bitcoin(BTC.CC)$

whatzurmyspace : I've been learning the reading ways, but have yet to get really quick with it. with time I've been getting better for sure.

70577514 : wish moo moo would let us trade rvna

Milk The Cow 70577514: I think moomoo will mark the account as day trader if doing day trading too often...

whqqq Milk The Cow: Does marking have any effect?

Milk The Cow whqqq: Yup, u need to has certain assets in ur account = I think maybe is a 2 digits thousands asset..., if not u are banned for trading like for a week or so...
That's what I heard in the past. Not sure if the rules now got any new changes .

Milk The Cow whqqq: Basically, they marked ur account as a dangerous trader with too low asset.
Moomoo also won't want themselves to go bankrupt right ? So, I kinda understand them.
But not convenience for users with little investing funds & know what they are doing.
Quite troublesome & it's something similar to margin call in option... making u indirectly lost because u triggered the broker's safety system feature.
This is why, brokers usually never make losing .

diligent Chipmunk_36 : Yes

Sosou Marisoul diligent Chipmunk_36: .yes

Sherman Li : Paper trading right? We are not able to buy China Stock in Singapore

diligent Chipmunk_36 : How would I get the Fund

whqqq : That's why I sometimes admire those traders

Rockyturki whqqq: hahahaha you will

LalalanaRI :

WallStreetYoda : how much are you down im only asking becouse it helps ppl with there loses

cola1010 WallStreetYoda: About 15-20% loss. I will hold for the long term as I am not willing to lose money.