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Re: Any day trader's out there? [Fishbum] [ In reply to ]
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Fishbum wrote:
I'm looking to just get started and learn as much as possible. Complete newbie...

I'll rephrase. Do you plan to quit your day job?
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Re: Any day trader's out there? [windywave] [ In reply to ]
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Well I would love to. But as someone just starting that is a very difficult question to answer.
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Re: Any day trader's out there? [Fishbum] [ In reply to ]
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Fishbum wrote:
Well I would love to. But as someone just starting that is a very difficult question to answer.

What do you want to trade? How much risk capital so you have? How much can you spend on infrastructure?
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Re: Any day trader's out there? [windywave] [ In reply to ]
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Pm sent
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Re: Any day trader's out there? [windywave] [ In reply to ]
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windywave wrote:
Leddy wrote:
Sanuk wrote:
School me on how to start.

Take your disposable cash, invest in solid dividend paying stocks, reinvest the dividends, leave them for 10 years while you do your regular job and live a far happier life.

You're welcome.




Wussy , leveraged ETFs. Pair that with some uncovered calls and you’re on your way. Go big or go home !

for compliance sake this is not a recommendatiion based on FINRA rule 2090 and the rules that govern the LR

You're a bad person ;)

Just trying to expedite things.

"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "
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Re: Any day trader's out there? [Leddy] [ In reply to ]
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Leddy wrote:
windywave wrote:
Leddy wrote:
Sanuk wrote:
School me on how to start.

Take your disposable cash, invest in solid dividend paying stocks, reinvest the dividends, leave them for 10 years while you do your regular job and live a far happier life.

You're welcome.




Wussy , leveraged ETFs. Pair that with some uncovered calls and you’re on your way. Go big or go home !

for compliance sake this is not a recommendatiion based on FINRA rule 2090 and the rules that govern the LR

You're a bad person ;)

Just trying to expedite things.

Well if you eant to do that just sell straddles
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Re: Any day trader's out there? [windywave] [ In reply to ]
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windywave wrote:
Leddy wrote:
windywave wrote:
Leddy wrote:
Sanuk wrote:
School me on how to start.

Take your disposable cash, invest in solid dividend paying stocks, reinvest the dividends, leave them for 10 years while you do your regular job and live a far happier life.

You're welcome.




Wussy , leveraged ETFs. Pair that with some uncovered calls and you’re on your way. Go big or go home !

for compliance sake this is not a recommendatiion based on FINRA rule 2090 and the rules that govern the LR

You're a bad person ;)

Just trying to expedite things.

Well if you eant to do that just sell straddles

He could screw that up and end up with a collar and delay the inevitable

"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "
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Re: Any day trader's out there? [Leddy] [ In reply to ]
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Leddy wrote:
windywave wrote:
Leddy wrote:
windywave wrote:
Leddy wrote:
Sanuk wrote:
School me on how to start.

Take your disposable cash, invest in solid dividend paying stocks, reinvest the dividends, leave them for 10 years while you do your regular job and live a far happier life.

You're welcome.




Wussy , leveraged ETFs. Pair that with some uncovered calls and you’re on your way. Go big or go home !

for compliance sake this is not a recommendatiion based on FINRA rule 2090 and the rules that govern the LR

You're a bad person ;)

Just trying to expedite things.

Well if you eant to do that just sell straddles

He could screw that up and end up with a collar and delay the inevitable

Doubt it. Also collars are inefficient to hedge most portfolios
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Re: Any day trader's out there? [windywave] [ In reply to ]
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windywave wrote:
Leddy wrote:
windywave wrote:
Leddy wrote:
windywave wrote:
Leddy wrote:
Sanuk wrote:
School me on how to start.

Take your disposable cash, invest in solid dividend paying stocks, reinvest the dividends, leave them for 10 years while you do your regular job and live a far happier life.

You're welcome.




Wussy , leveraged ETFs. Pair that with some uncovered calls and you’re on your way. Go big or go home !

for compliance sake this is not a recommendatiion based on FINRA rule 2090 and the rules that govern the LR

You're a bad person ;)

Just trying to expedite things.

Well if you eant to do that just sell straddles

He could screw that up and end up with a collar and delay the inevitable

Doubt it. Also collars are inefficient to hedge most portfolios

Wait , we're talking about good ideas here ?

"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "
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Re: Any day trader's out there? [Leddy] [ In reply to ]
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I'm lost... Sorry.
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Re: Any day trader's out there? [Fishbum] [ In reply to ]
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Fishbum wrote:
I'm lost... Sorry.

All the ideas I threw out there are highly speculative and carry A LOT of downside risk.

Leveraged ETFs are meant to be day traded but through the use of leverage get you a compounded return. As well as loss if you are on the wrong side.

The other stuff is options. Which when used correctly can reduce your risk. Or when used as we were throwing around can cost you a lot of money if again you’re wrong. For example, covered call = you own a stock and sell the right to buy it at a specific price - reduces risk
Uncovered call = you sell someone the right to buy a specific stock but don’t own it - risk is unlimited. Covered you own the stock so your upside risk is stock does well you get called and only profit on the option premium. Uncovered, you sell someone the right to buy XYZ stock at 20. Let’s say it’s tradimg at 20. It goes to 100 you get called , you have to go buy it at a 100 then deliver. Since there’s theretically no limit on ceiling for a stock price it carries a lot of risk

"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "
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Re: Any day trader's out there? [Fishbum] [ In reply to ]
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Straddles and collars are options startgies involving combinations of calls and puts

"I think I've cracked the code. double letters are cheaters except for perfect squares (a, d, i, p and y). So Leddy isn't a cheater... "
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Re: Any day trader's out there? [Leddy] [ In reply to ]
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Ty. I need a trading dictionary.
Last edited by: Fishbum: Nov 5, 17 17:08
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