171–180 of 300 posts
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How do you arrive at $100-$300/day?
My conversion rate is right at 1%. Product is $25. I think I can realistically drive 400-1200 visitors a day to the site with some focused SEO work.
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You can write spreads and not have infinite downside risk. Iron condors are designed to collect premium and you’re covered (at a loss, but a fixed loss) if the stock goes one way or another too far. Of course at that point we are already more advanced than a YOLO casino roller. But yes, in general it’s wise to avoid bets with infinite downside and limited upside. You tend to win these bets frequently (and make small…
I would like to add that even with a spread you can bankrupt yourself if you are assigned to one side of the leg on expiration day after hours, stock moves against you, you aren't notified in time and therefore can't exercise the other leg. It's rare but not that rare.
The "fastest" way of losing money - which the author says is trading options, is naive. Even with a margin account, your purchasing power is 4:1, at best! Now - if you have _enough_ money, you can write uncovered(aka 'naked') option contracts and open the possibility of unlimited losses at least, but that won't afford you any more leverage. IMHO...that "fastest" method to lose money(in the markets) is the commodity f…
Shouldn't margin be weighted against volatility? Part of the reason why they give you that much margin in the first place is that commodities are presumably less volatile.
Or you can think for yourself and lose money too. I thought I was very smart and did a DCF analysis of TSLA for myself. Looked into the assumptions, and convinced myself that even in the most bullish case, the revenues and profits generated by TSLA would not justify a valuation above 500B dollars. I have now lost about the price of a TSLA Model S on paper, and still have not closed out my TSLA short. I should have ju…
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> Yes and no. A Comp Sci./Eng. degree is pretty much guaranteed to get you a decently paying job. This is not true in a lot of countries according to my experience. I would not suggest this path for anyone that might start college in a couple of years. Unless you manage to get into a big company you'll probably find it easier to get a job and a good salary in many other sectors. I know pre-school teachers that had a…
Which country has pre-school teachers making more than software engineers? (I'm curious!)
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>Learning a 3-5 yr curriculum You don't need that to find a decent job. Most developer/programmer jobs have very little to do with comp. sci (which is math) and a lot more with practical application of few select skills.
You often need core computer science skills for the interviewing game.
Or you can think for yourself and lose money too. I thought I was very smart and did a DCF analysis of TSLA for myself. Looked into the assumptions, and convinced myself that even in the most bullish case, the revenues and profits generated by TSLA would not justify a valuation above 500B dollars. I have now lost about the price of a TSLA Model S on paper, and still have not closed out my TSLA short. I should have ju…
I don't know what % of your stack you had on that bet, but if it's money your wife would get mad about it's too much. Definitely don't want more than 2-5% of your chips on a flyer like that.
I'd say keep trying to make smart bets, but cut the size down and do more of them, and take them off if they are bleeding.
Or you can think for yourself and lose money too. I thought I was very smart and did a DCF analysis of TSLA for myself. Looked into the assumptions, and convinced myself that even in the most bullish case, the revenues and profits generated by TSLA would not justify a valuation above 500B dollars. I have now lost about the price of a TSLA Model S on paper, and still have not closed out my TSLA short. I should have ju…
Only thing that is making sense (to me, at least), is crypto's recovery. It's 2+ year bear run didn't make any sense to me. Glad to see it roaring back.
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> E.g. If I am net long in my portfolio and I fear some headwinds I can buy a put or two for the peace of mind. Now those puts should be always considered as worthless, and it is just the price to pay for the peace of mind. Why don't you just change your allocation? If you can't sleep at night because of your current portfolio, and gyrations that are occurring, or that you are worried could occur, I would say it's ob…
Year ago when we were reading the news about what is happening in Wuhan, some of my friends bought SPY puts as an insurance against the potential crisis. The best outcome for them would be if those puts expired worthless. When you insure your house, you don't usually wish for it to burn down. I haven't acted and my portfolio took a -30% hit right after. Your suggestion (to change the portfolio allocation) would mean…
Or bonds:
* https://awealthofcommonsense.com/2020/08/why-would-anyone-ow...
Rebalancing is a thing, though generally for risk reasons. It would/could have saved one's returns during the so-called Lost Decade of the 2000s with the S&P 500:
* https://www.forbes.com/sites/investor/2010/12/17/the-lost-de...
As your equities dropped, there's a good chance bonds would have at least stayed neutral, or even risen: so you'd sell some of those (sell high) and pick up equities at a discount (buy low).
There are even products available that do this automatically for you:
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Not if you value time.
If you enjoy writing a book why would you value your time?