I have been in the market since 1981. I have set international records in option trading contests, lost a few fortunes (of my own) as well. I have written 6 articles for Futures Truth magazine, including 3 cover stories. I have also written about 25 articles for www.Futuresource.com as well as ...
more I have been in the market since 1981. I have set international records in option trading contests, lost a few fortunes (of my own) as well. I have written 6 articles for Futures Truth magazine, including 3 cover stories. I have also written about 25 articles for www.Futuresource.com as well as Blogging on IBankCoin and RantFinance My main interests are in technical analysis of stock movements and option strategies. I assist many brokers in what stocks to buy for their clients and I help developers of trading systems to define their markets and to help new clients to begin trading their systems/methods I like to consider myself a mentor to those I can help and to learn from others like myself in this business. I also do a mean Christopher Walken doing technical analysis of charts.
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Latest Comments
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Yes, I also like the SPAC $VYGG, story coming over the weekend. VERY speculative though..
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Speculative for sure, but you have to be in them Before a deal is announced, IF a deal will be announced.
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Remember, Grand Slams also come with strikeouts with the bases loaded. For me to list them all would be to tout that this one will be one of them. That said, for the helluvit the one I loved the most was $AIMT. They had a peanut allergy drug that the FDA approved and the stock was around $31-35 the day it happened. Nestle stepped up and bought 20% of the Co. for $31 in early 2020. Covid hit and many stocks got crushed and stayed there. Later in August the EU put out a report on how good the drug was as well as earlier in the Summer the FDA struck down a competitors drug attempt at peanut allergies. I said to myself "Here is $AIMT at $12.90 (Fri Aug 28th) and with no more potential competition as well as EU "loving" this drug, Nestle has got to step up and buy the rest of this Co." and I bought the Sep $15 calls for $.25 That Monday Nestle bought them out for $32.40 or so and I sold those calls for $19.10 roughly 71:1 payoff. I was shocked that I bought these calls on a Fri on a whim and the next trading day $AIMT was the #1 stock in the world for % gain. True story. I have MANY stories of the opposite as well, where I lost All, so these things do NOT happen often. Best of luck.
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
You're welcome, best of luck.
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
If anyone wants to see/read my trading ideas on twitter my handle there is: www.twitter.com/prosperousguy. The name of my feed is We Trade Setups.
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Yes, "perhaps" as I do not know, only speculating on what he may do with my "risk" $.
Will Chamath Finally Do A Deal For His IPOF SPAC? (19 Months Later)
Plea deal? Explain please.