Posted by Martin December 15, 2008
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Stock option positions opened


Note: This is a [tag]virtual trade[/tag] for learning purposes.

This morning I have:
bought 100 AFAM @45.79, total [tag]market value[/tag] $4,579 and
sold 1 .KQAAJ @0.05, total market value -$5.00

I will write more about this [tag]trade[/tag] later.


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Posted by Martin December 14, 2008
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Stock options, the first kick off


As I said, I am not experienced in [tag]stock options[/tag] at all. I have never traded it, but I really want to. As many books or literature say [tag]options[/tag] can be a great [tag]source of income[/tag], among other [tag]strategies[/tag]. There are many option strategies, maybe hundreds or thousands of them. I am looking for only one: a [tag]strategy[/tag] which can provide me with a sustainable income, which I plan to reinvest back either into [tag]stock options[/tag] or [tag]stocks[/tag] themselves.
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Posted by Martin December 12, 2008
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Picks 12/08 – 12/12


No [tag]new picks[/tag].

There is nothing to buy out there.

Existing holdings:

100% CASH


Contribution this week: $0

Starting account value = $1,809.80

Account value = $1,809.80 (without margin)

Buying power = $1,809.80

[tag]Portfolio Gain/loss[/tag] this week = 0.00%

[tag]Portfolio[/tag] Gain/Loss for DECEMBER 2008 = 0.00%

Portfolio Gain/loss since inception = -19.19%

[tag]Annual Return[/tag] (CAGR): -19.19%

Now the portfolio is 100% cash, waiting for the new confirmed rally. I transferred all money to a savings account and I will be saving more money for the new upturn, study the market and wait.


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

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Posted by Martin December 11, 2008
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A bailout for automakers failed


Senators didn’t pass the [tag]loan[/tag] for automakers tonight, because [tag]UAW[/tag] didn’t accept lowering salaries of employees to the same level as Japanese [tag]automakers[/tag] in the US. The US [tag]manufacturers[/tag] have about $69/hour salary overhead per employee, Japanese producers manufacturing in the US are at about $48/hour level ([tag]Gross salary[/tag] with all [tag]benefits[/tag]). I have only a few thoughts regarding this situation:

1) UAW acts as stupids. They do not accept lowering company’s overhead to help the company in a [tag]crisis[/tag], which may potentially cause [tag]bankruptcy[/tag] of the company and a loss of all employees’ jobs.

2) No surprise that Japanese automakers are occupying a larger [tag]share[/tag] of the [tag]market[/tag]. With cheaper labor they can produce better cars for better price. If the US companies are not willing to do anything about it they deserve bankruptcy.

3) Tomorrow we may expect a great turbulence in the [tag]stock market[/tag], which may end up the rally attempt. Hold your hats, the roller coaster is speeding up.


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Posted by Martin December 10, 2008
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Stock investing psychology

Stock investing psychology

During my learning period, even today I am experiencing one psychological trap every [tag]investor[/tag] probably went through and every new [tag]beginner investor[/tag] will experience. Some may handle this with a brilliance, some may suffer the similar way I do. I am talking about the psychology during [tag]investing[/tag] into a particular [tag]stock[/tag], which later, after you opened or closed a position, you may experience feelings involving double guessing the [tag]strategy[/tag].
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Posted by Martin December 08, 2008
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A new Rally Attempt in the stock market

A new Rally Attempt in the stock market

Today the [tag]stock market[/tag] provided impressive [tag]gains[/tag], which marked the status as “Rally Attempt”. It seems like the market has found its bottom. It could be a short live attempt however, and it still may fail. Recently the market hasn’t responded to bad news with further drops and it tried to rally three times in a short period row. It seems that the bull is eager to ride up and bring the end of this [tag]bear market[/tag]. It is said that the market has a predictive potential that it can predict improvement of the [tag]economy[/tag] (or worsening on the other hand) about six months ahead. Economists and market commentators speak about improvement during the first half of 2009 or at the half of the 2009. This rally may be the prediction of it.
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Posted by Martin December 07, 2008
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Stock options trading


In “I want to start [tag]investing[/tag], are stocks best for me” article I mentioned that I wish to learn and start [tag]trading options[/tag] as well. However I have never traded options and I have no idea how it works, how to trade them, and [tag]evaluate options[/tag] to make the [tag]trading[/tag] successful. To learn options I have bought some books and I have opened a [tag]virtual account[/tag].
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Posted by Martin December 05, 2008
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Picks 12/01 – 12/05


No [tag]new picks[/tag].

There is nothing to buy out there.

Existing holdings:

100% CASH


Contribution this week: $0

Starting account value = $1,903.78

Account value = $1,809.80 (without margin)

Buying power = $1,809.80

[tag]Portfolio Gain/loss[/tag] this week = 0.00%

[tag]Portfolio[/tag] Gain/Loss for DECEMBER 2008 = 0.00%

Portfolio Gain/loss since inception = -19.19%

[tag]Annual Return[/tag] (CAGR): -19.19%

Now the portfolio is 100% cash, waiting for the new confirmed rally. I transferred all money to a savings account and I will be saving more money for the new upturn, study the market and wait.


Are you interested in Reverse Scale Strategy and see how it works when implemented to even a small account?

Stay updated with Hello Suckers Hello Suckers Feed

Links:

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Posted by Martin December 03, 2008
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Do not be fooled by today’s rally

Do not be fooled by today's rally

In newspapers or in the internet articles you can read [tag]market[/tag] commentaries which may sometimes look very optimistic and another day very pessimistic. Usually these commentaries are dedicated to that particular [tag]trading[/tag] day. For example when you look at Market Dispatches 12/2/2008 you may get fooled that the market has finally recovered and is in a rally. The post reads:

[tag]Dow up 270[/tag] despite darkening auto picture

The [tag]rally[/tag] comes as financial stocks and General Electric move higher. GM says it needs $4 billion to get through 2008; its November sales fell 41% from a year ago. November sales for Ford, Toyota and Honda fell at least 30%.

[tag]Dow[/tag]
+270.00 +3.31% 8,419.09
[tag]Nasdaq[/tag]
+51.73 +3.70% 1,449.80
[tag]S&P[/tag]
+32.60 +3.99% 848.81

Even the results of today’s trading were impressive, these results are based on weak data and rumors. It is frustrating watching the market and [tag]stocks[/tag] everyday, but it is very important to stay out of these daily up and down moves and watch the market as a whole picture. When we take a look at the [tag]intraday trend[/tag] the picture looks completely different:

Dow Jones Intraday chart

As you can see, the market was choppy and most likely driven by rumors. Such a rally is weak and unsustainable. When looking at daily chart, the result is even more mediocre:

Dow Jones Daily chart

The trend goes nowhere with a high probability of further drop. When watching all euphoric data about rallying as well as declining market, always take a look at the whole picture.

Tip: This market is not the one you want to be [tag]invest[/tag]ed in, unless you can use a day-trading technique. The market is usually very volatile during the side-way period and most stocks tend to follow it. There is still nothing to do than waiting. Use this time for studying the market and stocks, save money, do not open any new positions, create [tag]emergency account[/tag] if you still do not have it, build a [tag]watch list[/tag] and wait for the market to tell you when it is the best time to start [tag]buying stocks[/tag] again.


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Posted by Martin December 02, 2008
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Automakers want…


“…[tag]Ford[/tag] (F) described Tuesday’s request for a $9 [tag]billion[/tag] government [tag]loan[/tag]. [tag]General Motors[/tag] (GM) wants $12 billion in loans and a $6 billion [tag]credit line[/tag]. [tag]Chrysler[/tag] is requesting a $7 billion loan.” (cited from today’s IBD Featured story). Altogether they require $29 billion of a loan (credit line is excluded).

I would be cheaper. I want just one [tag]million[/tag] of dollars and I will be truly happy. When the automakers made billions of dollars, did they give you something whenever you just “wanted”? I don’t think so. I believed that we have capitalism in the USA, now it seems we are going toward socialism or communism. In those systems governments were also bailing out and keeping inefficient and bankrupting companies artificially alive by pumping inflationary money into their budgets. Any time a big company will act irresponsibly (banks) or will become inefficient and outdated (i.e. automakers) we (taxpayers) will bail them out. They don’t even have to work hard on improving, finding new solutions, innovative, efficient, and green products. Why, we all will pay for it. Gosh, I have seen this already somewhere…


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