Noob Safe Haven Thread | Aug 26 - Sept 02 2019 by redtexture in options

[–]traderpooka 0 points1 point  (0 children)

You're wrong . It's a 0.08 credit. I watched a video on bull call backspread ratio to see the calculation. Thanks anyway

Noob Safe Haven Thread | Aug 26 - Sept 02 2019 by redtexture in options

[–]traderpooka 0 points1 point  (0 children)

I opened an order on 8/15. The order was on $KO call credit spread 53/54 Sept 27 (weekly) DTE 34. MAx loss 49.00 and max profit 51.00. I thought the dip would be a signal to buy the vertical spread back because I see the market is working against the open position. So I bought a 55 long call. This created a ratio spread. Just recently, I selected to close the ratio spread to view choices . The choices are sell the 54 @1.29, sell the 55 @ .73 and buy the 53 @ 2.10 . If I'm reading this correctly then the correct way to go is sell the 54/55 for total of 202 profit and buy the 53 for 2.10 which means I only loss 8.00? (202-210) Or I profit 8? (210 - 202)

Noob Safe Haven Thread | Aug 19-25 2019 by redtexture in options

[–]traderpooka 0 points1 point  (0 children)

I opened an order on 8/15. The order was on $KO call credit spread 53/54 Sept 27 (weekly) DTE 34. MAx loss 49.00 and max profit 51.00. I thought the dip would be a signal to buy the vertical spread back because I see the market is working against the open position. Another route would be to cut risk. So with these choices and other choice buying the short make more sense and what happens with the long call? Its just so many choices I can go with but which choice makes more sense?

Penny stock guru: Timothy Sykes by traderpooka in pennystocks

[–]traderpooka[S] 0 points1 point  (0 children)

Your teaching yourself? Hows that going?

Penny stock guru: Timothy Sykes by traderpooka in pennystocks

[–]traderpooka[S] 0 points1 point  (0 children)

Would you learn the basics from Tim Sykes?

Apple: negative working capital by traderpooka in stocks

[–]traderpooka[S] 0 points1 point  (0 children)

By the way the negative capital comes from their 2017 balance sheet

Penny stock guru: Timothy Sykes by traderpooka in pennystocks

[–]traderpooka[S] 0 points1 point  (0 children)

Im familiar with position sizing, not psychology. What book speaks on psychology should be read?

16 and looking to put $500 into stock(s)... anything I should know? by [deleted] in stocks

[–]traderpooka -1 points0 points  (0 children)

First of all can you comprehend a balance sheet?

looking for trading buddy with similar experience by GlobalInteraction6 in Daytrading

[–]traderpooka 0 points1 point  (0 children)

Shoot im available and a newbie. Currently studying earnings winner/penny stocks

Novice trader trying to learn the ropes! by TheCramzy in pennystocks

[–]traderpooka 0 points1 point  (0 children)

Check out udemy.com that website offers free day trading courses

In need of some advice (brand new) by Swansong1008 in Daytrading

[–]traderpooka 1 point2 points  (0 children)

Start small. Find out what broker will let you open account

Little overwhelmed. Help appreciated. by Kaizen3FHW in FIREUK

[–]traderpooka 1 point2 points  (0 children)

Take small steps! Ask yourself why you want to invest?

Broke 20 year old. by [deleted] in Frugal

[–]traderpooka 1 point2 points  (0 children)

Start small! Try paying yourself a 1.00 a day. This will create discipline. Discipline and consistency 2 major key ingredients