/biz/ - Business & Finance

>>16075289

It's basically the old school way of saying, "The trend is your fren."

>>14099954

>bizlet/10

Take your age and subtract 110. That number is how much money should be in stocks. Put the balance into bonds, money markets, etc.

Take about 60% to 75% of your money for stocks and stack up low expense ratio Index Funds. Take the remaining chunk and buy up some good yielding dividend stocks. With the last 2% to 5%, use it to gamble and treasure hunt those """big opportunities.""""

That's how you make it (tm).

>>14083797

I'll trade you this big nickel for your tiny little dime.

We're drawing the lowercase "h" on the charts, boys! Here comes the crash!

Trust me. I have a long dick.

>>13999366

Jews need to do (((tricks))) to make money from the goys.

>>13920763

To make it specific to my scenario, I think LCI will finish next week at $6/share max, someone else thinks it will finish at $7/share

I sell him the option to buy my shares at $6.50/share next Friday, charging him a premium that he pays up front, and if it doesn't reach $6.50 I pocket the premiums and keep my shares?

>Correct. Buy the underlying LCI shares in round lots (multiples of 100 shares). 1 Option Contract = 100 Shares of Underlying Stock. Sell-to-Open Call Contracts at a $6.50 Strike Price for $XX.xx Premium. You are paid/credited $XX.xx in Premium Cash Money to your account. If it does not reach $6.50 on the underlying plus the Premium and commissions paid to purchase your Call Option then it you will not be assigned.

How is this not just making free money off of people who are too hopeful?

>Is pretty much is.

As long as I set the execution price of the option above my average cost per share, even in the even it does go to $7 I got paid extra to leave the market early?

>Yes. You are essentially selling off potential upside return for an almost guaranteed profit cap. So if LCI is $5.50 a share, you write a Call for the $6.50 Strike, and it's assigned at $7.00 per share -- and Called away from your account, then you've made a profit of $1.00 per Share plus your Premium Payment collected.

>>13914324

In this order:
>Go get professional training
then
>Good job with high pay and benefits
then
>Run all expenses through Cashback Credit Card to get extra 1% to 2% discount on life, and pay down every month
at the same time
>Open High-Yield Savings Account and make regular deposits
then
>Take 401(k) at job and do a minimum contribution to get the highest company match percentage
then
>Open ROTH IRA and begin making after-tax contributions here
then
>Open taxable brokerage account to make growth and income plays

>>13876648

Doing what I can do to alleviate all the FUD.

>>13812343

Threadly reminder to always execute Buy/Writes while Wall Street is Fuddy-Duddy.

I will remember your valiance, young Bag Man.

>>13794308

Invest long term in indices with the lion's share for the win!

Trade and gamble with a small percentage to snipe profitable pops.

>>13780100

The coloration of the volume bars indicate which team (Buyers or Sellers) is initiating more transactions. The color indicates how lopsided the transactions are on the side of the Buyers or the side of the Sellers.

Little reds mean that the Selling momentum is being sustained (hypothetical #s) 60/40 on the side of the Sellers.

When the Order Book clears out the Asks and matches the next price down, the large green candles you see are Limit Orders executing at the next lowest price level to clear out the books. As more people queue up to Sell and fill the gap in the spread, it moves the market price downwards.

>>13761262

Packed in +$1,500. Currently retracing a (-$9,000) pullback from two weeks ago when I re-entered the top right before the international dick-measuring contest began.