I got stopped out of W the day after I got in at $134.17 for a loss of $385. Can't win them all. I would have posted but I was out for the extended weekend camping with some friends. It looks like I should have set my stop just a hair lower, because it's up off the bottom since then. Oh well, gotta stick to the plan as that's how I protect myself and don't chase losses. I have a tendency to gamble/chase my losses so the stop quote prevents me from doing that.
Current positions open: AMD: +6,771 (+32.74%) YEXT: +$2,038 (+25.58%) CRON: -$68.35 (-0.85%) NFLX: +$733 (+9.17%) CLGX: +$730 (+9.12%) Current alert prices: Note: Some of these are for entries, some are to more actively monitor when alert is hit BABA: <$133 BAC: <$27.25 CBT: <$42 CLX: <$147 GILD: <$63 GM: <$32.33 IIPR: <$92 PINS: <$24 STNE: <$25 TNDM: <$54 UAL: <$80
Well a $4K-$5K loss mainly due to AMD yesterday ruined my July results. Oh well. I've been nothing but patient with AMD. It will get up there again.
You gotta start protecting your investments with put options during earnings. They have weekly options which is a cheap insurance policy compared to your stock position.
I can't trade options in the 401K. The simplest protection would have been halving my position before earnings. Most of my trades are over the course of a few weeks to a few months, but AMD has been since 2016... so I've made majority of my profit in my 401K on AMD. I'm not worried about it, but I know what you mean. I've definitely swing traded many positions in AMD while holding some long-term.
You can buy options in your regular account though, right? Think of it as insurance premium on a car. You wouldn't dream of driving without it, correct?
Yes, I can. This thread is only for my 401K account though. I'll consider expanding at some point, but I don't want to get overwhelmed by committing to too much on the site at once. I'll ease into it. I suppose I can always just throw a one-liner in like "hedging my bets with some puts in my regular account".
Stopped out of CRON today for a loss of about $900. On the bright side, that is my only position that was down, so my remaining 4 positions are all up.
Just jumped in at $39.79. It's partially a gamble because it could very easily lose support reporting earnings after the close today.
I lost $1429 today being an idiot. But now im in AAPL 193.30 short. Im looking for a replay of the last trade tension; AAPL went down to $170. I expect AAPL to reach at least $180 this time if not $170 again. If there is a gap up that doesn't cover that will mean reversal. Then I switch team and go long.
Up nearly 10% on the 401K in the market today. Just sold a little over half my position in AMD at $33.613. Only sold because my position is far too large. $34 has acted as resistance 3 times now, 4 if you include today. I still have ~$20K in AMD right now. The shares I bought on 7/31 made me an extra ~$1300 but I bought much too early at $31.10 even though it dropped to $28. That's OK, the important thing is I had the right idea, just the wrong execution. Still made money. I don't plan to sell the remaining shares any time soon.
