Crossing the wires: AAPL 105 Oct2 PUTs 7,500
To the uninitiated, that would be meaningless. To those of us who learned about option flow, we'd know about what that means. So let's just say you decided to trade up and got an information service. You're bombarded with so much information - what to do with it? Better yet, do you even understand it? For some who are too cheap, they'll stick to paying someone $50 / $100 a month for their newsletters with the hopes of understanding the data contained somehow. Now that may work for some but the majority of people who try their hand in the markets will never fully understand the data being disseminated by newswires if they don't take the time to learn the lingo. Another piece of info: Huge Short Interest on Lumber Liquidators, LL IF you did not know what short selling is or what that means, how would you use that for your trades? It once again proves a point that as many people avoid trying to learn the basics of trading, they will eventually lose money not knowing proper information. I'm a huge fan of increasing one's knowledge but it has to be done efficiently and in a manner that makes sense. -G
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Multiple AuthorsTraders from Equity Sense will be writing on this blog on positions and other market-related things. Archives
May 2018
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