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23 February 2017 | 19 replies
The strategy is best described in Joel Greenblatt's fantastic book, and an outstanding practical guide and tool for executing it can be found over at the Magic Diligence website.You can do either (or both) of those using the "leverage" of Options, allowing for substantial upside potential compared to standard stock purchases, with dramatically reduced downside (if you want a no-hype education on Options, Erik Kobayashi-Solomon's book is great).Those with the patience and inclination can indeed use Option trading to make money in any market condition (Wikipedia founder Jimbo Wales, Amazon's Jeff Bezos, and "Black Swan" author Nassim Taleb all spent time -- and made lots and lots of money -- as options traders in their careers).For even more leverage, you could of course do any of the above (and much more) on margin (meaning your brokerage lends you money to do the investment), though that's not something I would ever do personally.Also, if you focus on holding stocks (or options) for at least a year, you benefit from favorable tax treatment of the profits.
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17 November 2018 | 38 replies
Oh and I have a very demanding full time job as an energy trader at an investment bank.
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27 August 2019 | 17 replies
I do not want to have a situation where Bob uses cash app, Steve uses Venmo, Deloris uses checks, and Bill pays with bitcoin.
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22 January 2017 | 3 replies
Michael Hayworth outlined a Business Plan like we Traders have with Buying Penny Stocks.
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1 February 2017 | 5 replies
I'm interested in buying a few shares of stock and I just contacted my SDIRA and they put all kind of restrictions. "For starters, the stocks must be in form of a private placement (not publicly traded). The company ...
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7 February 2017 | 16 replies
Hello, I'm a Software Engineer and Options Trader, I first got into investing about three years ago when I started learning how to trade options.
11 March 2017 | 2 replies
I am about to end my senior year of high school (currently 17, turning 18 in June) and see two ways i can go about my life:(Keep in mind I am also a day trader so my ability to make money for myself is not lacking)1.
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13 March 2017 | 8 replies
@Sheena Varghese it is not legal to trade rent for work in this manner because he is not paying federal taxes.
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23 March 2017 | 8 replies
I grew up in the western suburbs and have lived in the city since 2006 on the north side, working as an equities trader.
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28 March 2017 | 14 replies
does anyone use bitcoin or other cryptocurrencies?