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I understand that trading has a large spectrum of styles, everyone has their own individual forte, whether it's accounting skills, engineering, skills, critical thinking skills and so on, so basically everyone has something to bring to the table.
Professor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.@farmerge and @TimeISmoney raise some important points around the two-way block. While such measures can help manage anxiety, they also limit the open exchange of ideas.
Vigorously expressing a point of view is one thing, but attacking the person rather than the idea is another. It can be difficult to know when someone has been offended and finding the right balance is a shared responsibility.
Skate.
Professor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.
I thought it was a joke and said so at the time.
Hence my occasional poking fun at him.
View attachment 177830View attachment 177829View attachment 177828
I will enter positions on the weekly chart.
On the weekly I would use the box and sell PUTS to the number of shares that I wanted in allocations of 100/contract.
In this case I would sell 24 contracts at whatever the price is. Last price was $0.58 (thin Options on this stock). So you would pocket $1392.00 while you waited to see if you were exercised. You do need to have the available cash in the account for this to be viable.
I will if filled, then calculate buy and sell points for my held stock.
In this exercise I have already taken a position at $24.67. I will trade at BUY $20.56 and SELL at $30.84 a % of my shares.
I have 40% cash held in reserve to buy. I am bearish on this stock currently. Hence the 40% cash. If I had been bullish, I may have only held 20% or 10% as cash.
jog on
duc
So the experiment is back on:
View attachment 178023
Week 1
Shares held: 2432
Position value: $60,432.20
Cash held: $40,000
jog on
duc
Professor at the time I had only been on ASF for a few weeks so was not aware that the said person of a nautical flavour "ruled the waves".@farmerge, I can understand your perspective. In life, we all have different levels of tolerance when it comes to certain topics or behaviours. Some people may have a lower threshold than others.
While it may have seemed like a harmless comment to you, the other person may have perceived it differently or taken it as overstepping a boundary, even if unintentional. Differing sensitivities and perspectives can sometimes lead to misunderstandings.
Open and respectful communication, along with a willingness to understand each other's positions, can help resolve these types of situations more constructively and that's why the two-way block is a hindrance.
Skate.
@ducati916, thank you for posting.
Based on the information provided, let's verify my calculations:
Shares: 2432
Share price: $24.67
Total investment: 2432 shares x $24.67 = $59,997.44
Position value: 2432 shares x $24.85 = $60,432.20
Profit: $60,432.20 - $59,997.44 = $434.76
Are they correct?
Skate.
seems like i have earned a life-time block thenProfessor the person(?) in question in my case took umbridge because I had the audacity to mention a couple of stocks I had traded and made a profit, without first getting his permission to do this on his(?) site.
I thought it was a joke and said so at the time.
Hence my occasional poking fun at him.
sometimes that resonation requires contemplation and self-examination ( it might happen but not always instantly )When others take the time to post
@farmerge, when others take the time to create and share content in this thread, it adds an invaluable layer to our collective experience. Seeing how others contribute their insights and perspectives can lend colour and depth to our understanding.
At times, I feel that the content I'm creating isn't resonating with anyone, and I appreciate those who add their voices alongside mine. My own lengthy posts often seem to fall flat, leaving me wondering if anyone is truly engaged.
However, I have to remind myself that sharing knowledge and giving back is still a worthy pursuit, even if the immediate engagement isn't there. The truth is, not every piece of content will strike a chord with everyone. Our interests and preferences are diverse, and sometimes it takes time for the right reader to discover the value in what is being shared.
Ultimately, posting is my way of giving back, of sharing what I've learned. And as long as I'm doing so with a sincere intent to help others, the impact will surely ripple outward, even if I don't get to see the full extent of it firsthand.
Skate.
Your posts are a valuable source of info & much appreciated. I don’t know how you guys piece it all together!sometimes that resonation requires contemplation and self-examination ( it might happen but not always instantly )
cheers
reading , thinking and looking in unlikely placesYour posts are a valuable source of info & much appreciated. I don’t know how you guys piece it all together!
So the experiment is back on:
View attachment 178023
Week 1
Shares held: 2432
Position value: $60,432.20
Cash held: $40,000
jog on
duc
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