CarolineEllisonFTX
CarolineEllisonFTX t1_iy77q34 wrote
Reply to comment by Warfeint in My giant pile of Apple Puts are starting to look attractive… by [deleted]
This is stupendously regarded. Everywhere I look it's either Samsung or Apple, with Google sprinkled in. Samsung is constantly pushing out new things and Apple is right there with them. We're getting closer and closer to the point people won't really need personal computers so long as security is locked tight on their phones. Buy a sweet display from Dell or LG and a hub for a mouse and keyboard and you're good to go.
Phone demand will continue going up next year with a slowdown the past few as more and more of the world opens up beyond COVID. People will continue buying the latest and greatest to keep up with the Jones'.
I think an untapped market with increasing healthcare costs is the watch market which Apple and Samsung have been working on winning. If there's a loser there, it's going to be Garmin IMO. Some insurance companies were giving out free fitbits to get people incentivized to get healthier/walk more.
CarolineEllisonFTX t1_ix0mr6x wrote
Reply to comment by [deleted] in To the ones that swing trade spy calls or puts or get massive huge gains by [deleted]
Sounds like you know more than the experts, suppose that's why you are winning a lot. When the market doesn't make sense, don't play it. Using a 1 week sample as anecdotal support is silly. You do know what SPY is composed of right?
CarolineEllisonFTX t1_ix0lzap wrote
https://www.amazon.com/Complete-Guide-Price-Analysis/dp/1491249390#customerReviews
- Study
- Create strength and resistance support lines every morning - based on 3day charts and going back 1 year to see where similar zones struggled to break out or break down
- Monitor the big names in the market - AMZN, AAPL, MSFT, NVDA, etc. as well as monitor indexes like XLF, XLK, XLV, QQQ - watch for when one starts to break down and see if others start to follow suit as this will guide SPY and slightly precede SPY moves
- Look at the technical indicators and what they are doing - MACD, EMAs, RSI, etc.
- Watch the macro trends
- Divorce your emotions and feelings from trading (this is the hardest one and why most can't trade for a living - you need to be a robot emotionally like Zuckerburg)
I tried for a little while, but I don't have the time or will to do this despite seeing others do it successfully. Trading SPY will make the gamblers and impulsive people bend over and take it. You'll likely lose for a while until you learn to be patient and make the 1, 2 or no trades a day depending on signals.
CarolineEllisonFTX t1_iy784an wrote
Reply to comment by [deleted] in My giant pile of Apple Puts are starting to look attractive… by [deleted]
That's a lot different than what OP was saying.