Power Plate, h/t pcrm.org
“When the market sells off on fears of a global pandemic it’s not considered a ‘healthy correction.'”
— StockCats, @StockCats
Speaking of healthy: Eating the whole-food, plant-based way helps boost your immune system to prevent and reverse many illnesses. Check out one of our favorite nonprofits, The Physician’s Committee for Responsible Medicine, for more info.
To your health,
“There is only one side of the market and it is not the bull side or the bear side, but the right side.”
— Jesse Livermore
“Buying the dip or buying a breakout usually works the best when the majority think it’s a bad idea.”
— Steve Burns, @SJosephBurns
“The first principle is that you must not fool yourself and you are the easiest person to fool.”
— Richard P. Feynman
For successful speculation, traders say, “Yes” to knowledge, courage, discipline, and hard work.
“No” to emotion.
Good luck in your trading.
UCLA h/t dailybruin.com
“When the market educates you by taking your money, the choice is yours whether to use it as motivation or an excuse to give up. You have to get used to it. Investing is a life long education and its teacher is loss.”
— Ian Cassel, @iancassel
h/t AP Photo / Warner Bros.
Look for options that are set to move from “out-of-the-money” to “in-the-money.” That is where your greatest returns are made.
You should only trade options with risk capital (money you can afford to lose) and only if you understand options.
Out-of-the-money options have no intrinsic (real) value. Their premium (price) is for time and volatility only.
In-the-money options have intrinsic value plus time value.
Now in our 31st year of publication, Options Hotline readers apply our Superleverage strategy to make great options gains from small stock moves, with an always known and completely limited risk.
Subscribe to Options Hotline today to stay a step ahead of the crowd.
“I became overconfident, and that is the most dangerous state of mind anyone can develop in the stock market.”
— Nicolas Darvas
“The prices have to be the most bullish at the top and the most bearish at the bottom. That’s the function of price. It makes supply and demand come together.”
— Larry Pesavento
“Learn to be a skeptical optimist and avoid being a cynical pessimist.”
— Cullen Roche, @ cullenroche
A skeptical optimist remembers to question and think critically, while maintaining hope that he or she can improve the present and face the future without fear.
Now in our 31st year of publication, if you’re interested in joining Sarnoff’s Skeptics Squad and learning how to stay a step ahead of the crowd, subscribe to Options Hotline today!
h/t psychcentral.com, print by groundwork
“Great traders are profitable because they have become masters at managing uncertainty. They don’t win because they can see the future, they win because of what they will do, in the present moment, when faced with uncertainty.”
— Steve Burns, @SJosephBurns