RIMM pre earnings news: Outlook...
Glad I am out.
Don't have any trades in mind at the moment. The only smart play seems to be volatility which is hard to access. Right now oil buyers and sellers are just exchanging PnL back and forth each day it seems.
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DB SCV
Welcome to my page about markets, trading, and New York City. Trading has always been a hobby but has really peaked as of late. My investment style is primarily fundamental and macro in nature but I am learning more and more technical analysis to supplement my technique. I trade equity options because I like/need the leverage. I shy away from stocks for two reasons:
1. I dont have a ton of $ in my brokerage account. With 10$ in and 10$ out in transaction fees on a $1000 trade, I am already down 2% out of the gate.
2. Equities are boring. This is a hobby and I am not a long term investor, so to make it the least bit interesting I need leverage and volitility that options provide.
You can track my portfolio via the Investopedia Simulator < http://simulator.investopedia.com/ > profile name: dmb490. This is (usually) an exact mirror of my Chuck Schwab brokerage account. One thing that sucks is that given my involvment in the securities industry, I have to hold for a minimum of 15 days and am restricted from certain plays.
Always looking to connect with friends, like-minded folks, or people with seed capital ;)
-DB
dburseth [at] gmail.com
1. I dont have a ton of $ in my brokerage account. With 10$ in and 10$ out in transaction fees on a $1000 trade, I am already down 2% out of the gate.
2. Equities are boring. This is a hobby and I am not a long term investor, so to make it the least bit interesting I need leverage and volitility that options provide.
You can track my portfolio via the Investopedia Simulator < http://simulator.investopedia.com/ > profile name: dmb490. This is (usually) an exact mirror of my Chuck Schwab brokerage account. One thing that sucks is that given my involvment in the securities industry, I have to hold for a minimum of 15 days and am restricted from certain plays.
Always looking to connect with friends, like-minded folks, or people with seed capital ;)
-DB
dburseth [at] gmail.com
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