I have been getting crushed this year (compared to last 2 years where i had 15% and 11% return) I started making bad choices by getting into options and that was one of my downfalls. (especially calls VXX)
Now i am trying a new strategy by going 20% gold/10% silver I am thinking what i should do with companies that are not doing well for me (CAT, FB (yea i know)GS,C, i am about 20%+ down on them. Since I assume and have a feeling that the market will be going south should i just cut my loses and sell them at a loss or should i place some PUT options on them to even out the loss when they do start falling down. Than my next questions is what should i do with stocks that gave me great results such as BAC +80%,CCL+25%,MSFT +15% (about 20% of my portfolio) T +25%. Should i sell them if i and thinking market will go south? Problem is some of them are still under the short term. I will get taxed a lot more if they did not pass the 1 year mark.
What is the wise direction? I would appreciate if some of you can help me out with good reasons. Wallstreet- if you have a second i would like to hear your input.
Also, since i am really thinking market will go south what is the best way to bet against the market.
0
To remove first post, remove entire topic.
I have been getting crushed this year (compared to last 2 years where i had 15% and 11% return) I started making bad choices by getting into options and that was one of my downfalls. (especially calls VXX)
Now i am trying a new strategy by going 20% gold/10% silver I am thinking what i should do with companies that are not doing well for me (CAT, FB (yea i know)GS,C, i am about 20%+ down on them. Since I assume and have a feeling that the market will be going south should i just cut my loses and sell them at a loss or should i place some PUT options on them to even out the loss when they do start falling down. Than my next questions is what should i do with stocks that gave me great results such as BAC +80%,CCL+25%,MSFT +15% (about 20% of my portfolio) T +25%. Should i sell them if i and thinking market will go south? Problem is some of them are still under the short term. I will get taxed a lot more if they did not pass the 1 year mark.
What is the wise direction? I would appreciate if some of you can help me out with good reasons. Wallstreet- if you have a second i would like to hear your input.
Also, since i am really thinking market will go south what is the best way to bet against the market.
I view gold choice a bit different. With Europe drama not ending anytime soon (most likely only getting worse) / US printing money/ and fiscal drama about to start again--I think it will only make gold stronger and i can't say that for stocks.
i was playing with options as short term. My initial plays were very profitable but after that it was all going south no matter if i had calls or puts. Just not going the right way.
in the money
0
I view gold choice a bit different. With Europe drama not ending anytime soon (most likely only getting worse) / US printing money/ and fiscal drama about to start again--I think it will only make gold stronger and i can't say that for stocks.
i was playing with options as short term. My initial plays were very profitable but after that it was all going south no matter if i had calls or puts. Just not going the right way.
Its been all bad news since 2009 and look at the market..now I don't believe they can keep pushing this forward forever but until there's a sign it will stop y pull out of the market?
0
Its been all bad news since 2009 and look at the market..now I don't believe they can keep pushing this forward forever but until there's a sign it will stop y pull out of the market?
If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on
this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide
any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in
your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner
of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.