I am a newbee in options trading and want a consistant positive income. Do you have and Do's and Don'ts a how to guide cheat book version? Thanks.
It's been only six years since I started began foolish investing and so far I still have alot to learn. Let me tell you I did not attend or receive a degree from a prestige business school. What I have learned has been self taught extremely hard with losses amounting to tens of thousands. The only comfort I can take away from that is I learned and that it is still only a 1/2 semester of a prestige semester at one of the afore mentioned types of universities. Along with that I am finally on track to earning those losses back and finally be in profit. My seasonings now are: [more]
You can not help but be interested in the news makers of hedge fund gurus of the likes of Bill Ackman and Carl Icahn who hedge using other rich peoples money in their funds. Now these two are a little different than the many other hedge funds out there who consistently loose to the market versus the S&P. With an industry that has the rich investing in them to the tune of $2.5 trillion and loosing, why are the rich so stupid? [more]
There are top fools here who excel at picks and remaining consistant. So I began to wonder about mutual fund managers who excel as well and how to find them so I can put some of my money in their expert hands. Well after a screen at mornigstar I found Biotechs Funds making huge gains. What I also found is that the companies listed like Fidelity, ProFunds, and some others not only made great gains consistently they made gains in other funds in the company. I would pick these to outperform the S&P and would select them in CAPS if fool allowed it, which they don't, which is stupid in my humble opinion because they do allow ETF sectors. [more]
I came across this site while researching something else and it is a great boon for those fools who manage their own accounts that are making great returns. Check it out. It pays you to let others follow your trades. You don't have to be RIA (Registered Investment Advisor) or a mutual fund but you get paid like one through the subscribers who follow your investments. Fees per subscriber range from .5% to 2.5%. You decide the minimum investment your willing to accept for someone to follow you. You share the management fee with the provider who is registered with SEC in all requirements. That's it! So if some fool here has a private account and is making excellent returns this can help you earn more money just for sharing your trades that you make. They do not require you to move your account from where your happy now. Anyways this is an opportunity I thought I share with all of you. [more]