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>> No.19715014 [View]
File: 83 KB, 543x777, notes.jpg [View same] [iqdb] [saucenao] [google]
19715014

>>19711000
just post in old thread but..

As to what others have said..just do the research and do long calls for a bit. I have been taking my notes for the past week and doing "fake"/simulated trades via Thinkorswim. I absolutely do not fully understand the "math" and theory behind a lot of the technical analysis, and am just following along with what various traders have taught me (e.g. buy when line X crosses line Y..don't worry about what the lines mean anon..). The intention is to do more fake trades, verify all this shit mostly / somewhat works, and then understand it in depth more.

Beyond anything else I recommend reading this book. One interesting point the author mentions is that arguably by all of us following these technical analysis "rules"...everything becomes a self fulfilliny proficy. The numbers GO UP because everyone is following along to the rules, whether they actually work / represent reality or not. Neat point.

https://www.philstockworld.com/pdf/stockandoptiontrades.pdf

Pic is of some notes of mine..

It seems to be the case that when it comes to options, yes stick to big companies, and really just focus on technical analysis (as opposed to fundamental analysis). Can anyone who does options comment further on this? What buy and sell signals do you prefer?

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