PoorBoyLeon
PoorBoyLeon
Hello! :) help I'm unemployed :(
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avatarPoorBoyLeon
2024-02-14
$TQQQ STRANGLE 240223 CALL 62.5/PUT 48.5$ With the recent slightly hotter than expected inflation data, the market took a dive and recovered slightly before the close, I am expecting the market to be ranged bound for awhile with other economic data this week. Opened a few strangle contract on $Nasdaq100 Bull 3X ETF(TQQQ)$  expiring next week to earn premium or acquire/sell some at an attractive price. [Cool]  
avatarPoorBoyLeon
2024-02-22
$NVIDIA Corp(NVDA)$   NVDIA is a long term hold for me. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual.  I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good report and I'll get to keep the premiums from my strangle. Wouldn't mind buying more at 545 or selling at 940 (highly unlikely by this week).  $NVDA STRANGLE 240223 PUT 545.0/CALL 940.
avatarPoorBoyLeon
2024-02-07
$NVIDIA Corp(NVDA)$  $NVIDIA Corp(NVDA)$  Have always believed in NVDA since my gaming days and when GPUs were used to mine cryptocurrrencies. Now it's onto A.I. I still believe that this is just the beginning of what NVDA has to offer and will play an important part in whatever is ahead in the tech space. A recent article showed NVDA would be partering with Cisco to improve cybersecurity using AI, this should further improve their data center business. Apart from these, NVDAs reports are showing good growth and numbers to support it. However, I feel it is definitely overextended and due for a correction or range bound. I'll just continue to hold here and  sell some calls.
avatarPoorBoyLeon
2024-02-07
$Palantir Technologies Inc.(PLTR)$  Have been holding PLTR for a long time as I still believe that PLTR has a big role to play in AI for the government, military and possibly the healthcare sector. PLTR has constantly shown growth in both the commercial and private sector with renewed contracts and new contracts. They are also using their own product to assist themselves. This is good to see as well to build clients/investors confidence. Let's go PLTR!
avatarPoorBoyLeon
2024-02-22
$NVIDIA Corp(NVDA)$  is a long term hold for me. Will not jump into buying other chip stocks for now as NVDA is considered cheap compared to the others. What many might do wrong is jumping into another chip stock thinking its the next NVDA. My target price is about $1200. Their earnings shown a growth of about 8%. However, Nvidia is making a China Complaint chip for the China Market that is said to launch this year, I can only see more growth ahead unless there's a change in future news. I will continue to sell calls and puts to optimise RoR. Their graphics and data center side still strong as usual. I was expecting a +-15% change after earnings report and its currently up 8% after market, It's a good repor
avatarPoorBoyLeon
2024-08-06
$SPDR S&P 500 ETF Trust(SPY)$  I do not have 15 years of experience yet but hopefully I will be able to beat the SP500 consistantly. The most important way to beat the market is to invest in quality stocks, stay updated and keep up with news and earnings but to also trade (buy puts to hedge, sell puts and calls for income to reinvest). Also, keep cool and calm, do not trade on emotions. Take the night off if you're not feeling it or losing your emotions. Do not force a trade. (I try to remind myself daily but still fail at it sometimes)
avatarPoorBoyLeon
2024-08-06
I think learning to hedge using options is a skill that investors as well as traders should have in their arsenal. I decided to hedge my downside risk when the market rally started to get shaken by inflation news, jobs data and news of a hard landing and also the spike in the vix (volatility).  I hedged by buying $NVIDIA Corp(NVDA)$  and $Invesco QQQ(QQQ)$  puts as NVDA was my largest position. Why didn't I just sell my NVDA and buy the dips? That's because my average cost on NVDA is really low and I'm still bullish on NVDA and would like to keep my position. The hedged allowed me to hold my entire NVDA position without it losing value, potentially lowering my average cost even fut
$Straits Times Index(STI.SI)$  Retail sales is calculated in monetary value and not number of product sales. So, this doesn't mean consumer demand/confidence has increased. Let's say price rose by 5% and people bought the same amount of stuff, that would also be shown as a 5% increase in retail sales. Talking to people in retail, looking at published data and just looking around outside and how prices have increased, this seems to be the case. What do you guys think?
avatarPoorBoyLeon
2024-02-14
$Tiger Brokers(TIGR)$ I would say both are equally important. Timing would be important for traders while ticker would be more important for investors. Traders are always looking for the right time to jump in and out of a trade, what they need is a ticker with volatile no matter the quality of the ticker. Investors would look for a ticker that shows good management, growth potential for the long run. For me, i try to get a good timing (CSP) and a good ticker, that's definitely a way to optimise your RoR. [Miser]  
avatarPoorBoyLeon
2024-02-14
This year I'm going to try out even more options strategy and try to make my very own and also to be even more level headed (emotionless) to prevent any impulsive or stupid trades that would lower my win rate and hopefully allow me to continue beating the indexes. Apart from investments and trading, probably start reading a little more, DRINK LESS and spend quality time with the family.  Lastly, to get a job. welp![Facepalm]  

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