Does anyone play cards anymore? I'm a huge 500 player, and I think investing in stocks can be similar. So far I'm doing pretty good betting on winning hands like $Rocket Lab USA, Inc.(RKLB)$ and $NextEra Energy Partners LP(NEP)$
In cards you get dealt some amazing hands sometimes, and it's easy to win. More often though it's an average hand requiring skill to win. But win you will if you truely know how to play that average hand. knowledge is the key, as is practice.
But now I'm going to go emotional on y'all. In cards, especially playing 500, I normally win by loosing. What? It's a nack, maybe spiritual idk. But I excell at loosing a hand, hence winning by saying I will loose every trick.
Fast forward to options trading, so far I've been picking winners and doing quite well. But I recon I can do better picking losers. Buying puts on stocks that well, they still have huge caps, but their business model is a relic, and their management sucks. Stuck in the past, hanging on to concepts that no longer apply, but in fear of changing anything because it has always worked. Hmmm, I have a few ideas, but I need to do more research
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- ColinThorndike·05-16TOPGood luck with your research!1Report