I've dabbled in covered call trading before. It can be lucrative, but if not planned well, it could lead to significant losses, especially in a volatile market.
Plus, considering the current global economy, it's essential to be cautious. Economic downturns or geopolitical events can greatly impact the effectiveness of this strategy.
The problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with DESIREE RUTH HOFFMAN for the last five years or so, and her returns have been pretty much amazing.
You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.
@23:31 So the cloud didn't predict the 5% drop we had last couple of months but predicted it for June? Or is predicting another drop? The cloud is shifted compared to reality, is that the point?
I've been checking-in on this channel for years...he puts out TONS of info (obviously) but there's nothing actionable. Everything is backward looking. There is no edge with any of this.
Though carries some risk, long-term TQQQ might be a good investment idea if can hold through the volatility with for example a reasonable percent position. Thank you for your commentary over the last several years. We appreciate all the thorough analysis. One thing I learned from you is how valuable comparative charts can be in understanding market dynamics.
please be careful. Since 2011, TQQQ has had a maximum drawdown of -79%. During the post-Dotcom years, it probably reached -95% or so. You can reduce your drawdown by using a simple moving-average rule, such as the 50/200 day crossover known as the Golden Cross/Death Cross. This reduces drawdown from 2011 to a still steep but more conceivable 50%, yet it comes at price: CAGR is now +26% (previously: 38%).
Wait, do you think cryptocurrency will crash? I don't think so. I'm using Eledator, traders just do business instead of me :) I don't afraid even if crypto will crash
It's a tool that should be used in combination with fundamental analysis and geo-political/macro views. You can question the predictability of any of those tools by TA Cleary illustrates visually what is happening.
If you use it for prediction then sure. If you use it for finding favorable points in time to transact from a probability standpoint then it is useful. I don’t care for most technical analysis, but key price levels and moving averages are useful to me. I know that they are useful for entry and trade management from studying 10,000s of instances of my setups in high momentum stocks.
seems like a solid way to generate extra income, but I wonder how it would affect one's portfolio in the long run.
I've dabbled in covered call trading before. It can be lucrative, but if not planned well, it could lead to significant losses, especially in a volatile market.
Plus, considering the current global economy, it's essential to be cautious. Economic downturns or geopolitical events can greatly impact the effectiveness of this strategy.
The problem is that you don't have the knowledge needed to succeed in a challenging market. Only highly qualified professionals who had to experience the 2008 financial crisis could hope to earn a high salary in these challenging conditions.
Recently, I've been considering the possibility of speaking with consultants. I need guidance because I'm an adult, but I'm not sure if their services would be all that helpful.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with DESIREE RUTH HOFFMAN for the last five years or so, and her returns have been pretty much amazing.
Thanks Chris and Kathy! Have a nice holiday.
You definitely have my sub. This content is next level. For me Eledator was the turning point. Please keep doing what you do and keep being you, love it.
Thanks for the update, Chris/Kathy.
Happy catching the move up.
Thanks for the video.
Thank you. Have a nice holiday.
Thank you Chris.
Always excellent
thank u so much.
Thank you 🙏
that was fantastic
Wow SMH/XLK & keeping check on Monthly XLP/XLY hitting resistance but possible early sign of rotation to defensive if breaks. 👍
Great charts, great analysis! Thank you Chris and Kathy!
No me pierdo un solo sábado. Me guio por tus videos Chris.
@23:31 So the cloud didn't predict the 5% drop we had last couple of months but predicted it for June? Or is predicting another drop? The cloud is shifted compared to reality, is that the point?
Sell everything and buy NVDA. Sarcasm, but that is what is happening.
Thank you for your research. I find your videos are well done. RIght now I'm keeping an eye on Eledator
Can someone please summarize, no worries and clear sky still ahead?
Not really, it's all going to hell. 😜
Thank you! Enjoy your holiday!
Wen moon
I love you man.
I've been checking-in on this channel for years...he puts out TONS of info (obviously) but there's nothing actionable. Everything is backward looking. There is no edge with any of this.
In summary bullish and do buy the dips.
That's basically always his un-said summary, LOL. He's not "predicting" anything.
Though carries some risk, long-term TQQQ might be a good investment idea if can hold through the volatility with for example a reasonable percent position. Thank you for your commentary over the last several years. We appreciate all the thorough analysis. One thing I learned from you is how valuable comparative charts can be in understanding market dynamics.
please be careful. Since 2011, TQQQ has had a maximum drawdown of -79%. During the post-Dotcom years, it probably reached -95% or so.
You can reduce your drawdown by using a simple moving-average rule, such as the 50/200 day crossover known as the Golden Cross/Death Cross. This reduces drawdown from 2011 to a still steep but more conceivable 50%, yet it comes at price: CAGR is now +26% (previously: 38%).
It hasn’t happened yet.
Long SMH short IWM is the easiest money ever. No need to waste time on analyzing stocks for hours on end.
Goofy
Wait, do you think cryptocurrency will crash? I don't think so. I'm using Eledator, traders just do business instead of me :) I don't afraid even if crypto will crash
Technical analysis is nonsense.
It's a tool that should be used in combination with fundamental analysis and geo-political/macro views. You can question the predictability of any of those tools by TA Cleary illustrates visually what is happening.
Said the buy high sell low dude
If you use it for prediction then sure. If you use it for finding favorable points in time to transact from a probability standpoint then it is useful. I don’t care for most technical analysis, but key price levels and moving averages are useful to me. I know that they are useful for entry and trade management from studying 10,000s of instances of my setups in high momentum stocks.
People selling the top need buyers, so please keep those blinders on..
TA is just the graphic display of price action, and its interpretation. To say this is nonsense is just a throwaway statement.