Eaten up by earnings

Well… that stinks…

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OCTOBER 17, 2024       Hey y’all!  Remember how just the other day, I asked our experts for some advice on trading earnings, and shared it with all of you? And their advice more or less boiled down to: earnings are a coin flip, so be super careful. Before I get into this, I just want to remind you: anyone can brag about their wins, but it takes an incredibly brave and noble Editor-in-Chief to brag about their losses. Especially when they look like an idiot and ignore the advice of much smarter people around them… 🤦‍♂️ And that’s exactly what I did yesterday… and paid for it!  The moral of this story: listen to our experts!  Let me tell you what happened…   Jack Carter’s Top 3 Stock Entries of the Week!     Click Now To Get The Picks! “Yesterday I was at my computer when I saw an alert from Lance Ippolito about a fun little earnings trade idea…   Now, if you know Lance, you know this isn’t a full-conviction alert by any means. Just a fun idea he was throwing out to take a gamble on earnings. Cause that’s what most earnings trades are: a gamble. Right? I mean we just covered this… But I thought, why not? My accounts haven’t been doing so great lately because I keep taking dumb bets on coin flips… what’s the harm in adding another one?  So I got into the $24.5 Puts and I watched and waited. And suddenly, things looked GREAT!  KMI reporting earnings and we immediately saw a big selloff in the stock until the close of after market trading. Winner winner, chicken dinner, right?!  Wrong…   The stock rallied right back to yesterday’s close, and I never had a chance to get out. I waited for it to come back down a little and cut my losses… rough day. Here’s the thing though: I’m not really upset about this outcome because at least I minimized my losses.  That’s the one piece of advice I did listen to: never risk more than you can afford to lose. I did lose on this one… pretty badly… but it was a small trade with just a few contracts, so I’ll live and learn. After all, I’m right back into a few SNAP contracts at $0.81… :D Because this IS a high-conviction bet…   I took the Nov. 1 $11.5 Calls.  SNAP reports earnings after the market closes on Tuesday, October 29th. So I’ll be watching this one for a while!  Hope your trading is going better than mine today! To your prosperity, Stephen Ground  Editor-in-Chief, ProsperityPub

OCTOBER 17, 2024 Hey y’all!    Remember how just the other day, I asked our experts for some advice on trading earnings, and shared it with all of you?   And their advice more or less boiled down to: earnings are a coin flip, so be super careful.   Before I get into this, I just want to remind you: anyone can brag about their wins, but it takes an incredibly brave and noble Editor-in-Chief to brag about their losses. Especially when they look like an idiot and ignore the advice of much smarter people around them… 🤦‍♂️   And that’s exactly what I did yesterday… and paid for it!    The moral of this story: listen to our experts!    Let me tell you what happened…   Jack Carter’s Top 3 Stock Entries of the Week!     Click Now To Get The Picks! “Yesterday I was at my computer when I saw an alert from Lance Ippolito about a fun little earnings trade idea…   Now, if you know Lance, you know this isn’t a full-conviction alert by any means. Just a fun idea he was throwing out to take a gamble on earnings.   Cause that’s what most earnings trades are: a gamble. Right? I mean we just covered this…   But I thought, why not? My accounts haven’t been doing so great lately because I keep taking dumb bets on coin flips… what’s the harm in adding another one?  So I got into the $24.5 Puts and I watched and waited.   And suddenly, things looked GREAT!    KMI reporting earnings and we immediately saw a big selloff in the stock until the close of after market trading.   Winner winner, chicken dinner, right?!    Wrong…   The stock rallied right back to yesterday’s close, and I never had a chance to get out.   I waited for it to come back down a little and cut my losses… rough day.   Here’s the thing though: I’m not really upset about this outcome because at least I minimized my losses.    That’s the one piece of advice I did listen to: never risk more than you can afford to lose.   I did lose on this one… pretty badly… but it was a small trade with just a few contracts, so I’ll live and learn.   After all, I’m right back into a few SNAP contracts at $0.81… :D   Because this IS a high-conviction bet…   I took the Nov. 1 $11.5 Calls.    SNAP reports earnings after the market closes on Tuesday, October 29th. So I’ll be watching this one for a while!    Hope your trading is going better than mine today!   To your prosperity,   Stephen Ground  Editor-in-Chief, ProsperityPub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions. Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub

ABOUT US:  We believe that the opportunity for financial literacy and freedom belongs to all people, not just those who already have years of investing experience. Prosperity Pub provides an array of educational services and products that will help you navigate the markets and become a better investor. Trading is made simple through our online forum full of trading techniques to give you the best tools to kick-start your investing journey. We offer collaborative webinars and training; we love to teach. No matter the opportunity, we bring together a strong community of like-minded traders to focus on analyzing market news as it’s presented each day. DISCLAIMER: FOR INFORMATION PURPOSES ONLY. The materials presented from Prosperity Pub are for your informational purposes only. Neither Prosperity Pub nor its employees offer investment, legal or tax advice of any kind, and the analysis displayed with various tools does not constitute investment, legal or tax advice and should not be interpreted as such. Using the data and analysis contained in the materials for reasons other than the informational purposes intended is at the user’s own risk. DISCLAIMER: TRADE AT YOUR OWN RISK; TRADING INVOLVES RISK OF LOSS; SEEK PROFESSIONAL ADVICE. Prosperity Pub is not responsible for any losses that may occur from transactions effected based upon information or analysis contained in the presented. To the extent that you make use of the concepts with the presentation material, you are solely responsible for the applicable trading or investment decision. Trading activity, including options transactions, can involve the risk of loss, so use caution when entering any option transaction. You trade at your own risk, and it is recommended you consult with a financial advisor for investment, legal or tax advice relating to options transactions.  Please visit https://prosperitypub.com/terms-conditions/ for our full Terms and Conditions.   Unsubscribe This email was sent to reunisoft.cryptonews@blogger.com by Prosperity Pub 101 Marketside Ave, Suite 404 PMB 318, Ponte Vedra, Florida 32081, United States Prosperity Pub