Windows of Opportunity: The Real Holy Grail?

[Billy]

Gil's appearance on Fox Business News today can be viewed at:

http://video.foxbusiness.com/#/v/956...ylist_id=87185

[Andrei]

Billy,

Can you please expand a bit more on options, and why you find this suitable for you investing style (in some cases)?

Thanks a lot.

[Billy]

Billy,

Can you please expand a bit more on options, and why you find this suitable for you investing style (in some cases)?

Thanks a lot.

Andrei, I just mentioned options here as an alternative suggestion to cash for staying "psychologically" involved in the market action with very little capital at risk.
As for my investing style, I like options for CANSLIM-type trades on individual stocks where I can fix in advance my maximal potential loss on any trade to the premium paid. This practice allows me to stay totally focused on my leveraged ETF trades, since any damage control distraction on stocks ( such as after a big gap down) never bothers me.
Now with the GDX robot and in the absence of liquid related leveraged ETFs, I plan to leverage my positions with options too, limiting premiums paid to the percentage away from the trailing stop loss.
Maybe once or twice a year I see clearly some huge window of opportunity in something and I trade options to increase my leverage well above the usual three-times leveraged level.
I am not an options expert at all and sophisticated options strategies are not my cup of tea. I like to keep it most simple, buying puts or calls at the money with more than one month to expiration.
Thanassis, our technical wizzard administrator, is a real expert in sophisticated options trading and I hope he will soon be able to post about it once he has finished with the fine-tuning of the new website and the real-time 20 DMF tool.
Billy

[nickola.pazderic]

Hi--

I stumbled into this group via a High Growth Stock Investor webinar by Mr. Duncan. I'm also a subscriber to Morales and Kacher. I've been in trading only since last summer. I have sorted through a lot of promotion, hype, thievery... to arrive here with you all. I'm very happy about this and am excited to see how this program evolves.

If I can be of any help, please let me know.

Nickola Pazderic, Ph.D.

[Billy]

Hi--

I stumbled into this group via a High Growth Stock Investor webinar by Mr. Duncan. I'm also a subscriber to Morales and Kacher. I've been in trading only since last summer. I have sorted through a lot of promotion, hype, thievery... to arrive here with you all. I'm very happy about this and am excited to see how this program evolves.

If I can be of any help, please let me know.

Nickola Pazderic, Ph.D.

Welcome on board, Nickola!
A quick Google search reveals that you are a respected cultural anthropologist and University Professor specializing in qualitative research. You also immersed yourself for 20 years in Taiwanese society for an anthropological study of their culture.
Perhaps you can help with qualitative resarch ideas and concepts about the markets, counterbalancing the dominant quantitative approaches.
And immersing yourself for as long as you wish in our EV family, you are welcome to ask the right questions stemming from your experience.
Also, you may from time to time give some feedback on Taiwanese financial culture.
Feel free to be the only judge of your posts.
Cheers,

Billy

[nickola.pazderic]

I appreciate very much the warm welcome.

I've done many things in life and have the scars to prove it!

I'd like to think that if I can do anything well it is to spot quality in people and their pursuits-- thus, my optimism about what I find here.

On investing, in a previous (my first) post I noted my game with the SPY and my investment in TZA. I agree with the Robot, Pascal, Dr. Kacher, and others. This makes buying puts on rallies and the following volatility easier to do and to stomach.

I have some good friends in Taiwan who speculate-- all very successfully; and they've taught me a lot, especially that I must always respect the charts. I'm sorry, however, that I can't comment on any specific Taiwanese companies at this point. I will inquire and pass along what I may learn.

Since I am not an engineer, computer programmer or mathematician, I rely on others, such as the Robot, to help me with brute calculations and precision. An an anthropologist I've written on neoliberalism and its effects on tertiary education in Taiwan. It has been and remains a difficult process for me to transform my thinking from critic to investor. Nonetheless, I think my long term strength as an investor will be in analysis of macro-economic trends.

Again thank you for the kind words and welcome.

Back to work I go...

Nickola

[adam ali]

http://www.ritholtz.com/blog/2011/05...eat-investors/